Can non-residents get a mortgage in Spain?

Yes. Spanish banks do offer mortgages to non-residents, though on less favourable terms than for Spanish residents. The key differences: maximum loan-to-value (LTV) is typically 60–70% (vs 80% for residents), interest rates may be slightly higher, and documentation requirements are more extensive. The major Spanish banks that regularly deal with non-resident mortgage applications include Banco Sabadell, BBVA, Santander, CaixaBank and Bankinter. Some international banks with Spanish operations (Deutsche Bank Spain, ING Spain) also offer non-resident mortgages.

What is the maximum mortgage a non-resident can get in Spain?

Most Spanish banks cap non-resident mortgages at 60–70% of the property's appraised value (valor de tasación). This means you need a deposit of 30–40% plus the purchase costs (taxes, notary, etc. — typically 10–12% of purchase price). For a €350,000 property, you would need approximately €105,000–140,000 as a deposit plus €35,000–42,000 for purchase costs — a total of around €140,000–182,000 in upfront funds.

What documents do I need for a non-resident mortgage in Spain?

Spanish banks typically require: NIE number (mandatory), Spanish bank account, 3–6 months of payslips or pension statements, 2–3 years of tax returns (from your home country), 3–6 months of bank statements, employment contract or proof of self-employment income, property appraisal (tasación, done by bank's approved appraiser), details of existing debts/mortgages, passport and proof of address. For non-EU buyers, all documents from outside Spain must be apostilled and officially translated into Spanish (certified translation).

How long does the mortgage process take in Spain?

The full process from initial application to completion typically takes 6–12 weeks. This includes: pre-approval (1–2 weeks), property appraisal/tasación (2–3 weeks), formal offer (FEIN — Ficha Europea de Información Normalizada) and binding offer (FIAE) (1–2 weeks), 10-day mandatory reflection period (required by Spanish law since 2019), notary appointment booking (1–2 weeks). The overall property purchase (from finding the property to signing at the notary) typically takes 2–4 months.

What are typical Spanish mortgage interest rates for non-residents in 2026?

In 2026, Spanish mortgage rates (Euribor-based variable mortgages or fixed rate) are influenced by ECB policy. Fixed rate mortgages for non-residents are typically 0.3–0.5 percentage points higher than for Spanish residents. As of mid-2026, non-resident fixed mortgages range from approximately 3.5–5.5% depending on the bank, the LTV, and the borrower's profile. Variable mortgages are typically Euribor + 0.5–1.5%. It is worth using a mortgage broker (brokers hipotecarios) who can negotiate better rates across multiple banks simultaneously.

Hipoteca en España para No Residentes [2026] — Cómo Comprar con Financiación

Guía completa para obtener una hipoteca en España como no residente en 2026. LTV máximo 60-70%, mejores bancos (Sabadell, BBVA, Santander), documentación requerida, NIE y cuenta bancaria, y cronología de la compra.

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Hipoteca en España para No Residentes [2026]

Sí, los no residentes pueden obtener hipoteca en España — con condiciones diferentes a los residentes.

Diferencias clave

Característica	Residentes	No residentes
LTV máximo	Hasta 80%	60–70%
Depósito mínimo	20%	30–40%
Tipo de interés	Estándar	+0,3–0,5% aprox.

Mejores bancos para no residentes (2026)

✓Banco Sabadell: el más experimentado con compradores internacionales. LTV 70% (UE), 60% (no-UE)
✓BBVA: gran red, tipos competitivos
✓Openbank (Santander): 100% digital, ágil
✓Bankinter: buenas condiciones para rentas altas

Documentación necesaria

✓NIE (obligatorio — sin él no hay hipoteca)
✓Cuenta bancaria española
✓Últimas 3 nóminas o extractos de pensión
✓2 últimas declaraciones de renta (del país de origen)
✓Últimos 3 meses de extractos bancarios
✓Contrato laboral o prueba de actividad

Para no-UE: toda la documentación apostillada y con traducción jurada al español.

Ejemplo práctico: propiedad de €350.000 en Fuengirola

Concepto	Importe
Precio de la propiedad	€350.000
Depósito (35%)	€122.500
Hipoteca (65%)	€227.500
ITP 7%	€24.500
Notaría + registro + gestoría	€7.000
Total fondos propios necesarios	€154.000
Cuota mensual (~4,5% fijo, 20 años)	~€1.440/mes

Periodo de reflexión obligatorio (10 días)

Desde la Ley Hipotecaria de 2019, hay un mínimo de 10 días entre la oferta vinculante y la firma ante notario. No puede renunciarse a este plazo.

IRNR e hipoteca

Si no eres residente fiscal: presentas Modelo 210 anualmente.

✓EU/EEE: puedes deducir gastos si alquilas la propiedad
✓No-UE: no puedes deducir gastos, IRNR al 24% bruto

Costa Expat coordina el NIE, cuenta bancaria, referidos hipotecarios y todo el proceso de compra en Costa del Sol.