Buying Real Estate

BUYING a Home with a MORTGAGE in Portugal as a Foreigner 🇵🇹

Josh from ExpatsEverywhere sits down with Rafael, a mortgage broker in Portugal, to talk about how expats can obtain a mortgage for a home. They discuss what is needed, if it can be done remotely, fees, renovating, and more. After he gets the logistics, he talks to Israel, someone who used Rafael’s services. Israel explains how Rafael helped and if he’s happy with him.

Want to get in touch with Rafael? Email us at so we can introduce you!

Josh and Kalie left the US for a life abroad in 2009 and haven’t looked back. They have lived in Spain, South Korea, Saudi Arabia, Singapore, and are currently in Portugal. Yes, they realize they only moved to countries starting with the letter “S” until they spoiled that streak with their move to Portugal. Follow ExpatsEverywhere as we aim to get information to you through expat interviews, city breakdowns, expat life, travel, vlogs, and more.

We have a course to help DIY the D7 visa for Portugal. The course includes step-by-step videos, checklists, resources, recommendations, discounts, and more. It breaks down the timeline and when and how to do things, plus gives action items to keep you on task but not be overwhelmed. Check it out here:

Below are a list of other services that we use/recommend for living abroad. If you have any questions about them, feel free to email us. Some links we provide we might make a commission and you might receive a discount or promotional offer. We always try to make a deal with companies we like to create a win/win for us and YOU!

Wise (formally TransferWise) | Banking/Transfer Partner (affiliate link) Get free transfer fees (conditions apply)

SurfShark | VPN Partner (affiliate link) Get 40% off subscription at

Need your NIF and/or bank account for Portugal? Use Bordr: When you go through the process, there will be a “coupon” spot. If you use the code “expatseverywhere” then you will receive €10 off for each.

Need insurance? Use Insured Nomads or William Russell!
Insured Nomads:
William Russell:

Ling is a fun way to learn and practice a language. Use our special link:
Want something more intense? Join the journey with Portuguese with Carla:

Wanting to get your mail forwarded to you while abroad? Use Anytime Mailbox! Be sure to use this specific link when you sign up:

Are you an expat who wants help with your taxes? Use our link here for Taxes for Expats and get $25 off:

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00:00 Intro
00:37 Is it possible for me as a foreigner to get a mortgage in Portugal?
01:00 Do I need credit in Portugal?
01:24 Do I need a NIF?
01:36 Are there any other documents that I’ll need?
02:39 What age group would be eligible for a mortgage?
03:48 What are the current and historical interest rates?
04:38 Variable vs fixed rate, which one is better?
05:21 Is it important that you shop rates or do all the banks offer the same thing?
05:43 How much are your fees?
06:57 Can I repay the mortgage early?
07:30 Can you take me through the process from start to finish?
08:17 What documents are needed?
08:55 Can I purchase a property for rehab and then mortgage the total project costs?
09:46 Is the process to get this kind of mortgage really different?
10:02 What would the down payment be?
10:25 Is there anything else I need to know about getting a mortgage in Portugal?
11:33 Meeting Rafael’s Client
11:35 How did you first meet Rafael?
12:35 What was your buying process like?
14:23 How long was your process?
15:44 Did you have to verify yourself with Rafael?
17:46 What other documents did you need to show?
18:36 How much were Rafael’s services?
19:50 Were Rafael’s services worth it? Would you recommend Rafael?
21:23 Recap

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