How much can I borrow of the purchase price?

Spanish Mortgages. How much can I borrow when I'm buying a property in Spain? This is called 'loan to value'

How much can I borrow
The maximum Loan to Value (often abbreviated LTV) our clients will obtain in Spain will depend on whether they declare their income in Spain or elsewhere.
If you are a Spanish resident, banks will usually offer to lend 80% of the purchase price (excluding fees). It is possible to achieve slightly more than 80%, but your circumstances have to be optimal for the bank to consider this. If you are interested in a mortgage of more than 80%, please contact us to discuss whether this will be possible for your situation.
If you are a non-resident, the maximum loan to value banks offer at the moment is 70% of the purchase price. That being said, it is common that they only give 60%. The percentage can vary depending on the country in which you reside/declare your taxes and your mortgage preferences.

Basic Quote

Are you a Spanish Tax Residence?(Required)