Non-resident mortgages in Spain typically cover 60–70% of valuation. Rates from ~3.2% (2026). Here's how to qualify and what to expect.
Loan-to-value
Non-residents: 60–70% LTV. Residents: up to 80%. Higher LTV available for top-tier private banks.
Rates
Variable from ~2.9% (Euribor + spread). Fixed from ~3.2%. Mixed (fixed then variable) is increasingly popular.
Income requirements
Banks generally accept up to 35% of net monthly income for total debt service, including the new mortgage.
Documents you'll need
Passport, NIE, last 3 payslips, last 2 tax returns, bank statements (3–6 months), employment letter or company accounts for self-employed.