Mortgage loan
Non-resident mortgage in Spain
Finance your property in Spain even if your life and income are abroad. We arrange mortgages for foreign buyers and non-resident Spaniards: second homes, investment or a future move. We compare the banks that genuinely work with international profiles and guide you in your language.
Typical use
Buying a home on the Costa del Sol
Security
The property you buy in Spain
First review
Income, country of residence and deposit
Feasibility pre-assessment
Before talking to banks, we measure your deal.
Property value and condition
Income and tax residence
Deposit and available savings
Monthly payment and debt-to-income ratio
Banks and non-residents
You see your future home; the bank sees a foreign file.
The real problem
Being a non-resident does not make you less solvent, but it does complicate the process.
Paperwork from another country, income in another currency, little history with Spanish banks: many lenders simply do not deal with it. Our job as a broker is to present your file to the banks that do finance non-residents, so it competes like a local buyer’s.
01
Income, country of residence and available documentation.
02
Target property, deposit and structure of the purchase.
Common situations
A different mortgage for every way of buying in Spain.
Buying for the summers is not the same as buying to let: each case is presented to the bank differently.
01
Second home
A holiday home or a base for long stays on the coast. The most common goal among European buyers.
02
Buy-to-let investment
Buying to earn rental income, long-term or holiday lets. We present the deal itself, not just your payslip.
03
Moving to Spain
You still live abroad but plan to relocate. We structure the purchase today based on your current situation, without waiting for the move.
04
Self-employed and foreign income
Your own business, dividends or a salary in another currency. Profiles that demand an especially well-presented file.
The Primeteka process
Clear numbers first. Then the right bank.
The goal is to tell you quickly whether your purchase is realistic: how much financing you can expect, what deposit you need and what documents the banks will ask for.
01
Your profile and your goal
Income, country of residence, available savings and the property you have in mind. A short call is enough to get started.
02
Feasibility and ratios
We calculate your maximum financing, estimated monthly payment and debt-to-income ratio using the real criteria banks apply to non-residents.
03
Bank comparison
We present your file to the lenders that work with your profile and negotiate the terms: rate, term and linked products.
04
Offer and signing
You choose the best offer, the valuation is done and you sign before a notary. We stay with you, in your language, until you get the keys.
Indicative terms
The numbers banks work with.
Indicative ranges for non-residents. Final terms depend on your profile, the property and each lender; we confirm them in the pre-assessment, with no obligation.
Financing
Up to 70% of the purchase price for non-residents (up to 80% for residents).
Deposit and costs
Around a 30% deposit, plus an extra 10-15% for taxes and purchase costs.
Term
Usually 20-25 years, with the guideline of finishing payments before age 75.
Interest rate
Fixed or variable depending on your profile and the lender. We compare both options with real numbers for your case.
Please note
All terms are subject to assessment, valuation and each lender’s risk approval.
Documentation
What speeds up the analysis.
- Passport and NIE for the buyers (we guide you if you do not have an NIE yet).
- Proof of income: payslips, employment contract or your country's tax return.
- Recent bank statements and proof of your available deposit.
- Property details: reservation, deposit contract or the listing if you already have one.
Pre-assessment
Tell us what you want to buy and where you live.
With your country of residence, your approximate income and the property value we can give you a first answer within 24-48 working hours.
Phone: +34 677 51 91 76
Email: info@primeteka.com
Frequently asked questions
What other non-resident buyers ask us.
What percentage will the bank finance for a non-resident?
As a general rule, up to 70% of the purchase price. Tax residents in Spain can reach 80%. With a well-presented file, some lenders can improve the terms further.
Do I need an NIE to apply for the mortgage?
You will need it to sign the deed, but not to start the assessment. If you do not have one yet, we guide you so it is ready in time for the operation’s schedule.
What documents will I be asked for?
Proof of income from your country (payslips, contract or tax return), recent bank statements and the property details. We work with documentation in English, French and German.
How long does the whole process take?
The pre-assessment, 24-48 working hours. The full mortgage usually closes in 4-8 weeks depending on the bank and the paperwork, a timeline compatible with a standard deposit contract.
What matters in a mortgage besides the interest rate?
The term, the linked products (insurance, salary account, cards), the fees and whether the bank truly understands your profile. We optimise the whole offer, not just one number: two mortgages at the same rate can differ by thousands of euros in total cost.
What terms and interest rates do banks offer non-residents?
Terms are typically 15 to 25 years. Rates for non-residents currently range between 3% and 4.5%, depending on your profile. We work with both fixed and variable rates.
What are the costs of buying a property in Spain?
Between taxes, notary, land registry, valuation and bank fees, roughly an additional 10-12% on top of the property price. We work it out with you before you start.
Can I get a mortgage for an investment property?
Yes. The criteria are somewhat stricter: LTV is usually around 60% and banks assess expected yield carefully. We help you present the case in the strongest possible way.
Your mortgage in Spain, presented
the way the bank wants to see it.
No obligation. We tell you what financing is realistic for your profile
and what documentation you need.