A Mortgage in Spain
At Red Rose Property Spain, we offer independent mortgage advice to help you find the best financing options for your property purchase.
A Mortgage in Spain | Red Rose Property Spain
Independent Mortgage Advice for Buying Property in Spain
Getting a mortgage in Spain doesn’t have to be complicated. At Red Rose Property Spain, we offer independent mortgage advice to help you find the best financing options for your property purchase — whether you’re buying in Málaga, Granada, Almería, Murcia, or Alicante. Our experienced team works with multiple Spanish and international banks to secure competitive mortgage rates and flexible terms for both residents and non-residents.
With our guidance, you can make informed financial decisions and buy your dream home in Spain with confidence.
Use Our Online Mortgage Calculator
Want to know what your monthly repayments might be?
Use our Mortgage Calculator right here on our website to get an instant estimate of your potential mortgage in Spain.
Simply enter your:
- Property price
- Deposit amount
- Loan term
Our calculator will show your approximate monthly payment — helping you plan your budget before you buy.
👉 [Try our Spanish Mortgage Calculator now
Types of Mortgages in Spain
We help buyers find the right mortgage for their financial situation. Our advisors work with you to understand your goals and connect you to the most suitable loan options:
- Fixed-rate mortgages: Stable payments and predictable costs.
- Variable-rate mortgages: Linked to Euribor, offering flexibility and potential savings.
- Mixed-rate mortgages: A combination of fixed and variable terms.
- Non-resident mortgages: Tailored financing for foreign buyers purchasing property in Spain.
With Red Rose Property Spain, you’ll always know your options — and which one fits your circumstances best.
Why Work With Red Rose Property Spain
Experience
Over a decade of experience helping international buyers
Proven Track Record
Trusted partnerships with leading Spanish banks
Multilingual
Multilingual team offering support in English, Dutch, and Spanish
Client-Centric
End-to-end service — from property search to mortgage approval
Full Support Through the Buying Process
Your mortgage in Spain is just one part of your property journey. That’s why we offer complete support from start to finish, including:
- Mortgage pre-approval and application guidance
- Legal assistance with contracts and property registration
- Coordination between banks, notaries, and lawyers
- Transparent explanations of all costs and fees
We make the process clear, compliant, and stress-free — even if you’re buying remotely or relocating from abroad.
Local Mortgage Expertise Across Southern Spain
We provide mortgage and property buying assistance in the most desirable regions of Southern Spain:
- Málaga – Costa del Sol: Marbella, Mijas, Fuengirola, Estepona, Benalmádena.
- Granada – Costa Tropical: Almuñécar, Salobreña, Motril, La Herradura.
- Almería – Costa de Almería: Mojácar, Vera, Roquetas de Mar, Arboleas.
- Murcia – Costa Cálida: Mazarrón, Los Alcázares, Cartagena, La Manga.
- Alicante – Costa Blanca North & South: Jávea, Moraira, Torrevieja, Orihuela Costa, Guardamar del Segura.
Wherever you’re buying, our local knowledge and financial expertise make the difference.
“Securing a mortgage in Spain should feel exciting, not overwhelming. At Red Rose Property Spain, we guide you through every step — from comparing banks to understanding the fine print — so you can buy your dream home in Spain with clarity and confidence.”
Catherine Palsrok
Founder & CEO of Red Rose Property Spain SL group
Contact Us!
Red Rose Property Spain is a multilingual real estate agency, proudly speaking English, Spanish, Dutch, German, French, Russian, and Ukrainian — ensuring clear communication and personalized service for every client.
Registered Address: Avenida de Andalucía 118, 29751 Caleta de Vélez, Málaga, Spain
Phone: +34 602 627 580
Email: Contact us now
Registration Number: B56558235
Note: This is our registered business address. Please contact us before any visits, as this location is not open to the public.
FAQ's about Mortgages in Spain.
Download our Buyers Guide with all the answers on your Spanish Mortgage questions.
Can non-residents get a mortgage in Spain?
Yes! Non-residents can apply for a Spanish mortgage. Lenders typically offer up to 60–70% of the property value. The exact terms depend on your financial profile, and some banks may request larger deposits.
How much can non-residents borrow on a Spanish mortgage?
Most Spanish banks lend up to 60–70% of the property value for non-residents. In some cases, depending on your financial background, a higher percentage may be possible, but this is less common.
What documents are needed to apply for a mortgage in Spain as a foreign buyer?
You’ll need:
- A valid passport
- NIE (Foreigner Identification Number)
- Proof of stable income or employment
- Recent payslips or tax returns
- Sometimes, credit history from your home country
- Many banks will also require a Spanish bank account.
Are there additional costs when taking out a mortgage in Spain?
Yes. Besides the deposit, you should budget for:
- Property valuation fees
- Notary fees
- Land registry charges
- Legal fees
- Mortgage tax (AJD) if applicable
Can I repay my Spanish mortgage early?
Yes. Early repayment is allowed in most cases. However, some mortgages, especially fixed-rate ones, may have early repayment penalties.
Do banks require mortgage insurance in Spain?
Most lenders require home insurance, and some also ask for life insurance, particularly for non-resident borrowers. This ensures the property and your financial obligations are protected.