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  • Can you borrow interest-free in Spain?

Can you borrow interest-free in Spain?

Repayment-free mortgage in Spain

No, it is not possible to obtain an interest-only mortgage in Spain. In Spain, they do not know interest-only mortgages and only annuity repayments are allowed. This means you pay a fixed amount of repayment and interest per month for a mortgage. There are costs attached to paying off your Spanish mortgage. This applies to both a second home / investment property and a primary residence in Spain.

Pedro is at your service

Chat directly with Pedro and ask your questions about your purchase plans in Spain or Portugal. He will gladly show you the way to a successful purchase.