DISCOVER Portugal's SECRET to Affordable Mortgages

[@moward301]

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]

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

[@rafaelfonsecaportugal.]

Check out our most recent interview with updated information for securing a mortgage in Portugal in 2024/2025: kzbin.info/www/bejne/a2SUqYqwnt6Djac

[@marcusviniciussilveira637]

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

[@francisphenry]

We agree!

[@ExpatsEverywhere]

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

[@rodrigosobreira7810]

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

[@ExpatsEverywhere]

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

[@flaviamitkiewicz3125]

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

[@ExpatsEverywhere]

Thank you. We agree! - Josh & Kalie

[@suebowman7258]

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

[@euricojose3576]

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

[@ExpatsEverywhere]

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

[@Vuk_Stajic]

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

[@ExpatsEverywhere]

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

[@CRYPTOFreeClub]

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]

Thanks for watching and commenting. 💪 - Josh & Kalie

[@mariaceciliacorreialeite9758]

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

[@ExpatsEverywhere]

Agreed! - Josh & Kalie

[@rafaelfonsecaportugal]

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]

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

[@Luanavit22]

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]

Thank you Luana 🎉

[@realpilotsim]

This gentleman Mr Rafael Fonseca I do strongly recommend

[@rafaelfonsecaportugal]

Thank you Gustavo!

[@patrickgould-mj9lc]

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

[@ExpatsEverywhere]

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

[@cherubicanh7027]

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

[@ExpatsEverywhere]

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]

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

[@sappir26]

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

[@eubrunofonseca]

Thanks Rafael!

[@ExpatsEverywhere]

Thanks for watching, Bruno. - Josh & Kalie

[@quoiquedon7002]

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

[@ExpatsEverywhere]

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

[@richvangogh]

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]

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

[@ssrajput7316]

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]

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

[@ricomorgado]

A lot of valuable information here. Thanks!

[@ExpatsEverywhere]

Thanks, Ricardo! - Josh & Kalie

[@theodorearaujo971]

What are the legal malpractice laws like in Portugal?

[@AfonsoMartins78]

Rafael is a great guy!

[@rafaelfonsecaportugal]

Thank you Afonso for your support!

[@Marceloparanhos10]

Congrets Rafael very clear robust knowledge.Awesome job!!

[@rafaelfonsecaportugal]

Thank you Marcelo

[@mydogsmells1733]

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]

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

[@rebeccagutierrez1960]

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

[@terrisokolow7796]

Always useful information! Great video, Josh!

[@ExpatsEverywhere]

Thank you very much, Terri! - Josh & Kalie

[@johnnybermudez]

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

[@rafaelfonsecaportugal]

Thank you Johnny!

[@dkkeyz8815]

Looking forward to this one!

[@ExpatsEverywhere]

Woooo! - Josh & Kalie

[@22783108]

Congratulations buddy!!! you rock!!!!

[@ExpatsEverywhere]

Thanks for watching. - Josh & Kalie

[@FoodHuntress00]

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

[@ExpatsEverywhere]

Email [e-mail] and we’ll introduce you.

[@gisafabiano]

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

[@ExpatsEverywhere]

He's our guy! - Josh & Kalie

[@valsummerfield3069]

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]

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

[@valsummerfield3069]

@@rafaelfonsecaportugal Thank you Rafael.

[@ExpatsEverywhere]

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

[@izzykatz5193]

Great video!

[@ExpatsEverywhere]

Thank you. 🙏 - Josh & Kalie

[@user-uw3kn2db5c]

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

[@rafaelfonsecaportugal]

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

[@user-rc7re5xw3b]

Congratulations

[@ExpatsEverywhere]

Thanks. - Josh & Kalie

[@rtortima]

Nice ! Amazing Booker.

[@rafaelfonsecaportugal]

Thank you Raul!

[@Gpepp8401]

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

[@martinaston1715]

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

[@ExpatsEverywhere]

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

[@karinaoliveira3988]

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]

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

[@karinaoliveira3988]

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

[@rafaelfonsecaportugal]

@@karinaoliveira3988 OK Karina.

[@cassiofonte8172]

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

[@sportinguista09]

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

[@ExpatsEverywhere]

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

[@user-km1lw3zn6z]

this dude seems legit

[@ExpatsEverywhere]

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

[@jenniferballard7181]

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]

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]

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

[@jenniferballard7181]

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

[@realtick]

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

[@rafaelfonsecaportugal]

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.

[@dermadawg]

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

[@ExpatsEverywhere]

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 [e-mail] if you'd like to be connected with Rafael. - Josh

[@cristinafonseca9059]

How can I reach out to Rafael?

[@ExpatsEverywhere]

Hi Cristina, email Kalie at [e-mail] and she can introduce you. - Josh & Kalie

[@rafaelfonsecaportugal.]

👏👏👏👏👏👏

[@ExpatsEverywhere]

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

[@capt.miguelresendez5238]

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

[@rafaelfonsecaportugal]

The banks can finance up to 80% of the property

[@ejikemeonuoha3272]

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

[@rafaelfonsecaportugal]

75 to 80 years old

[@laurap.5804]

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]

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

[@ExpatsEverywhere]

Hi Laura, yes please, email us about this. Kalie can put you in touch if you write her at [e-mail] - Josh

[@beaumac]

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]

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

[@PapaVorPutin]

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

[@ExpatsEverywhere]

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

[@sappir26]

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

[@ExpatsEverywhere]

Sure, email Kalie at [e-mail] and she'll give you a couple recommendations based on what you need. - Josh

[@romang9480]

Whats the name of the company?

[@rafaelfonsecaportugal]

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

[@ExpatsEverywhere]

Feel free to email me at [e-mail] and I'll make an email introduction with Rafael for you. - Josh & Kalie

[@niltonfelix3733]

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

[@luisfilipe534]

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

[@ExpatsEverywhere]

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]

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

[@ExpatsEverywhere]

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

[@ExpatsEverywhere]

@@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

[@viniciusjr4767]

as a portuguese im ready to make your life a nightmare, welcome 😈