We use first and third-party cookies for analytical and statistical purposes and to show you personalised advertisements based on a profile compiled from your browsing habits (e.g. pages visited). For more information, click on our Cookie Policy. You can accept all cookies by pressing 'Accept' or personalise your choice by clicking on MANAGE OR REJECT COOKIES.
FINANCING FOR HOMEOWNER ASSOCIATIONS
Goodbye surcharges!
Hello European Funds!
As you may know, the Next Generation European Funds are also granted to homeowner associations. A chance for a subsidy for your pending upgrade projects:
- Renovation/Retrofitting
- Accessibility
- Improvement of energy efficiency
- Digitalisation


HOMEOWNER ASSOCIATION LOANS
And how is the project financed?
The funds are paid once the work is completed but, with our loan for homeowner associations, you can get up to 100% of financing for your upgrade project.
- You can repay it in monthly instalments for up to 12 years.
- 100% online application process.
- Grace period of up to 24 months.
- If the loan is less than €300,000, there won't be any need for a notary.
- No other link to Bankinter.
- A loan for your homeowner association, whether or not you have applied for aid.
A loan to finally agree on at your next homeowners' meeting.
Would you like to know whether your renovation qualifies for aid? You can find answers to this and other questions in the same place: Tu Comunidad NextGen.
We created this portal with IESA, the group of 85% of property administrators in Spain, to help you to not get lost, to find everything, to answer all your queries.
No notary fees.
What are the sums?
How do you apply for the funds?
How do you do the maths?
It's really simple to apply for our loan for homeowner associations.
Your property administrator can help you with the process, which they can also complete through Gesfincas.net. Alternatively, you can send us your application through Tu Comunidad NextGen, or contact one of our branches if you want to discuss your application in person. Click on the link below to find out the documents you will need.
See Documents required Documents required
To apply for and formalise the loan, the following documents must be provided:
- Community Tax ID Number and photocopy of the President of the Community's ID card.
- Copy of the minutes of the homeowners' association certified by the secretary or administrator where the following is detailed:
- - Conformity to the project to be carried out by the Community.
- - Conformity for the request and future signing of the financing with Bankinter
- Certificate issued by the administrator of the Community's default in which the detail of the amounts owed by the various owners is provided.
- Last closing of accounts.
- Detailed budget of the installation to be financed.
See Conditions Conditions
- Whatever your bank.
- Repayment period: up to 12 years.
- Grace period of up to 24 months.
- No notary documents up to €300,000.
- Depreciation: monthly.
Important Information
-
Show/Hide legal text1 All financing operations are subject to analysis and approval by the Bank. Financing offered by Bankinter Consumer Finance EFC, S.A., a financial credit institution registered with the Bank of Spain under number 8832, with registered office at 12 Avda. de Bruselas, 28108 Alcobendas, Madrid, recorded in Volume 22,729, Folio 181, Sheet No. M-259543 of the Madrid Companies Register, and with tax identification number A82650672.