From Silicon Valley to the Costa del Sol: A Real Case Study

When John M., a 48-year-old tech executive living in Palo Alto, California, decided it was time to invest in a second home abroad, he had three requirements: sunshine, safety, and sophistication. His choice? Marbella, the jewel of southern Spain.

Marbella has long been a magnet for international buyers seeking luxury, privacy, and a Mediterranean lifestyle. With its world-class golf courses, Michelin-starred restaurants, and vibrant cultural scene, it was an obvious candidate for John. However, buying property in Spain as an American—especially with a mortgage—involves a complex web of regulations, currency transfers, and legal formalities.

That’s where Mortgage in Spain Mortgage Broker came in.

The Journey to Ownership

We guided John through every step of the process—from initial feasibility check to final signature at the notary. Everything was handled remotely until he flew to Marbella for the closing.

A Feasibility Study in 24 Hours

Within 24 hours of receiving John’s financial documents, we provided:

A precise borrowing capacity analysis

An estimate of all related taxes and costs

A detailed repayment simulation for three different banks

Securing Financing on Favorable Terms

John had a complex income structure, including bonuses and stock-based compensation, which posed a challenge for some conservative Spanish banks. Thanks to our direct relationships with Spain’s top international banks, we secured for him:

A 1.95% fixed interest rate over 20 years

No life insurance requirement

Full English documentation and bank contacts fluent in English

Handling All Legal and Technical Requirements

We also managed:

The NIE application via our online partner (received in 10 days)

Introduction to a trusted English-speaking property lawyer in Marbella

Arranging the valuation (tasación) and making sure it was completed before paying the deposit

Coordination of the cooling-off period and legal arras contract

FX and Fund Transfer Support

We connected John with a currency specialist who:

Helped him save over $8,000 on FX fees

Ensured full compliance with U.S. and Spanish money-laundering regulations

A Dream Property Secured

John ultimately purchased a €1.8 million villa in the Golden Mile, Marbella’s most exclusive area. With views of La Concha mountain and walking distance to the beach, the home was exactly what he had envisioned.

He contributed 30% of the purchase price from his savings and paid all associated taxes and legal costs separately, also from his personal funds. The remaining 70% was financed through a Spanish mortgage. The entire process, from first call to keys in hand, took less than 60 days.

Why American Clients Choose Mortgage in Spain

1. Financing Rules for Non-Residents

American citizens are considered non-resident buyers under Spanish banking law. This classification comes with specific financing limitations:

Maximum loan-to-value (LTV): 70% of the purchase price or appraised value (whichever is lower).

Mortgage term: up to 25 years.

Monthly debt-to-income ratio: capped at 35%.

2. Complex Documentation

Spanish lenders require extensive documentation from U.S. buyers, often including:

U.S. tax returns (IRS 1040)

Pay stubs or profit & loss statements

Bank statements

Credit report

Foreign Account Tax Compliance Act (FATCA) compliance

3. Legal and Currency Hurdles

Most American clients also need to:

Obtain a NIE (Número de Identificación de Extranjero)

Appoint a local real estate lawyer

Transfer funds to Spain while minimizing FX costs and complying with U.S. regulations

✔️ Experience with U.S. Tax Structures

We understand 1040s, K-1s, RSUs, and 1099s. We explain them clearly to Spanish lenders.

✔️ 100% Remote Mortgage Process

Our clients can complete the entire mortgage process without leaving the U.S., except for the final signature.

✔️ We Are a Licensed Mortgage Broker

We are a mortgage broker licensed by the Bank of Spain, and our service is paid by the bank—not by the client.

✔️ Full Service: Legal, Real Estate, NIE, FX

We offer a turnkey solution: from NIE to legal due diligence, valuation, and FX—everything in one place.

✔️ Proven Track Record

We’ve helped American clients from California, New York, Texas, Florida, and Illinois successfully finance properties across Spain. Our approval rate? 99%.

Ready to Buy Your Spanish Dream Home?

If you’re based in the U.S. and want to buy a property in Spain, we make it easy, secure, and fully digital. Book a free consultation and discover how our team can help you turn your Spanish property dream into reality.

👉 Visit www.mortgageinspain.es to get started.

Mortgage in Spain Mortgage Broker – Helping American buyers finance their Spanish dream homes with confidence and clarity.