Will lenders give loans if the rental property from an investment property covers the mortgage? There are two different ways to apply for a loan: As principal or secondary house As investment project (including buying or construction to sell or rent) Most of individual customers, when...
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Beira Baixa: A Hidden Gem for Living in Portugal Portugal is a country of diverse landscapes, from bustling cities to serene countryside. If you’re considering moving to Portugal and want a tranquil lifestyle steeped in history and nature, Beira Baixa might just be the perfect destination....
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Living in Portugal means better loan conditions? The major difference for who lives in Portugal is the possibility of applying for a principal house ( HPP – Habitação Própria Permanente) and that means a saving of around 1,000€ in transaction tax, regarding a Secondary House (...
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MOVING TO LISBON: A GUIDE TO WEATHER, POPULATION, FOOD, AND QUALITY OF LIFE Lisbon, the capital of Portugal, is a vibrant and historic city that has been attracting expats from all over the world. Known for its sunny weather, rich culture, and high standard of living,...
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ALOJAMENTO LOCAL In 2023 “Alojamento Local” licences were suspended in major cities and towns in Continental Portugal, including Lisbon and Oporto, by previous government, except for independent property / houses, not included in a multi-inhabitants building. They also introduced a Law that do not allow licence...
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No, you don’t need to be nor resident, nor fiscal resident , nor applying for a VISA to buy a property in Portugal. To make business in Portugal (buy properties, opening bank accounts and ask for mortgage loans, for example) you just need to have (or...
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Moving to Portugal: A Closer Look at Margem Sul and Costa Azul Portugal has become an increasingly popular destination for expats, offering a Mediterranean climate, rich culture, and high quality of life. If you’re thinking about moving to Portugal and looking for the ideal location to...
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Interest rates are starting to decrease, but Euribor (which is the market short term interest rate) is still too close to 3,7% and reducing with a slower path than expected. Promotional rates, fixed for medium term periods (from 2 to 5 years), can be a good...
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If you’re considering relocating to Portugal, you’ve likely heard of the vibrant city life in Lisbon or the stunning beaches of the Algarve. However, there’s a region that often flies under the radar but offers a unique blend of tranquility, culture, and quality of life: Alentejo....
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WHAT BANKS DO AND NOT DO TO NON-RESIDENT CUSTOMERS It is not difficult to ask for a mortgage loan in Portugal, being a non-citizen and a non-resident, but it is important to notice some specificities that exist in the process. It is not indifferent where you...
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