What are the bank and notary costs?

Which costs does the bank charge?

• A fee for assessing and deciding on the loan. The bank can only charge one.
• The home valuation, by a valuer registered with the securities regulator (CMVM). In our experience, it costs €250 to €350.
• Other fees in the price list, such as the fee for drawing up the contract.
• The insurance the bank requires, such as life insurance.

These costs count in the APR. Compare it across banks, for the same amount and term.

What about the deed and registration?

The purchase and the loan are signed in a deed, at a notary or a Casa Pronta desk. Then the purchase and the mortgage are entered in the land registry.

At Casa Pronta, the Institute of Registries and Notary charges €700, plus taxes, for a purchase with a loan. That covers the deed and the various registrations.

At a notary, prices vary. Ask for a quote beforehand, and check whether it includes registration.

And the taxes?

You also pay IMT and stamp duty on the purchase (0.8%). With a loan, there is stamp duty on the loan (0.6%). See the guide Which taxes do I have to pay to the State at purchase?

An example with the sums

You buy the home you will live in for €200,000, with a loan of €180,000. The example costs are:

• home valuation: €300;
• bank fees: €800;
• Casa Pronta, with the deed and registrations: €700, plus taxes.

That is €1,800, not counting the Casa Pronta taxes. With the purchase and loan taxes, add another €6,222.04. Fees vary from bank to bank.

What other costs come with the purchase?

Also count the «sinal», the advance you pay the seller when you sign the promissory contract. There is furniture, and connecting water, gas and electricity.

After the deed come the yearly costs: insurance, condominium fees and IMI.

Does the bank lend for these costs?

As a rule, no. You pay these costs with your own money, on top of the deposit. Plan for them from the start.

How can I reduce these costs?

• Compare the price lists of several banks before choosing.
• If you have a valuation made for another bank less than 6 months ago, hand it in.
• If you transfer the loan later, Casa Pronta charges €375, plus taxes, for a single registration.

Where FINOVA helps

We compare the offers with you by APR and MTIC, with all the costs. Our fee is paid by the bank. See also What is MTIC, and why is it more important than the Spread? and the home purchase simulator.

Sources

• Banco de Portugal — Interest rates in home loans
• Banco de Portugal — Guarantees
• Institute of Registries and Notary — Casa Pronta FAQ (in Portuguese)
• Todos Contam — Buying a home (in Portuguese)

Sources checked on 22 September 2026.