Can I get a mortgage with a Spanish bank? What is the required deposit?

Yes, we can help you apply for a mortgage with a Spanish bank. We have agreements with local banks in Spain to receive such applications from Kuwait nationals and residents.The required deposit for non-residents is usually 30% of the property value.The minimum deposit is generally 30% of the property value, and can be higher depending on your personal finances.

What is the required deposit to get a mortgage loan in Europe?

The minimum deposit is generally equivalent to 30% of the value of the property for non-residents. This percentage can go up depending on the value of the property and your own personal finances.

What are the annual mortgage interest rates in Europe?

This depends on each country, but as of February 2026, they vary between 3 and 4 percent, compared with 6 to 7 percent annual interest rates on mortgages with Kuwaiti banks.

What taxes do I pay on top of the property value?

Additional costs such as stamp duty, notary, registration and legal fees generally range from 7 to 13 percent of the property value, depending on the country and property type.

What is the required documentation to buy a property in France and Spain?

Records showing the origin of the funds used to make the purchase (e.g. salary, inheritance, dividends…etc.). Spain: tax identification number for foreigners – this can be easily obtained with the respective consulates in Kuwait.

Once I buy my property in Spain or France, what taxes and other costs should I expect to incur on an annual basis if I do not rent my property?

Property tax (“IBI” in Spain, “taxe foncière” in France): annual tax due to local authorities for the upkeep of local infrastructure and services, and depends on various factors such as size and location of property. Garbage tax in Spain only (“Basura”): annual tax due to local authorities for the garbage collection and based on the location of your property. Tax on non-rented properties. Community fees: these are paid to the community of owners (“comunidad de propietarios” in Spain, “copropriété” in France) in your apartment block for example to manage shared areas such as swimming pool, gym, elevator, garden…etc. Utilities: water, electricity, wifi.

How much do you charge your clients?

Property acquisition: we charge a flat fee regardless of the size of the property or the time spent working on the transaction. 50% is due before we start the property hunt and 50% upon acceptance of your offer by a seller. We have a detailed rate card for the “Renovation & Upgrade” and “Property Management” services. These services are available exclusively to Sea of Sinbad acquisition advisory clients.

How are you different from a real estate agent?

A real estate agent is paid by, and works for, the seller. We are on the other side: paid only by you, with no reason to push any particular property.

Do you represent me or the seller?

We represent you, the buyer, and only ever you. We charge a flat fee agreed up front and take no commission from any seller, agent or developer. That is the whole point of an independent buyer's office.

Buying Property Abroad from Kuwait: Frequently Asked Questions

Yes, we can help you apply for a mortgage with a Spanish bank. We have agreements with local banks in Spain to receive such applications from Kuwait nationals and residents.
The required deposit for non-residents is usually 30% of the property value.
The minimum deposit is generally equivalent to 30% of the value of the property for non-residents. This percentage can go up depending on the value of the property and your own personal finances.
This depends on each country, but as of February 2026, they vary between 3 and 4 percent, compared with 6 to 7 percent annual interest rates on mortgages with Kuwaiti banks.
Upon conclusion of a sale, the buyer must factor in additional costs such as stamp duty, notary fees, registration fees and legal fees. These are generally unavoidable and vary around 7 to 13% of the property value, depending on the country and type of property.
- Spain: tax identification number for foreigners – this can be easily obtained with the respective consulates in Kuwait.
- All: records showing the origin of the funds used to make the purchase (e.g. salary, inheritance, dividends…etc.). Our role is to make the collection of these documents easy for you.
  (Banks will require more extensive documentation if you apply for a mortgage)
- Property tax (“IBI” in Spain, “taxe foncière” in France): annual tax due to local authorities for the upkeep of local infrastructure and services, and depends on various factors such as size and location of property.
- Garbage tax in Spain only (“Basura”): annual tax due to local authorities for the garbage collection and based on the location of your property.
- Tax on non-rented properties.
- Community fees: these are paid to the community of owners (“comunidad de propietarios” in Spain, “copropriété” in France) in your apartment block for example to manage shared areas such as swimming pool, gym, elevator, garden…etc.
- Utilities: water, electricity, wifi
Getting started is simple. Reach out through our whatsapp or contact form and schedule a free 30-minute consultation. We will walk you through the next steps and answer any questions along the way.
- Property acquisition: we charge a flat fee regardless of the size of the property or the time spent working on the transaction. 50% is due before we start the property hunt and 50% upon acceptance of your offer by a seller.
- We have a detailed rate card for the “Renovation & Upgrade” and “Property Management” services. These services are available exclusively to Sea of Sinbad acquisition advisory clients.
A real estate agent is paid by, and works for, the seller. We are on the other side: paid only by you, with no reason to push any particular property.
We represent you, the buyer, and only ever you. We charge a flat fee agreed up front and take no commission from any seller, agent or developer. That is the whole point of an independent buyer's office.