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Portugal
Portugal is one of the smallest and least developed countries in European terms but it has one of the fastest growing economies in the EU and as such, you can still obtain good value for money when purchasing a Portuguese property with the real possibility of an increase in property value.
Key Features
We offer an Interest Only option for up to 5 years of the term. The interest Only period cannot exceed more than 20% of the overall term of the loan. You will need to pay off your mortgage in full by the end of the term.
Loan Amount
Minimum loan amount 50,000 euros.
Maximum loan amount 3 million euros.
You could borrow up to 80% of the value of your property but no more than 100% of the purchase price.
Term
3-30 years.
Interest Rate
0.6% Tracker Rate margin above the base rate indexed to3 month Euribor.
Based on 3 month Euribor 4.95% + 0.6% (margin) Rates updated 7/11/08
Rates are subject to change and are for illustrative purposes only.
Contact ACAP Group here.