I own a massage salon in Spain, which is operated through my Estonian company. I have established a Spanish branch, and I have been a resident in Spain since 2019.
My salon has been operating since March this year, so I do not yet have 1–2 years of financial statements, which banks typically require.
At the same time, I have been renting my current apartment for almost 5 years, and I now have the opportunity to purchase it. The total purchase price is €330,000. I have already paid €60,000 as a down payment and expect to pay an additional €70,000 before October. I would then need financing for the remaining amount.
Given that I am the owner of the company and do not yet have sufficient operating history, I would like to understand whether obtaining a mortgage is still possible under these circumstances, or if this would significantly limit my options.