Prefab & Modular Home Financing in Spain
Your complete guide to financing, permits, regulations, and costs for prefab homes in Spain. Updated for 2025.
Overview
Quick Facts
- Capital:
- Madrid
- Currency:
- EUR (€)
- Language:
- Spanish
- Avg. Cost:
- €1,400-2,200/m²
Typical Timeline
- Permit Process:
- 3-6 months
- Manufacturing:
- 8-14 weeks
- Delivery & Install:
- 2-3 weeks
- Total Project:
- 6-12 months
Spain has embraced prefab and modular construction as a solution to housing affordability and sustainability goals. The country's regulatory framework supports factory-built homes when they meet CE certification and local building codes.
Financing in Spain is available through both traditional banks and innovative platforms like TrustedBuildr. Our tokenized approach offers faster approvals and more flexible underwriting than conventional lenders.
Requirements
📋 Documentation Checklist
Personal Documents
- ✓ Valid passport or national ID
- ✓ Proof of address (utility bill)
- ✓ Tax identification number
- ✓ Marital status documentation
Financial Documents
- ✓ Last 2 years tax returns
- ✓ 3 months bank statements
- ✓ Employment verification letter
- ✓ Credit report (we can pull)
Property Documents
- ✓ Land deed or purchase contract
- ✓ Zoning approval letter
- ✓ Building permit (if obtained)
- ✓ Site survey/plans
Manufacturer Documents
- ✓ Detailed quote with specs
- ✓ CE certification proof
- ✓ Warranty documentation
- ✓ Timeline & milestone schedule
⚠️ Spain-Specific Requirements
- •Energy Certificate: Certificado de Eficiencia Energética required before occupancy
- •Insurance: Required (Seguro de Hogar)
- •Sales Tax: IVA 10% (reduced rate for new homes)
- •Foundation: Must comply with local seismic/wind codes
Process & Timeline
Pre-Approval
48 hours- →Submit application
- →Credit check
- →Income verification
- →Receive pre-approval letter
Permit Acquisition
3-6 months- →Submit building plans
- →Municipal review
- →Zoning approval
- →Building permit issued
Loan Finalization
1-2 weeks- →Full underwriting
- →Property appraisal
- →Final loan approval
- →Contract signing
Manufacturing
8-14 weeks- →Deposit payment (30%)
- →Factory production
- →Quality inspections
- →Pre-delivery inspection
Delivery & Installation
2-3 weeks- →Foundation prep
- →Module delivery
- →Assembly & finishing
- →Final inspection
Move-In
1 week- →Utility connections
- →Energy certificate
- →Insurance activation
- →Handover & warranty
Costs & Fees
| Item | Typical Cost | Notes |
|---|---|---|
| Prefab Home | €1,400-2,200/m² | Varies by size & finishes |
| Foundation | €8,000-15,000 | Depends on soil conditions |
| Delivery & Installation | €5,000-12,000 | Distance & crane access |
| Permits & Fees | €2,000-5,000 | Municipal fees vary |
| Utilities Connection | €3,000-8,000 | Water, electric, sewage |
| Sales Tax | IVA 10% (reduced rate for new homes) | On total project cost |
| Estimated Total (150m² home) | €240,000-380,000 | Includes land prep |
Financing Options in Spain
Traditional Banks
- ✓ 5.5-7.5% APR typical
- ✓ 20-30% down payment required
- ✓ 4-8 weeks approval time
- ✓ Strict income documentation
- ✗ May not understand prefab
TrustedBuildr (Tokenized)
- ✓ 4.5-6.5% APR typical
- ✓ 10-20% down payment
- ✓ 48 hours pre-approval
- ✓ Flexible underwriting
- ✓ Prefab specialists
Why Choose Tokenized Financing?
Our platform is designed specifically for prefab homes. We understand manufacturer timelines, CE certifications, and cross-border scenarios. Plus, tokenization gives us access to global capital, keeping rates competitive.
Approved Manufacturers for Spain
Module-T (Turkey)
€1,200-1,800/m² • 8-12 weeks • CE certified
View Details →Dorce (Turkey)
€900-1,400/m² • 6-10 weeks • CE certified
View Details →Spain Financing FAQs
Ready to Finance Your Prefab Home in Spain?
Get pre-approved in 48 hours. Our team specializes in cross-border financing and local regulations.