Why is IFAR the best company to choose?

IFAR is a registered insurance broker. For this, the strictest requirements must be met in Spain. This guarantees the treatment of your insurance at the highest quality level.

How does IFAR minimize my premium?

We work with more than 20 Spanish and international insurers. From this we choose the insurance with the best premiums for you per insurance. And if a company raises its premiums, we go to another. This way we keep your premiums low.

How does IFAR make it easy for me?

We make the translation for you in terms of language and regulations. You can email and call us in English. We answer your questions as clearly as possible. In fact, we simply arrange everything. This is how we make it as easy as possible for you.

Can IFAR take care of my mortgage quickly?

A mortgage for your dream house in Spain turns out to be different than in the UK, USA or any other country. You will receive a Spanish brochure with everything you need to deliver and the highest interest rate because you are a foreigner. We only ask you what is needed, in English, and give you the best offer in no time.

Personal Mortgage Advice in Spain in Spain - IFAR Mortgages and Insurances

Personal Mortgage Advice in Spain

Purchasing a property in Spain involves many considerations, and obtaining clear and reliable mortgage advice is crucial. IFAR, with years of experience in the Spanish financial sector, is well-equipped to assist you.

We offer guidance in Dutch, English, or Spanish, making your mortgage application process seamless and straightforward.

In Spain, various types of mortgages are available when purchasing a home. IFAR provides comprehensive guidance on all mortgage-related matters, following four clear steps:

In five minutes you can obtain information easily and without obligation
Quick-Orientation Report within one day
Selection of offers within one week
Complete support until the end

With our expertise, we ensure a smooth and efficient mortgage application process.

How much can I lend?

Different rules apply to (new) residents than non-residents. For instance, a resident can get a mortgage up to 80% of the purchase amount and non-residents up to a maximum of 70%.

A mortgage may run until you are 75 years old, with a maximum period of 30 years (as a non-resident, this is often lower). Furthermore, your monthly mortgage payments should not exceed one-third of your net income. Please note, if you have existing loans, their monthly payments must be subtracted from this one-third limit.

Mortgage in Spain for relocation or second homes

The Spanish dream is closer than you think, with numerous options available.

If you plan to live in Spain permanently, you can benefit from more favourable mortgage terms compared to those for a second or holiday home. These advantages include lower interest rates and higher maximum loan amounts.

Make sure your property has the right registration!

We often encounter homes that are not properly registered. For example, due to illegal construction or incomplete registration to reduce taxes.

Pay close attention to this when buying as the bank will not give a mortgage for unregistered parts of the property.

What do we do for you?

Applying for a mortgage in Spain can be challenging, particularly due to language and cultural differences. At IFAR, we are dedicated to assisting with mortgage applications efficiently and in your preferred language.

Click here to ask a question, get more information, or start your mortgage application in just four steps.