Bridging — Madrid
Short-term, asset-backed bridging on Madrid property — prime residential in Salamanca and Chamberí, commercial buildings across the city centre, and mixed-use repositioning stock — completed in weeks, not months.
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Last updated Reviewed by our Clifton International finance team.
In short
Bridging in Madrid is short-term, asset-backed lending secured on city property — Salamanca, Chamberí, Chamartín and Retiro — typically up to 65% of open-market value at 0.7–0.9% per month. Well-prepared transactions complete in three to six weeks from heads of terms.
At a glance
Figures reviewed:
Indicative figures for guidance only, correct as at October 2026. Rates, costs and timelines vary by lender, borrower profile, asset and jurisdiction, and are not an offer of finance. How we derive these figures.
Last reviewed . Read the full Key facts methodology, or speak to our team for a quote based on your circumstances.
At a glance
Use bridging in Madrid when the deadline is the binding constraint; use a term mortgage when time allows and income is straightforward to evidence.
| Feature | Bridging finance | Standard Spanish mortgage |
|---|---|---|
| Speed to funds | 2 – 6 weeks | 8 – 14 weeks |
| Pricing | 0.7% – 0.9% per month | Circa 4% – 6% per year |
| Term | 3 – 24 months | 5 – 25 years |
| Max LTV | Up to 65% of value | 60% – 70% for non-residents |
| Income testing | Light — asset and exit led | Full affordability and debt-ratio assessment |
| Corporate / SPV borrowers | Straightforward | Case-by-case |
| Property condition | Rustic, unfinished and non-standard accepted | Must be mortgageable and registered |
| Exit | Sale, refinance or mortgage take-out | Amortised over the term |
Swipe the table sideways to see all columns.
Indicative from-rates for prepared cases. Spanish transaction costs and taxes sit outside the loan and are typically 10% – 14% of price.
Local data
Price data
Transfer tax in Spain is set by each autonomous community, not centrally — the same €1m purchase costs materially more in some regions than others. These are the figures that apply to a Madrid purchase.
Official price per m² and purchase taxes for Madrid, Q2 2026
Source for price per m²: Ministerio de Transportes y Movilidad Sostenible (MITMA), Valor tasado de la vivienda libre, Q2 2026 (published September 2026). Figures are the official average bank-valuation price of private housing (vivienda libre), in euros per m², for municipalities over 25,000 people or, where a town is not published, the province or region shown. Valuation prices usually sit below portal asking prices. Tax rates are the headline rates published by each autonomous community. Guidance only — not tax or legal advice; confirm the rate applying to your purchase with your Spanish lawyer. View the official MITMA data · Compare all 30 Spanish locations · Data disclaimer · How we compile these figures.
Popular Spain finance
Why clients choose us
Regular experience across Barrio de Salamanca, Chamberí, Chamartín and Retiro.
Bridging on office, retail and mixed-use buildings ahead of repositioning or term-loan refinance.
3–6 weeks to drawdown on auction, off-market and time-critical Madrid transactions.
SL, SPV and international corporate structures welcomed, with input from Spanish counsel.
Use existing UK, European or Middle-East property to accelerate Madrid completions.
Release equity from an owned Madrid asset for new acquisitions, tax settlements or business use.
Borrower eligibility
Typical lending criteria
Indicative only. Actual terms depend on borrower profile, asset and lender criteria.
Case studies
Real deals arranged — with the scenario, the structure and the outcome. Every transaction is different; these illustrate how we think.
€300k bridge · 12-month term · interest retained
UAE-based British citizens needed short-term funding to secure a holiday home in Javea at below market value, with the intention to refinance onto a longer-term mortgage once the purchase completed.
We introduced a Spain-based private funder who provided a 12-month bridge, structured against the estimated open-market value and with a clear refinance exit.
£1.48m · ~70% LTV · funded in 6 working days
Long-standing clients had originally used a £170k bridging loan secured against their £2.5m UK home to fund the 10% deposit on a Spanish villa, with the exit being the sale of the UK property. When the UK sale collapsed at the last minute and a replacement lender withdrew, they had just 6 working days to clear the full balance on the Spanish purchase — a regulated re-bridge, with minor credit issues and a down-valuation pushing the LTV over 70%.
Working with our specialist partners, a lender we hold a strong relationship with was approached, a fully packaged application was submitted within hours and a fast-tracked full valuation was arranged and used search indemnity insurance to remove time-cost from legals. All parties — lender, valuer, both sets of solicitors and the client — worked in lockstep to hit the deadline.
Recent transactions
Published transactions from our own case study library — select any to read the full brief.
Madrid · Refinance
€5.1m · ~47.7% LTV · 13.5% p.a.
€5.1m mortgage-backed credit line completed on a €10.7m prime Madrid home — repaying a €1.6m bank mortgage and releasing liquidity for professional investment.
Javea · Bridge Finance
€300k bridge · 12-month term · interest retained
€300k 12-month bridge for UAE-based British buyers to secure a Javea holiday home at below market value — exited via a Spanish mortgage refinance within term.
Spain · Bridge Finance
£1.48m · ~70% LTV · funded in 6 working days
£1.48m regulated re-bridge against a UK home delivered in 6 working days after a chain collapse — Spanish villa purchase completed on time and existing bridge repaid in full.
Frequently asked
Yes — Barrio de Salamanca, Chamberí, Chamartín, Retiro and prime Centro are all regularly financed, alongside commercial and mixed-use buildings across the city.
Yes. Bridging is commonly used to acquire office, retail and mixed-use buildings in Madrid ahead of repositioning or refinance onto a term commercial facility.
3–6 weeks from heads of terms for a well-prepared transaction, subject to Spanish legal due diligence and valuation.
Up to 65% of open-market value on prime residential and commercial assets, with higher advances where additional collateral is offered.
Yes — asset-backed bridging is regularly used on Madrid auction and off-market transactions where a term mortgage cannot complete in time.
Local coverage
Salamanca, Chamberí, Chamartín, La Moraleja and the north-west corridor. We also arrange bridging finance across the neighbouring areas below — one adviser, one conversation, whichever location you buy in.
Nearby covered areas
Not listed? We cover all of mainland Spain, the Balearics and the Canaries — tell us the town and we will confirm lender appetite.
Also in Madrid
Many buyers bridge to complete quickly, then refinance onto one of these mortgages.
Long-term Spanish mortgages for Madrid property — Salamanca, Chamberí and Chamartín, with non-resident lending criteria and indicative terms.
Senior development debt across Madrid — whole-building conversions, new-build residential and mixed-use repositioning.
Currency exchange
When completion is weeks away, the euro balance, fees and taxes still have to arrive on time. We can introduce you to a currency specialist alongside your bridging enquiry so the funds land for the notary without a last-minute bank rate.
Clifton introduces clients to a specialist currency partner and does not hold, convert or transfer client funds.
Explore the currency service
Related coverage
Related bridging & development finance
Dedicated landing pages for each bridging use case and development stage — with typical structures, eligibility and example transactions.
Time-critical acquisitions, auction, off-market and chain-break completions.
View pageRefinance existing Spanish debt, cancel embargoes and restructure onto cleaner terms.
View pageRelease equity from Spanish real estate to fund operating capital or growth.
View pageFast cash advance against Spanish property with a defined exit route.
View pageShort-term facilities for professional investors executing on Spanish opportunities.
View pagePartial land funding on consented and pre-consented sites, rolling into senior debt on planning grant.
View pageSenior debt for new-build residential and mixed-use schemes with staged drawdowns.
View pageRefurbishment and repositioning finance for existing Spanish buildings.
View pageFinance for schemes already under construction — completion funding and stretched senior.
View pageRelated services
Purchase finance for primary residences, second homes and holiday properties across Spain.
Learn moreSenior debt and stretched-senior facilities for residential and mixed-use schemes.
Learn moreInvestment and owner-occupier funding for offices, hospitality, retail and logistics.
Learn moreImproved terms, capital raising and exit refinance for maturing Spanish facilities.
Learn moreShort-term funding for acquisitions, auctions, chain-breaks and development exits.
Learn moreReady to explore your options?
Fast, discreet bridging on prime Madrid residential, commercial and mixed-use property. A specialist will call back within one working day with indicative terms and next steps.