You are in the EU and the euro. That removes two of the obstacles others hit.
An Irish buyer arrives in Spain in a stronger position than a British or American one — and it is worth being explicit about why, because it changes what you have to plan around and what you can simply ignore.
Two obstacles you do not have
- No 90-day clock. As an EU citizen you are not bound by the Schengen 90-in-180 limit that now constrains British owners after Brexit. You can spend as long at the property as you like, which also removes the tax-residency guesswork that trips up UK buyers counting days.
- Income already in euros. A Spanish lender assessing a salary in US dollars or Swedish krona applies a currency buffer that shrinks your borrowing capacity. An Irish euro income is read at face value — no haircut, no exchange-rate margin. On the same salary, an Irish file simply supports a larger loan than a non-euro one.
Your Irish bank still will not fund a Spanish house
AIB or Bank of Ireland secures a mortgage against Irish property under Irish law; a house in Marbella or on the Costa Blanca lies outside that, so the home bank will not take it as security. That obstacle is universal — it applies to every nationality, Irish included. What changes is only which bank handles the home leg: if you want to raise part of the cash against a property you already own in Ireland, your own bank does that, and we finance the Spanish side on top, typically up to 70 % of the lower of price and valuation.
Release capital from a Spanish property Financing a new build in Spain
What applies to everyone, you included
- Declared income only. The bank works from your Irish tax returns, not from what you actually earn.
- Any Irish mortgage counts. Existing home debt is charged to your debt-service ratio in Spain.
- Valuation over price. Financing follows the tasación, which on the coast often sits below the asking price.
- Repaid by around age 75. The term drives the instalment once you are past your late fifties.
Let us look at your case
A first conversation costs nothing, and our fee — 1 % of the loan actually arranged — is only ever due if the financing completes.