brazilian banking executive picks Lisbon for high rental yield
By Elias, S. | 15 January, 2020
the client
An investment banking executive with incomplete portuguese citizenship process decided to invest in a 2 bedrooms fully renovated unit, walking distance from Tagus River.
the chalenge
The client did not have any Portuguese documents issued that confirmed the citizenship and the income was in BRL. The loan was granted in Portugal with 70% LTV and the unit was rented within 15 days.
the deal
Nationality: Brazilian
Property Value: 130.000€
Financing: 91.000€
Term: 30 years
Asset: 2 bedrooms fully renovated apartment close to Tagus River in Lisbon
Loan type: residential
Purpose: long term investment