Mortgages in Portugal

Mortgages in Portugal: how it works, step by step

We help you get a mortgage in Portugal with expert advice and financing for residents and foreigners. Our English-speaking experts guide you through the whole process.

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Is it hard for foreign buyers to get a mortgage in Portugal?

Getting a mortgage in Portugal can seem complicated, especially if you’re new to the system. Foreign buyers often struggle with banking rules, high interest rates and complex paperwork, and many banks hesitate to approve mortgages for non-residents.

That’s why we’re here — to guide you through the entire process. Our team matches your case to the right lender among the nine banks and lenders we work with, so you can buy with confidence and stress-free. See how it works if you’re buying as a foreigner or non-resident.

What we finance

Mortgage solutions for every goal

Home loan

Buying a house or apartment in Portugal? Get a tailor-made mortgage that fits your financial needs.

Financing for residents & foreigners

Whether you live in Portugal or abroad, we find the right mortgage for your needs.

Building, renovating, releasing equity or refinancing? See our other mortgage solutions →

The Portugal Mortgage advantage

Why buyers choose us

Saving money

Use our services at no cost — we are paid by the bank, not by you — and our experts tell you what conditions you can realistically expect, always subject to bank approval.

Saving time

An optimised credit search, from your first simulation to the final deed, streamlines the whole process.

Simplifying the process

We manage every detail so you don’t have to, ensuring a smooth and stress-free experience.

The journey

Your mortgage journey, step by step

A transparent path with clear timelines at every stage.

Initial consultation

Day 1

A comprehensive discussion about your goals, financial situation and property aspirations. You meet your dedicated advisor — your single point of contact throughout the process.

Free consultationDedicated advisorNo obligation

Secure document collection

2–5 days

Clear guidance on which documents are needed and why. All information is transmitted through secure, GDPR-compliant channels (phone, WhatsApp, email, Google Meet).

GDPR-compliantInstant confirmationMultiple channels

Financial profile to the bank

4 hours

Our team reviews your complete financial profile and prepares a comprehensive dossier, optimised to present you in the best possible light to banks.

Expert reviewOptimised dossierBest-light presentation

Collect the banks’ offers

5–10 days

We present your checked file to the right lenders among the nine banks and lenders we work with in Portugal, through experienced, dedicated managers at each. A case prepared by a Banco de Portugal-registered credit intermediary arrives at the bank complete and checked.

9 banks and lendersDedicated managersChecked file

Proposal presentation & selection

1–3 days

We present detailed proposals, clearly explaining the advantages and considerations of each. You make an informed decision based on expert guidance.

Side-by-side comparisonClear guidanceYour decision

Finalization & completion

10–20 days

We coordinate all documentation and liaise with the bank and notary. Our representative attends the deed signing to verify every condition matches the approved offer.

Notary coordinationDeed signingFinal verification

What you’ll need

Passport & Portuguese NIF (all stakeholders)
GDPR consent declaration (signed)
Latest IRS statement
6 months of salary receipts / pay slips
6 months of bank statements (all accounts)
Proof of employment / work contract
Credit score document (Banco de Portugal, Experian, etc.)

Mortgages in Portugal

What buyers ask before applying

Can foreigners get a mortgage in Portugal?+

Yes. Portuguese banks lend to residents and non-residents, including buyers with income in another currency, subject to each bank’s criteria. Non-residents should plan for a deposit of 20% to 30% of the purchase price, depending on the bank and the profile, always subject to bank approval. See mortgages for foreigners and non-residents.

Can EU citizens get a mortgage in Portugal?+

Yes. For the bank, what matters most is tax residency, income and its currency, not nationality. An EU citizen living abroad is assessed as a non-resident; one living and earning in Portugal is assessed as a resident.

Do I need to live in Portugal to get a mortgage?+

No. We coordinate the whole process remotely. The deed needs you or a representative with a power of attorney.

How much deposit do I need?+

As a non-resident, plan for 20% to 30% of the purchase price. Residents with Portuguese income usually need less. Taxes and purchase costs come on top. See how much deposit you need.

How long does mortgage approval take in Portugal?+

Typically around 6 to 8 weeks from start to deed, depending on how quickly documents are provided and the property valuation is scheduled.

Testimonials

What our clients say

★★★★★ 4,7/5 average rating

Joao, Paulo and the rest of the team have been absolutely amazing. Being a foreigner who does not speak the language, I would have been lost without them. Best of the best service you can hope for.

Victor Levy

Had the best experience! João Almeida Gonçalves has been a tremendous help in our quest for a real estate property in Portugal. We did the whole consultation online, which worked just perfect.

Svenja Engelhard

João is simply the best. He was lightning-quick, delivered me a spreadsheet of options within a day, and smoothly navigated getting me to a far better financial situation.

Heather El