~6 weeks

average time from application
to mortgage approval

Up to 70%

financing available
for non-residents

35+

years of experience on
the Costa del Sol

MORTGAGE GUIDANCE

Mortgages in Spain for non-residents — how we help

Obtaining a mortgage in Spain as a non-resident is more complex than financing a property purchase at home — but it does not have to feel that way. Quantum Realty has direct relationships with the branch managers of Sabadell and CaixaBank, two of Spain's leading mortgage lenders for international buyers. We also work with Habeno, an independent mortgage broker who compares rates across multiple major banks simultaneously.

This means we can guide you to the right financing route for your specific situation — whether that is a direct bank relationship, a competitive broker comparison, or a combination of both. Most buyers on the Costa del Sol are surprised by how straightforward the process is when it is properly guided.

What non-residents can borrow

Non-residents can typically borrow up to 70% of the purchase price or the bank's valuation of the property (whichever is lower). This means you need to plan for a minimum deposit of 30%, plus purchase costs — typically 10–12% of the purchase price in Andalusia, covering IVA or Transfer Tax, notary fees, legal fees and land registry fees.

Interest rates in Spain are available on both fixed and variable terms. Fixed-rate mortgages have become increasingly popular with international buyers seeking certainty over their monthly payments.

WHAT WE OFFER

  • ● Direct access to Sabadell & CaixaBank branch managers
  • ● Multi-bank comparison via Habeno broker
  • ● Pre-approval before you start viewing
  • ● Fixed and variable rate options explained
  • ● Guidance from application to notary signing

OUR ADVICE

Always apply for pre-approval first

Before you start viewing properties, we strongly recommend arranging a mortgage pre-approval. The bank or broker assesses whether financing is feasible — and if so, up to what amount. This gives you three major advantages:

  • ✓You search with certainty — you know exactly what your budget is before you fall in love with a property.
  • ✓You negotiate stronger — sellers know you are serious and that financing is already in place.
  • ✓You save time — once you make an offer, you don't have to start from scratch. The file is ready.

A pre-approval is free and non-binding. Contact us and we will connect you with the right party immediately.

THE PROCESS

From application to key handover

01

Pre-approval

The bank or broker assesses whether financing is feasible and to what amount. You search with a clear, confirmed budget.

02

Documentation

Proof of income, tax returns, bank statements and existing credit commitments. We guide you on exactly what is needed.

03

Formal application

Your file is submitted to the lender — either directly to Sabadell or CaixaBank, or to multiple banks via Habeno.

04

Property valuation

The bank appoints a surveyor to value the property. The loan is calculated against the lower of purchase price or valuation.

05

Mortgage offer

You receive the formal offer with full terms. You have a legally required 10-day reflection period before accepting.

06

Notary signing

The mortgage deed is signed at the notary alongside the purchase deed. You receive the keys. The process is complete.

COMMON QUESTIONS

Frequently asked questions

Around six weeks on average from formal application to approval, though the process can be faster for well-prepared applicants.

A pre-approval is a conditional indication from the bank of how much they are willing to lend you. It does not commit you to borrowing, but it gives you certainty about your budget and makes you a stronger buyer in negotiations.

Spanish banks can assess self-employed applicants and company directors, though the documentation requirements are more detailed. We work regularly with this profile of buyer — contact us to discuss your situation.

Yes. For off-plan purchases, the mortgage is typically arranged to coincide with completion of the property, with stage payments funded by the buyer from personal resources.

Up to 70% of the purchase price or valuation, whichever is lower. You will need at least 30% deposit plus 10–12% purchase costs.

Enquire About Mortgages in Spain

Get in touch to discuss your mortgage options and find out what you could borrow.

Enquire Property

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Our mortgage specialists support buyers purchasing properties across the Costa del Sol. Whether you are looking at homes in Marbella, Mijas, La Cala de Mijas, El Chaparral, Mijas Costa, Estepona, Benalmádena, Fuengirola and Torremolinos, our team can help you explore the most suitable financing options available to you.