Spanish banks ARE WILLING TO GIVE mortgages to non-resident purchasers of property in Spain.
The maximum period of the loan will depend upon the purchaser´s age. It can be extended for a period of 30 years and granted until the age of 65 – 75 years.
The amount borrowed may be up to 70% of the Banks Valuation of the property depending upon your income and assets. You will need to provide proof of your capacity to repay the mortgage and most banks will require monthly earnings exceeding three times your stipulated monthly mortgage repayment.