Can you get a mortgage here in Spain?
If you plan to buy property in Spain, read our guide to see what Spanish mortgages are available to expats and how to apply. If you are holidaymakers searching for properties for a short trip away, as well as those who want to set up a permanent residence in this unique destination. The property market on the Costa del Sol, Spain, has been on a steady rise since last Century. The improvement of the region has added value to the property market and this has subsequently increased the demand for high quality real estate of all types and sizes to suit the different buyers who wish to invest their money in real estate.
What term can you expect for a mortgage in Spain?
In Spain the banks are financing up to 70% of the real estate price or the valuation. Maximum terms for a Spanish Mortgages range from between 20 to 30 years. Discover all of the advantages we offer you when applying for a mortgage.
These are the documents needed to the bank when applying for a mortgage in Spain: