Spain has always been a popular destination for people retiring. However in recent years, more people are moving to Spain to live and work. Spain has all the advantages you could want for living– the all year round great climate, a healthy and relaxed lifestyle and of course the fresh food! It has been estimated that this year alone will see 50,000 British move to Spain permanently. And why not? Only a short journey away from home and you can enjoy a more exciting, relaxed and laid back lifestyle. With numerous top class golf courses, miles of beautiful sandy beaches along the Mediterranean coast, and for the winter don’t forget the ski resort of Sierra Nevada only a short drive from Costa del Sol and Costa Blanca, Spain has something for everybody to enjoy all year round! Capital Financial Partners have four locations along the Spanish coasts, so wherever you are thinking of buying we are always nearby to offer our financial advice and services tailored to your individual needs. We work closely with all major Spanish banks and have a huge range of mortgage products available for you to finance your dream home!

Apply NOW  to find out how much you qualify for in Spain.

Buying Guide

Buying a foreign property can be a daunting decision whether it is your first time or not, and so it is important that you take the time to research and plan to ensure that it is feasible, and that you are making the right investment choice.

Mortgage Guide

Mortgages at a glance:

CFP Mortgages in Spain:

We have a number of popular mortgages in Spain, with our Product manager and Spanish Financial Advisors constantly in contact with the various lenders to secure new deals, and get new and better rates for our customers.

Qualification:

Qualification for a mortgage can vary from bank to bank. Generally qualification is dependant on your ability to repay your mortgage and debts at home, as well as your mortgage in Spain. The figure used is usually expressed as a % of your combined net take home pay. Eg. In Spain this is 35% - 40% of your net take home pay. Please note however that some banks are more flexible than others.

Mortgage Costs:

All mortgages have associated costs, for Spain these costs are:
Opening Fee: between 1% and 1.5% of loan amount
Stamp Duty: 2% of valuation
Notary: 0.5% of loan amount
Valuation Fee: 1/1000 of value of property
Transfer tax: 7%

Documentation:

When applying for a mortgage it is important that you have specific documentation to support your application and prove that you are elegible for a mortgage. The  required documentaton  is necessary, but may vary depending on the lender and the type of mortgage you are applying for. 

Note: All facts and figures may vary depending on individual circumstances.