Non-residents, both individuals and companies, can apply for and obtain mortgages in Spain to purchase properties. Our team of experts will assess your financial profile and recommend the bank that best suits your financing needs.

Yes, this is possible but will depend on your specific circumstances. We assist non-resident clients in obtaining financing under the conditions offered to residents. Our goal is to ensure that our clients secure the most favorable terms and conditions.

• Passport/ID/NIE
• Proof of income / Last 3 payslips
• Credit report and debt status from your country of tax residence
• Recent receipts for loans and outstanding debts

If you do not have all the necessary documents, our expert team will do everything possible to adapt the process flow to your personal situation.
We will guide you throughout the process and, if possible, find an alternative solution.

In Spain, non-residents can access mortgage financing of up to 60-70% of the property’s value (Loan-to-Value, LTV).
In contrast, if you are a tax resident in Spain, banks typically offer financing for up to 80% of the property’s value, providing greater leverage potential.

Yes, having a Foreign Identification Number (NIE) is mandatory to obtain a mortgage in Spain. The NIE is a personal, unique, and exclusive number assigned to foreigners who engage in economic, professional, or social activities in Spain. This number is essential for conducting any financial transaction in the country, including applying for a mortgage.
When applying for a mortgage, financial institutions require a copy of your passport or NIE, among other documents. This requirement is essential to identify the applicant and comply with current legal regulations.
Therefore, if you are a non-resident and wish to obtain a mortgage in Spain, you must first apply for your NIE to proceed with the transaction.

A property valuation is an official assessment of a property’s value conducted by an authorized technician registered with the Bank of Spain.
It is necessary for the bank to compare the purchase price with the property’s value and determine the loan amount they can offer (“Loan-to-Value”).
In most cases, the cost of the valuation is paid by the client and varies depending on the type of property, although some financial institutions may cover it. At Hoteland, we advise you on the ideal time to conduct the valuation and manage the entire process with the most suitable valuers to ensure a fast and efficient procedure.

Yes, it is possible to start the process without a Spanish bank account. However, once the bank provides the mortgage offer, we will assist you in opening an account to manage your mortgage payments.
In some cases, we can even complete this process remotely.

Since the implementation of Law 5/2019 of March 15 (LCCI), banks in Spain cover the costs of formalizing the mortgage, including notary, registration, and administrative fees. The only mortgage-related cost the client must pay is the property valuation.
Additionally, there are other costs associated with the property purchase, such as:
• Notary fees
• Registration fees
• Taxes, such as ITP (Property Transfer Tax) or VAT, depending on the type of property

Our team can provide a personalized estimate to help you understand the approximate amounts and plan your investment more effectively.

At Hoteland Investment, we offer an initial evaluation free of charge and operate on a success-based model. We charge a commission of 1% of the loan amount, with a minimum fee of €2,500, which is always VAT-exempt.
If we do not successfully obtain the mortgage, no fees will be charged. Our commitment is to provide a highly professional, transparent, and risk-free service for our clients.

Yes, early repayment is possible, but banks generally charge a commission on the amount repaid when the mortgage is settled before its term. We will explain this process in more detail to help you develop an optimal financial strategy.

No, taking out life insurance is not mandatory and is not part of the process to obtain a mortgage in Spain. However, some financial institutions may offer it as an optional product to improve loan terms.
The only mandatory insurance is home insurance, which must cover at least the basic risks of the mortgaged property.
At Hoteland, we can advise you on additional products available and recommend procedures tailored to your needs, always prioritizing your interests.

Having a life insurance is not mandatory nor a part of obtaining a mortgage. The only required insurance is a home insurance. We can advise you on additional products and popular procedures during the process.

Yes, it is entirely possible to apply for a joint mortgage between non-residents, whether spouses, family members, or business partners.At Hoteland, we assist you with managing and submitting all the necessary documentation for both applicants, ensuring an efficient and seamless process.

The process of obtaining a mortgage in Spain typically takes between two and four months, depending on factors such as the speed of document submission, property valuation, and the bank’s internal procedures.
At Hoteland, we work to streamline each step and minimize delays, ensuring a smooth and efficient process.

In general, most banks do not directly finance the purchase of land. However, in self-development projects, some institutions may include part of the land value in the project’s financing.