Costa del Sol Property Finance
Specialist residential mortgages and short-term bridging finance for international buyers (US, UAE, UK and European) along Andalucía's Mediterranean coast — from Málaga City and Mijas to Marbella, Estepona and Sotogrande.
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Last updated Reviewed by our Clifton International finance team.
In short
Yes. Non-resident buyers can typically borrow 60–70% of value on Costa del Sol property in Marbella, Estepona, Sotogrande and Málaga, over five to twenty-five years. Underwriting is income based, and a well-prepared application completes in roughly eight to fourteen weeks.
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.
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 Costa del Sol purchase.
Official price per m² and purchase taxes for Costa del Sol, 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.
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Why clients choose us
Financing from Málaga City through Marbella and Estepona down to Sotogrande, including the New Golden Mile and inland villages.
Non-resident residential lending to a maximum of 65% for prime Costa del Sol property.
Short-term facilities for off-market, auction and refurbishment purchases across the coast.
Access to Spanish, Swiss and Andorran private banks for higher-value villas and estates.
GBP, EUR and USD income accepted by selected lenders, with multi-currency facilities available.
A single international specialist managing lender, notary and legal liaison.
Borrower eligibility
Typical lending criteria
Indicative only. Actual terms depend on borrower profile, asset and lender criteria.
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Rates this month
Last updated:
12-month Euribor (September 2026)
3.247%
+0.293 on August 2026
Variable margin
0.90% – 1.75%
over Euribor
Indicative variable rate
4.15% – 5.00%
Euribor + margin
Non-resident fixed
2.80% – 3.90%
10–25 year products
Planning a Marbella, Estepona or Sotogrande purchase from the US? Our guide to Spanish mortgages for American buyers includes an illustrative Marbella resale calculation and explains how dollar income and US-applicant checks affect finance planning.
Worked example
Recalculated with rates published
An international buyer purchasing a €500,000 resale property in Costa del Sol with a 65% LTV non-resident mortgage. With 12-month Euribor at 3.247% (September 2026), the €325,000 loan over 25 years currently costs between €1,742 and €1,899 a month on a variable rate, or about €1,601 on a mid-band fixed rate.
| Item | Amount |
|---|---|
| Deposit (35%) | €175,000 |
| Andalucía transfer tax (ITP) | €35,000 |
| Notary, registry and legal fees (indicative ~2%) | €10,000 |
| Total cash needed | €220,000 |
| Mortgage at 65% LTV | €325,000 |
| Product | Rate | Monthly repayment |
|---|---|---|
| Fixed (mid-band) | 3.35% | €1,601 |
| Variable, lowest margin | 4.15% | €1,742 |
| Variable, highest margin | 5.00% | €1,899 |
Transfer tax: 7% flat, using the published headline rate for Andalucía. Andalucía replaced its old 8%–10% sliding scale with a single 7% rate in 2021 and has kept it since — a saving of roughly €30,000 on a €1m resale versus the previous top band. Notary, registry and legal fees are an indicative estimate, not an official figure. Official price and tax data · Data and estimates disclaimer.
Euribor: official September 2026 12-month average (3.247%) from the Banco de España / BOE. Fixed, mixta and margin bands: Clifton International lender panel, reviewed 2 November 2026; mid-points used. Indicative only — not a quote, offer or recommendation.
No obligation — a specialist replies within one working day.
Recent transactions
Published transactions from our own case study library — select any to read the full brief.
Estepona · Non-Resident Mortgage
€1.6m purchase · 70% LTV · primary residence
A 70% LTV Spanish mortgage was secured through a specialist partner for a UK tax-resident international professional relocating to a €1.6m primary residence in Estepona.
Marbella · Dutch Buyer Mortgage
€1.2m purchase · €840,000 mortgage · 70% LTV
A Dutch entrepreneur secured a €840,000 mortgage at 70% LTV on a €1.2m Marbella home, keeping capital free for his business and investments instead of buying with cash.
Marbella · Residential
€3.24m · 60% LTV · interest-only
€3.24m interest-only facility for a UK technology entrepreneur acquiring a €5.4m front-line beach villa in Marbella — application to offer in 4 weeks.
Frequently asked
The full coast — Málaga City, Torremolinos, Benalmádena, Fuengirola, Mijas, Marbella, Estepona, Casares, Manilva and Sotogrande — plus the New Golden Mile and inland villages such as Benahavís.
The Marbella–Estepona corridor (including the Golden Mile, Nueva Andalucía, Sierra Blanca and La Zagaleta), Sotogrande, and the Málaga City centre are the strongest collateral areas, but well-priced coastal property from Mijas to Manilva is readily financeable.
Yes. Non-resident lending is a core activity along the whole coast, with non-resident buyers typically able to borrow up to 65% LTV via Spanish and international lenders.
Around 35–40% cash deposit plus approximately 10–12% of the price for transfer tax (or IVA on new-build), notary, registry and legal fees.
Yes — short-term bridging is regularly arranged for off-market, auction and refurbishment purchases from Málaga to Sotogrande, typically for 6–24 months.
Yes. New-build purchases attract 10% IVA plus 1.5% AJD; mortgage financing is available on completion, and in some cases against stage payments.
Yes. Spanish and international lenders typically want 2–3 years of accounts, SA302s or tax returns; company directors can combine salary, dividends and retained profits.
Both — long-dated fixed rates, variable rates linked to a benchmark, and mixed products are all available. Current pricing is provided on enquiry.
Plan for 8–14 weeks from full application to notary, subject to a clean valuation, title and NIE. Bridging can complete in 2–4 weeks.
Yes — both are required to sign at notary and drawdown a Spanish mortgage. We coordinate NIE, bank account opening, lawyer engagement and FX alongside the finance.
Local coverage
Fuengirola, Mijas, Benalmádena, Marbella and Estepona. We also arrange property 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.
Buying in Costa del Sol? Estimate your monthly repayment on a fixed or Euribor-linked variable rate with our Spanish mortgage calculator.
Also in Costa del Sol
Bridging is often the route to securing the property; the mortgage then repays it.
Short-term bridging across the Costa del Sol for fast completions, renovation and equity release ahead of a term mortgage.
Senior development debt across the Costa del Sol — villa schemes, apartment blocks and land-led projects with staged drawdowns.
Before you apply
Identity and NIE, two years of income evidence, six months of bank statements, source of wealth and the property paperwork — our free checklist sets out every document Spanish lenders ask international buyers for, by applicant profile.
Also consider bridging
Non-resident Spanish mortgages typically take 8–14 weeks. Where timing is tight — auctions, off-market deals, chain-breaks or a pending home-country sale — short-term bridging can complete in 2–4 weeks and refinance onto a mortgage later.
Fast, short-term facilities for chain-breaks, auctions, off-market deals and pre-mortgage completions.
Learn moreComplete on a Spanish home before your mortgage or overseas sale is in place.
Learn moreSide-by-side decision framework covering speed, cost and exit routes.
Learn moreTypical rates, fees and worked examples for €500k–€5m Spanish bridging deals.
Learn moreCurrency exchange
Most non-resident buyers fund the deposit, taxes and fees from sterling or dollars. A 5% move in GBP/EUR between the arras contract and the notary can add thousands to your euro cost — we introduce you to a specialist currency partner who can fix your rate early.
Clifton introduces clients to a specialist currency partner and does not hold, convert or transfer client funds.
Explore the currency service
Related coverage
Where we cover
We facilitate non-resident mortgages and bridging finance across every major Spanish market. Explore the other cities we cover, or jump straight to a specific service.
Book a consultation
30 minutes with an international specialist to review the deal, confirm indicative terms and outline a clear path to completion.
Lender appetite matrix
Resale apartment / villa — appetite across every buyer profile. Indicative panel appetite reviewed July 2026 — not an offer of finance.
UK buyer (non-resident)
Standard non-resident product; sterling income accepted with a currency haircut.
Buyer guideUS buyer (non-resident)
A subset of banks accept US persons; FATCA reporting drives the shortlist.
Buyer guideUAE / GCC-based buyer
Straightforward where salary certificates and bank statements are complete.
Buyer guideEU buyer (non-resident)
Euro income removes currency risk; best published non-resident pricing.
Buyer guideSwiss / Norwegian buyer
Treated close to EU profiles once income is evidenced in CHF or NOK.
Buyer guideSpanish resident / fiscal resident
Full resident product range with the longest available terms.
Corporate / SPV purchase
Residential lending to a company is priced as commercial debt.
Buyer guideRelated 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?
A discreet, no-obligation conversation with an international specialist with deep expertise in the Spanish lending landscape for US, UAE, UK and European buyers.