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Purchase
Purchase price€250,000
Mortgage LTV %70%
Mortgage amount
€175k
~€1,050/mo @ 5.5% 25yr
Cash deposit needed
€75k
30% of purchase price
Buying costs
| IMT transfer tax (stepped bands) | €3,750 |
| Stamp duty (0.8%) | €2,000 |
| Notary & land registry | €1,750 |
| Solicitor / advogado | €2,500 |
| Survey & valuation | €800 |
| Total buying costs | €10,800 |
Development
Architect fees€12,000
Project manager€8,000
Renovation (contractor)€95,000
Contingency %15%
Rental during build
Monthly rent€1,200
Duration (months)20 months
Family bridge loan
Loan amount (CPCV deposit)€25,000
Repay family loan from UK proceeds
Monthly living — UK vs Portugal
Current UK monthly spend£3,500
Portugal monthly spend (est.)€2,600
Monthly saving vs UK
£900
over 20 months
Total rental cost
€24,000
gross rental spend
Net rental cost
€3,600
after living cost savings
Total outgoings
| Portugal purchase price | €250,000 |
| Buying costs (IMT, stamp, legal) | €10,800 |
| Architect | €12,000 |
| Project manager | €8,000 |
| Renovation | €95,000 |
| Contingency | €14,250 |
| Rental during build | €24,000 |
| Family loan repayment | €25,000 |
| Total all-in (euros) | €439,050 |
| Total all-in (GBP equiv.) | £380,000 |
Funded by
| UK equity converted to euros | €136k |
| Portuguese mortgage | €175k |
| Family bridge loan (CPCV) | €25k |
| Total funds available | €336k |
Surplus / shortfall
—
funds minus outgoings
Budget utilisation
—
of £400k ceiling
PT mortgage payment
€1,050
est. 5.5% over 25yr
Adjust sliders to see your full picture.
Levers to close any gap
BestCrédito à construção — construction loan from Portuguese bank, releases funds in build tranches to cover renovation directly
StrongIncrease LTV to 80% — frees up ~€25k more equity toward renovation costs
EasyEvery £10k extra on UK sale price = ~€11.5k more in the pot
ConsiderPhase the renovation — make livable first, complete remainder once settled and earning in Portugal
CautionReduce renovation scope — risks compromising resale value and quality of finish