Most Spanish banks offer non residents in Spain the possibility of a home improvements loan, something which is worth considering since interest rates in Spain are generally much lower than interest rates in the UK and other EU member states.

For example Bankinter is offers home improvement loans to non-residents in Spain of up to fifty percent the official value of the property.

Application is quite straight forward. A document detailing the estimated cost of the home improvements to be carried out must be presented together with the application.