Portugal › Finance, Currency, Insurance & Taxes › Portugal mortgages for retired
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- Arraniels
Hi
Are mortagages available in Portugal for retired folk like me? If so is there an age limit? And what other restrictions or conditions are there?
Advice and info much appreciated!
BirdeliaNormally you need take out life insurance when you get your mortgage in Portugal. And depending on your age you may find the insurance premium very high.
I believe there are mortgage brokers that can source mortgages with higher age limits without the life insurance requirement, but there not that many options to choose from.
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