It is possible to seek financing from Spanish banks.

For any purchase of an apartment, a villa, plot of land or a business with the purchase of the walls, you can be given a property loan in Spain, taken out with a national or regional bank. As a Spanish non-resident, you will obtain up to 80% of the amount of your property investment.

Characteristics of the mortgage loan :

If a mortgage loan is used to buy a villa or an apartment in Spain, the mechanism is as follows :
mortgage loan application from the bank,
estimate of the value of the property by a specialized organization appointed by the bank (tasacion).
The bank lends up to 80 % of the value of the property.
The mortgage loan is granted for a maximum duration of 25 years for non-residents.

Fees for acquisition of real estate with a mortgage :

If it is a property being resold (second hand)

Tax on the transfer of ownership : 7%
Notary, register, management : 1500 euros
Banking file fees : 1.25%
Fees for registering the mortgage : approximately 2.5% (notary, register, management)

If it is a new property

IVA in % of the price of the property : 7%
Notary, register, management : 1500 euros
Banking file fees : 1.25%
Fees for registering the mortgage : approximately 2.5% (notary, register, management)

*The prices of properties posted up in an agency, in the window, in a promotion are always pre-tax (IVA) and do not include fees for transfer, acquisition and notary.