Wiki: Spain & Portugal mortgages
In-depth explanations of non-resident financing, taxes and process. Short definitions live in the Glossary — this is where we go deeper, backed by real, anonymised case studies.
What does the perini.es wiki cover on Spain and Portugal property financing?
The wiki covers non-resident financing, taxes and the purchase process in Spain and Portugal: pages on the NIE, Nota Simple and Escritura, on Modelo 210, Plusvalía, ITP and IBI, and on Hipoteca no residente, LTV and Hipoteca mixta. Every page answers a concrete question first and links to related glossary terms and the mortgage calculator.
Taxes
IBI — Spanish Property Tax
IBI (Impuesto sobre Bienes Inmuebles) is Spain's annual municipal property tax on the cadastral value, charged regardless of the owner's tax residency — the…
Non-Resident Tax Spain (Modelo 210 / IRNR)
Modelo 210 is the tax return for Spain's non-resident income tax (IRNR) — mandatory for every foreign property owner, even when the property stands vacant…
Mortgage
Non-Resident Mortgage (Hipoteca no residente)
A Hipoteca no residente is a Spanish mortgage for buyers without Spanish tax residency — banks assess foreign income, employment and country of origin more…
Spain Mortgage LTV for Non-Residents
The maximum loan-to-value for non-residents in Spain is usually well below the level offered to residents — banks apply it to the lower of the purchase price…
Seguro de hogar (buildings insurance)
The seguro de hogar is the damage policy on the mortgaged property.
Euribor (Euríbor hipotecario)
The Euribor is the rate at which European banks lend to each other unsecured.
Costs
ITP Spain (Property Transfer Tax)
ITP is Spain's transfer tax on the purchase of resales — each autonomous region sets its own rate, so it can differ substantially depending on where the…
Buying Costs Spain (Gastos de compra)
Gastos de compra are the full set of purchase-related costs on top of the price — tax, notary, land registry, tasación and, where used, a lawyer — and are paid…
Plusvalia Tax Spain (Plusvalia municipal)
Plusvalía municipal is a local tax on the increase in value of the land, charged on sale or any other transfer of ownership — usually the seller pays it, but…
Non-Residents
NIE Number Spain (Número de Identificación de Extranjero)
The NIE is Spain's tax and identification number for foreigners — without it, virtually no financial or property transaction in Spain is possible, whether…
Financing in Portugal
Non-residents can also buy and finance property in Portugal — with structural parallels to Spain (lower loan-to-value, a dedicated tax number as a…
CPCV — Portugal Preliminary Contract
The CPCV is Portugal's binding preliminary property contract — unlike a non-committal reservation, it already legally obliges both parties to buy and sell…
Hipoteca Mixta (Mixed-Rate Mortgage)
The hipoteca mixta combines a fixed rate for the first years with an automatic switch to a variable rate afterwards — usually Euríbor plus a margin — a hybrid…
Process
Real cases (110): Anonymised case studies complement the wiki articles with real financing cases — historically accurate, never altered after the fact. Full overview: /en/case-reports/.
Tasación (Valuation)
The tasación is an independent property valuation carried out by a licensed appraisal firm — Spanish banks require it before any mortgage approval, because…
Nota Simple
The nota simple is Spain's official land registry extract from the Registro de la Propiedad — it lists the owner, mortgages and any other charges on a…
Spanish Bank Account for Non-Residents
Buying and financing property in Spain generally requires a Spanish bank account — mortgage payments, the purchase price transfer, and running costs like IBI…
Contrato de arras (Deposit)
The contrato de arras is Spain's reservation and preliminary contract — it typically involves a deposit that is usually forfeited if the buyer withdraws, and…
Escritura Spain (Notarial Deed)
The Escritura pública de compraventa is Spain's notarial deed of sale — signing it in front of the notary is the moment ownership actually transfers, after…
Buying Property in Spain: the Process
Buying property in Spain follows a clear sequence — getting the NIE and a bank account, sorting out the property and financing, the preliminary contract…
Oferta vinculante (FEIN)
The FEIN is the European standardised information sheet for your loan.
Frequently asked questions
Where do I find case studies on Spain and Portugal financing?
Anonymised case studies complement the wiki articles with real financing cases — historically accurate, never altered after the fact. Full overview: /en/case-reports/.
Which wiki pages explain Spanish taxes such as Modelo 210, Plusvalía, ITP and IBI?
The wiki has pages on Modelo 210, Plusvalía, ITP and IBI. Every page answers a concrete question first and links to related glossary terms and the mortgage calculator.
What is the difference between the wiki and the Glossary on Spain and Portugal mortgages?
Short definitions live in the Glossary. The wiki goes deeper, with in-depth explanations of non-resident financing, taxes and process, backed by real, anonymised case studies.
Related pages
/en/case-reports/
Anonymised case reports on property financing in Spain and Portugal for non-residents — real processes of German-speaking buyers, by region and intent. §34i.
Glossary
Key terms for property financing in Spain & Portugal for non-residents: NIE/NIF, Hipoteca, LTV, Tasación, transaction costs, process — explained.
what do banks in Spain and Portugal ask for?
Assets and liabilities statement for a Spain or Portugal mortgage: the three parts real estate, liabilities and other assets with every field, fillable DE/EN.
Content by Siegfried Perini — local brand representative since 2019, active in real estate since 1992, entered in the German intermediary register (§ 11a GewO) as a person directly involved in brokerage and advice. Point of contact for German-speaking buyers in Spain and Portugal. Brokerage by Olga Nikushkina, mortgage credit intermediary under § 34i German Trade Regulation (GewO); in Portugal through a locally licensed intermediary.