Regardless of citizenship and residency, apply for a mortgage at low interest rates with SBL.
You can apply for a mortgage in Spain in much the same way as you would do in another country. Requirements vary depending on the bank and the country of residency of the client, but generally non-residents may obtain funding of between 50% and 70% of the appraised value or sales price.
As per data released by Spain\’s National Estatistics Institute (INE), this is the most relevant information on mortgages formalized in Spain during January 2019:
2.57%
Average interest rate
3.09%
Average interest rate (fixed-rate mortgages)
2.32%
Average interest rate (variable-rate mortgages)
36,832
Number of mortgage loans issued
121,036
Average loan amount (euros)
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