Barclays Mortgage for International Clients
The easiest way to buy your house in Portugal
If you are looking for nice weather and sandy beaches, excellent food, tradition/modernity, lifestyle, moving to Portugal to live or just for holiday may be an exciting and challenging experience. Language barriers, local customs and legal procedures can create frustration. However, Barclays can help you.
Should you decide buying a house in Portugal or buying a property and building your own home, Barclays can make things easier by providing the necessary finance.
Buying a home is one of the most important investment decisions in one’s life. Bearing in mind the needs felt by those who are thinking about a new home in a foreign country, Barclays designed Barclays Mortgage for International Clients.
A mortgage product for International Clients in Portugal offering a number of benefits with the right solution at the right time, in a way that suits you best and under the following purposes: Main residence and 2nd home; building your home; home improvements.
Interest Rate: Euribor 6M + 0,75%*
Barclays finances up to 70% of the appraised value of the home, with a minimum amount of 50,000 Euros.
- Interest Rate: From Euribor 6M + 0,75%* throughout the term of the loan.
- Arrangement Fee: 0,75% (minimum of 500 Euros + VAT)
- Valuation Fee: 300 Euros (+ VAT)
- Maximum amount of the loan: 70% of the appraised value of the home.
- Maximum Term: 20 years (must not exceed the age of 75 at the end of the term)
You can make any partial repayments up to 25% of the amount in debt at the beginning of each annuity, thereby reducing the amount of the monthly instalments of the mortgage without any penalties.
Considering that the whole process of buying a house in a different country can vary greatly between countries and therefore knowing how important it is to receive good advice and individual attention, your relationship manager is at your disposal to give you fair, efficient and friendly advice.
Please call +351 217 911 484 or Print and fill in the Application Form (see below) and send it with the supporting documentation required to :
Av. República nº 50 4º