Buying your dream home in Portugal can be far easier than you think.
To begin with the interest rate is much lower than the UK with interest rates at only 0.375% to 1.5%. And obtaining a mortgage is a relatively straightforward affair. Prime Properties, in conjunction with the highly reputable specialist mortgage-broker, Anglo Portuguese Mortgages, can help you get the mortgage that’s exactly right for you.
Because of the low interest rates, there's a growing demand in and around the Algarve. Many buy-to-let investors in the UK are now turning to Portugal because of the fantastic value it currently offers.
For other buyers, who just want a holiday home of their own, a mortgage is the means of securing their place on the holiday property ladder. In fact, some of our buyers pay the mortgage with the income received from summer lettings, and then come to Portugal in the winter to escape the cold of Northern Europe. And don't forget that over the years your property will save you a fortune on holiday costs.
Prime Properties works closely with Anglo Portuguese Mortgages to ensure your property purchase runs smoothly and you can secure your dream home. As an independent company, Anglo Portuguese Mortgages are able offer you a choice of mortgage packages from a number of different lenders. Funding is available for both residents and non-residents.
You can download and print-off the information sheet about Anglo Portuguese Mortgages. Many of our clients have used them to help purchase their home. Anglo Portuguese Mortgages will be able to advise you on the most suitable mortgage for your needs and the most attractive package from a lender.