What it is
A mortgage secured against real property. In Spain, non-resident buyers can typically access mortgages of up to 60-70% LTV (vs 80% for residents). The purchase process requires the mortgage offer before signing the escritura; the notary must verify the buyer received and understood the FEIN (standardised mortgage information sheet). This is a core term in the Costa del Sol property purchase process and one buyers frequently encounter during due diligence.
Why it matters for international buyers
Understanding Hipoteca is part of the standard due diligence framework for any foreign buyer purchasing on the Costa del Sol. A Spanish property lawyer (abogado) will handle the mechanics, but buyers who understand the term can ask better questions and interpret advice more accurately.
This entry is reviewed by the Listyco editorial team. It is not legal advice; instruct a Spanish lawyer for your specific position. Last reviewed April 2026.