Mortgage Loans

Compare Bank Mortgage Loans in Portugal

Updated on 12 July 2020

15 offers from 15 banks
Interest Rates: 1.87 - 8.37 %
Loan Terms: 1 - 50 years
 Banco CTT
PTPortugal
Rating
n/a
Loan Term
10 - 40 years
Min. Variable Rate (p.a.)
12-month EURIBOR + 1.30 %
Max. LTV
85.00 %
Mortgage Loan Details
Currency
EUR
Min. Mortgage Amount
25,000 EUR
Min. Variable Rate (p.a.)
12-month EURIBOR + 1.30 %
Fixed Rate Available
Mixed Rate Available
Variable Rate Available
Min. Mortgage Term
10 years
Max. Mortgage Term
40 years
Max. Borrower's Age
75 years
Max. LTV
85.00 %
Mortgage Loan Features

purchase of own permanent home

purchase of second home

mortgage transfer

Mortgage Loan Provider

Banco CTT was registered on August 24, 2015 as a 100%-owned subsidiary of CTT (Correios de Portugal). Banco CTT will be focused on mass-market products prodiving simple and competitive products. The operations will be supported in local offices of CTT, leveraging its nationwide coverage and extensive experience in providing financial services and via online and mobile channels.

 Abanca
PTPortugal
Rating
 (5.0)
Loan Term
2 - 45 years
Min. Variable Rate (p.a.)
12-month EURIBOR + 2.20 %
Max. LTV
100.00 %
Mortgage Loan Details
Currency
EUR
Min. Variable Rate (p.a.)
12-month EURIBOR + 2.20 %
Fixed Rate Available
Mixed Rate Available
Variable Rate Available
Min. Mortgage Term
2 years
Max. Mortgage Term
45 years
Max. Borrower's Age
75 years
Max. LTV
100.00 %
Mortgage Loan Features

purchase of own permanent home

purchase of land

purchase of second home

construction works

refurbishment works

leasehold housing

Mortgage Loan Provider
 (5.0)

Abanca Corporación Bancaria (ABANCA) is a Spanish bank, established in 2011. The bank provides retail and corporate banking services. Abanca Corporación Bancaria, SA, Sucursal em Portugal operates as a branch of Abanca Corporación Bancaria, S.A. (Spain).

 EuroBic
PTPortugal
Rating
 (4.7)
Loan Term
up to 40 years
Min. Variable Rate (p.a.)
12-month EURIBOR + 2.11 %
Max. LTV
90.00 %
Mortgage Loan Details
Currency
EUR
Min. Mortgage Amount
10,000 EUR
Min. Variable Rate (p.a.)
12-month EURIBOR + 2.11 %
Fixed Rate Available
Mixed Rate Available
Variable Rate Available
Max. Mortgage Term
40 years
Max. Borrower's Age
75 years
Max. LTV
90.00 %
Mortgage Loan Features

purchase of own permanent home

purchase of land

purchase of second home

construction works

refurbishment works

leasehold housing

Mortgage Loan Provider
 (4.7)

Banco BIC Português, SA was incorporated in Portugal in 2008 and is focused on strengthening and developing economic relations between Portugal and Angola. Banco BIC Português provides a wide range of retail, private and corporate banking products and services to natural persons and legal entities.

 Banco Montepio
PTPortugal
Rating
 (4.5)
Loan Term
up to 40 years
Min. Variable Rate (p.a.)
12-month EURIBOR + 1.50 %
Max. LTV
80.00 %
Mortgage Loan Details
Currency
EUR
Min. Mortgage Amount
5,000 EUR
Min. Variable Rate (p.a.)
12-month EURIBOR + 1.50 %
Fixed Rate Available
Mixed Rate Available
Variable Rate Available
Max. Mortgage Term
40 years
Max. Borrower's Age
75 years
Max. LTV
80.00 %
Mortgage Loan Features

house purchase

Mortgage Loan Provider
 (4.5)

Established in 1840 in Lisboa, Montepio is a Portuguese mutual savings group. Caixa Económica Montepio Geral is a member of Montepio Group providing retail and corporate banking products and services to individuals, self-employed professionals, entrepreneurs, SMEs and business entities.

Rating
n/a
Loan Term
5 - 50 years
Min. Variable Rate (p.a.)
12-month EURIBOR + 1.30 %
Max. LTV
80.00 %
Mortgage Loan Details
Currency
EUR
Min. Mortgage Amount
2,500 EUR
Min. Variable Rate (p.a.)
12-month EURIBOR + 1.30 %
Fixed Rate Available
Mixed Rate Available
Variable Rate Available
Min. Mortgage Term
5 years
Max. Mortgage Term
50 years
Max. Borrower's Age
80 years
Max. LTV
80.00 %
Mortgage Loan Features

purchase of own permanent home

purchase of land

purchase of second home

construction works

refurbishment works

leasehold housing

Mortgage Loan Provider

Caixa Central - Caixa Central de Crédito Agrícola Mútuo, CRL was founded in 1984 to become the financial head of Crédito Agrícola Group, a Portuguese cooperative banking group. In 1994 Caixa Central broadened its scope of activities and started operating as a universal bank.

 Bankinter
PTPortugal
Rating
 (2.5)
Loan Term
up to 40 years
Min. Variable Rate (p.a.)
12-month EURIBOR + 1.00 %
Max. LTV
80.00 %
Mortgage Loan Details
Currency
EUR
Min. Variable Rate (p.a.)
12-month EURIBOR + 1.00 %
Fixed Rate Available
Mixed Rate Available
Variable Rate Available
Max. Mortgage Term
40 years
Max. Borrower's Age
75 years
Max. LTV
80.00 %
Mortgage Loan Features

purchase of own permanent home

mortgage transfer

Mortgage Loan Provider
 (2.5)

Bankinter is a Spanish universal bank, founded in June 1965 by Banco de Santander and Bank of America. In April 2016 Bankinter closed the purchase of Barclays' retail business in Portugal thus forming Bankinter, SA - Sucursal em Portugal.

 Banco Best
PTPortugal
Rating
 (4.4)
Loan Term
up to 40 years
Min. Variable Rate (p.a.)
12-month EURIBOR + 1.25 %
Max. LTV
80.00 %
Mortgage Loan Details
Currency
EUR
Min. Mortgage Amount
10,000 EUR
Min. Variable Rate (p.a.)
12-month EURIBOR + 1.25 %
Fixed Rate Available
Mixed Rate Available
Variable Rate Available
Max. Mortgage Term
40 years
Max. Borrower's Age
75 years
Max. LTV
80.00 %
Mortgage Loan Features

purchase of own permanent home

purchase of land

purchase of second home

purchase of rental housing

Mortgage Loan Provider
 (4.4)

BEST - Banco Electrónico de Serviço Total, SA was established in 2001 and is specialized in providing retail banking, asset management and securities trading solutions. BEST - Banco Electrónico de Serviço Total operates as a subsidiary of Novo Banco.

 Millennium bcp
PTPortugal
Rating
n/a
Loan Term
up to 40 years
Min. Variable Rate (p.a.)
12-month EURIBOR + 1.50 %
Max. LTV
90.00 %
Mortgage Loan Details
Currency
EUR
Min. Variable Rate (p.a.)
12-month EURIBOR + 1.50 %
Fixed Rate Available
Mixed Rate Available
Variable Rate Available
Max. Mortgage Term
40 years
Max. Borrower's Age
75 years
Max. LTV
90.00 %
Mortgage Loan Features

purchase of own permanent home

purchase of land

purchase of second home

construction works

refurbishment works

Mortgage Loan Provider

Banco Comercial Portugues was esstablished in 1985. In 2004 Banco Comercial Portugues was rebranded as Millennium BCP and Banque BCP. Banco Comercial Portugues operates as a universal bank, providing a broad range of retail, private, corporate and investment banking products and services.

 Novo Banco
PTPortugal
Rating
 (3.7)
Loan Term
up to 40 years
Min. Variable Rate (p.a.)
12-month EURIBOR + 1.15 %
Max. LTV
100.00 %
Mortgage Loan Details
Currency
EUR
Max. Mortgage Amount
700,000 EUR
Min. Variable Rate (p.a.)
12-month EURIBOR + 1.15 %
Fixed Rate Available
Mixed Rate Available
Variable Rate Available
Max. Mortgage Term
40 years
Max. Borrower's Age
75 years
Max. LTV
100.00 %
Mortgage Loan Features

purchase of own permanent home

purchase of land

purchase of second home

construction works

refurbishment works

leasehold housing

non-resident house purchase

Mortgage Loan Provider
 (3.7)

Novo Banco is a successor of Banco Espírito Santo (BES) establised in August 2014 by the Bank of Portugal as a bridge bank (or a "good bank") to rescue assets and liabilities of BES. The only owner of Novo Banco is a special bank Resolution Fund, the fund will continue to own the bank until the bank is sold to new owners. Novo Banco provides products and services in retail and investment banking, asset management and insurance.

 ActivoBank
PTPortugal
Rating
 (4.3)
Loan Term
5 - 50 years
Min. Variable Rate (p.a.)
12-month EURIBOR + 2.25 %
Max. LTV
80.00 %
Mortgage Loan Details
Currency
EUR
Min. Variable Rate (p.a.)
12-month EURIBOR + 2.25 %
Fixed Rate Available
Mixed Rate Available
Variable Rate Available
Min. Mortgage Term
5 years
Max. Mortgage Term
50 years
Max. Borrower's Age
75 years
Max. LTV
80.00 %
Mortgage Loan Features

house purchase

Mortgage Loan Provider
 (4.3)

Banco ActivoBank is a direct bank, specialized in providing retail banking and online trading products and services via Internet.

Rating
 (3.5)
Loan Term
up to 40 years
Min. Variable Rate (p.a.)
12-month EURIBOR + 1.75 %
Max. LTV
100.00 %
Mortgage Loan Details
Currency
EUR
Min. Mortgage Amount
5,000 EUR
Min. Variable Rate (p.a.)
12-month EURIBOR + 1.75 %
Fixed Rate Available
Mixed Rate Available
Variable Rate Available
Max. Mortgage Term
40 years
Max. Borrower's Age
80 years
Max. LTV
100.00 %
Mortgage Loan Features

purchase of own permanent home

purchase of land

purchase of second home

construction works

refurbishment works

leasehold housing

Mortgage Loan Provider
 (3.5)

Caixa Geral de Depósitos (CGD) is the largest bank in Portugal, 100%-owned by the Portuguese government. CGS is a universal bank, having a substantial market share in retail and corporate banking in Portugal. CGS also provides specialized financial services, investment banking and insurance.

 BPI
PTPortugal
Rating
 (5.0)
Loan Term
up to 50 years
Min. Variable Rate (p.a.)
12-month EURIBOR + 1.25 %
Max. LTV
80.00 %
Mortgage Loan Details
Currency
EUR
Min. Mortgage Amount
30,000 EUR
Min. Variable Rate (p.a.)
12-month EURIBOR + 1.25 %
Fixed Rate Available
Mixed Rate Available
Variable Rate Available
Max. Mortgage Term
50 years
Max. Borrower's Age
75 years
Max. LTV
80.00 %
Mortgage Loan Features

purchase of own permanent home

purchase of land

purchase of second home

construction works

refurbishment works

leasehold housing

Mortgage Loan Provider
 (5.0)

Banco Português de Investimento (Banco BPI, eng: Portuguese Investment Bank) is a head company of BPI Group, focused on corporate and retail banking activities and provision of investment banking services, asset management and insurance.

 Santander
PTPortugal
Rating
 (1.9)
Loan Term
up to 50 years
Min. Variable Rate (p.a.)
12-month EURIBOR + 1.07 %
Max. LTV
85.00 %
Mortgage Loan Details
Currency
EUR
Min. Variable Rate (p.a.)
12-month EURIBOR + 1.07 %
Fixed Rate Available
Mixed Rate Available
Variable Rate Available
Max. Mortgage Term
50 years
Max. Borrower's Age
75 years
Max. LTV
85.00 %
Mortgage Loan Features

purchase of own permanent home

purchase of land

purchase of second home

construction works

refurbishment works

Mortgage Loan Provider
 (1.9)

Banco Santander Totta is a Portuguese commercial Bank, tracing its roots back to 1843 and is one of the largest banks in Portugal. In Portugal Banco Santander Totta operates as a universal bank, offering retail, private, corporate and investment banking products and services. London Branch of Banco Santander Totta, established in 1993, specializes in non-resident mortgages.

Rating
 (4.0)
Loan Term
1 - 35 years
Min. Variable Rate (p.a.)
3, 6, 12-month EURIBOR + 2.00 %
Max. LTV
90.00 %
Mortgage Loan Details
Currency
EUR
Min. Mortgage Amount
25,000 EUR
Max. Mortgage Amount
400,000 EUR
Min. Variable Rate (p.a.)
3, 6, 12-month EURIBOR + 2.00 %
Fixed Rate Available
Mixed Rate Available
Variable Rate Available
Min. Mortgage Term
1 year
Max. Mortgage Term
35 years
Max. Borrower's Age
65 years
Max. LTV
90.00 %
Mortgage Loan Features

purchase of own permanent home

purchase of land

purchase of second home

purchase of rental housing

construction works

refurbishment works

Mortgage Loan Provider
 (4.0)

Established in 1896, Caixa Económica da Misericórdia de Angra do Heroísmo (CEMAH) is a universal bank, focused on providing retail and corporate banking products and services to the residents of the Azores Islands.

Rating
 (4.8)
Loan Term
1 - 30 years
Min. Variable Rate (p.a.)
6-month EURIBOR + 1.50 %
Max. LTV
70.00 %
Mortgage Loan Details
Currency
EUR
Min. Mortgage Amount
50,000 EUR
Max. Mortgage Amount
2,500,000 EUR
Min. Variable Rate (p.a.)
6-month EURIBOR + 1.50 %
Fixed Rate Available
Mixed Rate Available
Variable Rate Available
Min. Mortgage Term
1 year
Max. Mortgage Term
30 years
Max. Borrower's Age
65 years
Max. LTV
70.00 %
Mortgage Loan Features

house purchase

Mortgage Loan Provider
 (4.8)

Group ATLANTICO started its operations in 2006 in Luanda (Angola) with the strategic goal to become a innovative financial institution. Now ATLANTICO presents in all provinces of Angola providing financial services to individuals, companies and public sector organizations. In 2009 ATLANTICO started its international expansion and Banco Privado Atlântico - Europa was founded in Portugal. Banco Privado Atlântico - Europa offers a broad range of retail and corporate banking products and services.

PTPortugal: This product is offered to Portuguese residents only. When clicking on the product link you will be redirected to the product page in Portuguese.

Mortgage loans are secured loans used for real estate financing purposes (for example, purchase of a new or existing property, construction of an own property, property renovation) without paying the entire value up front. A mortgage loan is secured (or backed) by the collateral of specified real estate property.

The table above shows essential details of selected mortgage products offered to retail customers by the banks in Portugal: currency, borrowing rate per annum, lending amount and mortgage term. The mortgage loans terms vary from 1 to 50 years. The borrowing rates are within the range 1.87 - 8.37 %.

Other Banking Products in Portugal

See Also