Regular charges: Mortgage adviser service fees are about €300. This is a fee refundable upon completion of the mortgage process is complete.
Bank Valuation Fees: These fees range from €175 to €500. If the bank has already done a valuation, there is no need for further valuation.
Bank Application Fees: These fees vary from bank to bank, in the range of €150 to 0.50% (plus tax) of the requested loan amount. Charges are not applicable in the case where the bank cannot make a mortgage offer.
Bank Legal Fees: The bank’s lawyers also have to search for the mortgage and any outstanding debts against the property. This is not a fixed sum but will amount up to €1,100. This total sum includes bank legal fees.
Lawyer Fees: Lawyer charges are always around 1% to 2% of the property’s purchase price.
Taxes And Notary fees: These are about 5% to 6% of the property’s purchase price.
Stamp Duty: On completion of the mortgage process, 0.60% of the mortgage's amount is paid to the Portuguese government from the applicant’s bank.