Simulator
Total project cost, financing, cashflow and yield: fully transparent.
Renovation, fit-out and furniture budget.
Banks typically lend up to 70% of the purchase price. It can be 80% or even 90% if you are a tax resident in Spain.
Current rates range from 2.00% to 4.00% for most applications.
Typical loan duration for a second home purchase.
Adjust the monthly rental income based on the project under consideration.
Total project cost Net
330 985 €
Property price + taxes & fees + support fees + renovation: your total outlay.
Gross price Gross
The price shown on the listing.
300 000 €
Fees and taxes at completion
Purchase support fees (excl. VAT)
Progressive tiers on final purchase price. Minimum €6,000 excl. VAT.
8 500 €HT
Mortgage in Spain
Calculation: property price × financing %.
Personal contribution
Difference between total project cost and mortgage amount.
Monthly mortgage payment
Monthly payment based on interest rate and loan duration.
Monthly cashflow
Calculation: monthly rent – monthly mortgage payment.
Gross yield on purchase price
4,8 %
Annual rental income divided by property purchase price.
Gross yield on total cost
4,4 %
Annual rental income divided by total project cost.
Check your borrowing capacity
Salary, contribution, resident vs non-resident comparison.
15 min, no commitment
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Indicative estimate. Actual amounts depend on notary and cadastral value. Madrid data, for information only.
