Spanish Mortgage: Advice for Foreign Buyers

Once you have decided to invest in San Sebastian real estate, it is advisable to start applying for a foreign mortgage early on, so as to have everything ready in time.

San Sebastian

Before applying for a Spanish mortgage you need to ensure you have the following documents:

  • Resale Properties: Property deeds of current owner.
  • New Building: Declaration deed from developer.
  • Valid Passport, residence permit or Spanish ID card (NIE)
  • Your last three bank statements (account statement for last three years if you are self-employed)
  • Spanish tax declaration for the last financial year (P60 form in UK) or if you are self-employed; tax slip for the last two years.
  • Your last three salary slips.

International Banks with Spanish Mortgages

Many international banks now offer special foreign mortgages which are specifically catered to the Spanish housing market and deal with every aspect of translation, lawyers and insurance. Some of the most reputable international banks are the following:


Banco Santander (Also known as Abbey)

Deutsche Bank

Lloyds TSB