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 […]
