Can non-residents get a mortgage in Spain?

Yes. Spanish banks lend to non-residents, but usually up to about 60% to 70% of the property value, so you need 30% to 40% plus the buying costs from your own funds. You will need an NIE and proof of income from your home country.

Typical paperwork includes your passport, NIE, recent bank statements, payslips or accounts, tax returns and a credit report from your home country. Self-employed buyers are often asked for more.

Pre-approval commonly takes a couple of weeks and full approval several weeks after you have chosen a property. The bank will value the property, and the valuation may come in below the price, which lowers what they lend.

Rates can be fixed, variable (linked to Euribor) or mixed. Some buyers borrow in their home country against another property instead, so it is worth comparing both routes with an independent broker.

General information, not legal or tax advice. Rules and figures were last checked in November 2026 and change, so take independent advice from a Spanish lawyer for your own purchase.