Spanish mortgage guide

Navigating property finance on the Costa del Sol. Whether you are a British expat, holiday home buyer, or foreign investor, Sol Finance Partners provides clear, impartial guidance across Marbella and southern Spain.

Borrowing limits and deposit realities

For non-Spanish residents, local lenders strictly cap borrowing at a maximum of 70% Loan to Value (LTV). This requires buyers to prepare a minimum deposit of 30% of the purchase price. In addition, closing costs such as property transfer taxes, notary fees, and registry charges typically reach up to 12% of the purchase price, meaning liquid capital planning is vital from day one.

Affordability and net income criteria

Spanish banks assess financial capability differently than lenders in the UK or other international markets. Affordability calculations are strictly derived from your net monthly income after tax and existing financial obligations. Lenders generally require that your total debt commitments, including your new Spanish mortgage, do not exceed 30% to 35% of your documented net earnings.

The advantage of independent representation

Working directly with an independent broker in Marbella unlocks the most competitive lending rates and bespoke financing structures across multiple premier banks. Once you are ready to explore your options, we invite you to book a complimentary no-obligation telephone consultation with Sol Finance Partners to review your borrowing potential.