At Fluent Finance Abroad, we encounter many people looking to obtain a mortgage for their dream property in Spain but feel are concerned that they don´t fully understand how mortgages in Spain for non-residents work.   We totally recognise the apprehension as it can be difficult to understand the process, especially in another language.  At Fluent Finance Abroad, our team of fully qualified Spanish Mortgage Advisors will totally eliminate any confusion you may have surrounding obtaining a Spanish Mortgage, and offer assured and sensible advice for your particular requirements and circumstances.

We are on hand to answer all of the questions you may have, no matter how trivial you make think they are. We want to assure you that you are in completely safe and capable hands when obtaining a Spanish Mortgage for non-residents.

We can put you in the best possible position both legally and financially when it comes to owning a property in Spain, and we will help you find a mortgage with ease.

Can a foreigner get a mortgage in Spain?

This is the question we get asked most at Fluent Finance Abroad, and the simple answer is yes. It is possible for a foreigner to obtain a Spanish mortgage for non-residents, but since the introduction of a new Spanish mortgage law in June 2019, it has become considerably harder to do so. This is especially the case if your main source of income is earned in a currency which isn’t one of the 5 most widely used currencies in the world.

  • Euro – €
  • US Dollar – $
  • Great British Pounds – £
  • Swiss Francs – Ƒ
  • Japanese Yen – ¥
Spanish Mortgages For Non-Residents

We at Fluent Finance Abroad can assist clients worldwide in obtaining a Spanish mortgage with our service.  Our expertise is second to none.  We can prepare all of

the paperwork involved of the application process for getting your Spanish mortgage and ensure that your case gets submitted in the correct way and to the correct lenders.  At Fluent Finance Abroad we look after you throughout the entire process – from inception to completion of obtaining your Spanish Mortgage for non-residents.

Can I get a UK mortgage for a Spanish property?

It is not possible to obtain a mortgage from UK lenders for purchasing or re-mortgaging Spanish property is not something which can be done. British banks such as The Royal Bank of Scotland/Nat West, Barclays, The Leeds Building Society etc. and lenders from other countries such as Denmark and Iceland have withdrew  their mortgage offerings soon after the start of the global credit crisis. As of yet, they have not returned and have no intention of coming back soon as far as we can see. Many of these lenders still have toxic assets which still need clearing up first.

You can find out more information about this topic by reading our blog on British Banks and mortgages in Spain.

How much deposit do I need for a mortgage in Spain?

The size of the deposit required for a Spanish mortgage for non-residents depends on the strength of your potential mortgage application. Normally it is advisable to have an amount of liquid funds available equivalent to 40-50% of the price you are willing to pay for a Spanish property. Taxes/closing costs/legal fees/banking costs should also be taken into consideration when you are thinking of making an offer for a property in Spain.

The quickest way to see how much your Spanish mortgage repayments would be is by using our Spanish mortgage calculator.

Do I need a Spanish bank account to buy a property in Spain?

You don’t have to have a Spanish bank account to own a Spanish property, but during the process you will have to open one as local council and utility companies will not set up direct debits to bank accounts that are located outside of Spain, as unfortunately they don’t yet have the IT systems to support this.

Fluent Finance Abroad know which high street banks offer the best bank services for foreign clients, so you are in safe hands with the service we offer.

Contact us

If you have any questions on how to obtain a Spanish mortgage for non-residents, then please do not hesitate to get in touch with our team of experts. Be sure to fill out our online enquiry form or email us at, alternatively, you can give us a call on 34-952-853647 for a conversation with one of our friendly experts.

Do you need a Spanish Mortgage Broker or a Financial Advisor in Spain?
Feel free to get in touch and we will get back to you as soon as possible.