STATE-BACKED SCHEME · UP TO 35

Your first home, with a State guarantee

The State guarantees up to 15% of the purchase price, so you need a smaller deposit. We handle the whole process. Our fee is paid by the bank.

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WHO IT'S FOR

The young buyer mortgage is for you if...

Four main conditions.

You are aged 18 to 35 on the date of completion.
You are buying your first home in Portugal, as your main residence.
Your income is within income tax (IRS) bracket 8 or below.
You have been tax resident in Portugal for at least one year.

WHAT'S INCLUDED

What the young buyer mortgage brings.

State guarantee

The State guarantees up to 15% of the purchase price, which allows 100% financing and frees up the deposit you would otherwise need.

Simplified process

We handle the extra paperwork the State scheme requires and the coordination with the Directorate-General for Treasury and Finance (DGTF).

Fee paid by the bank

FINOVA is paid by the bank you choose, after completion, not by the State. We negotiate without a conflict of interest.

Comparison with a standard mortgage

It is not always the best route. We compare it with a standard mortgage to confirm the young buyer mortgage suits you.

PROCESS

How the young buyer mortgage works.

01
Eligibility
We confirm you meet the scheme’s requirements (age, income tax bracket, residency) before moving forward.
02
Documentation
The usual documents, plus the proofs specific to the State scheme.
03
Participating banks
We submit to the banks that have joined the scheme and negotiate spreads and terms.
04
Guarantee in force
At completion, the State guarantee takes effect automatically. We stay with you throughout.

See the full process

DOCUMENTATION

Documents for the young buyer mortgage.

On top of the usual checklist, the scheme asks for a few specific proofs.

See the full checklist

Citizen Card and tax number (NIF), confirming you are aged 35 or under.
Income tax (IRS) returns for the last 2 years (to confirm the bracket).
Your last 3 payslips or proof of income.
Certificate of tax residency in Portugal.
Credit liabilities report (CRC) from Banco de Portugal.

BANKS

We compare against the main banks operating in Portugal.

CGD
BPI
Novobanco
UCI
ABANCA
Crédito Agrícola
Santander
Bankinter
Banco CTT

COMMON QUESTIONS

Young buyer mortgage

Can’t find your question?

Browse the guides or write to us. We reply within 48 hours.

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Buyers aged 18 to 35, purchasing a first home as their main residence, with income up to income tax (IRS) bracket 8 and tax residency in Portugal for at least 1 year. We confirm eligibility at the initial diagnosis.

The State guarantees up to 15% of the purchase price to the bank. That lets you finance 100% (instead of the usual 90%), freeing up the deposit you would otherwise need to save. The guarantee stays in place until the covered amount has been repaid.

The scheme covers properties up to €450,000. Above that, a standard mortgage may be the alternative, and we compare both routes.

The main banks operating in Portugal have joined the scheme. We submit to several banks and compare the offers.

The guarantee stays in place while the contract is active, even if your income or age changes after completion. What matters is meeting the requirements on the date of completion.

SERVICES