Mortgages for Foreigners in Spain
Mortgage financing for international buyers, foreign residents and non-residents looking to purchase property in Spain.
Buying a property in Spain while living abroad? LG Finance Credit Services helps international buyers, foreign residents and non-residents find suitable mortgage financing in Spain.
With over 20 years of experience in mortgage brokerage, we provide personalised guidance, assess your financial situation and negotiate financing solutions with our Spanish banking partners.
Can Foreigners Get a Mortgage in Spain?
Yes. Foreign nationals can apply for a mortgage in Spain, whether they are Spanish residents or live abroad.
Spanish banks assess each application according to several factors, including income, employment status, existing financial commitments, available savings and the property being purchased.
At LG Finance, we help you understand your borrowing capacity and prepare a financing application suited to your circumstances.
How Much Can Non-Residents Borrow in Spain?
Non-resident buyers can generally obtain mortgage financing of up to 70% of the property’s purchase price or bank valuation, whichever is lower.
For Spanish residents, financing may reach 80% in certain circumstances, depending on the bank and the applicant’s financial profile.
Investment properties, company purchases and more complex transactions may be subject to different financing limits.
Buyers should also budget for taxes and acquisition costs, which are generally paid from their own funds.
Mortgage Requirements for Foreign Buyers
Banks usually request documentation to assess the applicant’s identity, financial stability and repayment capacity.
Documents may include:
- Passport or national identity card and NIE, where applicable.
- Recent payslips or proof of professional income.
- Employment contract or business documentation.
- Recent personal bank statements.
- Tax returns or tax assessments.
- Details of existing loans and financial commitments.
- Property purchase documentation, when available.
Additional documentation may be required depending on your country of residence, employment status and the bank’s requirements.
LG Finance guides you through the documentation process to help present a clear and complete application.
Mortgage Solutions for Different International Profiles
We assist clients with a wide range of financing needs:
- Non-resident buyers: purchasing a holiday home or second residence in Spain.
- Foreign residents: financing a primary residence in Spain.
- Self-employed professionals and business owners: applicants with entrepreneurial or international income.
- Property investors: financing residential investment properties.
- International buyers: applicants earning income outside Spain or holding assets in different countries.
Every application is assessed individually to identify suitable financing options.
Why Choose LG Finance as Your Mortgage Broker in Spain?
Applying for a mortgage in another country can involve unfamiliar banking procedures, documentation requirements and financial criteria.
LG Finance offers:
- Over 20 years of mortgage brokerage experience.
- Personalised assessment of your financing needs.
- Access to established Spanish banking partners.
- Negotiation of mortgage conditions according to your profile.
- Assistance throughout the mortgage process, from initial assessment to completion before the notary.
- Support for property purchases in Barcelona, Madrid, Marbella, the Costa del Sol and other regions of Spain.
Our objective is to make the financing process clearer, more efficient and adapted to your property project.
Apply for Your Mortgage in Spain
Planning to buy a property in Spain?
Whether you are looking for a primary residence, a second home or an investment property, LG Finance can review your financial situation and help you explore available mortgage solutions.
Contact LG Finance Credit Services to discuss your mortgage project in Spain.
Mortgage approval, financing percentages and conditions are subject to the lender’s assessment and the applicant’s financial circumstances.