DISCOVER Portugal's SECRET to Affordable Mortgages

Рет қаралды 12,883

Күн бұрын

Buying a property in a different country can be scary. There are a lot of questions to consider. One of the biggest things to think about is financing. If you're looking to get a mortgage then this information is vital. Rafael runs you through the steps of getting a mortgage in Portugal and the best part is, you don't pay him to do this! As a mortgage broker, he helps you find the best bank that will work for you for your financial situation and his payment comes from the bank you choose. So you can rest assured that he will get you the best deal and guide you through the whole process.
Want to get in touch with Rafael? Email us at info@expatseverywhere.com and we will introduce you!
* ABOUT US *
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.
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Пікірлер: 121

@moward301 Жыл бұрын

This video came out at the perfect time. This is a great, in-depth view into the Portuguese property purchasing and financing experience. Everything I would need to know was covered. In fact, it answered many of the questions I personally needed answered. As usual, you don't disappoint! Thanks guys!❤

@ExpatsEverywhere Жыл бұрын

Thanks, Mo. we’re really glad you liked it and found value in it. Rafael has been an awesome resource for us.

@rafaelfonsecaportugal. 3 күн бұрын

Check out our most recent interview with updated information for securing a mortgage in Portugal in 2024/2025: kzfaq.info/get/bejne/a5lhq7qrzt-0h3k.html

@suebowman7258 Жыл бұрын

Rafael Fonseca is knowledgeable, great communicator, and he looks out for his clients! Josh, thank you for this awesome video!

@euricojose3576 Жыл бұрын

@@rafaelfonsecaportugal Olá Rafael! Tem contacto com estrangeiros que tenham interesse em adquirir imóveis/moradias em Setúbal? Cumprimentos.

@ExpatsEverywhere Жыл бұрын

;-) Thanks for watching, Sue. We hope you're doing well. 🙏 - Josh & Kalie

@flaviamitkiewicz3125 Жыл бұрын

Excellent! The best mortgage broker in Portugal ever!!👏🏻👏🏻👏🏻👏🏻

@ExpatsEverywhere Жыл бұрын

Thank you. We agree! - Josh & Kalie

@rodrigosobreira7810 Жыл бұрын

Can't be clearer than that. Congrats to Rafael for the recognized work he's been doing 👏👏👏

@ExpatsEverywhere Жыл бұрын

Yup. He's not a top 3 producer in the country for nothing, right? - Josh & Kalie

@Vuk_Stajic Жыл бұрын

Rafael is great to work with and has a solid team around him!!

@ExpatsEverywhere Жыл бұрын

100% We have taken advantage of that team too. - Josh & Kalie

@marcusviniciussilveira637 Жыл бұрын

Great professional. I bought my apartment in Portugal with Rafael and he is a professional you can rely on

@francisphenry Жыл бұрын

We agree!

@ExpatsEverywhere Жыл бұрын

Sweet! Really glad to hear that, Marcus! - Josh & Kalie

@eubrunofonseca Жыл бұрын

Thanks Rafael!

@ExpatsEverywhere Жыл бұрын

Thanks for watching, Bruno. - Josh & Kalie

@CRYPTOFreeClub Жыл бұрын

This is the best mortgage broker in Portugal by far. Amazing knowledge, he knows how to deal with all aspects of the buying process and has a strong team by his side. Firmly recommend it. Josh, amazing video! Thank you.

@ExpatsEverywhere Жыл бұрын

Thanks for watching and commenting. 💪 - Josh & Kalie

@realpilotsim Жыл бұрын

This gentleman Mr Rafael Fonseca I do strongly recommend

@rafaelfonsecaportugal Жыл бұрын

Thank you Gustavo!

@rafaelfonsecaportugal 10 ай бұрын

Documents needed for the MORTGAGE: Passaport, Tax Return, 3 last paystubs, bank statements and Credit Report. Marriage certificate (if necessary) and NIF (Fiscal number in Portugal) that you can send it later to the banks. If you are married the banks will also need your partner´s documents listed above.

@user-gk4vt3sh1l 7 ай бұрын

Ola Rafael, how can I get in touch with you? Obrigado

@terrisokolow7796 Жыл бұрын

Always useful information! Great video, Josh!

@ExpatsEverywhere Жыл бұрын

Thank you very much, Terri! - Josh & Kalie

@quoiquedon7002 Жыл бұрын

So helpful! thank you very much for this video clip!

@ExpatsEverywhere Жыл бұрын

Awesome! Thank you for watching. We're glad it was helpful. - Josh & Kalie

@mariaceciliacorreialeite9758 Жыл бұрын

Rafael has a lot of experience and competence! Congratulations 1:17

@ExpatsEverywhere Жыл бұрын

Agreed! - Josh & Kalie

@ricomorgado Жыл бұрын

A lot of valuable information here. Thanks!

@ExpatsEverywhere Жыл бұрын

Thanks, Ricardo! - Josh & Kalie

@patrickgould-mj9lc Жыл бұрын

Being a senior, I am curious of comments on age limits for obtains a mortgage.

@ExpatsEverywhere Жыл бұрын

There are limits. Have you connected with Rafael? - Josh & Kalie

@johnnybermudez Жыл бұрын

Amazing video. So helpful thanks to you both and your guest. So insightful! 🙏🏼

@rafaelfonsecaportugal Жыл бұрын

Thank you Johnny!

@ssrajput7316 Жыл бұрын

Another great video and follow-up to the video with Rafael from last year! It’s perfect timing for my upcoming scouting trip! 👏 Thank you!

@ExpatsEverywhere Жыл бұрын

So great to hear that the timing of this one is good. Have a great scouting trip! - Josh & Kalie

@dkkeyz8815 Жыл бұрын

Looking forward to this one!

@ExpatsEverywhere Жыл бұрын

Woooo! - Josh & Kalie

@Marceloparanhos10 Жыл бұрын

Congrets Rafael very clear robust knowledge.Awesome job!!

@rafaelfonsecaportugal Жыл бұрын

Thank you Marcelo

@22783108 Жыл бұрын

Congratulations buddy!!! you rock!!!!

@ExpatsEverywhere Жыл бұрын

Thanks for watching. - Josh & Kalie

@Gpepp8401 Жыл бұрын

Winston is very wise, thank you for the message. I’ve been looking to birds for guidance lately.

@Luanavit22 Жыл бұрын

It’s been great to work with Rafael. Very professional and knows a lot about the Portuguese real estate market, and rules. Congratulations, Raphael! I wish you even more success in the future.

@rafaelfonsecaportugal Жыл бұрын

Thank you Luana 🎉

@AfonsoMartins78 Жыл бұрын

Rafael is a great guy!

@rafaelfonsecaportugal Жыл бұрын

Thank you Afonso for your support!

@izzykatz5193 Жыл бұрын

Great video!

@ExpatsEverywhere Жыл бұрын

Thank you. 🙏 - Josh & Kalie

@rtortima Жыл бұрын

Nice ! Amazing Booker.

@rafaelfonsecaportugal Жыл бұрын

Thank you Raul!

@theodorearaujo971 Жыл бұрын

What are the legal malpractice laws like in Portugal?

@cherubicanh7027 Жыл бұрын

Wonderful broker! We did everything remotely and Rafael and his referred lawyer Emilia were amazing!

@ExpatsEverywhere Жыл бұрын

Agreed! Nice. Emilia helped us open a bank account while we were on a cruise and couldn't go to the branch in person. I'll be explaining all that in our series "Vertical Community Venture". - Josh & Kalie

@cherubicanh7027 Жыл бұрын

@@ExpatsEverywhere yes! She closed on our Porto apartment for us as we are still in the states. She’s amazing❤️

@sappir26 10 ай бұрын

Can I have Emilia's contact info? I'm looking for a good lawyer. Thanks.

@richvangogh Жыл бұрын

Hello Josh and family, This was great! I am getting closer to buying my first property in Portugal. I am looking at some cheap little farms, I think I want to be a Cherry Farmer! I can do 20% no problemo! Please keep going! Want to show some farm properties? Hope all is well, Rich VanGogh

@rafaelfonsecaportugal Жыл бұрын

Thank you Rich for your support! We will be here when you need our help.

@user-uw3kn2db5c Жыл бұрын

Great presentation, thanks! What would be also worth to mention - supplementary payments like life insurance, it could be another 1000-1500 euro/year

@rafaelfonsecaportugal Жыл бұрын

Yes it is true but nowadays we can find today great banks that can waiver the life insurance.

@user-rc7re5xw3b Жыл бұрын

Congratulations

@ExpatsEverywhere Жыл бұрын

Thanks. - Josh & Kalie

@rebeccagutierrez1960 11 ай бұрын

It is NEVER a bad time to invest in real estate!!! The best time is NOW! That will always be the case.

@mydogsmells1733 Жыл бұрын

I'm very ignorant of the mortgage process outside of the US so found this video to be very informative! Am I the only one who thinks Rafael looks like George Clooney?

@ExpatsEverywhere Жыл бұрын

We were too when we started the process. 😅 I can see it. - Josh

@FoodHuntress00 Жыл бұрын

How can I reach out to Rafael the Senior Mortgage broker?

@ExpatsEverywhere Жыл бұрын

Email contact@expatseverywhere.com and we’ll introduce you.

@valsummerfield3069 Жыл бұрын

This has been very helpful thank you. However, I'm sad to learn passive income (like from an annuity) would not qualify for a loan.

@rafaelfonsecaportugal Жыл бұрын

Thank you Val. If you want I can check to see if it works. Kind regards

@valsummerfield3069 Жыл бұрын

@@rafaelfonsecaportugal Thank you Rafael.

@ExpatsEverywhere Жыл бұрын

Hi Val, thank you. Yeah, see with Rafael if your income works. He'll be really up front. - Josh & Kalie

@sportinguista09 10 ай бұрын

I love listening to realtors. It’s ALWAYS a good time to buy and a good time to sell. 🤣

@ExpatsEverywhere 10 ай бұрын

TBF, there was only one realtor there. Yes, all of them are in the real estate industry but it wouldn't make much sense for us to talk to a used car salesman about home buying either. - Josh & Kalie

@PapaVorPutin 10 ай бұрын

This was beautiful, it answers so many questions!!! Thanks!!!

@ExpatsEverywhere 10 ай бұрын

You are so welcome! We're glad that it was helpful. - Josh & Kalie

@gisafabiano Жыл бұрын

The mortgage broker that REALLY offers the best solutions to his clients!

@ExpatsEverywhere Жыл бұрын

He's our guy! - Josh & Kalie

@capt.miguelresendez5238 9 ай бұрын

What is the minimum amount that a bank will finance? We are looking for a small second residence. Thank you!

@rafaelfonsecaportugal 5 ай бұрын

The banks can finance up to 80% of the property

@realtick Жыл бұрын

If you’re buying a property as a secondary home (US Passport), how does that impact the down payment (percent required)?

@rafaelfonsecaportugal Жыл бұрын

HI Realtick. For seconday house it would be the same (minimum) 20% downpayment and same interest rates. Remember the secondary house is allowed to be rented and explored as an investment.

@martinaston1715 Жыл бұрын

Golden Visa. Is no more so that cash cow is gone,if interest rates rise then property will come down

@ExpatsEverywhere Жыл бұрын

Golden Visa isn't gone yet. They're still being processed and nothing is finalized. - Josh

@karinaoliveira3988 Жыл бұрын

Hi Josh, can Rafael and Emilia the attorney help us buy a property in the algarve as well? Or is it only in Porto region? Thabks

@rafaelfonsecaportugal Жыл бұрын

Sure Karina. We don’t have geographical limits. We can cover all portuguese territory. Thank you

@karinaoliveira3988 Жыл бұрын

@@rafaelfonsecaportugal hey Rafael tudo bem? Vou enviar um e-mail para você ok. Obrigada

@rafaelfonsecaportugal Жыл бұрын

@@karinaoliveira3988 OK Karina.

@dermadawg 11 ай бұрын

I have US Social Security and a government pension, is this acceptable?

@ExpatsEverywhere 10 ай бұрын

Yes, and you can speak to Rafael about your prospects of getting a mortgage but we know of people that have gotten a mortgage with social security payments. Email me at contact@expatseverywhere.com if you'd like to be connected with Rafael. - Josh

@cassiofonte8172 Жыл бұрын

Is the aerial view supposed to be from Portugal? That's Porto Alegre, Brazil. Sloppy stock footage search? 😂

@ejikemeonuoha3272 7 ай бұрын

What is the age limit for purchasing a house through mortgage?

@rafaelfonsecaportugal 5 ай бұрын

75 to 80 years old

@user-km1lw3zn6z 10 ай бұрын

this dude seems legit

@ExpatsEverywhere 10 ай бұрын

He is. We used him for our mortgage. - Josh

@cristinafonseca9059 Жыл бұрын

How can I reach out to Rafael?

@ExpatsEverywhere Жыл бұрын

Hi Cristina, email Kalie at info@expatseverywhere.com and she can introduce you. - Josh & Kalie

@laurap.5804 3 ай бұрын

Hi Josh yes I can confirm that I bought an apt in 2021 and now I could dell it double the price!! Of course I dont as I love it:) i have a question for your Guest: I have a variabile with Santander , I am a reformed italian now 61 yo. Could he help me found a bank that could give me a crédito habitação till 80 yo insted 75 like I have it now? Thanks. And also, I already have a permanent resident card Bering here near 7 years now

@laurap.5804 3 ай бұрын

Of course let me know if i have to write you an email about this

@ExpatsEverywhere 3 ай бұрын

Hi Laura, yes please, email us about this. Kalie can put you in touch if you write her at info@expatseverywhere.com - Josh

@rafaelfonsecaportugal. Жыл бұрын

👏👏👏👏👏👏

@ExpatsEverywhere Жыл бұрын

😁 👏 Thanks for all the help. - Josh & Kalie

@beaumac Жыл бұрын

This was an informative and helpful video. I’m scared about what will happen once the Portuguese government stops allowing foreigners to purchase policy. I expect it will happen in the next few since they cancelled the “Golden Visa”. I also would not expect rates to come down any time soon as inflation is still high. Rafael is knowledgeable but he is financially incentivized to sell mortgages.

@rebeccagutierrez1960 11 ай бұрын

But he is just doing his job. He has presented what human beings can LEGALLY do in Portugal in terms of real estate.

@jenniferballard7181 10 ай бұрын

I noticed that Rafael said passive income wouldn't be accepted? Makes me wonder what do people in this situation do? I'm a bit surprised, and is it just this particular bank or have others run into this everywhere in Portugal?

@rafaelfonsecaportugal 10 ай бұрын

This is a common rule among all banks. What you can do is make an investment in a bank to get a mortgage from this colateral. Rental income is accepted.

@ExpatsEverywhere 10 ай бұрын

Hi Jennifer. Does Rafael's answer help? - Josh & Kalie

@jenniferballard7181 10 ай бұрын

sort of but I did reach out to Rafael ( Kalie passed me his contact info). Thanks so much!!!!! 😀@@ExpatsEverywhere

@sappir26 10 ай бұрын

Can you recommend a good lawyer that can handle all the other stuff?

@ExpatsEverywhere 10 ай бұрын

Sure, email Kalie at info@expatseverywhere.com and she'll give you a couple recommendations based on what you need. - Josh

@romang9480 Жыл бұрын

Whats the name of the company?

@rafaelfonsecaportugal Жыл бұрын

My company is Decisões e Soluções working with the main banks in Portugal.

@ExpatsEverywhere 11 ай бұрын

Feel free to email me at contact@expatseverywhere.com and I'll make an email introduction with Rafael for you. - Josh & Kalie

@niltonfelix3733 4 ай бұрын

@@rafaelfonsecaportugalOla Rafael, gostaria muito falar comtigo sobre investir na Ilha Terceira, qual a melhore maneira de entrar em contacto com o senhore?

@luisfilipe534 9 ай бұрын

Real estate speculation by foreigners is making impossible for locals to buy or rent a house to live.

@ExpatsEverywhere 8 ай бұрын

Not sure if that's the exact case. One of our realtor contacts deals with mid-high level to luxury properties and 90% of his clients are Portuguese. In terms of speculation, a lot of the deals we hear about are people living in the properties or using them for AL, which is what we believe is forcing prices in Lisbon and Porto. - Josh & Kalie

@luisfilipe534 8 ай бұрын

@@ExpatsEverywhere unfortunetly, thats not what data says...

@ExpatsEverywhere 8 ай бұрын

@@luisfilipe534 I'd love to see the data that you're referring to. Please send me a link. - Josh

@ExpatsEverywhere 8 ай бұрын

@@luisfilipe534 By the way, my comment where I'm saying that I'm not sure it's the exact case is referring to your use of "real estate speculation" as property speculation is an approach to real estate investment where anticipated profits are based on predicted changes in local market conditions rather than physical improvements or rents. It seems investors aren't speculating as much as they are buying properties and running them as businesses (ALs) vs residential units for the long term market. Although, the long term market for rents from a landlords perspective is good. - Josh