Non-residents can access a loan amount between 100,000 and 2,900,000 EUR
Non-residents can access a loan amount between 100,000 and 2,900,000 EUR

HolaBank mortgage: everything you need to know

CaixaBank will provide a maximum of 70% financing, which means you must cover a 30% contribution. Learn everything you need to know about the Caixa HolaBank mortgage. Discover the bank's features and find out which documents are required for non-residents.

Delia Mihuț
Written by: Delia Mihuț
Published at 2023-09-11
Last updated on 2024-06-11
Readtime 4 minutes

CaixaBank ranks among the most competitive banks in Spain for non-residents and foreigners seeking mortgages. If you're considering the Holabank mortgage, continue reading to learn about the features and necessary documentation.

Bear in mind that interest rates can vary, so it's crucial to negotiate the best terms. 

Fortunately, Homevest can assist you in comparing offers, ensuring you make the best choice for your financial circumstances. 

Caixa HolaBank mortgage features

HolaBank mortgage is specifically designed for international customers. 

Non-residents can access a loan amount between 100,000 and 2,900,000 EUR, with a fixed or variable rate, depending on the currency in which they receive their income.

Fixed and variable rate

If your income is in euros, you can opt for a fixed-rate mortgage where the installment amount remains consistent. If your income is in GBP, USD, CAD, CHF, NOK, SEK, or DKK, you can choose between a fixed-rate mortgage in your currency or a mortgage with a fixed or variable rate in euros, which can be converted to your currency.

In addition to the seven currencies mentioned, CaixaBank offers the same features to those who earn income in BGN, CZK, HUF, PLN, and RON.

Mortgage rates

According to a Homevest comparisonCaixaBank is one of the Spanish banks that provides the best deals

Below, you will see a significant variance between the highest and lowest offers, which indicates that negotiating with the bank can often be beneficial. 

Caixa HolaBank mortgage
Lowest offer
Median offer
Highest offer
Caixa HolaBank mortgage
Lowest offer
Median offer
Highest offer

The comparison was made based on Homevest customers' offers during the summer of 2023. 

To make the offers comparable, Homevest has calculated the effective interest rate over the mortgage term. This calculation allows for the comparison of variable-rate and fixed-rate mortgages, and it also accounts for promotional offers that lower the interest rate for the first few years. The effective interest rate is similar to the APRC, but does not include taxes and fees associated with the mortgage. 

A Homevest customer, an American living in the UK, received a preliminary offer within seven days. They acquired a property in Madrid valued at 1,730,000 EUR through HolaBank. For this purchase, CaixaBank granted them a mortgage of 1,384,000 EUR, based on a variable interest rate of 0.3% plus the 12-month Euribor, over 20 years.

Repayment terms

Based on the offer, the mortgage can have a term of up to 20 years, provided that the youngest owner is not older than 75 years at maturity. However, you should know that if your primary currency is NOK, the maximum term is limited to 15 years. 

You have the option of selecting the standard installment or the discounted installment. With the latter, you can reduce the interest rate by up to 1%, based on the products you choose and maintain for the duration of the mortgage loan.

How do you apply for a Caixa HolaBank mortgage as a non-resident?

To apply for a Caixa HolaBank mortgage as a non-resident, you'll need to prepare the following documents:

  • Passport
  • Tax Identification Number (NIE)
  • Your most recent three salary slips
  • Your latest tax return
  • Credit Report 
  • Purchase agreement (Contrato de arras)

The bank accepts documents in English, German, and French, so you don't need to worry about having them translated into Spanish.

CaixaBank will provide a maximum of 70% financing, which means you must cover a 30% contribution. 

Process: what should you expect 


Once you've submitted your application and provided the required documentation, you can anticipate a response from the bank within 72 hours. 

By the way, through the Homevest digital platform, you can upload the necessary documents and send them directly to CaixaBank. This simplifies the process and allows you to concentrate on evaluating the offer. 


CaixaBank will evaluate your situation using your specific documents. After the review, the bank asks for property appraisal and will notify you about the mortgage decision. 

Reflection period

After being informed of your mortgage approval, you'll be required to sign the preliminary documents, including the European Standardised Information Sheet (ESIS) and the Standardised Warning Sheet, along with their annexes that detail your mortgage terms. 

Once signed, a 10-day reflection period starts, allowing you to seek clarifications from your selected notary.

Signing the deed

After the reflection period, you can sign the mortgage in person. The notary, your HolaBank manager, and a company representative will attend. Days following the signing, CaixaBank will send you the sale deeds and your mortgage.

Costs associated with Caixa HolaBank mortgage

The total costs of a mortgage you will need to pay, excluding any discounts, include:

  • the interest over its duration
  • property damage insurance fees
  • account maintenance costs
  • property valuation charges 

It’s worth mentioning that if you take out a HolaBank mortgage, CaixaBank will cover the property valuation fee. 

All other mortgage-related expenses, including Land Registry summaries, registration, agency fees, and Inland Revenue (AJD) tax, will be assumed by CaixaBank.

Compare mortgage offers with Homevest to make an informed decision

Homevest offers access to top non-resident banks in Spain on a single platform. By uploading all the necessary documents for a mortgage once, you can access a range of offers from the leading banks in Spain, including CaixaBank, Santander, Sabadell, Unicaja, Cajasur, Cajamar, BankInter, and UCI.

And there you have everything you need to know about HolaBank Mortgage. We’ve covered it all, from features to fees. 

Sources used and checked in September 2023:

  1. The HolaBank guide

We recommend obtaining professional or specialist advice before taking or refraining from any action based on the content in this article. The information in this article does not constitute legal, tax, or other professional advice from Homevest Limited. Prior results do not guarantee a similar outcome. We make no representations, warranties, or guarantees, whether express or implied, that the content in this article is accurate, complete, or up to date.

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