Real estate mortgage

You generally need to provide proof of income, tax returns, bank statements, and identification documents. Non-residents may also need to present additional documents, such as proof of residency and a Portuguese tax identification number (NIF).

Yes, non-residents can apply for a mortgage in Portugal. However, the terms may differ slightly from those offered to residents. Our team can guide you through the process and ensure you get the best deal possible.

The investment you make when buying a home is probably the longest-lasting and most important financial commitment you'll make in your life. When turning to financing, it is of extreme importance that you seek the advice of loan specialists who inform, help, and obtain the best alternatives and analyze with attention, down to the small details, all the proposals the Banks present. Consult and analyze all the available information, inform yourself about the variables and consider your contractual rights and duties when you decide to take on a home loan, and know what's most important when comparing the various solutions and proposals for credit alternatives.

Credit approval depends on many factors, from the employment situation of the client to their personal income, guarantees and equity. We advise using our simulator to get a general idea, or book a consultation with a Poupança no Minuto agent who can, following a quick analysis of your situation, give you a more concrete answer.

Yes, it's possible to renegotiate the terms of your loan with your bank, or transfer your home loan to another bank with more favorable conditions.

There are various types of loans for different end goals, and different goals mean diffent offers of conditions as well. The main types of home loans are: permanent privately owned property, secondary residence, rental housing, land for the construction of owner-occupied housing, garage, storage space, land without home loan, advance and other home loan.

• Fixed interest rate
  If you're looking for stability and assurance, a fixed interest rate allows you to maintain the same monthly payment throughout the entirety of your mortgage or throughout the period defined. You'll always know what amount you will pay, as you won't be dependent on the fluctuations of the market.
• Variable interest rate
  A variable interest rate could have the benefit of having an initial monthly payment that's less than the fixed rate, depending on the offer of each Bank. By choosing this interest rate, you know that your monthly payment will vary throughout the length of your mortgage, according to the indexed. Available on the market is the Euribor (Euro Interbank Offered Rate) at 3 months, 6 months or 12 months, meaning that at the periodicity of the chosen indexed your monthly payment is reevaluated and may at times be decreased or increased.


• Mixed interest rate
  A mixed interest rate allows you to start your loan with a fixed interest rate (depending on the offer of each Bank, it's possible to fix your rate for 2, 3, 4, 5, 10, 15, 20, 25 or 30 years) in which you'll always pay the same monthly payment amount for that time period, and afterward your loan will be indexed at the variable interest rate.
  In this case, your monthly payment will be revisited for the remaining length of your loan, and increased or decreased based on the rates being practiced in the market at that time.