MORTGAGE IN PORTUGAL FOR RESIDENTS AND CITIZENS
MORTGAGE IN PORTUGAL FOR RESIDENTS AND CITIZENS
A young family of IT professionals chose a 2-bedroom apartment in Palmela, Setúbal. Half an hour from the beaches of Arrabida and an hour from downtown Lisbon.
CASE Nº1
CASE Nº1
CASE Nº1
CASE Nº1
Calculation for a young couple Case Nº1
Calculation for a young couple Case Nº1
The cost of the apartment - 110 000€
Down payment - 25% (€ 27,000)
40 year loan - 82 500€
Monthly payment - 195€
The family grew up and decided to move to the suburbs of Lisbon. The proximity to the city and the fresh air, spacious playground and swimming pool determined the choice.
CASE Nº2
CASE Nº2
CASE Nº2
CASE Nº2
CASE Nº2
CASE Nº2
Calculation for a family Case Nº2
Calculation for a family Case Nº2
Price of the house - 550 000 €
Down payment - 15% (€ 82,500)
40 year loan - 467 500€
Monthly payment - 1200€
A family decided to buy an apartment for a summer vacation in the Algarve.
Spend two or three weeks on the golden sandy beaches, and the rest of the time rent it to tourists.
CASE Nº3
CASE Nº3
CASE Nº3
CASE Nº3
Calculation of purchase for the vacation Case Nº3
Calculation of purchase for the vacation Case Nº3
Price - 200 000€
Down payment - 25% (€ 40 000)
30 year loan - 160 000€
Monthly payment - 490 €
Holiday Rental from 490€ to 910 € per week
