Foreign Mortgage in Spain

Once you have decided on investing in a property in Cadiz it is advisable to start applying for a foreign mortgage early on, so as to have everything ready in time. The number of foreign buyers in Spain means that there are a wide range of Foreign Mortgages available from local Spanish and International Banks.

Before applying for a foreign mortgage you need to ensure you havce the following documents:

  • Valid Passport, residence permit or Spanish ID card (NIE)
  • Your last three salary slips.
  • 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.
  • Resale Properties: Property deeds of current owner.
  • New Building: Declaration deed from developer.

International Banks with Spanish Mortgages woman

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)


Lloyds TSB

Deutsche Bank