Mortgages on offer


Below you find details about the various mortgage types that are offered by the Portuguese lenders:

Acquisition mortgage

If you wish to purchase your dream home in Portugal our qualified advisors will provide you with the best possible financing solution that suits your criteria.

Mortgages for acquisition purposes are offered by all the major Portuguese lenders to private individuals purchasing a property with a habitation license.

The banks offer loan terms of up to 50 years for residents and 30 years for non-residents. The maximum age upon maturity of the loan is 70 or 80, depending on the lender.

The maximum borrowing varies from 60 - 80% of the acquisition price/valuation price, depending on the lender.

Acquisition mortgages are available on a variable rate or fixed rate basis.

The early redemption penalty for a variable rate acquisition mortgage is 0.50%. For a fixed rate acquisition mortgage the early redemption penalty is fixed at 2% during the fixed rate period, reverting to 0.50% thereafter.

For an indication of the monthly repayment cost please consult our mortgage calculator.

Construction loan

If you own a plot of land in Portugal or wish to renovate your existing property, we will assist you in obtaining the best possible conditions of a construction loan.

Constructions loans are offered to private individuals that own a plot of land with a valid, approved building project for habitation purposes. Most banks finance 100% of the construction cost and the funds will be released in various stages throughout the building process. The maximum term for the construction is generally 2 years during which the loan is on an interest only basis.

Equity release mortgage

Equity release mortgages are offered to clients that already own a property in Portugal and wish to release some funds from the property. In the current market environment it has become more difficult to release funds from your existing property and rates are higher than for a standard acquisition mortgage.

Mortgage transfer

If you have an existing mortgage facility in place we can analyse your current conditions and advice on benefits of other products.

A re-mortgage can be of interest if your current rate is higher than offered by other lenders or if you wish to amend the current loan term.


Please find more information on the following subjects:-

+351 289 369 058