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Spanish mortgages for non-residents
Spanish mortgages for non-residents offer an exciting opportunity for international buyers to secure their own piece of Spanish paradise. These specialized mortgage solutions cater to individuals living abroad who wish to invest in Spain's vibrant real estate market. With tailored eligibility criteria, competitive interest rates, and expert guidance, non-resident buyers can navigate the process with confidence and realize their dream of owning property in Spain. Whether it's a coastal villa, a charming city apartment, or a rustic countryside retreat, Spanish mortgages for non-residents pave the way for a seamless and rewarding homeownership experience.
Can a non-resident get a mortgage in Spain?
Absolutely, non-residents can indeed obtain mortgages in Spain. Spanish banks offer specialized mortgage solutions tailored to the unique circumstances of non-resident buyers. These mortgages facilitate international property ownership, enabling individuals living abroad to invest in Spain's diverse real estate market. With competitive interest rates, flexible terms, and expert guidance, non-residents can navigate the mortgage process with confidence, making their dream of owning property in Spain a reality. Whether it's a sun-kissed coastal retreat, a charming urban apartment, or a tranquil countryside escape, non-residents can access mortgage options that align with their goals and aspirations.
Start with applying for a free pre-approval.
Why should I borrow from a Spanish Bank?
There are three main reasons why you as a non-resident should borrow from a Spanish Bank:

  • Local knowledge
  • Remove the risk of currency fluctuations
  • Reduce the risk of extra taxes

Knowing the local real estate landscape
Choosing a Spanish bank for your borrowing needs holds numerous compelling advantages. Spanish banks possess an innate understanding of the local real estate landscape, ensuring custom-tailored solutions that align seamlessly with your property aspirations. At Habeno we work with several Spanish banks and let them compete for your mortgage. Our expertise in Spanish legal and financial intricacies guarantees a seamless mortgage journey, providing you with a trusted partner every step of the way.
Remove the risk of currency fluctuations
One of the significant benefits lies in competitive interest rates and flexible terms, optimizing your financial arrangement to suit your unique circumstances. Additionally, borrowing from a Spanish bank offers currency benefits, as transactions are conducted in the local currency, mitigating the complexities and risks associated with currency fluctuations.
Reduce the risk of extra taxes
Selecting a mortgage from a Spanish bank as a non-resident, can potentially save you from additional tax burdens. Cash purchases often incur higher taxes, making a mortgage an economically prudent choice that optimizes your financial outlay.
Best Spanish mortgages for non-residents
When it comes to the best Spanish mortgages for non-residents, the importance of evaluating multiple bank offers cannot be overstated. Every borrower's financial situation and property goals are unique, and comparing various mortgage options allows non-residents to find the most favorable terms and conditions.

Evaluating multiple bank offers empowers borrowers to:

  • Secure Competitive Rates: By comparing offers, non-residents can identify banks offering the most competitive interest rates, potentially resulting in substantial long-term savings.
  • Optimize Loan Terms: Different banks may offer varying loan terms, such as repayment duration and flexibility. Careful evaluation ensures borrowers choose terms that align with their financial capabilities and goals.
  • Access Customized Solutions: Non-residents have distinct financial profiles and property preferences. Exploring multiple offers enables borrowers to find a mortgage that caters precisely to their needs.
  • Minimize Costs: Through comparison, borrowers can uncover hidden fees, closing costs, and other charges that might impact the overall cost of the mortgage.
  • Receive Expert Guidance: Engaging with multiple banks allows borrowers to interact with different mortgage advisors, gaining insights and expertise that contribute to well-informed decisions.


Selecting the best Spanish mortgage for non-residents involves a comprehensive assessment of various factors. From interest rates and loan terms to repayment flexibility and associated costs, the process of evaluating multiple bank offers ensures borrowers make a confident and financially sound choice that optimally serves their homeownership aspirations.

Sounds exhausting?
It doesn't have to be. As a Habeno customer, we help you every step of the way. We'll send your mortgage application to multiple banks and assist in negotiating the terms to secure the best offer possible. Here you can read more about Habeno, or simply submit a free pre-approval to find out how much you can borrow.
What's differing for a non-resident to get a Spanish mortgage compared to a local resident?
There's a lot of variables that is taken into account when someone is applying for a Spanish mortgage, especially for a non-resident. Here's a few variables that differs:
  • Eligibility Criteria, depending on the nationality of the non-resident and which currency they get their main income determin if the non-resident is eligible for a Spanish mortgage or not. The criterias can even differ from bank to bank. We've helped non-residents from more than 50 countries and can help you in your specific situation.
  • The Interest rate, may vary a lot between banks. Especially for non-residents. It's therefore of greater importance for non-residents to compare mortgages from multiple Spanish banks. At Habeno we let multiple Spanish banks compete for your mortgage, in order to get you the best terms possible.
  • Documentations and requirements, getting a Spanish mortgage as a non-resident typically involves additional documentation to validate income, creditworthiness and international status. Our team of expers assist you in navigating this process seamlessly.
  • LTV - Loan to Value, determines how much you can borrow depending on the property price. As a non-resident applying for a mortgage you can usually apply for a mortgage with an LTV of maxium 70%. This means that you need to finance the last 30% (excluding any additional fees, such as lawyer costs etc.) yourself. With a pre-approval you can get to know exactly how much you can borrow, before you start your house hunting.
  • The terms of the mortgage usually differs, as a non-resident, you normally donät get a term longer than 20years. This may differ between banks though. At Habeno we can help you find the best bank for your conditions.
Sounds complicated?
It doesn't have to be. Let us help you throught the mortgage process and we'll guide you trhough every step of the way. Start by applying for a pre-approval.
Spanish mortgage calculator for non-residents
While a Spanish mortgage calculator for non-residents can provide initial insights, it only offers a partial view of the overall financial picture. Mortgages involve a multitude of variables beyond the property price, nationality of the non-resident, the income and debts. For a more accurate understanding, we recommend applying for a free pre-approval through our service.

Our streamlined pre-approval process takes into account your unique situation and provides an usally an instant answer.

By applying for pre-approval, you gain a clearer understanding of the mortgage amount you qualify for, the associated costs, and personalized terms tailored to your needs. This proactive approach empowers non-resident buyers with the knowledge needed to make well-informed decisions and embark confidently on their Spanish property journey.
Frequently asked questions
Here are the answers to some of the most common questions we get regarding mortgages for non-residents in Spain.

How much deposit do I need as a non-resident for Spanish mortgage?

As a non-resident seeking a Spanish mortgage, the typical down payment or deposit required is around 30% of the property's appraised value. This means you would need to provide this percentage of the property's price as your own funds, while the remaining amount can be covered by the mortgage loan. However, deposit requirements may vary depending on factors such as the specific bank, the property type, and your financial situation.

Which Spanish bank is best for non resident mortgage?

The choice of the best Spanish bank for a non-resident mortgage depends on various factors, including your financial profile, property type, and specific preferences. Many Spanish banks offer non-resident mortgage options. It's advisable to research and compare terms, interest rates, fees, and customer service to determine the bank that aligns best with your needs and provides a tailored solution for your non-resident mortgage.

At Habeno we can help you through the process. Start by appying for free a pre-approval.

How much mortgage can a foreigner get in Spain?

Foreigners, including non-residents, can typically secure a mortgage in Spain with Loan-to-Value (LTV) ratio of 70% of the property's appraised value. This means that you may be eligible to borrow up to 70% of the property's total value, while the remaining amount is covered by your own funds as a down payment. However, specific mortgage amounts can vary based on factors like the bank's policies, your financial situation, and the type of property you are purchasing. Consulting with banks or mortgage advisors will provide more accurate information tailored to your circumstances.

To know exactly how much you can borrow, you can start with applying for a free pre-approval.

What are the best mortgages for non-residents in Spain?

Fixed-rate mortgages are the most popular option for non-residents in Spain, but it doesn't need to be the best. However, it is highly individual as to which mortgage is the best fit for each person, this of course also applies to non-residents. Therefore, we recommend that you start with applying for a pre-approval. We will then assist you find the mortgage that suits your needs best.

Apply for a free pre-approval.

How hard is it to get a mortgage in Spain?

Obtaining a mortgage in Spain has become significantly easier in recent years, thanks to streamlined processes and improved accessibility. Spanish banks now offer more tailored solutions for both residents and non-residents, making it more accommodating for foreigners to secure a mortgage. With modern advancements and expert guidance available, the process has become more straightforward, allowing potential homeowners to navigate the Spanish mortgage landscape with greater ease and confidence.

Can I buy a house in Spain and become a citizen?

Buying a house in Spain does not automatically grant citizenship. However, acquiring property can be a step towards obtaining long-term residency. Spain offers various residency permits, such as the Golden Visa, which can lead to permanent residency or citizenship under certain conditions, including minimum investment thresholds. Here you can read more about the Spanish Golden Visa.

It is easy to apply for a Spanish mortgage as a non-resident
And it's free. We'll help you go from dream to dream home. Apply for a Spanish pre-approval today - get an offer tomorrow.