Documents, creditworthiness, proof of income — the full checklist for buyers in Spain and Portugal. Plus: the typical process from first enquiry to the notary appointment.
Author & regulatory separation. Content author: Siegfried Perini. Mortgage brokerage in Spain and Portugal is carried out under the §34i permit of Olga Nikushkina (BAFA-notified). This information does not replace legal or tax advice.
For non-residents, Spanish and Portuguese banks usually require the following documents — at most banks now with a certified translation:
The self-employed face higher hurdles in the credit assessment. Banks require:
Rule of thumb: the self-employed typically pay 0.2–0.5 % higher interest and must expect a lower LTV (60 % instead of 70 %) — even with very good creditworthiness.
So that I can quickly compare your situation with the banks, please fill in our bilingual self-disclosure form (DE/EN, printable). It summarises personal data, tax status (incl. NIE/NIF), income, expenses and available equity — the basis of every bank enquiry.
📄 Download the self-disclosure form (PDF)
Free and without obligation · no tax or legal advice · data processed only to prepare your enquiry (see privacy).
For non-residents, Spanish and Portuguese banks usually apply the 35 % rule: together with other obligations (consumer loans, rent commitments in your home country), the monthly mortgage payment may not exceed 35 % of available net income.
Simplified calculation. Actual assessment is made individually by the bank.
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