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.

• 70% LTV – You will need 30% of the property price, plus the taxes and other costs of buying.

• 80% LTV (only for resident mortgages) – You will need 20% of the property price, plus the taxes and other costs of buying.

It is impossible to give an exact cost of the purchase, as this will depend on each individual case. The costs of buying will change depending on the  region of Spain the property is located, and whether you are buying a new build property or a resale.