• About Us
  • Contact Us
  • Privacy Policy
  • Terms
  • Unsubscribe
No Result
View All Result
Live and Invest Overseas
FREE REPORT
BEST PLACES TO RETIRE
*No spam: We will NEVER give your email address to anyone else.
  • HOME
  • COUNTRIES
    • Top Destinations
      • Portugal
      • Panama
      • Belize
      • France
      • Colombia
      • Dominican Republic
      • Thailand
      • Mexico
      • Spain
      • Argentina
    • Browse All Countries
    • Best For
      • Retire Overseas Index
      • Health Care
      • Cost of Living
      • Investing in Real Estate
      • Editor’s Picks For Retirement
      • Establishing Residency
      • Starting an Online Business
      • Single Women
      • Playing Golf
  • BUDGETS
    • Super Cheap ($)
      • Cuenca, Ecuador
      • Chiang Mai, Thailand
      • The Philippines
      • Las Tablas, Panama
      • Granada, Nicaragua
    • Cheap ($$)
      • Algarve, Portugal
      • Medellin, Colombia
      • Boquete, Panama
      • Carcassone, France
      • Buenos Aires, Argentina
    • Affordable ($$$)
      • Abruzzo, Italy
      • Barcelona, Spain
      • Las Terrenas, Dominican Republic
      • Puerto Vallarta, Mexico
      • Costa de Oro, Uruguay
    • Luxury On A Budget ($$$$)
      • Ambergris Caye, Belize
      • Paris, France
      • Panama City Beach Area
  • Real Estate
  • ARCHIVES
    • Living & Retiring Overseas
    • Raising A Family Abroad
    • Foreign Residency & Citizenship
    • Offshore Diversification
    • Our Latest On Coronavirus ⚠️
  • Making Money
    • International Real Estate
    • Banking
    • Employment
    • Investing
  • CONFERENCES
  • BOOKSTORE
Live and Invest Overseas
  • HOME
  • COUNTRIES
    • Top Destinations
      • Portugal
      • Panama
      • Belize
      • France
      • Colombia
      • Dominican Republic
      • Thailand
      • Mexico
      • Spain
      • Argentina
    • Browse All Countries
    • Best For
      • Retire Overseas Index
      • Health Care
      • Cost of Living
      • Investing in Real Estate
      • Editor’s Picks For Retirement
      • Establishing Residency
      • Starting an Online Business
      • Single Women
      • Playing Golf
  • BUDGETS
    • Super Cheap ($)
      • Cuenca, Ecuador
      • Chiang Mai, Thailand
      • The Philippines
      • Las Tablas, Panama
      • Granada, Nicaragua
    • Cheap ($$)
      • Algarve, Portugal
      • Medellin, Colombia
      • Boquete, Panama
      • Carcassone, France
      • Buenos Aires, Argentina
    • Affordable ($$$)
      • Abruzzo, Italy
      • Barcelona, Spain
      • Las Terrenas, Dominican Republic
      • Puerto Vallarta, Mexico
      • Costa de Oro, Uruguay
    • Luxury On A Budget ($$$$)
      • Ambergris Caye, Belize
      • Paris, France
      • Panama City Beach Area
  • Real Estate
  • ARCHIVES
    • Living & Retiring Overseas
    • Raising A Family Abroad
    • Foreign Residency & Citizenship
    • Offshore Diversification
    • Our Latest On Coronavirus ⚠️
  • Making Money
    • International Real Estate
    • Banking
    • Employment
    • Investing
  • CONFERENCES
  • BOOKSTORE
No Result
View All Result
Live and Invest Overseas
No Result
View All Result

Portugal Property Investment Opportunities Are Abound

Kathleen Peddicord by Kathleen Peddicord
Jul 06, 2016
in Investing, Lifestyle, Portugal
0
Lisbon is looking promising in opportunities for real estate investing in Portugal.
213
SHARES
3k
VIEWS
Share on FacebookShare on Twitter

Most Interesting Property Play In Europe—Plus Best Advice For The Would–Be Portugal Expat

An interesting gentrification strategy is at work in Lisbon.

Old buildings… classic-style structures with 200, 300-plus years of history… in sad states of disrepair… are being bought and renovated into modern, even luxury apartments, 8, 10, a dozen, maybe up to 20 units per.

There’s a lot of this inventory to work with. A depressed economy and decades of rent control have translated into blocks and terraces of once-glorious structures that have not been maintained or upgraded in generations.

The classic facades are being preserved, with their oversized windows and doors, functioning shutters, balconies, iron railings and gates, ornamental plasterwork, and elaborate tile work, while insides are being gutted and reinvented into stylish one- and two-bedroom apartments with all mod cons of our 21st century.

These apartments are intended for sale primarily on the foreign market, Asian, European, and, increasingly, North American, in some cases for private residences and, more often, to be made available for rental. The country’s growing tourist market is helping to fuel this movement that I see as one of the best property investment opportunities not only in Europe but anywhere in the world today.

Property agents, developers, and experts are highlighting the opportunity in detail, showcasing several renovation projects in process or about to get under way in prime zones of particular interest, for all in attendance at this week’s Live and Invest in Portugal Conference, which kicked off bright and early this morning in Carvoeiro on this country’s Algarve coast, about three hours south of Lisbon.

Lief and I are persuaded. Last year this time, we made our first investment in Portugal in the form of a rental apartment in the centuries-old coastal city of Lagos that has been nearly fully occupied since within 24 hours of being available for rental. We’re encouraged enough by this experience to want to make a second investment in what we see as the most promising market on the Continent, and we’re thinking a Lisbon pied-à-terre could be the ideal complement to last year’s coastal buy.

I’ll share more details as we consider different options for what and where, specifically, to buy.

Meantime, here in Carvoeiro, the crowd in the room has heard today from our Portugal attorney on this country’s top residency and visa options, from our top property advisor on senior and retirement living options (these are not available in much of the world, but an appealing and very affordable option is coming onto the market here in Portugal), and, as well, from full-time Algarve expat Alyson Sheldrake.

“I’ve always wanted to see if I could take my painting hobby and turn it into a career,” Alyson told the group. “And here in Portugal I’ve been able to do that. My husband, as well, with his photography.

“My days now begin with an hour or hour-and-a-half walk on the beach with my dog. I knew that I’d become a true local when the proprietor of the local café where I would stop for a coffee each morning after my walk would have my coffee waiting for me on my favorite table every morning when I walked in.

“For my husband and me,” Alyson continued, “Portugal has allowed us to step off the treadmill of our rat-race life back in the U.K. into a sweeter, gentler life that almost seems like a fairy tale come true.

“My best advice for anyone else thinking about making a move like we’ve made, to Portugal or, really, to any new country, would be not to wait until you’re sure you can afford the move. If you wait until you’ve saved and saved and are certain you can afford it, you’re waiting too long.

“Do your sums and then figure out how to make the math work.

“Our only regret is that we didn’t make this move sooner.”

Kathleen Peddicord

Comments

Tags: expats Algarveexpats ferragudoexpats Portugalinvest Lisboninvest Portugallive and invest in Portugal conferenceliving ferragudoliving Portugallugnaproperty Lisbonproperty Portugaltravel ferragudo
Share86Tweet53
Previous Post

Establishing Retirement Residency In Portugal

Next Post

Exciting Times In Carvoeiro, Portugal: Winning All Around

Kathleen Peddicord

Kathleen Peddicord

Kathleen Peddicord has covered the live, retire, and do business overseas beat for more than 30 years and is considered the world's foremost authority on these subjects. She has traveled to more than 75 countries, invested in real estate in 21, established businesses in 7, renovated historic properties in 6, and educated her children in 4.

Kathleen has moved children, staff, enterprises, household goods, and pets across three continents, from the East Coast of the United States to Waterford, Ireland... then to Paris, France... next to Panama City, where she has based her Live and Invest Overseas business. Most recently, Kathleen and her husband Lief Simon are dividing their time between Panama and Paris.

Kathleen was a partner with Agora Publishing’s International Living group for 23 years. In that capacity, she opened her first office overseas, in Waterford, Ireland, where she managed a staff of up to 30 employees for more than 10 years. Kathleen also opened, staffed, and operated International Living publishing and real estate marketing offices in Panama City, Panama; Granada, Nicaragua; Roatan, Honduras; San Miguel de Allende, Mexico; Quito, Ecuador; and Paris, France.

Kathleen moved on from her role with Agora in 2007 and launched her Live and Invest Overseas group in 2008. In the years since, she has built Live and Invest Overseas into a successful, recognized, and respected multi-million-dollar business that employs a staff of 35 in Panama City and dozens of writers and other resources around the world.

Kathleen has been quoted by The New York Times, Money magazine, MSNBC, Yahoo Finance, the AARP, and beyond. She has appeared often on radio and television (including Bloomberg and CNBC) and speaks regularly on topics to do with living, retiring, investing, and doing business around the world.

In addition to her own daily e-letter, the Overseas Opportunity Letter, with a circulation of more than 300,000 readers, Kathleen writes regularly for U.S. News & World Report and Forbes.

Her newest book, "How to Retire Overseas: Everything You Need to Know to Live Well (for Less) Abroad," published by Penguin Random House, is the culmination of decades of personal experience living and investing around the world.

Related Posts

Panama City Skyline from Cinta Costera Park, Panama City, Panama.
Investing

How Panama Became A Great Economic Success Story

by Kathleen Peddicord
January 19, 2021
0

Last week we held the biggest Live and Invest in Panama Conference in our history, with more attendees and more...

Read more
Refreshing Cocktail at beach in Belize.

10 Reasons To Reinvent Your Life In Beautiful Belize And 9 Challenges

January 17, 2021
Perfect tropical paradise beach with palm trees and hammock 350x250

Most Frequently Asked (And Not So Crazy) Questions About Retiring Overseas

January 10, 2021
Family watching sunrise on beach.

Moving Overseas Will Affect Your Family But It Can Be For The Better

January 5, 2021
Santa Catalina, Veraguas, Panama.

Starting A School In Panama Near Los Islotes

January 3, 2021
Couple Enjoying Beautiful Sunset Walk on the Beach.

9 Critical Issues To Consider Before Deciding To Live Overseas

January 1, 2021
Happy children boy and girl in costumes of superheroes in the outdoor.

Discover The Charm Of A Back-To-Basics Lifestyle In Belize

December 30, 2020
Next Post
Awesome view of the beach in Carvoeiro, Portugal

Exciting Times In Carvoeiro, Portugal: Winning All Around

A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we'll send you a FREE report on the 10 Best Places To Retire In Style Overseas Today.

Start Your New Life Today, Overseas

Get Your Free Portugal Report Today!

​​Simply enter your email address below and we'll send you our ​FREE REPORT — Portugal: The World’s #1 Retirement Haven.

how to retire overseas

LIOS Resources


  • New To LIOS
  • Ask An Expert
  • Media Center
  • Contact Us
  • FAQs

Quick Links


  • Best Places To Live
  • Best Places To Retire
  • Finding A Job Overseas
  • Real Estate

Sign up for our free daily e-letter, Overseas Opportunity Letter, and get your FREE report: The 10 Best Places To Retire Overseas In 2021

  • About Us
  • Contact Us
  • Privacy Policy
  • Terms
  • Unsubscribe

© 2008-2021 - Live and Invest Overseas - All Rights Reserved.

No Result
View All Result
  • Home
  • Countries
  • Budgets
  • Archives
  • News
  • Events
  • Bookstore
  • Newsletters
  • About Us
  • Members Area
  • Contact Us

© 2008-2021 - Live and Invest Overseas - All Rights Reserved.

Get Your Free ​Portugal Report Today!
 

​​Learn more about ​​PORTUGAL ​​​and other countries in our free, daily Overseas Opportunity Letter​​​​​​​​​. Simply enter your email address below and we’ll send you our FREE REPORT — Portugal — The World’s Number #1 Retirement Haven
 

WANT TO RETIRE OVERSEAS?

Sign up for our free daily e-letter, Overseas Opportunity Letter, and we’ll immediately send you a free report on the 10 BEST PLACES TO RETIRE in style overseas. Each day you’ll learn about the best opportunities for international living, retiring overseas, offshore diversification and asset protection, and investing in real estate around the world.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.