How to apply for a mortgage on real estate in Spain for foreigners?

Loans to buy real estate in Spain

Real estate loans in Spain occupy an important place in the housing market and represent a useful financial instrument. After the serious economic crisis that occurred between 2008 and 2014, the financial situation of many Spaniards has deteriorated significantly. Reduced wages led to difficulties in repaying mortgages, which in turn triggered a drop in residential real estate prices. In this difficult situation for banks for foreign clients with stable incomes became more interesting borrowers.

Share of Russian-speaking investors

According to information from real estate experts, the share of Russian-speaking investors in mortgage transactions ranges from 30% to 50%. The main interest of such buyers is concentrated in popular resorts such as:

• Costa Dorada
• Costa Brava
• Costa del Sol
• Costa Blanca

In order to better navigate the market, it is worthwhile to carefully research the current prices of resort facilities, which will help to make more informed investment decisions.

Conditions for purchasing real estate on credit

Spanish law does not impose strict limits on the minimum or maximum value of real estate that can be purchased on credit. The key point is to be able to show the lending institution your financial strength and ability to fulfill your loan obligations. If it is a commercial property in the price range of up to 500,000 euros, the loan terms will be generally comparable to those for residential properties.

If the value of the object exceeds this amount, for example, when it comes to a shopping center or a hotel, the bank conducts an individual assessment based on the level of risk.

Banks working with foreign borrowers

There are many banks in Spain, among them:

• La Caixa
• BBVA
• Santander
• Bankinter
• Sabadell
• Bankia

are willing to consider applications from foreign borrowers. Even if a Russian does not plan permanent residence in the country, he can count on a mortgage loan if he provides proof of his financial reliability. Such credit organizations as Bankia and Caja Rural are particularly active in working with foreign clients.

Advantages and restrictions for foreign borrowers

One of the advantages available to foreign borrowers is the absence of the need for a guarantor. Nevertheless, it should be known that the maximum mortgage amount, as a rule, rarely exceeds 60% of the real value of the property and only in exceptional cases it can reach 80%.

Strictness of document requirements

In recent years, the requirements for the provision of documents have become more stringent, which is due to the increase in cases of late payments and abandonment of mortgaged properties. It is important to mention that in Spain it is possible to obtain a mortgage not only for the purchase of new properties, but also for the purchase of real estate that has been returned to the banks as a result of debt on the part of customers.

“Bad Bank” Sareb

There is a so-called “bad bank” Sareb responsible for the realization of such distressed assets. Other financial institutions also periodically conduct sales of such properties, which may be relevant for potential investors.

Conclusion

As you can see, understanding the peculiarities of mortgage lending and the nuances of working with real estate in Spain will help more confidently navigate the local market and make balanced and thoughtful decisions. Analysis of the situation in the real estate market, as well as taking into account the current offers will reduce the risks associated with investments and help to avoid unpleasant consequences.

Topical questions about real estate abroad

Modern issues concerning investments, immigration and buying real estate abroad are a topic that is relevant to a lot of people. If you are interested in this issue, it is highly recommended to subscribe to specialized sources that can provide you with the latest information. Now let's move on to the important part of the discussion - the banks' criteria for potential borrowers.

Requirements for borrowers

In order to be approved for a loan to purchase a home, you need to prove your financial stability and the availability of legal sources of income. It is extremely important to collect the most complete package of documents that can demonstrate your financial capabilities. Such documents include:

• tax returns
• official certificates of employment
• papers confirming ownership of other real estate objects
• bank statements

Difficulties for non-residents

It is much more difficult for banks to check the documents of foreign citizens than those of locals. Therefore, a lack of information has a chance of leading to a refusal to grant a loan - the bank may simply consider your income to be unreliable. A convenient benchmark is the ratio at which the total income exceeds the amount of monthly loan payments at least three times.

Age restrictions

As noted by Irina Rud, manager of Espanatour, potential borrowers must be over 18 years old and have a stable income that must be fixed for at least two years. Also taken into account is the age of the borrower, which should not exceed 75 years at the time of the final payment of the loan. It is important to note that regardless of age, all those who wish to take out a mortgage loan must take out life insurance.

Requirements for real estate

The requirements for the real estate itself should also be considered. The main condition is that the purchased property must be liquid, because if the borrower is unable to fulfill his obligations, the bank will have to sell it. In most cases, lending institutions are more willing to provide loans for the purchase of new buildings, but secondary housing, which is in satisfactory condition and located in a good neighborhood, is also of interest to banks.

Real estate appraisal

When applying for a mortgage loan, a real estate appraisal will be required to enable the bank to determine the size of the loan. Most financial institutions work with accredited appraisers, whose conclusions are taken into account. The appraisal report indicates not only the value of the object, but also the period during which this housing can be sold at a specified price. The report also contains information about three similar transactions on the market or six similar properties that have been sold within the last year.

Feedback from foreign borrowers

It is necessary to focus on the reviews of foreign citizens who have already gone through the process of obtaining real estate loans in different regions of Spain. These personal stories can be extremely useful for those who intend to purchase housing abroad. For example, one of the positive examples is the successful purchase of an apartment in Spain through a banking institution while in Barcelona.

Other examples of successful purchases

Other examples include:

• purchase of a beachfront apartment in La Manga
• obtaining a mortgage for real estate managed by the bank

One of the offers includes an apartment worth 280,000 euros on the Costa Blanca of 203 m² with three bedrooms, two bathrooms, a terrace of 107 m², a utility room, as well as access to communal green areas and underground parking.

Conclusion

This approach to real estate selection, as well as careful preparation of all necessary documents will significantly increase the chances of obtaining a mortgage loan and make the process of acquiring real estate abroad safer and more transparent.

The upscale neighborhood of Villamartin

Villamartin is a prestigious residential area that attracts many people from all over the European continent thanks to its excellent infrastructure. Located just five kilometers from the center of Barcelona, it offers residents easy access to all the benefits of city life. The real estate market offers a variety of options, including townhouses and apartments that are perfect for comfortable living or vacationing on the picturesque Spanish coast.

Examples of real estate

For example, on the Costa del Maresme there is a wonderful townhouse for the cost of520,000 eurosIts area is300 square metersand comprises four bedrooms, three bathrooms and a spacious living room with panoramic windows. There is also an extensive terrace, a modern kitchen with full equipment and a well-maintained green garden. This property is only a short walk to the sea1.4 kilometersand the distance to the center of Barcelona is26 kilometers.

Other options

• There is another attractive option on the Costa Blanca - a townhouse at a cost of202,000 eurosThe total area is91 square metersand includes four bedrooms and four bathrooms, making it a great option for those looking for a home in La Zenia.
• In Costa del Sol, you can purchase a townhouse in Benahavís, the price of which is275,000 euros, and the area —210 square metersThis is a gated residential complex with ten townhouses and a secured territory. Each of these houses offers three bedrooms with en-suite bathrooms, a guest toilet, a fully equipped kitchen, and a bright living room with a fireplace. Additionally, there is an underground garage for two cars and access to a communal pool.
• If you are attracted to penthouses, it's worth paying attention to a property priced at259,000 eurosin Orihuela Costa. Its area is97 square metersIt features three bedrooms and two bathrooms. The penthouses are located in the Villamartin area and have large private terraces with stunning views, as well as access to a communal pool and relaxation areas.

Apartments for sale

There are also apartments on the market, such as a property priced at245,000 eurosIn Orihuela Costa. This elite complex includes two bedrooms, two bathrooms, and spacious terraces. Most apartments have a sea view, and you can choose between a ground floor option with a garden or a penthouse on the top level with a solarium. All apartments are already ready for sale, and potential buyers can arrange an online presentation for convenience.

Apartments on the first floor by the sea

For those looking to purchase an apartment on the first floor by the sea, a property is offered at a price447,000 euroson the Costa Blanca, with a total area of144 square metersand offers a view of the sea. This apartment is located ontwentieth floorIt has three bedrooms, two bathrooms, and a glazed terrace. Additionally, the apartment has been completely renovated using high-quality materials.

Conditions for active recreation

The residential complex offers its residents excellent conditions for active recreation, including:

• Covered parking spaces
• Tennis court
• Access to the shared pool

This all contributes to creating a stylish and comfortable lifestyle in one of the most picturesque regions of Spain.

Diving into the fascinating world of real estate, it's worth paying attention to the enticing opportunities from Mercury Group, which open up unique prospects for investment. One such offer is apartments in Benidorm, Spain, available for €650,000. These apartments have an area of 42 m² and include two bedrooms and one bathroom. Additionally, this option provides a chance to obtain a residence permit upon purchase, making the deal particularly attractive. The convenience of purchasing is ensured by online viewings, as well as the possibility of closing the deal remotely. Financing terms range from 3% to 4%.

Benidorm: the perfect blend of styles

Benidorm is a city where modern architectural solutions beautifully blend with traditional Mediterranean style, turning the sea views and the sound of waves into a harmonious environment. A new residential complex, standing 44 stories tall, will become a true architectural icon on the coast, attracting attention with its beauty. This project will not only enhance the urban landscape but will also find its place in history as the tallest building on the beachfront.

Costa Blanca: an opportunity for relaxation and living

An equally enticing option is the apartments on the Costa Blanca from SpainLuxInvest. These apartments can be purchased for €307,000, with a total area of 94 m² and two bedrooms. This region is known for its excellent natural conditions—mild climate and pristine beaches—making these apartments ideal for both vacationing and permanent living.

Luxurious offers from Mercury Group

Another interesting offer from Mercury Group in Benidorm is a magnificent 138 m² apartment priced at €830,000. These apartments include three bedrooms and two bathrooms. The purchasing process also allows for the possibility of obtaining a residence permit and enables payment in rubles. They are located right on the coast and boast extraordinary views of the Mediterranean Sea.

Penthouses in Villajoyosa

The next step is Villajoyosa, where you can consider a penthouse priced at €235,000, with an area of 69 m². This option includes three bedrooms and two bathrooms, creating comfortable living conditions. Villajoyosa, located in the province of Alicante, is known for its sunny climate and clean beaches, making it a popular place to live.

Estepona: spacious options

For those looking for more spacious options, we would like to draw attention to penthouses in Estepona, with prices starting from €730,000 for 269 m² to €659,000 for 135 m². These offers also provide the opportunity to apply for residency and conduct online viewings, which significantly simplifies the process.

Fuengirola: promising locations

Fuengirola offers other interesting options, such as a 90 m² penthouse for €299,000, making this area attractive for long-term living. Spacious apartments on Playa de San Juan, listed for sale at €264,000 with an area of 74 m², are currently under construction. This residential complex is actively developing, and Playa de San Juan has been awarded the Blue Flag, confirming high quality standards.

Suggestions in Tenerife

In Adeje, Tenerife, there are also attractive offers: for example, apartments priced at €235,000 with an area of 58 m². A new residential complex, designed in a modern style, was built in the center of Adeje in 2023 and includes 48 apartments with 2-3 bedrooms.

Quality apartment finishing

Ordering high-quality finishes for an apartment can encompass a variety of elements, including ceramic floors and aluminum structures.

Apartment in Barcelona

In Barcelona, in the Eixample district, a wonderful apartment is for sale at a price of835,000 euros. Its total area is133 square metersIt features three bedrooms and two bathrooms, as well as a modern kitchen, a spacious living room, and a terrace with a stunning view of the city.

The elegant lobby with sliding doors adds a touch of prestige to the space, while the top-notch finishes make it unique. This bright and cozy place is perfect for comfortable living.

Apartments in Estepona

In addition, there are apartments for sale in Estepona, Spain, at a price567,000 eurosThese apartments, located on the ground floor, have an area of141 square metersand consist of two bedrooms, two bathrooms, and one toilet.

The western orientation provides a magnificent view. Owners will be able to enjoy a communal pool, as well as have their own garage for one car and a small garden. The total area of the property includes46 square metersuseful area and94 square metersliving space.

Apartments in Denia

Another interesting option is apartments in Denia, Spain, priced at286,000 eurosTheir area is79 square metersIt includes three bedrooms and two bathrooms.

The option for online viewings and payments in rubles makes the purchasing process simpler and more convenient.

Advantages of living in Spain

One should not forget about the location and the opportunity to enrich their life with the sea climate and beautiful landscapes of Spain. Another attractive offer is the sale of a penthouse in Estepona, with an area reaching153 square metersits cost is899,000 euros.

This house features five bedrooms and four bathrooms, as well as three additional toilets, making it perfect for a large family or those who frequently host guests.

Documents for purchasing real estate

To successfully purchase real estate in Spain, you will need to prepare a specific set of documents. Typically, the standard list includes:

• A valid foreign passport and its copies.
• A certificate from the workplace for individuals, containing information about income, signed by management and stamped with the company's seal.
• For legal entities - a financial condition report for the last two years and information about personal income.
• Tax declaration and a certificate indicating the position, salary amount, and work experience.

Additional requirements

It will also be necessary to conclude a preliminary booking agreement for the property between the buyer and the seller, as well as to provide a bank statement reflecting the cash flow for the past year. This document can be issued for both Russian and foreign accounts.

In addition, business owners will need to provide registration documents and an extract from the Unified State Register of Legal Entities, while non-residents will need to provide an identification number.

Translation and notarization

It is important to remember that all documents must be translated into Spanish and notarized. If the buyer has previously had a loan in Spain, this information will be available in the banking system, which means that providing a credit history will not be necessary.

Having a property ownership certificate for another property can be a significant factor. For Spanish banks, it doesn't matter whether this property is located within the EU or in Russia, which simplifies the purchasing process for international clients.

Conclusion

Having prepared all the necessary materials, one can confidently move towards acquiring real estate in sunny Spain.

Mortgage conditions in Spain

Typical mortgage conditions in Spain are determined by a number of key factors, among which important aspects include the currency of the loan, the maximum available loan amount, interest rates, repayment terms, and the borrower's age. Usually, credit transactions are conducted in euros, and the loan can amount to up to60%from the appraised value of real estate.

The deadlines for repaying the debt vary from10 to 20 years...and the age range of borrowers varies from...20 to 60 years oldThe interest rates offered by financial institutions are within3-6%annual, which makes mortgage lending accessible to a wide range of citizens.

Early repayment of the loan

Interested parties can take advantage of the early repayment option; however, in this case, they may encounter certain challenges.finesThe size of such sanctions often varies from0.5% to 2.5%The amount to be refunded depends on the individual conditions of each bank. It is worth noting that the maximum loan term for foreign citizens usually ranges from20 to 25 years old...while for Spaniards this period can extend up to...40 years.

Long-term loans are of interest to financial institutions because they guarantee a stable income stream, while also allowing clients to reduce their monthly payment amounts.

Types of interest rates

Credit agreements often contain a clause about the possibility of early repayment; however, some banks may impose restrictions, prohibiting their clients from settling the debt within the first five years. It should also be noted that non-residents are usually offered fixed interest rates, which reduces risks for banks.

There are three main types of interest rates for mortgage loans in Spain:

• Fixed rate– this means that the amount of the monthly payment remains unchanged throughout the entire loan term. Foreign borrowers are usually offered such terms with interest rates within3-4%annual.
• Floating rate- this option shares the risks between the borrower and the bank, as the rate depends on the indexEURIBORwhich reflects the average conditions for interbank loans.
• Mixed rate- Initially, the borrower pays off the loan at a fixed rate, and then there is a transition to a floating rate. This option can be beneficial for those who plan to pay off their mortgage more quickly.

Available real estate options

When it comes to real estate, there are many attractive options in Spain. Let's take a look at a few examples of private homes.

• A house near Costa DoradaThe price is 304,000 euros, with an area of 150 square meters. This cozy property includes 4 rooms, and its distinctive features are the presence of a pool and a barbecue area. It is located just1.2 km from the seaand offers a magnificent view. Inside, there is a spacious living room with a fireplace, 3 bedrooms, a kitchen, and 2 bathrooms.
• House on the Costa BravaThe price is 250,000 euros, the area is 115 square meters, and it also includes a pool. The convenient layout includes 3 bedrooms, a kitchen, a living room, and 2 bathrooms. The plot on which the house stands occupies900 square metersproviding numerous opportunities for recreation.
• Villa in Sierra CortinaA unique property for 2,450,000 euros, with an area of 655 square meters. This property is available for a mortgage, offering a rate in the range of3-4.5%The described villa offers stunning sea views and provides ample opportunities for comfortable living.

Thus, the mortgage market in Spain offers a variety of conditions, allowing everyone to find the most suitable housing option for themselves.

Description of a luxurious house

This impressive residence features a spacious entertaining area that flows into a modern kitchen and dining nook. The interior includes five comfortable bedrooms and six bathrooms, as well as access to a basement and several outdoor terraces. The rooftop boasts a solarium offering stunning views of the sea and majestic mountains. For convenience, the house is equipped with an elevator that accommodates six people. The land area is quite substantial, making this offer extremely attractive.

Chalet in Altea

A beautiful chalet is for sale in Altea, Spain, at a price2,600,000 €...with the buyer entitled to a residence permit. A charming house on the Costa del Sol, valued at...1,450,000 €It stands out for its comfort and sprawling single-level layout, located in a gated and secure complex called El Paraíso.

Proximity to infrastructure

The property is located in close proximity to:

• beaches
• various restaurants
• stores
• other necessary infrastructure objects

Upon entering the house, you are greeted by a hallway that smoothly transitions into a bright and cozy living room with a fireplace. The kitchen is fully equipped and also includes a breakfast area. The master bedroom is connected to the bathroom, while two guest bedrooms also have their own bathrooms for added privacy.

Villas on the Costa del Sol

In other areas of the Costa del Sol, housing is available with an area of200 square metersat the price410,000 €Located in a gated and secure complex consisting of 27 luxury villas, each of these cozy properties can have between three to five bedrooms, offering stunning views of the golf courses and the Mediterranean Sea. The complex is conveniently situated near the Sotogrande port and renowned golf clubs such as La Reserva and La Cañada Golf, making it appealing to golf enthusiasts.

Villa on the Costa Dorada

A property located on a plot is on the market in Costa Dorada.3900 m²villa with an area468 m²and cost2,900,000 €There are three different zones with separate entrances. This luxurious complex features unique amenities:

• private tennis court with new surface
• viewing platform
• a large pool size25 meters longand12 in widthwith six tracks
• a purification system based on sea salt

The villa includes six bedrooms and four bathrooms, making it an ideal option for comfortable living and relaxation.

Luxurious villa in San Miguel de Salinas

In addition, an extravagant villa is for sale in San Miguel de Salinas, covering an area of140 square metersfor730,000 €with the possibility of obtaining a residence permit. This modern residential complex includes six exclusive individual villas, each with a unique location and offering incredible views of the golf course. The design of each villa has been carefully thought out to maximize sunlight and ensure a perfect blend with the surrounding landscape.

Villas in Lo-Pagan

In Lo-Pagan, villas are also offered at a price.225,000 €with an area85 square metersEach of these cozy structures features:

• two bedrooms
• with two bathrooms
• spaciously furnished living room
• kitchen space

There is a terrace and a garden with a pool set up outdoors. The complex is located in close proximity to the beach and all necessary amenities, such as bars, restaurants, and supermarkets.

Villa in Los Montesinos

In Los Montesinos, Spain, you can find a villa for285,000 €, occupying99 m²This residential complex consists of32 two-family villaseach of which has two floors.

Each villa has its own plot of land measuring approximately150 square metersand high-quality finishes. Among the amenities:

• tanning salon
• bathtub screens;
• a well-maintained garden with artificial grass and landscaping elements;
• installation for solar panels.

House in San Pedro del Pinatar

Another attractive option is a house in San Pedro del Pinatar, which is priced at379,000 €The living space of this house is137 m²and includes5 bedroomsand4 bathroomsFor more detailed information, I recommend reaching out to the representatives of Habita, who are involved in real estate sales in this region.

A separate villa on the Costa Blanca

On the Costa Blanca coast, you can purchase a separate villa for800,000 €. It occupies an area245 m²It is located just 100 meters from the sea. Cabo Roig is a picturesque spot on the southern coast of Orihuela, famous for its beautiful beaches and unique architecture.

Inside the villa, there are three bedrooms, and it is perfect for comfortable living.

Villa in Santiago de la Ribera

Among the options, there is also a villa in Santiago de la Ribera, which costs419,900 €Its area reaches200 square metersincluding4 bedroomsand3 bathrooms.

This comfortable villa is located right on the shore of Mar Menor in a popular resort town. Despite its modern style, it retains a special atmosphere.

The beautiful waterfront, adorned with palm trees, and the picturesque sandy beaches create perfect conditions for relaxation and basic comfort, while also offering opportunities for active sports.

House in Torrevieja

Another interesting property is a house in Torrevieja with a price.349,000 €The total area of this housing is174 m²in it5 bedroomsand4 bathrooms.

This house is located in a sought-after area of Torrevieja, just 500 meters from the famous La Mata beach. Here you will find modern amenities, including:

• spacious kitchen;
• a cozy living room;
• a terrace with a magnificent view of the greenery and the sea.

There are additional rooms in the basement, such as a laundry room and a sauna. The plot is in153 m²It offers the opportunity to enjoy a pool, jacuzzi, and parking spaces. All the necessary infrastructure is located very close by.

Luxurious villa in Estepona

It is also worth mentioning the luxurious villa in Estepona with its price.14,100,000 €She occupies a significant amount of space.1349 m²and includes5 bedroomsand4 bathrooms.

This living space offers a variety of amenities for a comfortable stay. Additionally, there is a villa in Torrevieja for...1,595,000 €, with an area of163 m²with5 bedroomsand4 bathrooms...which makes it an excellent choice for living by the sea.

The pleasant Mediterranean climate with hot summers and mild winters creates favorable living conditions.

Active lifestyle in Torrevieja

Torrevieja is perfect for those who appreciate an active lifestyle in a warm climate.

Investment opportunities in Spain

In Spain, there are various attractive investment opportunities in real estate, among which stands out a villa priced at 910,000 euros. It has an area of 250 square meters and includes 4 bedrooms with 3 bathrooms. By purchasing this villa, you gain the opportunity to obtain a residence permit, and the transaction can be completed online, which greatly simplifies the process. Additionally, payment may be made in rubles, making the purchase more accessible for Russian citizens.

Real estate in Tenerife

On Tenerife, you can also consider the option of buying a house for €349,000, with a total area of 81 square meters. This cozy home offers a spacious living room, a kitchen, and three bedrooms, two of which are designed as apartments. The house has two bathrooms and is sold fully furnished.

The plot of 225 square meters includes:

• cozy garden;
• barbecue area;
• private heated pool.

Air conditioners and the security system add to the appeal of this property.

Chalet in Madrid

In the capital of Spain, Madrid, a chalet is available for 1,200,000 euros, covering an area of 465 square meters. This amazing offer is located in one of the city's most prestigious private complexes, where all necessary amenities are available. The area features both private and public schools, universities, as well as large shopping centers with a variety of services.

This is the perfect choice for those who value privacy and tranquility, as you can enjoy life in a picturesque setting here.

Real estate on the Costa Blanca

On the Costa Blanca coast, a unique villa is offered for 695,000 euros, with an area of 206 square meters and including 5 bedrooms. This is the perfect opportunity for those seeking a combination of modernity, functionality, and beauty.

The villa is located in an exclusive residential complex in an elite urbanization situated between Benidorm and Finestrat. The proximity to the sea and the stunning mountain landscapes create amazing living conditions.

Additional expenses when purchasing real estate

When purchasing real estate, it is important to consider additional expenses that you should keep in mind:

• Commission for opening a bank account:1-2% of the loan amount;
• Fixed account maintenance fee:about 30 euros quarterly;
• Assessment of the market value of the property:It may cost around 300 euros.
• Verification of registration data:about 25 euros;
• Borrower's life insurance:about 90 euros per quarter;
• Property insurance:It can amount to about 30 euros per month for the entire loan term.

The mortgage application process

The mortgage application process can take anywhere from 2 to 5 weeks, depending on the complexity of the case. Both the borrower and their legal representative can apply for the loan. Providing evidence of additional income or property in other countries can significantly simplify and speed up the loan approval process, which will positively impact the outcome of the deal.

Conclusion

In the end, investing in Spanish real estate can be a successful decision that opens up new opportunities for you.

Conclusion

In conclusion, it can be confidently stated that the mortgage lending market in Spain offers numerous opportunities for foreigners, including Russian-speaking buyers. Despite the challenges faced by the country due to the economic crisis, most financial institutions approach applications from foreign borrowers with care and willingness. Foreigners looking to establish their presence in the Spanish real estate market can expect favorable conditions if they provide the necessary documents and prove their financial stability.

Key aspects of mortgage lending

It is important to note that understanding the specifics of mortgage lending can significantly simplify the process. Familiarity with current bank requirements and an understanding of the market situation provide buyers with additional advantages.

• Liquidity of the asset:Understanding the importance of real estate liquidity will help avoid difficulties in the future.
• Confirmation of financial capability:The bank requires convincing proof of your income and assets.

Prospects for foreign buyers

So, interest in Spanish real estate continues to grow, and each year there are more opportunities for foreign investors. Spain, with its mild climate, rich culture, and attractive resorts, remains a desirable location for purchasing property.

Therefore, if you have decided to make your dream of owning a home by the sea a reality, don't miss the opportunity — explore the offers and reach out to financial institutions that can help you navigate all the steps from obtaining a loan to purchasing property. Remember that making the right decisions regarding mortgage lending and choosing a property is the key to a successful investment, which will not only strengthen your financial position but also provide you with a new space for living and relaxation.