Mortgages Over €1 Million in Spain for High Net Worth International Buyers
Specialist mortgage solutions for complex international income and luxury property purchases
Obtaining a mortgage of more than €1,000,000 in Spain requires a very different level of expertise compared to standard residential financing. These operations are typically associated with luxury properties, complex international income structures, and high-net-worth buyers who demand discretion, accuracy, and expert guidance throughout the entire process.
Mortgage in Spain® Mortgage Broker is a specialist in high-value and complex mortgage operations, thanks to our extensive experience, deep understanding of bank risk analysis, and direct collaboration with Spanish banks that operate dedicated departments for large and complex mortgage cases. This specialized know-how allows us to structure, present, and negotiate high-value applications efficiently and professionally.
Our role goes far beyond basic intermediation. We work quickly and precisely to ensure that each case is correctly analyzed, clearly explained, and presented at the appropriate decision-making level within the bank, significantly increasing approval speed and success rates for mortgages exceeding €1,000,000.
Who Can Qualify for a Mortgage Over €1 Million in Spain?
Mortgages above €1 million are designed for financially solid profiles with structured and well-documented income. Typical clients include:
- Entrepreneurs and business owners
- Senior executives and directors
- International investors
- Families with global assets
- Buyers receiving income from multiple countries
- Clients with dividend income, bonuses, rental portfolios or company ownership
These profiles often require specialized financial analysis, as standard banking processes are not prepared to assess complex international situations correctly.
High-Value and Luxury Property Mortgages in Spain
Mortgages over €1,000,000 are usually linked to luxury real estate acquisitions, such as:
- Prime residential properties in major cities
- High-end villas and estates
- Seafront or golf-front homes
- New developments in exclusive locations
These transactions demand not only higher loan amounts, but also advanced structuring, accurate presentation of financial documentation, and negotiation at a senior banking level.
Can I Obtain a €1M+ Mortgage in Spain Before Choosing a Luxury Property?
Yes, although it is important to clarify the process correctly.
Before selecting a specific property, it is not possible to obtain a final mortgage approval. However, high-net-worth buyers can obtain a pre-authorization (approval in principle) confirming that a mortgage of more than €1,000,000 is feasible, subject to the property meeting the bank’s requirements.
At Mortgage in Spain® Mortgage Broker, we carry out a confidential financial assessment to confirm the client’s borrowing capacity, validate income and asset structures, and determine the maximum mortgage amount and applicable loan-to-value limits. This pre-authorization allows clients to search for luxury properties with certainty, knowing their financing has already been reviewed by the bank.
Once a property is selected, the mortgage proceeds through the standard regulatory stages: property valuation (tasación), final risk approval by the bank, and the issuance of the FEIN (European Standardised Information Sheet). Only after these steps is the mortgage fully approved and binding.
Following the approval in principle, Mortgage in Spain® Mortgage Broker can also connect clients with luxury real estate agencies and independent real estate lawyers specialized in high-value transactions, ensuring that financing, property selection, and legal due diligence are fully aligned from the outset.
By securing a pre-authorization first, buyers reduce risk, avoid delays, and gain a stronger negotiating position when purchasing a luxury property in Spain, while benefiting from a structured and secure process managed from initial assessment through to final signing at the notary.
Can Mortgage in Spain® Mortgage Broker Pre-Authorize a €1M+ Mortgage and What Does It Cost?
Yes. Mortgage in Spain® Mortgage Broker can assist clients who wish to purchase a luxury property in Spain and want to confirm whether they can obtain a mortgage of more than €1,000,000 before choosing a specific property.
At this initial stage, it is important to clarify that the client does not obtain a final mortgage approval. Instead, Mortgage in Spain® Mortgage Broker carries out a confidential financial assessment and structures the case to obtain a pre-authorization (approval in principle) from the bank.
This approval in principle confirms:
- Whether a mortgage above €1,000,000 is feasible
- The maximum mortgage amount the client can realistically request
- That the client’s income, assets, and financial structure meet the bank’s criteria
Final mortgage approval is only granted once a specific property is selected, following:
- The property valuation (tasación)
- The bank’s final risk approval, subject to the property meeting all legal and valuation requirements
- The issuance of the FEIN (European Standardised Information Sheet) confirming the final mortgage conditions
Regarding costs, Mortgage in Spain® Mortgage Broker does not charge the client any fees for arranging the mortgage or managing the full mortgage process.
Our service is completely free of charge for the client, as our professional fees are paid directly by the Spanish bank that ultimately grants the mortgage.
However, working with Mortgage in Spain® Mortgage Broker does not mean accessing the same conditions as a standard retail client. Thanks to our direct collaboration with the central mortgage departments and risk committees of Spanish banks, we are able to negotiate more competitive mortgage terms than those typically offered to clients who approach a local branch directly.
The client never receives an invoice from us, and benefits from a professionally structured application, senior-level bank negotiation, and access to mortgage conditions that reflect the true strength of their financial profile.
Once the approval in principle is obtained, Mortgage in Spain® Mortgage Broker can also introduce the client to:
- Luxury real estate agencies experienced in high-value transactions
- Independent real estate lawyers specialized in complex and high-end property purchases
This structured approach allows clients to move forward with clarity, security, and confidence, knowing that financing, property selection, and legal due diligence are fully aligned from the outset.
How Much Does a €1 Million Mortgage Cost in Spain? (Updated January 13, 2026)
The cost of a €1,000,000 mortgage in Spain depends on several key factors, including the interest rate environment at the time of application, the loan term, and the borrower’s financial profile.
As of January 13, 2026, and assuming:
- A 25-year mortgage term (the usual maximum in Spain)
- Interest rates typically ranging between 2.5% and 4.5%, depending on the structure and risk profile
The estimated monthly payment for a €1,000,000 mortgage usually falls between:
- €4,500 and €5,600 per month
Over the full mortgage term, the total interest paid may range approximately between:
- €350,000 and €700,000
These figures are indicative only. High-value mortgages are assessed individually and are not priced using standard retail mortgage criteria
.
Important Considerations for €1M+ Mortgages
For mortgages above €1 million, Spanish banks place particular emphasis on:
- Net income stability and sustainability
- International tax structure and transparency
- Global asset position and liquidity
- Loan-to-value ratios (typically up to 60–70% for non-residents)
A well-structured application can significantly reduce the long-term cost of the mortgage, even when borrowing the same amount.
Why Standard Banks and Brokers Fail in €1M+ Mortgage Cases
Many high-value mortgage applications fail or are delayed due to:
- Poor explanation of international income
- Lack of understanding of foreign tax systems
- Incorrect presentation of company structures
- Incomplete or badly translated documentation
- Applying retail mortgage criteria to private-banking-level cases
Without expert intervention, even strong financial profiles can face rejections. High-value cases require experience, precision, and direct access to decision-makers within Spanish banks.
Specialist Mortgage Broker for Complex and High-Value Cases
Mortgage in Spain is a mortgage broker licensed by the Bank of Spain, specialized in complex and high-value mortgage cases.
Our clients benefit from:
- Over 15 years of experience in the financial sector
- A 99% mortgage approval rate
- Deep expertise in international income and tax structures
- Direct negotiation with Spanish banks
- Structured and discreet case management
- Coordination with lawyers, tax advisors, and real estate professionals
We are a mortgage broker licensed by the Bank of Spain, ensuring full regulatory compliance and professional standards.
Importantly, our services are paid by the bank, meaning the client never receives an invoice from us.
Luxury Areas in Spain Where We Arrange €1M+ Mortgages
We operate across the whole of Spain, including the Balearic and Canary Islands, arranging high-value mortgages for luxury properties nationwide. However, based on demand and transaction volume, the following locations are the most sought-after areas for mortgages exceeding €1,000,000.
We regularly structure and negotiate high-value mortgages for premium properties in:
- Madrid (prime residential districts)
- Marbella and the Costa del Sol
- Balearic Islands
- Barcelona and Catalonia
- Canary Islands
While mortgage criteria and property dynamics vary by region, high-value cases require a detailed understanding of local valuations, banking appetite, and asset-specific considerations. We manage all of these aspects as part of our service, ensuring each mortgage is structured according to both the property location and the client’s financial profile.
Our Private Mortgage Process for High-Net-Worth Clients
Our process is designed for discretion, efficiency, and certainty:
- Confidential financial assessment
- Detailed analysis of international income and assets
- Calculation of realistic borrowing capacity
- Structuring and presentation of the case to banks
- Negotiation of the most suitable mortgage offer
- Full coordination until final signing at the notary
This ensures our clients can move forward with confidence, knowing their financing is professionally secured before committing to the purchase.
Request a Confidential Assessment for a €1M+ Mortgage
This service is exclusively designed for buyers seeking mortgages over €1,000,000 in Spain.
If you are considering purchasing a luxury property and require structured, discreet, and expert mortgage advice, we invite you to request a free and confidential initial assessment.
Our senior advisors will personally review your case and confirm feasibility before any commitment.
