Mortgages for property in portugal - Includes Portuguese Residential Property

Property in Portugal - Mortgage Loans available for the majority of Nationalities for either House Purchase or re-financing for other purposes including Home Improvements.

Type of Loan: Repayment only

Property in portugal - Minimum: £ 20,000, No Maximum, but must not exceed 80% of valuation or purchase price (whichever is the lower)

Property In Portugal - Proof of Income: required in all cases (can be made up of Earned Income, Pension, Investment or Rental Income. Please note however, it is not always the case that the Lender will take all or part of these Incomes into account when determining the maximum loan available). Non-Status loans are currently not available.

Term: 5 to 25 years up to age 70
Currency: Euros and all other Major Currencies

Property in Portugal - Current Variable Interest Rate: from approx 1.50% above LIBOR on a Variable Rate basis in Sterling or from approx 0.70% above EURIBOR in Euros

Example for Euro Loans: Repayment mortgage of approx €70,000 over a period of 25 years at an interest rate of approx. 2.85% = approx €329.70 capital and interest per month = a total approximate amount payable over the term of €101,710 including capital, interest, arrangement and survey fees.

- CLICK HERE - for a foreign mortgage enquiry form for property in portugal