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 in Spain, and you must be paying Spanish taxes. Most banks will require at least 2 years of Spanish taxes before being able to offer a resident mortgage.
Also, it is good to know that the bank will always take as a reference price the lowest between the valuation and the purchase price.
We offer competitive mortgages for both non-residents and residents. Speak to our mortgage brokers today!
Ask us! We will get back to you as soon as possible
© 2020 Hipoteken – Powered by Bibiai
© 2020 Hipoteken – Powered by Bibiai
Cookie | Duration | Description |
---|---|---|
cookielawinfo-checbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
cookielawinfo-checbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
cookielawinfo-checbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |