Financing

When assessing your real estate project, the question of financing may arise—is it better to borrow in your home country or in Portugal? Both options are available, and today, you have the tools to compare and choose the best solution for your situation.

The first step would be to contact your bank, as they have a good understanding of your financial situation. Typically, rates may be more favorable there. However, your banker will require guarantees in your country of tax residence, such as non-mortgaged real estate assets or financial holdings, as they usually avoid taking collateral on a property located in Portugal.

Nevertheless, many foreign banks are also represented in Portugal, as well as Portuguese and Spanish banks in your country. This allows you to benefit from attractive interest rates in your home country while using your property in Portugal as collateral or opting for a loan guarantee that some banks offer as an alternative to a mortgage.