FAQ
Frequently asked questions
Clear answers to the most common questions about Portuguese mortgages.
Yes. Most major banks lend to non-residents with deposits typically starting at 20–40% of the property value, depending on residency status and income source.
10% for a primary residence and 20% for a secondary residence. Non-residents usually need 20–40%.
Typically 6–10 weeks from initial application to deed signing, depending on the bank, property valuation and document readiness.
Our mortgage brokerage service is 100% free for the client. We are remunerated by the partner banks.
Yes. We help you compare all rate types available in Portugal: variable rates indexed to Euribor, fixed rates for the full loan term (up to 40 years), and mixed rates — where an initial fixed period (2, 3, 4 or 5 years) transitions into a variable rate indexed to Euribor, over terms of 10, 15, 20 years or more.
The required documents typically include: ID, NIF, proof of income (recent months and recent years), bank statements, and more. We are used to handling complex profiles, including self-employed clients and international setups, so we prefer to have a meeting first and provide a personalised checklist based on your situation. As a non-resident, you will also need a Portuguese NIF number to start the application — we can help you obtain one through our partners.
Absolutely. We can assess your current loan and negotiate transfers to obtain a lower rate, longer term or improved insurance package.
We work fluently in English, Portuguese and French.
Yes. Portuguese banks lend to non-residents regardless of where they live, subject to lower LTVs and more documentation.
Yes, in practice. The instalments are collected from it, and it is where the loan is released.
Not necessarily. Most steps can be handled by power of attorney, including the deed.
Yes, but the file is assessed differently and the documentation is heavier. How income is recognised varies significantly between banks.
No. Financing and immigration are entirely separate processes.
Yes. Early repayment charges are capped by law — lower on variable-rate loans than on fixed-rate ones.