Contact for Property Financing Rafael Fonseca: WhatsApp +351 965 406 326 To speak via WhatsApp click: https://wa.me/+351965406326 🔹 Professional Property Buyer: Nicolau Lee 📞 +351932644331 ✉️ [email protected] Kist Courses in Europe: Preparation Course for Living in Portugal - A Friendly Journey https://moraremportugal.skist.eu/ Ebook: Preparation for Moving to Portugal: D7 Visa and Digital Nomad https://go.hotmart.com/M86804738B Ebook: Investments for a peaceful future https://go.hotmart.com/W80094904R Be a member of this channel and gain benefits: / @kistnaeuropa Contact for Property Financing Rafael Fonseca: WhatsApp +351 965 406 326 Introduction to Live: Presentation of the live theme : property financing in Portugal. Explanation that it is possible to buy a property in Portugal even if you are in Brazil. Participation by Rafael Fonseca: Presentation by guest Rafael Fonseca. Rafael has worked in the financial sector for over 30 years and has been in Portugal for seven years. Rafael works by helping to finance properties in Portugal for residents and non-residents. Property Financing in Portugal: Possibility of purchasing properties in Portugal even without being a resident, without a Portuguese passport, or without declaring taxes in Portugal. Benefits of investing in real estate in Portugal, such as the security of the real estate market and the chance to earn income in euros. Details about Financing Conditions: Banks can finance up to 70% or 80% of the value of the property. Current interest rates ranging from 2.9% to 3.3%. Perspective of falling interest rates, both in Europe and the USA. Informal Conversation: Relaxed discussion about the summer in Portugal and the presenter's travel plans, including the possible purchase of a motorhome. Engagement with the Audience: Incentive for viewers to subscribe to the channel. Encouragement to ask questions during the live to clear up doubts about property financing. Property Purchase Opportunity in Portugal: Importance of securing a property in Portugal as soon as possible. Benefits of having an investment in euros. Receptivity of Portuguese Banks: Banks receptive to Brazilian Income Tax and those of other countries. Attracting many foreigners to the real estate market in Portugal. Engagement with the Audience: Growth in the number of channel members. Importance of exchanging experiences between members. History and Functioning of Interest Rates: Explanation of monetary policy and inflation control. Interest rate history since the pandemic. Types of Interest Rates Offered by Banks: Variable rate, fixed rate, and mixed rate. Advantages and disadvantages of each type of fee. Possibility of Renegotiating Financing: Options to renegotiate interest rates and transfer credit to another bank. Cost and benefits of changing banks. Personal Experience with Financing: Personal case of financing carried out at a high rate. Considerations about the security of a fixed installment and the possibility of reducing costs with falling rates. Renegotiation of Real Estate Financing Benefits of renegotiating after a reduction in interest rates. Best time to renegotiate according to the economic scenario. Necessary Documentation for Financing in Portugal Requirements for Brazilians: employment, company, or proven income. List of six basic documents for pre-approval. Pre-approval process with banks. Real Estate Financing Process in Portugal Stages: pre-approval, property search, final approval. 45 to 60 days to complete the process. Importance of evaluating the property and regularizing documentation. Penalties and Costs for Paying off Early Financing Fines for paying off early: 0.5% at a variable rate and 2% at a fixed rate. Differences between financing practices in Brazil and Portugal. Considerations regarding amortization and interest when repaying the financing. Financing Simulations for Different Ages and Amounts Example for financing €200,000 at 62 years of age. Simulation for €160,000 aged 64. Comparison of deadlines and down payment amounts to reduce installments. Life Insurance Considerations and Total Financing Cost (APR) Impact of life insurance on total financing cost. Importance of evaluating the APR when comparing financing offers. Alternatives to life insurance offered by the bank. These topics cover the main points discussed in the text. If you need more details or adjustments, I'm here to help!