According to a report by Jornal de Negócios (paid access), Portugal
is second only to Austria, whose average interest rate in June, for those who
fixed the rate up to one year, was 1.14%, while the average in the Eurozone was
1.66%. Irish families bear the biggest burden, with a cost that can reach
3.47%, according to data from the European Central Bank (ECB).
Portugal with second lowest fixed rate for housing in the Eurozone
Buying a house in Portugal with a fixed interest rate of up
to five years is cheaper than in most Eurozone countries, with a fixed interest
rate of up to one year costing, on average, 1.2%, and between the first and
fifth year of credit costs 1.43%; in both cases, the second lowest rate in
Europe.
By TPN/Lusa, in News, Portugal, Property, Business · 06 Aug 2022, 14:00 · 0 Comments