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email article print article09E-ReAct Mortgages

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09. - MORTGAGES:           
Might you feel the need to have a mortgage on your property in Portugal we also can advise you on this. We have good contacts with bank and many mortgage lenders.

Mortgages in Portugal


Visitors to the Algarve who decide to invest in a holiday or future retirement home may be surprised in the past to find that there were fewer choices here than in their home country for obtaining a mortgage.

However the last couple of years things have changed and speed on approving loans has increased. There are many banks now who are willing to offer mortgages to Nationals as well as foreigners.

For the latter we have to make a differenation between foreigers being Resident and living in Portugal and foreigners having a second home but preferring to have a Portuguese mortage for their Portuguese property.

Besides the National banks like:

  • C.G.D. (Caixa Geral de Deposito)
 

Datum ingevoerd: 30 October 2008
Voor het laatst bijgewerkt: 31 October 2008
 
In geval van vragen of opmerkingen aangaande dit artikel? email mij

 

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