Current Non-Resident Mortgage Rates in Spain
Spanish mortgage products vary in loan-to-value, rate structure, and eligibility depending on the lender and your circumstances. Below are some of the products currently available to non-residents — actual terms are open to negotiation with the bank, and International Mortgage Solutions (IMS) works to secure the best possible outcome for your specific case.
What’s 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. Banks generally don’t have standard mortgage products or set terms — instead, each adapts its offer to the overall quality of the application, considering:
- The total relationship the bank will have with the applicant
- The loan-to-value required and debt-to-income ratios
- Employment stability
- The applicant’s age
- 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 a maximum age of 80, though most lenders cap this lower, around 75. The maximum loan-to-value for non-residents is normally 70%, though one lender — UCI — can offer up to 75%, at a correspondingly higher interest rate.
For details on early repayment charges in Spain check our guide included in the Spanish mortgages page.
Overview of Spanish Mortgage Interest Rate Ranges
The 12-month Euribor revision level for October 2026 stands at plus 3.247% — This is the single biggest monthly increase in 2026. The rate applies to all new Spanish mortgages completing in October 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
These rates are for guidance only — Spanish lenders tailor final terms 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 and purchase price restrictions may apply.
- Up to 70% loan-to-value
- Up to age 75
- Maximum term 25 years
- Variable rate: 2.69% in the first year, then 1.3% above the 12-month Euribor, with linked products
- Rate reviewed every 12 months
- Fixed rates from 2.55%, with linked products
- Currency limitations may apply for the fixed rate
- 0% arrangement fee
- Standard overpayment charges, on both fixed and variable rates
- Linked products required for the 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 rates from 2.8%, linked products apply
- Variable rate Euribor plus 0.80% with linked products
- Standard arrangement fee 1%
- Standard penalties for early repayment of the Spanish mortgage
- Linked products required for lowest possible rates
Product 3
No minimum earning requirement for mortgages in Spain
Restrictions on purchase price not applicable
Most nationalities considered
- 70% loan to value
- Up to age 75 years
- Maximum term 25 years
- Variable rate from 1% above 12-month Euribor
- Rate reviewed every 12 months
- Fixed rates 10 to 25 years from 2.95%
- Fixed rates for non euro earners available by exception
- Standard arrangement fee 1.5%
- Repayment penalties applied for variable and fixed
- Linked products required for lowest possible rates
Product 4
Nationality restrictions may apply for a mortgage in Spain
Minimum earnings levels net €48k equivalent
- 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 every 12 months
- Fixed rates 10 to 20 years from 2.8%
- Currency loans available for GBP, SEK, DKK, NOK, CHF, USD, CAD
- Standard arrangement fee 0%
- Standard early repayment penalties
- Linked products required for lowest possible rates
Product 5
For a mortgage in Spain nationality restrictions may apply
Purchase price restrictions may apply
Minimum earnings net €50k equivalent
- 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 every 12 months
- Fixed rates 10 years from 3.5%, 15 years from 3.75%, 20 years from 4%, 25 years from 4.5%
- Fixed rates available to Euro earners only
- Standard arrangement fee 1.5%
- Overpayment penalties apply contact us for more information
- 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 reviewed 12 months
- Full term fixed rates 5 to 20 years from 4%
- Fixed rate currency restrictions may apply
- Standard arrangement fee 1.5%
- Standard early repayment penalties
- 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 earners and British residents
- Up to 70% for other nationalities
- 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%
- Variable and fixed early repayment penalties apply
- Buildings insurance compulsory for lowest rates