Spain offers loans to both legal and other persons, both residents and nonresidents. Conditions for obtaining a mortgage loan:
Provision Contract or lien on property in Spain you get.
A declaration of income PIT 2 for the previous year and the last period of the year. Some banks may also require a declaration of income PIT 3 for the same period.
Statement / Statement of bank accounts / open personal accounts in their own country or other countries, indicating the movement in the last 6-12 months. References are intended to show that money to the account / accounts are received regularly.
Letter from employer on company letterhead indicating the position, salary, working hours in the company, with the signature of the head and chief accountant and the seal of the company.
In the case of having your own business registration certificate of the company and the relevant pages of the document, it says that you are the owner or co-owner is given.
Foreigner identification number (NIE), which is made on the ground in Spain.
Legal and valid passport.
The translation of all documents should be made compulsory in the following ways:
The Consulate of Spain in the country of residence of the applicant.
Official translator in the country of residence of the applicant. This translation requires notarization and apostille.
Sworn translator (certified translator) in Spain. This shape is the simplest and most popular. We assist our clients in preparing documents and their translation into Spanish
Mortgages in Spain are usually issued for 5-30 years, depending on the age of the applicant. For people who are not citizens or residents of Spain or the European Union, the amount of the mortgage at the time is not more than 60% of the appraised value of the purchased property or the purchase price, shown in “Scripture” (deed).
Interest rates on mortgages currently fluctuate around 3.5 to 4.8% per year, fixed – at the level of 5.5-7%.