Can I have a take out a mortgage in Spain with several people (e.g. with family or friends)?

In almost all cases, you can apply for a mortgage in Spain with a maximum of two people, which are tax partners. In Spain, it is not standard to buy with friends or family, so many Spanish banks are not open to this. So you will often receive a "no" when you knock on the Spanish bank's door with this yourself.

Pedro from holapedro has drawn up a number of situations below, in which it is still possible to make a Spanish purchase with several people. These are:

• The purchase is made by 1 person (or fiscal couple). However, a second person or couple can assist financially with the purchase, for example for equity. You can think of this as a personal loan. You need to draw up a contract between yourself about the conditions, it is advisable to discuss this with a notary.
• You will make a purchase by the surplus value in the Netherlands or Spain. For example, by one or more parties withdrawing their surplus value and thus buying the house together directly from these assets. So you do not take out a mortgage in Spain in this case.
• A final option is to buy the property as a Spanish limited company (called an S.L. in Spain). To do this, you need to set up a Spanish S.L. together with the other buyers. This way, you can apply for financing together.
  Note: this option is really only interesting for substantial property investments, such as luxury homes for rent or a property portfolio. For an occasional purchase for own use, this option is almost never financially attractive, because of the extra costs and extra administration involved.