What is the Difference between NIE and TIE?
In Spain, non-European Union citizens are assigned a unique identification number called NIE and a physical residence card known as TIE. While both serve to identify non-EU nationals in the country, there are important differences between the two. In this article, we will explore the distinctions between NIE and TIE and their respective purposes in the Spanish immigration system.
Guide to purchasing a property with a mortgage in Spain
Step-by-step guide to purchasing a house with a mortgage in Spain The process of buying a property with a mortgage in Spain entails various steps and milestones. Whether you are a first-time buyer or you are familiar with real estate transactions, understanding the steps involved can significantly simplify the process for you. In this comprehensive […]
Mixed-Interest Mortgages in Spain
When it comes to purchasing a property in Spain, finding the right financing option is crucial. In the current interest rate scenario, mixed-interest mortgages have emerged as a popular and convenient solution for homebuyers in Spain.
How much of a deposit do I need to buy a property in Spain with a mortgage?
This will depend on the percentage of LTV – Loan To Value – the bank is willing to offer to finance your purchase, and the costs of buying. If you obtain a mortgage offer for: 60% LTV – You will need 40% of the property price, plus the taxes and other costs of buying. […]
What is the maximum LTV (Loan to Value) I could get?
For non-residents, you could borrow up to 70% of the purchase price of the property. In case you are eligible for a resident mortgage, the banks will normally offer 80% LTV. In some exceptional cases a higher % can be achieved. To be eligible for a resident mortgage your income must be generated […]
Can I get a mortgage in Spain as a non-resident?
Yes, you can get a mortgage in Spain if you are a non-resident. For more information, please go to our page for non-residents mortgages. Go back If you have not found the answer… Ask us! We will get back to you as soon as possible
What are the best non-resident Spanish mortgage options in 2021?
Many of our clients have contacted us in the last few months with the same question… Are there any changes in the mortgages banks offer in 2021? Our answer to these questions is clear… Banks are still lending and keen to provide mortgages for non-residents! Here are the key points on Spanish mortgage offers from the […]
