BUYING IN PORTUGAL

* A step by step guide to buying a house in Portugal with a Portuguese mortgage
* Portuguese mortgages with PropertyFinance

A step by step guide to buying a house in Portugal with a Portuguese mortgage

1. Find out how much you are eligible to borrow by completing our quotation request form
2. Instruct PropertyFinance to apply for the mortgage on your behalf
3. Go to Portugal and find a suitable property
4. Obtain a Fiscal Number (No. de contribuinte) & open a Portuguese bank account
5. While in Portugal, sign a sales agreement
(Contrato de Promessa de Compra e Venda) & transfer the deposit with The 4Less Group’s
currency division to secure the property
6. Lender instructs valuation
7. Arrange buildings insurance. This can be provided by The 4Less Group’s insurance division
8. Lender issues a mortgage offer. The bank or Lawyer registers the deeds at the Land

Registry
9. Arrange monthly mortgage payments with The 4Less Group’s Overseas Monthly Payment Plan
10. Completion

Find out how much you are eligible to borrow