Frequently asked questions about property financing in Spain

A mortgage brokerage firm based in Valencia, accredited by the Banco de España, specialising in supporting international buyers in Spain.

Yes. Alveo Finance is officially registered with and accredited by the Banco de España, a guarantee of regulatory compliance and transparency in all our practices.

The first video call is free and without obligation. After that, a €500 processing fee, charged only once your application has been pre-approved, then a success fee: 1.15% of the amount financed, with a minimum of €3,490, payable when you accept the loan offer.

Calle Purísima 5, 33, in Valencia. We work throughout Spain, including the Balearic and Canary Islands.

In October 2026, fixed rates range from 2.8% to 3.5% depending on the term and the profile. Thanks to our preferential agreements, our clients obtain up to -0.3 pt compared with the standard offer.

A fixed rate secures your monthly payment, a variable rate follows the Euribor and a mixed rate combines the two. The right choice depends on how long you plan to keep the property and on your risk tolerance; our comparison tool points you in the right direction in 30 seconds.

Allow around 20% of the price for a resident and 30% to 40% for a non-resident, plus purchase costs (7% to 12% depending on the region).

Yes, and we recommend it. We assess your borrowing capacity and the feasibility of your application upfront: you know what budget to aim for and you negotiate with the seller from a position of strength.

Up to 30 years at most banks, with an age limit generally set at 75 at the end of the loan.

Yes. Early repayment penalties are strictly regulated by Spanish law (Ley 5/2019) and can often be negotiated down.

Yes. Spanish banks lend to non-residents, up to 75% of the purchase price (up to 80-90% for a resident). We structure your application to maximise your chances and your terms.

You can, but it will usually ask for a guarantee on a property in your home country or a pledge on your savings. A Spanish bank takes a mortgage directly on the property you are buying. We compare both options with you during the first call, free of charge.

You will generally need a personal deposit of 30% to 40% of the property price, excluding purchase costs. Some banks go lower for very strong profiles.

Yes, provided you supply a translation and a suitable presentation of your proof of income. Our network of multilingual bankers reviews international profiles directly, with no intermediary.

The NIE is essential for any property transaction in Spain, including opening a loan application. Apply for it at the very start of your project.

We work with clients of many nationalities, with particular expertise in French-speaking and English-speaking profiles: France, Belgium, Switzerland, Luxembourg, Andorra, Quebec, UK, USA, Australia.

ID and NIE, proof of income (payslips or financial statements), tax assessments, bank statements and the preliminary sale agreement. We give you a personalised checklist.

Allow 4 to 8 weeks in general between the first simulation and the bank's firm approval.

It is the official valuation of the property, carried out by an approved valuer and required for any mortgage. We order and coordinate it for you.

The arras contract is the Spanish preliminary sale agreement, with an upfront payment of around 10%. It binds both parties; we make sure it is drafted correctly and its deadlines are secure.

ITP (6% to 10% depending on the region) or VAT on new builds, plus notary and land registry fees (~1.5%). In total, allow 8% to 12% of the property price.

The property transfer tax, due on any purchase of a resale property. Its rate varies by autonomous community: 6% in Madrid and 10% in the Valencian Community, for example.

Rental income is subject to IRNR. EU residents can deduct expenses; outside the EU, tax is charged on gross income. Our tax lawyer will advise you.

Banks require home insurance. Life insurance is not mandatory, but it often earns a rate discount; we work out whether the trade-off is really worth it.

Only to review and manage your application, and to pass it on to the relevant partner banks. It is never sold to third parties. Details in our privacy policy.

A fast, secure way to verify your bank account online, in read-only mode. We never access your login details: the technology used meets the standards of the largest financial institutions.

Write to us at the address given in our legal notice: access, rectification, erasure, portability. You can also contact the AEPD or the supervisory authority in your country of residence.