Frequently asked questions regarding finances when buying a home in Portugal.
Normally, Portuguese mortgage can be fixed for 5, 7 or 10 years.
There is no legally stipulated loan ceiling. Mortgages of 60–80% of the property value are most common, depending on the bank chosen.
It depends on the size of the sum being borrowed. Normally, in Portugal it costs approx. 1100 euro.
We recommend that you open an account with a Portuguese bank and set up autogiro payments and internet banking. Many Portuguese banks operate internet banking in English.
In Portugal the property tax cannot be paid through direct debit but can be paid through internet banking.