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Portugal´s most popular destination by far is the Algarve. A lush region full of mountains traversed with rich valleys. The Algarve is a popular destination for tourism, primarily because of its clean, warm water beaches, Mediterranean climate, safety and relatively low costs.
Variable, and Fixed mortgages available
Non-status loans are not available
Full status mortgages need to be supported by a minimum requirement of proof of income: If you are employed, you will need to produce, your last six months payslips, P60/employers reference and your last 6 months Personal bank statements.
If you are self-employed you will need copies of your Audited Accounts together with you last 12 months business, and 6 months personal bank statements.
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Your Portuguese Mortgage is based on affordability. All existing liabilities including any mortgage/rent payments, personal and bank loans and any maintenance (ie: Divorce) payments together with your proposed Portuguese mortgage payments must not exceed 40% of your net monthly income.
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* Max age 65
* Max 75% LTV
* Min loan TBA
* Rates from approx 4.50% Euro Variable
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* Maximum Term 25 years
* Currencies: Euros, GBP or other Major currency only
* Repayment & Interest only
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Apply Here: We use Conti Financial to help arrange your mortgage. Please complete their enquiry form and supply as much information as possible to help them to find you your ideal mortgage in Portugal or any other country.
Think carefully before securing other debts against your home. Your home or foreign property may be repossessed if you do not keep up repayments on your mortgage.
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