Arranging Bridging Finance in Spain

We broker Spanish bridging loans of any size and can arrange smaller deals of €100,000 and large bridging transactions of several million euros. We can broker bridging loans secured against property anywhere in Spain against either commercial or residential real estate. We work with borrowers from all over the world, and we can help you whether or not you are a UK or EU national or resident – we regularly arrange Spain bridging loans for North and South American individuals and Asian clients, for example. If you are globally mobile or an expat living in Spain, this isn’t a problem – we’ll still be able to broker a loan for you.

Spain bridging lenders write loans individually and tend not to offer fixed products like mortgage providers. The lender will look at your goals and financial position to determine how much you can borrow, rather than providing a one-size-fits-all LTV set in stone. You’ll usually be able to get somewhere in the region of 75% LTV, but what a lender will offer you might be lower if they identify more risk in the deal. We will do whatever we can to maximise what you can borrow. 

Spain bridging loans: at a glance

• Loan size: €100,000 - €10 million +
• Property: Commercial and residential, including high-value residential property, holiday homes, etc.
• Location: Anywhere in Spain with a focus on Balearics and Costa del Sol region
• Term: 2-36 months
• LTV: Up to 75%
• Borrower: Individuals, corporate entities, SPVs, trusts, etc.
• Uses: Equity release, renovation, property purchase, debt consolidation

Because bridging loans aren’t as common as a mortgage and other types of property finance, they’re something of an unknown for many people, which means they are often misunderstood as a risky lending product. Like any loan, as long as bridging finance is affordable and you use it responsibly, bridging finance presents no more risk than any other type of loan. Even though they often have an international aspect, Spanish bridging loans are no more complicated than domestic bridging loans in the UK. They are just as fast to arrange, even if you have unusual requirements for this type of finance. 

You can use Spanish bridging finance in lots of different ways. Most often, you’ll consider this type of loan if you want to purchase Spanish property quickly, using a short-term loan to generate the capital you need to buy a property. 

However, you’ll also find this type of finance ideal in other situations. Sometimes, a mortgage won’t be the right option for you: it might take too long to organise, or a mortgage might be difficult to access if you don’t have a credit footprint in Spain or the EU. Because you can draw down bridging finance in Spain quickly, you can also use this type of finance to buy a property if you can’t get a mortgage quickly enough to complete the transaction before you lose the deal or your deposit. 

You can also use Spanish bridging loans to release equity against real estate you already own in Spain. You can use the capital generated via the loan to buy property, invest, buy assets, combine other debt or as a way to generate capital from an existing real estate asset without having to sell it. 

Rates for Spanish bridging loans start at about 1% PCM, but this will depend on your plans, the risk involved in the deal, how much you want to borrow, the value of your property and your financial position. If you’re very liquid, you’ll usually get a better deal than if you don’t have as many assets or personal capital. Some lenders propose lower rates than 1% PCM, and others will only offer more. We fix bridging loan rates with lenders during the negotiation stage of the process. Rates will not change during the loan term, meaning you won’t be influenced by any potential base rate increases that occur during the period you borrow.

Spain bridging loans will also come with other costs, which include valuations, legal fees, arrangement fees and additional fees set by the lender, which usually cover their administration costs. We can talk you through what all these are when you approach us and when we have offers for you, so you know exactly what it will cost you to borrow.

In Spain, bridging lenders are generally conservative, with most offering a maximum loan-to-value (LTV) ratio of around 60–65% for residential properties. For commercial real estate or properties in less liquid markets, LTVs may be lower, often closer to 50–55%. Unlike in the UK, higher leverage options are rare, although some private lenders may consider slightly more if additional assets are pledged as collateral.

LTV calculations are based on an independent valuation (tasación) carried out by a Spanish surveyor, which ensures that the figure reflects local market conditions rather than the purchase price alone.

Bridging finance in Spain typically takes 3–6 weeks to arrange, although faster completions may be possible for straightforward cases. The key factor influencing timelines is the requirement for all property loans to be formalised in front of a notary, which adds both security and complexity.

The notary process, combined with mandatory searches at the Registro de la Propiedad (Land Registry), can slow down the process. For foreign borrowers, providing notarised and translated documentation often extends the process. Working with a broker who has experience in Spanish bridging loans can help streamline communication between lenders, notaries, and solicitors, making it easier to meet tight deadlines, such as those associated with auction purchases.

Yes, international buyers and expats can access bridging loans in Spain, but the process is often more complex than for local borrowers. Spanish lenders typically request additional documentation such as certified and translated tax returns, proof of income, corporate records (for company-owned purchases), and evidence of the source of funds.

EU and UK borrowers tend to face fewer administrative hurdles than non-EU nationals, but all foreign buyers must comply with Spain’s strict anti-money laundering requirements. Lenders are generally willing to support international investors, especially in prime locations such as the Costa del Sol, Ibiza, and Barcelona; however, preparation and strong legal representation are essential for a smooth approval process.

Most bridging loans in Spain are issued in euros, reflecting the local currency of property values and the requirements of the Spanish property registration system. However, for large transactions involving international investors, some specialist lenders may offer facilities in other currencies such as GBP, USD, or CHF.

In such cases, borrowers must carefully consider exchange rate risk and determine whether to utilize currency hedging solutions to mitigate market fluctuations. Since the property itself will always be valued and registered in euros, the borrower’s repayment plan must align with both the local framework and their foreign income or asset base.