Who arranges it?
Perini Finance & Property — non-resident mortgages in every focus region of Spain and Portugal, from the Balearics and the Canaries to the Algarve.
Regions · Spain & Portugal · §34i
Buying property in Spain & Portugal — all focus regions
Non-resident mortgages in all key regions of Spain and Portugal — up to 70 % LTV in Spain, up to 80 % in Portugal. Each detail page explains transfer tax, local specifics and financing for the region.
In short
Who finances property across Spain and Portugal?
How much is financed?
Up to 70 % LTV in Spain, up to 80 % in Portugal; the rest comes from your own funds plus the purchase costs.
What tax applies?
Transfer tax depends on the region: ITP on Spanish resales, IGIC 7 % on Canary new builds, IMT in Portugal. Each detail page states its own rate.
How much can I borrow in the different regions of Spain and Portugal?
The lending ceiling follows the country rather than the region: in Spain non-residents can customarily reach around 70 per cent of the valuation, in Portugal up to 80 per cent. What does differ regionally, and considerably, is tax. On a resale purchase the transfer tax ITP of the relevant autonomous community applies: 9 per cent in the Comunitat Valenciana, 11 per cent above one million euros, 6.5 per cent in the Canaries, 7 per cent in Andalusia, and a band rising to 13 per cent in the Balearics. New-builds attract IVA at 10 per cent instead, or IGIC at 7 per cent plus AJD in the Canaries. In Portugal a flat IMT rate of 7.5 per cent has applied to buyers without Portuguese tax residence since 25 May 2026. Each regional page sets out what this means for your equity planning.
Whichever region you land on, one step comes first: how to get your NIE number in Spain before the mortgage. Not sure which region fits? The region finder matches country, character, price positioning and use to the three best-fitting regions in about a minute.
Buy property Spain
Spain · island
Mallorca
The most popular location for German buyers in Spain. Palma, Port Andratx, Santa Ponsa, Son Vida, Alcúdia. ITP 8 %, mind the ETV licence.
Spain · island
Ibiza
Tight supply, high value stability. Balearic allowance €3m wealth tax. Ibiza town, Santa Eulària, San José.
Spain · region
Costa Brava
The quiet alternative to Barcelona. Freely lettable, a German-Dutch growth market. Up to 70 % LTV.
Spain · growth market
Valencia & Costa Azahar
30–40 % cheaper than Madrid, with solid gross rental yields. Third-largest market for foreign buyers in Spain.
Spain · Costa Blanca
Costa Blanca
No. 1 for foreign buyers in Spain. North (Dénia, Jávea, Calpe, Altea) and south (Torrevieja, Orihuela Costa). ITP 9 %, Alicante airport.
Spain · Madrid
Madrid
A city market rather than a holiday market. Salamanca, Chamberí, Chamartín. ITP 6 % — the lowest rate of the large regions.
Spain · Costa Cálida
Murcia & Costa Cálida
Mar Menor, La Manga, Cartagena, Águilas. Its own community, ITP 7.75 % since July 2025.
Spain · Costa del Sol
Marbella & Málaga
Premium Andalusia. Golden Mile, Puerto Banús, Estepona. ITP 7 % — the lowest rate of all Spanish hotspots.
Spain · islands
Canary Islands
Tenerife, Gran Canaria, Lanzarote, Fuerteventura. ITP 6.5 % on resale, IGIC 7 % on new builds. In demand all year.
Spain · Canaries
Tenerife
The largest Canary island: premium south (Costa Adeje) and cheaper year-round north. Two airports, ITP 6.5% on resale.
Spain · Canaries
Gran Canaria
Las Palmas as a real year-round city plus the tourism south around Maspalomas. IGIC 7 % on new builds, up to 70 % LTV.
Spain · island
Menorca
The quiet sister of Mallorca — a UNESCO biosphere reserve, tighter supply, lower prices. Same banded Balearic ITP 8–13 %.
Spain · Canaries
Lanzarote
Strict building rules keep supply tight and valuations cautious. ITP 6.5 % on resale, up to 70 % LTV.
Spain · Canaries
Fuerteventura
The lowest price level of the Canaries and Europe's most reliable wind. ITP 6.5 %, IGIC 7 % on new builds.
Spain · Catalonia
Barcelona
City and coast in one market. The rent cap affects the yield, not the lending. Banded ITP 10–13 %.
Spain · Costa Blanca
Dénia
The largest town of the green north, with a ferry port. ITP 9 %, up to 70 % LTV.
Spain · Costa Blanca
Moraira
The smallest and most exclusive of the northern towns — detached villas, the tightest market of the three.
Spain · Costa Blanca
Torrevieja
The largest, most liquid market on the coast, with a great deal of new build. ITP 9 %.
Spain · Andalusia
Málaga
One of Spain's fastest-growing cities, year-round demand. ITP 7 %, wealth tax effectively zero.
Spain · Andalusia
Costa del Sol
Málaga to Estepona — Spain's most international market, where speed beats price. ITP 7 %.
Buy property Portugal
Portugal · region
Algarve
Premium west (Lagos, Vilamoura) and growth east (Tavira, Olhão). 300 days of sun, up to 80 % LTV.
Portugal · city
Porto
UNESCO World Heritage, university city, year-round rental market. 30 % cheaper than Lisbon.
Portugal · island
Madeira
Autonomous region with its own tax rates. Funchal and the south coast, year-round climate 18–25 °C.
Portugal · city
Lisbon
The capital and the most expensive market in Portugal. IMT 7.5 % for non-residents, up to 80 % LTV.
Buy house Spain or Portugal — your region is not listed?
We broker mortgages across Spain and Portugal — the focus pages only cover the most common buyer regions. Simply ask about your region directly.