Yes. A Belgian can finance a Spanish purchase either with a Spanish non-resident mortgage, usually capped around 60% to 70% of the price (Costaluz Lawyers, 2026), or by raising funds in Belgium, for instance against a Walloon property. An NIE foreigner number is required for any Spanish loan.
Belgians have two realistic financing routes into Spain, and they are not mutually exclusive. The first is a Spanish mortgage granted to a non-resident. Spanish banks lend to foreign buyers, but on more cautious terms than to residents: the loan-to-value is typically limited to about 60% to 70% of the purchase price, meaning you need a deposit of roughly 30% to 40% plus the 8% to 13% of purchase costs on top (Costaluz Lawyers, 2026). You will also need an NIE, proof of income and a Spanish bank account to run the loan.
The second route is to finance from Belgium. Many buyers release equity from a Walloon property, either by selling it or by borrowing against it with a Belgian lender, and then buy in Spain effectively in cash. This can be simpler and faster than a cross-border mortgage application, and it removes the currency and approval risk of a foreign bank. Because Easyhome operates on both sides, it can line up a Belgian sale and a Spanish purchase in sequence.
A detail that catches people out: a Spanish mortgage triggers a mandatory 10-day reflection period before the deed can be signed, and the full application often runs 8 to 12 weeks from start to completion (Costaluz Lawyers, 2026). If your reservation contract sets a tight completion date, that timeline has to be respected or the deposit is at risk. This is exactly where planning matters more than the headline interest rate.
Easyhome does not act as a lender or a credit intermediary in your place, but it helps you sequence the two markets, introduces the right specialists, and makes sure the financing timeline fits the purchase contract.
At a glance
- Route 1, Spanish non-resident mortgage: LTV usually 60% to 70% of price (Costaluz Lawyers, 2026).
- Deposit needed with a Spanish loan: about 30% to 40% plus 8% to 13% purchase costs.
- Requirements: NIE, proof of income, Spanish bank account.
- Timeline: often 8 to 12 weeks, plus a mandatory 10-day reflection period before the deed (Costaluz Lawyers, 2026).
- Route 2, finance from Belgium: sell or borrow against a Walloon property and buy in Spain in cash.
- Easyhome role: sequence the Belgian sale and Spanish purchase; introduce specialists; never invent a rate.