frequently asked questions
We make the process simple and transparent:
- Step 1 – Schedule a consultation.
- Step 2 – Provide documents for eligibility assessment.
- Step 3 – We secure the best offers and submit your application.
- Step 4 – Conditional approval and property valuation.
- Step 5 – Final approval and issuance of mortgage.
Absolutely. In most cases, mortgage transfers in Portugal are free of charge. This allows you to secure better interest rates and terms without incurring additional costs. It’s an excellent way to lower monthly payments or improve financing conditions.
When applying for a mortgage in Portugal, clients should expect the following expenses:
- Property Valuation Fee (Comissão de Avaliação) – Paid to the bank for property appraisal.
- Study Fee (Comissão de Estudo) – Administrative fee for loan analysis.
- Property Transfer Tax (IMT – Imposto Municipal sobre Transmissões Onerosas de Imóveis) – Government tax on property purchases.
- Registration Fee (Registo) – Cost of registering the property with the land registry.
- Deed Fee (Escritura) – Notary/public deed expenses.
Yes. If you already own the land, you may qualify for up to 100% financing of construction costs. If you are purchasing land, financing is available for part of the land cost plus phased construction funding. The maximum construction period is usually two years, with interest-only payments during this time.
We provide financing solutions for permanent residences, secondary homes, self-build projects, investment properties, and luxury real estate. We also assist with refinancing, mortgage transfers, real estate leasing, and cash pledge options.
You can borrow up to 90% of the total purchase price for a permanent residence. For secondary homes, financing is typically available between 70% and 80%.
- Variable Rate – Linked to the Euribor plus a spread; monthly payments fluctuate with market changes.
- Fixed Rate – The interest rate remains the same for the entire contract period, ensuring predictable monthly payments.
- Mixed Rate – Starts with a fixed period (usually 2–10 years), followed by a variable rate for the remaining term.
Yes. We specialize in exclusive lending solutions for real estate investors and high-net-worth clients. Our team tailors strategies to maximize investment potential, optimize loan structures, and secure competitive terms for premium properties.
Real estate leasing allows you to acquire property while preserving capital. It offers structured payments and potential tax benefits, making it suitable for both residential and commercial properties.
A cash pledge uses liquid assets as collateral to secure better loan conditions. This can help reduce interest rates and increase flexibility, without losing access to your capital.
Passionate – Dedicated – Professional
Trusted Mortgage Advisors
you are in safe hands with Blessed Mortgages, we have decades of experience and are here to help you.
Expert Guidance
Over 15 years of experience helping overseas buyers navigate the Portuguese mortgage process.
Tailored Solutions
Access to exclusive mortgage deals from a wide network of lenders to find the best fit for your needs.
Seamless Process
We handle the entire process, from application to approval, ensuring a stress-free experience.
As a UK company director, I needed a mortgage in Portugal with a tight deadline, and I couldn’t have asked for a better advisor. The process was made incredibly easy from start to finish, with expert guidance every step of the way. Rui was always available to answer my questions and went above and beyond to secure my approval on time. I highly recommend their services to anyone looking for a smooth and stress-free mortgage experience in Portugal.
Shay Keogh – UK