[Q] Getting mortgage in EU

Finances

AI-generated summary

The discussion revolves around obtaining a mortgage in the EU, initiated by afreeman who seeks advice on where to secure a mortgage for real estate investment and the financial implications of taking a mortgage through a company versus personally. Dimitri_Visser emphasizes the importance of local regulations and recommends consulting banks in the specific country of purchase. CMRoxburgh notes that mortgages are very local and confirms that non-resident mortgages are feasible in Germany and Portugal. 5MuleTeam suggests Novo Banco’s Golden Key services tailored for expats, providing links to relevant offerings. Lastly, isochronous inquires about mortgage options in Hungary, Montenegro, or Croatia.

1

Hi,

I’m considering buying real estate for investment purposes and figured it would be much more efficient to leverage it using a mortgage.
I’m based in the EU, currently using Revolut for my personal and business bank accounts, and they don’t offer loans in my region…

  1. Any recommendations on where to get a mortgage loan?
  2. Putting aside taxation - are there any benefits of the company taking the mortgage instead of myself?

Thanks a bunch!
~ O

2

The answers to your questions will depend on the country where you want to buy real estate.
I think the best way to find out is to call/visit some banks in the country where you want to buy something.
Trying to get a mortgage in another country than the country where you want to buy real estate will make it even more complicated.
I know in NL you will have to pay a part of the sum yourself, you cannot finance everything. And you will need to prove that you make enough money, a salary or if you are self employed they will ask you to prove that you made enough during several years.

3

Mortgages are very much a local service even in the EU. I know for a fact that getting a mortgage as a non resident for Property in Germany and Portugal is possible. For other countries I would recommend contacting banks in the country you wish to purchase in.

4

Check out Novo Banco they have services marketed specifically for expats, it’s called: Golden Key.

https://www.novobanco.pt/paginas-produto/conta-novo-banco-golden-key

Also programs for foreigners for mortgages/investment products.

https://www.novobanco.pt/particulares/residentes-no-estrangeiro

1 Like
5

Any tips on mortgages in Hungary, Montenegro or Croatia?