Explore flexible financing options designed around your goals. Whether you seek long-term stability or market adaptability, we guide you to the right terms.
Access practical information about mortgages and home financing. Learn about the different types of mortgages, use our mortgage calculator, and discover the documentation that financial institutions typically request when starting a financing application process.
Avg. Price in Tenerife (South)
Property Value Growth (Year-over-Year)
Current Euribor (12-Month)
Max LTV (Non-Residents)
Make informed decisions with the latest real estate valuations and financing indicators for the local market.
Lock in a stable interest rate for the lifetime of your loan. Enjoy predictable monthly payments and complete peace of mind.
Rates tied directly to the Euribor. Your payments adjust periodically, allowing you to capitalize on favorable market trends.
The best of both. Secure a fixed rate for the first 5-10 years, then transition to a variable rate adapted to the market.
Explore flexible financing options designed around your goals. Whether you seek long-term stability or market adaptability, we guide you to the right terms.
Specialized solutions for international buyers. Secure up to 70% financing with seamless cross-border banking support.
*Calculations are indicative estimates based on Tenerife (Canary Islands) tax rates. Actual rates and costs may vary. Always consult a qualified financial advisor.
We analyze your financial profile to determine your purchasing power.
We secure the most competitive rates from our network.
Your customized mortgage is formally approved.
Final signature at the Notary in Tenerife.
A quick checklist for your initial mortgage assessment:
Passport/ID must be valid for at least 6 months. NIE is the Spanish Tax Identification Number required for foreigners buying property.
Your most recent annual tax declaration.
Normally showing consecutive 3-6 months of activity.
Your last 3 consecutive official salary statements.
The client can obtain it directly from the nearest SAC office or online.
Banks offer different financing conditions depending on whether the contract is permanent, seasonal permanent, or temporary.
Find quick answers regarding the mortgage process in Tenerife.
Yes. Non-residents can typically finance up to 60-70% of the property’s valuation or purchase price, while Spanish residents can access up to 80%.
On average, the process takes between 4 to 6 weeks from submitting your complete documentation to the final signature at the notary.
Fixed rates offer stability with the same monthly payment, while variable rates fluctuate based on the Euribor. The best choice depends on your financial strategy and current market conditions.
Yes, a local Spanish bank account is required to pay your mortgage installments, taxes, and utility bills. We assist our clients with this setup.
Gain complete clarity about your purchasing power. Connect with us to access more information about the most competitive mortgage interest rates and financing terms available.
INTEREST RATES & TERMS
NON-RESIDENT SOLUTIONS
BANK NEGOTIATION