Best buys with a mortgage in Spain
Spanish mortgage product types can vary. See our current best buys for non resident loans.
What Are the Best Offerings Available for Non-Resident Mortgage Applications?
For non-residents buying in Spain, Spanish banks offer different terms and pricing than those available to fiscal residents.
Spanish banks generally don’t have standard mortgage products or set terms — instead, each bank works within a range of rates and conditions, adapting its offer to the overall quality of the application received.
- Firstly, by considering the total relationship they’ll have with the applicant.
- Secondly, factors such as the loan-to-value required and debt-to-income ratios.
- Employment stability.
- Age of the applicant.
- Spanish banks are required to offer two rate options: one with linked products, and one without.
- All loans in Spain are on a repayment basis.
Loans must typically be repaid by an age of between 60 and 80 years.
The maximum loan-to-value for non-residents is normally 70%, though one lender can offer up to 75% — bearing in mind the interest rate applicable at that higher level.
Overview of Spanish Mortgage Interest Rate Ranges
The 12-month Euribor revision level for August 2026 stands at plus 2.855% — a very slight increase on July 2026. This rate applies to all new Spanish mortgages completing in August 2026, as well as those due their annual review this month.
- Variable rates without linked products, from 1% above Euribor.
- 20-year fixed rates from 2.5%, fixed for the full term — linked products apply, along with minimum loan size and purchase price requirements.
- 10-year fixed rates from 2.35%, fixed for the full term.
- Mixed rate products from 3.75% for the first 3 years, followed by 0.75% above Euribor.
- Maximum terms range from 15 to 30 years, with fixed rates available for the full term.
The rates shown are for guidance only, as Spanish lenders tailor final terms and conditions to each borrower, based on their risk profile and fiscal strength.
Make an application for a mortgage in Spain to see what you could achieve, and take advantage of our no-cost approval process. Contact us today.
Product 1
For a mortgage in Spain nationality restrictions may apply
Purchase price restrictions may apply
- Up to 70% loan to value
- Up to age 75 years
- Maximum term 25 years
- Variable rates first year 2.69% followed by 1.3% above 12 month Euribor, with linked products
- Rate reviewed 12 monthly
- Fixed rates from 2.55%, with linked products
- For fixed rate currency limitations may apply
- Standard arrangement fee 0%
- 0% early redemption fixed and variable rates
- Linked products required for lowest possible rates
Product 2
Nationality restrictions may apply
Minimum purchase price 1mk
Minimum loan size 500k
- Up to 70% loan to value
- Up to age 75 years
- Maximum term 20 years
- Fixed rate full term 3.15%
- 2.8% fixed rate for first 10 years linked products apply
- Variable rate year 11, Euribor plus 0.80% with linked products
- Standard arrangement fee 1%
- Redemptions 2% first 10 years. 0.15% year 5. 0% from year 6
- Linked products required for lowest possible rates
NEW PRODUCT May 2025– Applicants earning incomes in Kuwait, Bahrain and Oman. For more information click here.
Product 3
No minimum earning requirement for mortgages in Spain
Restrictions on purchase price not applicable
Most nationalities considered – 70% for UK citizens re-instated
- 70% loan to value
- Up to age 75 years
- Maximum term 25 years
- Variable rate from 1% above 12 month Euribor
- Rate review 12 monthly
- Fixed rates 10 to 25 years from 2.75%
- Fixed rates for non euro earners available by exception
- Standard Bank arrangement fee 1.5%
- 0.25% early repayment full and partial first 3 years/ 0.15% for 5 years/ fixed rates higher redemptions may apply.
- Linked products required for lowest possible rates
Product 4
Nationality restrictions may apply for a mortgage in Spain
Minimum earnings levels € 48k net
No purchase price restrictions
- Up to 70% loan to value
- Up to age 80 years
- Maximum term 20 years
- Variable rate from 0.75% above 12 month Euribor
- Rate reviewed 12 monthly
- Fixed rates 10 to 20 years from 2.8%
- Fixed rates and currency loans GBP, SEK, DKK,NOK,CHF,USD, CAD
- Standard Bank arrangement fee 0%
- Variable 0.25% early repayment full and partial first 3 years/ 0.15% for 5 years, fixed rates higher redemptions may apply
- Linked products required for lowest possible rates
Product 5
For the mortgage in Spain nationality restrictions may apply
Purchase price restrictions may apply
Minimum earnings € 50k net
- Up to 70% loan to value
- Up to age 75 years
- Maximum term 25 years
- Variable rates from 1.5% above 12 month Euribor
- Rate reviewed 12 monthly
- Fixed rates 10 years from 3.5%, 15 years from 3.75%, 20 years from 4%,25 years from 4.5%
- Fixed rate Euro earners only
- Standard arrangement fee 1.5%
- Variable 0.25% early repayment full and partial first 3 years/ 0.15% for 5 years, fixed rates higher redemptions may apply
- Linked products required for lowest possible rates
Product 6
Nationality restrictions may apply
Minimum purchase price € 80k
- Up to 70% loan to value
- Up to age 70 years
- Maximum term 20 years
- Variable rate from 1.99% above the 12 month Euribor.
- Rate review 6 monthly
- Full term fixed rates 5 to 20 years from 4%
- Fixed rate currency restrictions may apply
- Standard arrangement fee 1.5%
- 0.25% early repayment full and partial first 3 years/ 0.15% for 5 years variable rates, fixed rates redemption penalties may be higher.
- Linked products required to receive lowest possible rate.
Product 7
Nationality restrictions may apply
Area, purchase price, and population level restrictions may apply
- Up to 75% loan to value Euro and British residents
- Up to 70% non euro applicants
- Up to age 75 years
- Maximum term 30 years
- Variable rates from 1.79% above 12 month Euribor
- Rate review 6 monthly
- Fixed rates from 4.09%
- Mixed fixed variable rates 3 years from 3.99% then 1.79% above Euribor.
- Fixed rate currency restrictions may apply
- Standard Bank arrangement fee 1%
- 0.25% early repayment full and partial first 3 years/ 0.15% for 5 years variable rates, fixed rates redemption penalties may be higher.
- Buildings insurance compulsory for lowest rates