2025 Is Your Best Chance to Buy Property in Portugal?

🏡 All About Getting a Mortgage in Portugal Are you considering purchasing a property in Portugal? Whether you're exploring real estate in Portugal for a dream home or planning to invest in Portuguese real estate, we’ve got your financing covered! Kalie from ExpatsEverywhere sits down with Rafael, a mortgage broker, to discuss the important things you need to know. From understanding what can be offered to you as a foreigner in Portugal to navigating the mortgage process, our questions for Rafael will be the only resource you need for buying a property with a mortgage in Portugal. 🌏 ABOUT US Hi! We’re Josh and Kalie, expats since 2009. We’ve lived in Spain, South Korea, Saudi Arabia, Singapore, and now Portugal (we know, we broke the “S” streak 😅). Follow ExpatsEverywhere for expat interviews, city breakdowns, travel tips, and more to help you live your best life abroad! 🛂 VISAS FOR PORTUGAL DIY your move with our step-by-step courses for Portugal's D7 and Remote Worker visas. 📌 D7 Visa Course https://expatseverywhere.thinkific.com/collections 📌 Remote Worker Visa Course https://expatseverywhere.thinkific.com/collections 👌 USEFUL RESOURCES Take the hassle out of expat life with these trusted services. 💸 Transfer Cash Wise (formerly TransferWise): Get free transfer fees with this link. https://bit.ly/4hfN8Rh Spartan FX: Speak to a person for money transfers here. https://bit.ly/4gVdzfh 📺 Watch Your Shows Securely SurfShark VPN: Get 40% off your subscription here. https://bit.ly/4hhxDs4 🔒 Digital Security Aura: Free trial for identity theft protection here. https://aura.com/expatseverywhere 🛡️ Insurance Abroad SafetyWing: Get coverage for expat life here. https://bit.ly/3PEqV3L 👣 Learn a Language Ling: Practice any language with our special link here. https://ling-app.com/offer-yearly-subscription/?affiliateId=expatseverywhere Portuguese with Carla: Learn Portuguese here. https://journey.portuguesewithcarla.com/offer-collab/?ref=7 Portuguese with Leo: Get perfect pronunciation here. https://bit.ly/4ahs4b0 💌 Forward Your Mail Use World Post to stay connected here. https://worldpost.anytimemailbox.com/signup 💵 Taxes Taxes for Expats: $25 off tax services here. https://www.taxesforexpats.com/ref/239 📲 GET IN TOUCH Questions? Email us at info@expatseverywhere.com or explore our website. https://expatseverywhere.com Follow us Facebook: @expatseverywhere Instagram: @expatseverywhere Twitter: @expert_expat Patreon: Support us https://www.patreon.com/c/expatseverywhere Chapters 00:00 - Intro 00:16 - What documents do banks need to get a mortgage in Portugal? 01:00 - Can a retiree get a mortgage in Portugal? 01:09 - Do you have to be a resident in Portugal or at least have a visa to live in Portugal to get a mortgage? 01:43 - Are the rules different for foreigners buying a property in Portugal? 02:12 - Are there age limits? 03:34 - What are the interest rates like in Portugal? 04:22 - Will interest rates maintain these levels throughout the year (2025)? 04:38 - What does the whole mortgage process look like? 05:53 - What's the benefit of using a mortgage broker vs directly going to a bank? (Surprising Answer) 07:33 - How much do clients pay for your services? 08:19 - SCENARIO of a €300,000 property purchase 10:18 - Can someone get a mortgage completely remotely? 11:10 - Advice to those interested in purchasing a property in Portugal