Mortgages in Portugal are lower than in the UK as they are linked to the European Central Bank rate. The local banks have various schemes including fixed and variable rates. They also offer, an interest only option for part of the term. This is ideal for short term investments, where the property can be resold within the interest only period and in most cases without incurring a penalty.
CAMERON WALKER - Real Estate| AMI. 7459 | Algarve, Portugal | Tel. 00351 282 315 989 | info@cameronwalker.co.uk