What is a Non-resident mortgage in Spain?
For residents in any country other than Spain, the purpose of the loan must be a second residence or holiday home.
How can I qualify?
This is for people not in possession of a Spanish residency card or certificate and who are not subject to the Spanish tax system for the past 2 years or longer).
What are the mortgage terms?
- Maximum LTV 70%-80%
- Max term 30-40 years
- Max age 75
- Rate Euribor plus 0.6%- 1.5%
- Max interest only term 30- 40 years