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The required down payment for purchasing property in Portugal can vary significantly depending on several factors, including the type of property, its location, and your status (resident or non-resident).

Here are some general guidelines:

• For residents (with income in Portugal): Portuguese banks typically require resident buyers to make an initial down payment of at least 10% of the sales price or property appraisal value + all additional fees, totaling about 20% of the entire transaction amount. This down payment can also vary depending on the bank's policy and your financial profile.
• For non-residents: If you are not a resident in Portugal, banks may ask for a higher down payment, often around 20% to 30% of the sales price or appraisal value + all additional fees. This higher amount is due to the perceived greater risk when lending to clients who do not permanently reside in the country.
• Additional costs: Besides the initial down payment, remember to account for other associated costs of buying property in Portugal, which include taxes, notary fees, property registry fees, and sometimes management fees. These additional costs can amount to about 7% to 10% of the purchase price and should also be added to the necessary down payment for the transaction.

In summary, while the required down payment may vary, it is wise to plan a budget that includes at least 20% to 40% of the purchase price to cover the down payment and various fees, especially if you are a non-resident.

For personalized advice and solutions tailored to your situation, feel free to contact our team at A Casa dos Brokers.

At A Casa dos Brokers we offer a full range of real estate loans tailored to the needs of our clients.

This includes:

• fixed rate loans
• variable rate loans
• bridging loans
• bullet loans, and much more.

We evaluate your financial situation and your objectives to recommend the most appropriate type of loan for your situation.

Real estate loans in France and Portugal have specific characteristics in terms of interest rates, duration, fees and conditions for obtaining.

At A Casa dos Brokers we have expertise in both markets and we help you understand the differences and choose the best financing for your project, whether in France or Portugal.

To obtain a mortgage with A Casa dos Brokers, you will generally need documents such as:

• Your ID card
• Your 3 last payslips
• Your recent bank statements
• Your tax notice
• Any documents related to your real estate project (reservation contract, sales agreement, etc.).

We will provide you with a detailed list of required documents based on your specific situation and project.

The eligibility conditions for obtaining a home loan vary depending on the specific criteria of each financial institution.

At A Casa dos Brokers, we assess your financial situation, debt capacity, credit history and other factors to determine the viability of your real estate project and advise you on the best financing options available.

A Casa dos Brokers is paid by the partner financial institutions with whom we collaborate.

When we help you obtain a home loan, we receive a commission from the bank or financial institution that provided the loan.

This fee is not billed to you directly and does not affect the final cost of your home loan.

We are committed to providing you with impartial and transparent advice, helping you find the best financing solution for your real estate project.

The response time to your mortgage application depends on several factors, including:

• The complexity of your file
• The availability of the necessary documents
• The processing time of the partner financial institutions.

At A Casa dos Brokers we strive to provide you with a quick response and we keep you informed of the progress of your file throughout the process.

Yes, at A Casa dos Brokers, we maintain partnerships with reputable real estate agencies in France and Portugal.

This allows us to support you not only in the search for financing, but also in the search for the ideal property to meet your needs and expectations.

Yes, at A Casa dos Brokers we also offer borrower insurance services to protect your home loan in the event of death, disability, or job loss.

We work with several insurance companies to offer you tailor-made solutions adapted to your situation and your needs.

To make an appointment with A Casa dos Brokers and benefit from personalized support for your real estate project, you can:

• Book an appointment directly by clicking on this link
• Contact us by telephone: +351 933 025 425
• Send us an email: hello@acasadosbrokers.pt.

We will be delighted to meet you and discuss your project.