(+351) 932 224 792 
info@luznurcapital.com Estimate the monthly repayment on a Portuguese mortgage — payment, total cost and the impact of Euribor moving — built for foreign buyers.
Indicative estimates using Euribor as of 18 June 2026 — rates move daily and lending terms vary by bank. Not a mortgage offer or financial advice.
- Portuguese tax number (NIF)
- A Portuguese bank account
- Proof of income — payslips or company accounts
- Recent tax returns and 3–6 months of bank statements
- Details of existing loans and credit commitments
- Passport / ID and proof of address
Frequently asked questions
Can non-residents get a mortgage in Portugal?
Yes. Portuguese banks lend to non-residents, including non-EU buyers, though usually at a lower loan-to-value than for residents — typically 60–70% of the price or valuation, whichever is lower. Approval depends on your income, existing debt and the bank's assessment of your profile.
How much can I borrow as a foreign buyer?
Most non-residents borrow up to 60–70% LTV, meaning a deposit of 30–40% plus purchase costs. Banks also apply a debt-service rule: your total monthly loan commitments generally shouldn't exceed around 30–35% of net income.
Are Portuguese mortgages fixed or variable?
Both are available. Variable rates are priced as Euribor (3, 6 or 12-month) plus a bank spread and move as Euribor changes; fixed rates stay constant for a set period, often before reverting to variable. The calculator lets you model either.
What is Euribor and why does it matter?
Euribor is the benchmark euro interest rate that most Portuguese variable mortgages are tied to. Because it is added to your bank's spread, a rise in Euribor increases your monthly payment — which is why the calculator shows how your payment changes if it moves.
What costs come on top of the monthly payment?
The repayment shown is principal and interest only. Budget separately for mandatory life and home insurance, the bank's arrangement and valuation fees, and stamp duty on the loan (Imposto do Selo, around 0.6%), alongside the property purchase taxes.
What term can I get, and is there an age limit?
Terms commonly run 20–30 years, but non-resident terms are often shorter and linked to age — many banks require the loan to be repaid by age 70–75, which can shorten the available term for older borrowers.
Can I get a mortgage for a Golden Visa or investment property?
Financing is possible for investment and second homes, though terms and maximum LTV may differ from a primary residence. Remember the loan finances only part of the purchase — any qualifying investment threshold still applies to your own committed capital.
Do I need a Portuguese bank account and NIF?
Yes — you'll need a Portuguese tax number (NIF) and usually a local bank account to complete a purchase and service the mortgage. Both can be arranged early in the process, and we can introduce you to partners who handle this.