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Mortgages for Portuguese Properties

Pure Portugal Ltd recommends Conti Financial Services, overseas mortgage specialists offering Portuguese Mortgages for purchasing a property in Portugal - rates from approx 4.55% in Euros.

Includes Portuguese Residential Property.

If you are considering purchasing a property in Portugal, Portuguese Mortgages are available for the majority of Nationalities for either House Purchase or re-financing for other purposes including Home Improvements.

Types of Portuguese Mortgage: Repayment or Interest only.

Minimum: £20,000, No Maximum, but must not exceed 80% of the valuation of the property.

Proof of Income: required in the majority of 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 mortgages are currently not available, but minimum documentation lending schemes for Self-Employed applicants, may now be considered on a case-by-case basis.

Term: 5 to 30 years possibly up to age 80.

Currency: Euros and all other Major Currencies.

Current Variable Interest Rate: from approx 1.50% above LIBOR on a Variable Rate basis in Sterling or from approx 0.60% above EURIBOR in Euros.

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mortgages

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. CHANGES IN THE EXCHANGE RATE MAY INCREASE THE STERLING EQUIVALENT OF YOUR DEBT. BE SURE YOU CAN AFFORD THE REPAYMENTS BEFORE ENTERING INTO ANY CREDIT AGREEMENT. THE FIGURES QUOTED ON THIS SITE ARE BELIEVED TO BE CORRECT AT THE TIME OF ISSUE, AND ARE SUBJECT TO CHANGE WITHOUT NOTICE. ANY QUOTATION SUPPLIED IS NOT AN OFFER OF A MORTGAGE.


Pure Portugal Ltd is a workers co-operative company limited by guarantee
Registered in England no: 5123198
Registered Office: 93 North Street, Burwell, Cambridge, CB25 0BB, United Kingdom.