Crowdlending in Spain
Spain is one of the more active crowdfunding jurisdictions in Europe, with a domestic regulator (CNMV) that has supervised the sector since 2015 and a deep pipeline of real-estate, hospitality and SME deals. Most Spanish platforms have re-licensed under the European Crowdfunding Service Provider regulation (ECSPR), which gives them an EU passport and harmonised investor disclosures.
The country is particularly strong in real-estate crowdfunding — bridge loans, refurbishment financing and small developments in Madrid, Barcelona, Málaga and the Balearics. Yields advertised in this segment commonly fall between 8% and 11%.
What to consider as a non-Spanish investor
Spanish-source interest may be subject to local withholding tax unless your tax treaty mitigates it — always check the platform’s tax-residence form. Many platforms publish documents and customer support primarily in Spanish, with partial English coverage; the reviews below flag English-language quality.
Composite of verified investor reviews, editorial review and regulatory standing.
Frequently asked.
Are platforms with CNMV licence safe for Spanish residents?
CNMV supervision under the ECSP regulation covers conduct, disclosure and capital requirements. It does not guarantee loan performance — a CNMV licence means the platform plays by EU rules, not that your money is protected.
How are crowdlending returns taxed in Spain?
Returns are taxed as rendimientos del capital mobiliario at the savings-income brackets (19 %, 21 %, 23 %, 27 %, 28 % in 2026). Most foreign platforms do not withhold automatically — investors must declare in their annual IRPF return.
Do I need to file Modelo 720 for foreign crowdlending balances?
If your aggregate foreign assets (including crowdlending balances) exceed €50,000 at the cut-off date, you are required to file Modelo 720. Consult a tax advisor for specifics.