Mortgages in Portugal

Share experience regarding ownership of property and/or living in Portugal.
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dave_is_away
CVO Newbie
CVO Newbie
Posts: 2
Joined: Thu Apr 10, 2008 1:23 pm

Mortgages in Portugal

Post by dave_is_away »

Hi

Does anyone know of any banks in Portugal which provide Equity Release Mortgages on Portuguese properties for non-residents.

I am resident in Ireland, I own a property on the Silver Coast with no debt attached to it, worth approximately 150,000 Euros, and would be looking for an equity release mortgage on it for around 70,000 Euros.

Any information appreciated.

Dave
Misty
CVO Senior
CVO Senior
Posts: 368
Joined: Thu May 25, 2006 3:50 pm
Location: Carvoeiro

Post by Misty »

I have a friend who is an independent mortgage/financial adviser over here. I could pass on his details to you if you were interested?
dave_is_away
CVO Newbie
CVO Newbie
Posts: 2
Joined: Thu Apr 10, 2008 1:23 pm

Post by dave_is_away »

Yes that would be great - send me a PM and I will send them an email

Thanks!
themoneyman

Post by themoneyman »

Thanks Misty.
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