In short
To buy a shop, office or commercial unit in Spain, lenders typically finance around 50–70% of the valuation — less than for housing — over shorter terms, commonly 10 to 20 years. You fund the rest plus taxes and costs, and the file has to evidence the income the property generates.
Commercial finance starts with the use of the asset
Buying a shop, office, warehouse or hospitality unit is assessed differently from buying a home. The lender needs to understand who will own the property, who will occupy it and what cash flow supports repayment.
An owner-occupied unit, an investment property with a tenant and a vacant asset awaiting refurbishment are three different credit cases.
The borrower and property are assessed together
For a trading company, expect analysis of accounts, tax filings, bank movements, existing debt, shareholders, management and the effect of the new payment on the business. For an investment vehicle, rental income, lease quality, operating costs, vacancy and exit assumptions carry more weight.
The valuation is commercial, not residential. Specialised use, licensing constraints and a limited resale market can reduce lender appetite even where the agreed price appears attractive.
Prepare sources and uses
A clear financing table should show purchase price, taxes, professional costs, refurbishment, working capital, buyer equity and requested debt. It should also explain where the equity comes from and when each amount is needed.
If the business will move into the unit, include transition costs and a realistic trading forecast. If it will be rented, use the actual or supportable lease assumptions rather than an optimistic headline rent.
Terms extend beyond interest
Compare leverage, term, amortisation profile, guarantees, covenants, arrangement costs, early-repayment conditions and drawdown requirements. A loan with a lower rate can be less suitable if its repayment profile conflicts with the asset’s cash flow.
Structure the case before approaching funders
Sending incomplete information to several lenders can create inconsistent decisions. A short investment memorandum, reconciled financial model and organised data room produce a clearer process.
RCG Finance works on corporate and property-finance structures in Spain. Discuss the transaction with the amount, asset, borrower, intended use and timing.
Sources and review
Prepared by the RCG Finance editorial team (RCG 2026 S.L., Bank of Spain register of credit intermediaries no. E760) and reviewed by Rafael, founder of RCG Finance and former debt and M&A advisor at KPMG and PwC, under our editorial standards. Last source review: 8 September 2026.
Frequently asked questions
Can a company get a mortgage on commercial premises in Spain?
Yes, subject to lender approval. Terms depend on the company, property, use, cash flow, guarantees and transaction.
