Ready to own a piece of paradise in Spain?
More and more foreigners are purchasing properties in Spain. According to information from Spain’s General Council of Notaries, over 67,983 houses were bought by foreigners in 2023, making up around 13% of all transactions. Additionally, foreign citizens signed 7% of the mortgages issued in Spain for property purchases.
Luckily, getting a Spanish mortgage for non-residents is possible, and there are various options available. This could be the golden ticket you need to unlock the doors to the country’s coveted housing market.
Buying property in Spain, such as a holiday home, and getting a Spanish mortgage for non-residents might be difficult but not impossible.
While some Spanish banks may turn a blind eye to those living and paying taxes abroad, don’t fret! There are plenty of other banks that are more than happy to give mortgages to foreigners so that they can make their Spanish dream a reality.
Here is everything you need to know about mortgages in Spain for non-residents.