Why is Spain the Perfect Destination for Canadian Families?

If you’re considering moving to Spain from Canada, having a solid plan is essential. Spain offers an incredible climate, a lower cost of living, access to high-quality public and private healthcare, and excellent educational opportunities.

However, relocating permanently is a big step. The smartest strategy for Canadian families (2 adults and 2 young children) is to:

✅ Buy a property in Spain while still living in Canada.
✅ Use it for vacations to get to know the area.
✅ Rent it out when not in use to generate passive income.
✅ Move permanently once you feel fully prepared.

And the best part? With  Mortgage in Spain.es - Mortgage Broker, you can complete the entire process online, from securing your mortgage to signing at the notary.

🏡 Can Canadians Get a Mortgage in Spain? How Does It Work?

Yes! Canadians can buy property in Spain with a mortgage, even if they don’t live in the country. Here’s what you need to know:

💰 Financing for Non-Residents:

• Spanish banks offer up to 70% of the property’s price (you’ll need a 30% down payment).
• Additional costs (taxes, legal fees, notary) amount to 10-12% of the property price.

📅 Loan Terms & Interest Rates:

• Term: Typically 20-25 years.
• Interest rates: Fixed or variable, starting at 3% - 4.5%.

📂 Documents Required:

• Passport & NIE (Número de Identificación de Extranjero).
• Proof of income (tax returns, pay slips).
• Bank statements (last 6 months).
• Canadian credit report.
• Proof of funds for the down payment and associated costs.

📌 Complete Everything Online
With Mortgage in Spain.es - Mortgage Broker, you can secure a mortgage without leaving Canada. We handle all paperwork, ensuring you only need to travel to Spain for the final notary signing.

🌍 Best Cities in Spain for Canadian Families & What to Visit

1️⃣  Valencia – The Best City for Expat Families

🏖 Why Choose Valencia?
✔️ Voted the best city in the world for expats (Forbes, 2024).
✔️ Affordable property prices and a high quality of life.
✔️ Excellent international schools and healthcare services.

💰 Cost of Living for a Family of 4:

• Rent (3-bedroom apartment in a good area): €1,200/month.
• Groceries: €450 - €700/month.
• Public transport: €40/month per adult (kids under 10 travel free).

🏛 Must-Visit Places in Valencia:

• City of Arts and Sciences – A futuristic complex with an aquarium, science museum, and IMAX cinema.
• Turia Gardens – A massive urban park, perfect for family activities.
• Malvarrosa Beach – A beautiful Mediterranean beach.

📈 Real Estate & Investment Potential:

• Property prices: €1,800 - €2,200/m².
• Strong rental demand, ideal for vacation rentals.

2️⃣  Málaga – The Sunniest City with a Laid-Back Lifestyle

🌞 Why Choose Málaga?
✔️ Over 300 days of sunshine per year.
✔️ Growing international community.
✔️ Top-rated hospitals and international schools.

💰 Cost of Living for a Family of 4:

• Rent: €1,100 - €1,600/month.
• Eating out: €15 per person at a mid-range restaurant.
• Monthly utilities: €120 - €150.

🏛 Must-Visit Places in Málaga:

• Picasso Museum – A must for art lovers.
• Alcazaba Fortress – Stunning Moorish architecture.
• Muelle Uno – A waterfront promenade with restaurants and shops.

📈 Real Estate & Investment Potential:

• Property prices: €2,000 - €2,500/m².
• Tourism-driven rental demand makes it a great investment.

3️⃣  Barcelona – The Most Cosmopolitan City

🏙 Why Choose Barcelona?
✔️ Diverse job market and international schools.
✔️ Vibrant culture, beaches, and world-class dining.
✔️ Well-connected to Canada with direct flights.

💰 Cost of Living for a Family of 4:

• Rent: €1,800 - €2,800/month.
• Gym membership: €40 - €60/month.
• International school tuition: €800 - €1,500/month per child.

🏛 Must-Visit Places in Barcelona:

• Sagrada Familia – Gaudí’s architectural masterpiece.
• Park Güell – A colorful park full of stunning mosaic art.
• La Rambla – A lively street filled with shops and restaurants.

📈 Real Estate & Investment Potential:

• Property prices: €3,000 - €5,000/m².
• Strong demand for rentals in central areas.

🏥 Healthcare in Spain: Public vs. Private

Spain has one of the best healthcare systems in Europe.

✔️ Public Healthcare (SNS – Sistema Nacional de Salud)

• Free for residents, including non-EU citizens with social security contributions.
• Covers emergencies, hospital care, and primary care.
• Some waiting times for specialist appointments.

✔️ Private Healthcare

• Faster appointments and English-speaking doctors.
• Costs €50 - €100/month per person.
• Recommended for expats before gaining residency.

📌 Important: If you move to Spain without a job, private health insurance is required for residency applications.

📚 Education in Spain: Public & Private Schools

✔️ Public Schools: Free, Spanish curriculum, generally high quality.
✔️ Private Schools: €300 - €700/month, often religious-affiliated.
✔️ International Schools: €500 - €1,500/month, offering IB, British, or American curriculums.

📌 Best Cities for International Schools: Barcelona, Madrid, Valencia, and Málaga.

🚀 Why Work with Mortgage in Spain.es - Mortgage Broker?

We are a licensed mortgage broker by the Bank of Spain, offering:

✔ Fully Online Process – No need to travel until the final notary signing.
✔ Exclusive Mortgage Deals – Thanks to strong partnerships with top Spanish banks.
✔ Connections with Trusted Partners:

• Real estate agencies.
• Lawyers specializing in foreign property buyers.
• Currency exchange companies with unbeatable rates.
• Utility setup services (electricity, water, internet).

📩 Contact us today to get expert advice and secure your dream home in Spain! 🏡🚀