Mortgages in Portugal

How much does it cost to maintain a house?

Buying or renting a place of your own is one of the biggest decisions you’ll ever make. Living alone brings plenty of upsides, like freedom and privacy, but it also comes with responsibilities that are easy to underestimate.We’re talking about the monthly and annual costs of maintaining a home.

Mortgage: 6 steps to take in case of divorce

Proceeding with a divorce when the couple has a joint mortgage can trigger some issues, especially at the bureaucratic level. In a country where there are approximately 17,000 divorces per year, according to data from the National Institute of Statistics (INE), it becomes essential to know what to do in these cases.

06/05/2026

Finance

Is it better to sell your house or buy first in Portugal?

Buying and selling a house in Portugal involves a fair bit of strategy.

Essential documents for getting a mortgage in Portugal: a guide for foreign buyers

Buying a home in Portugal is an exciting experience, but understanding the paperwork involved in securing a mortgage can be tricky, especially for foreign buyers.

What is TAEG in Portugal? Understanding mortgage costs for foreign buyers

If you’re planning to buy property in Portugal, you’ve likely come across the term TAEG while researching mortgages.

How to get a mortgage in Portugal as a foreigner

Getting a mortgage in Portugal as a foreigner: a complete guide

If you’re considering buying property in Portugal, understanding how to get a mortgage as a foreigner is crucial. Portugal’s appealing climate, affordable living costs, and attractive property market have made it a hotspot for expats and international buyers.

Life insurance on a mortgage in Portugal: is it mandatory to take out?

Buying a home is often a long-term commitment, especially for those who need a mortgage to make it possible.

14/11/2024

Finance

House interest rates in Portugal higher than the euro zone since October

Mortgage interest rates in Portugal higher than the Eurozone since October

In Portugal, average interest rates on new home loans have been stabilising at 4.2% since June. And in the euro area, average interest rates continue to rise, having reached 4% in November for the first time since 2009.

Interest on home loans rises to highest since April 2009

Most home loans in Portugal have a variable rate, which is why interest and instalments have been updated according to the Euribor term (3, 6 or 12 months). And they keep getting bigger.

Portugal is the most vulnerable country to rising interest rates

Portugal is the most vulnerable country in the so-called group of the world's most developed nations to rising interest rates and the discontinuation of cheap money programmes by the European Central Bank (ECB).

Mortgage payments in Portugal rose by at least 17% for half of all households in 2022

In December 2022, nine out of ten Portuguese households had their mortgages indexed to the variable Euribor rate, which is rising month by month as the European Central Bank (ECB) raises the key interest rate (currently at 3.75%).

Portuguese banks banned from charging fees on all home loans

Portuguese banks banned from charging fees on all mortgages

Portuguese banks will soon be more limited in charging fees for various banking operations. A bill approved by Parliament on Friday 14th April puts an end to the charging of abusive fees to all customers who have mortgage loans or loans for other purposes.

Is it better to buy or rent a house in Portugal in 2023?

Thinking of moving to Portugal in 2023? But Is it better to buy or rent a house in Portugal? This is the question that many people ask when moving abroad, for example.

Foreigners boost home loans in Portugal: where are they from?

The era of the cheapest mortgages ever in Europe came to an end in 2022, after interest rates on home loans on the continent rose to the highest levels in decades, due to high inflation. But this hasn't stopped the demand for mortgages to buy a house in Portugal.

Reasons to use a mortgage comparison site when buying property in Portugal

Mortgage comparison websites are the best way to find the mortgage that best suits the situation and the specific needs of consumers.

Changing your mortgage to another bank in Portugal

5 tips for transferring your mortgage to another bank in Portugal

If you own a property in Portugal, transferring your mortgage to another bank is an operation that can help you save some money and get better bank financing conditions.

From housing to energy, how inflation is impacting the cost of living in Portugal

The prices of goods and services are usually updated at the beginning of each year. But the inflationary spiral that is raging in Europe is causing this update to be brought forward.

How Portugal plans to combat rising interest rates

Rising interest rates: Government prepared to study measures in housing in Portugal

The Minister of Infrastructure in Portugal, Pedro Nuno Santos, has stated that the government is monitoring the pressure of rising interest rates on household income and is "prepared to study measures", in addition to the 2% limit introduced in the updating of rents.

Portugal mortgages: taxes and expenses to pay

When it comes to buying a house in Portugal with a mortgage, one must bear in mind that it is necessary to pay a set of expenses and taxes associated with the loan. That's why it's important to have savings available before buying a property and taking out a mortgage in Portugal.

Positive interest rates in Portugal: what is Euribor and why does it matter so much?

Euribor rates are part of the lingo that must be known by anyone who has or is going to apply for a mortgage in Portugal.

Euribor: what is it and how does it affect mortgage payments?

A rise in interest rates on mortgages is a scenario that is on the table, and the European Central Bank (ECB) has already admitted the possibility of increasing the key interest rate in 2022.

How do you know which mortgage is the best fit?

How to get the best mortgage loan without spending more money

In order to be able to buy a house, one of the most common routes both for many Portuguese and expats is a mortgage loan. Banks are increasingly willing to finance the purchase of homes, interest rates are falling, and savings are on the rise.

Can you get a mortgage for a prefab house?

Buying a prefabricated house in Portugal: what financing options are there?

When thinking about buying a property or moving house in Portugal, one of the options on the table may be purchasing a plot of land in order to build your own house.

Portuguese mortgages for non-residents

With the increase in teleworking as a result of the coronavirus pandemic, the number of people interested in moving to Portugal in search of a better climate and lifestyle has increased. As a result, there has also been an increase in requests for housing loans for non-residents in Portugal.

Getting a mortgage in Portugal as a foreigner

Even though Portugal is still in the midst of the coronavirus pandemic crisis, banks continue to be willing to finance house purchases, and along with low interest rates, now could be the perfect time to buy a property and take out a mortgage in Portugal.