Money
Financing your Spanish home.
Borrowing in euros against the Spanish property is often the cleanest option — the loan and the income are in the same currency.
↳ Structure
A typical foreign-buyer mortgage.
- 30% — minimum deposit paid to the developer during construction.
- Up to 70% — maximum mortgage against valuation for non-residents.
- Purchase fees (~13%) can not be financed — they come from cash.
- Practical loan-to-price with fees included lands around 60%, i.e. ~40% real equity.
↳ Rates
What's the rate right now?
As of 2026, fixed non-resident mortgages in Spain are typically quoted at 3.8–4.6% over 20–25 years. Variable products track Euribor + a margin of 1.0–1.7%. Rates depend on the loan-to-value, your income and whether you take the bank's insurance and salary products.
↳ Lenders we introduce
Where our clients typically borrow.
- Loan in Spain — Norwegian-owned broker specialising in Spanish mortgages. Written offer inside 24 hours.
- DNB Luxembourg — private-banking mortgages against a Spanish property, with interest-only options.
- Local Spanish banks — Sabadell, CaixaBank and Bankinter all have dedicated non-resident desks.
↳ Reassurance
Only bonded developers.
LoveSpain only works with developers who issue individual bank guarantees on every stage payment. Direct-buying from a developer without an advisor and without a lawyer is where most bad stories start — from missing guarantees to language issues at handover.
↳ Next step