Eligibility Criteria
What are the minimum deposit requirements when applying for a mortgage in Spain?
Non-residents typically need a minimum deposit of 30% of the property price, although this can vary depending on the intended use of the property.
Spanish citizens living abroad can usually finance up to 80% of the property’s value with a lender, meaning they would need a 20% deposit. Being a foreign expat may allow you to qualify for similar conditions as a local buyer.
Spanish citizens living abroad can usually finance up to 80% of the property’s value with a lender, meaning they would need a 20% deposit. Being a foreign expat may allow you to qualify for similar conditions as a local buyer.