April 16, 2007
New flexible Portuguese mortgage
With the emergence of a new loan which allows the property owners or investors to defer as much as 30 percent of the purchase price on the Portuguese property or land until maturity, there is more than a definite chance for property owners to purchase their properties in Portugal for less than years.
In particular, this loan covers the following: potential purchasers such as younger buyers struggling to fund the initial deposit required for their property; potential retirees who are yet to sell their United Kingdom home; those with considerable situations outside home but whose situations eventually will change; and those who wish to afford a more costly property.
Posted on: Portugal
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