• 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
Home Countries Portugal

Read This If You’re Thinking Of Buying Or Renting In Portugal

How Portugal's New Popularity Affects Expats And Investors

Kat Kalashian by Kat Kalashian
Apr 25, 2019
in Portugal, Real Estate
0
Portugal seaside town of Sintra

Image Source: iStock/Xantana

250
SHARES
3.1k
VIEWS
Share on FacebookShare on Twitter

As one of the most unassuming countries of Europe today, it’s easy to forget the power trip that Portugal enjoyed for centuries.

I’ve spent a lot of time in colonial cities in my life, but, until two weeks ago, I’d never visited the motherland herself.

So I return from this first trip with a smattering of trivia on the country, her culture, and her history. Turns out, modest little Portugal made some pretty astounding impacts on our world.

The Portuguese were the first Europeans to stumble on Japan and the first to establish trade with it. Many Japanese words derive from Portuguese, though some of the most popular stories are questionable…

You might hear that obrigado, Portuguese for “thank you,” gave the Japanese their arigato. That’s nothing more than a fun legend.

But tempura-style cooking? Tempura comes from the Portuguese temporada—seasoned meat. That one’s true.

It was a Portuguese explorer who was the first European to reach China by sea and to “discover” Hong Kong. Yet another Portuguese sailor—this one a pirate—soured relations with the Chinese, leading to an edict that banned men with Caucasian features from Canton, modern-day Guangzhou.

The name Canton stuck for centuries and comes from the Portuguese cantão, which was simply how the Portuguese mispronounced the city’s original Chinese name. This flub—still honored by much of the English-speaking world today—ended up in the annals of history, printed on maps and in atlases used far and wide.

That’s just a taste of Portugal’s colorful history…

What’s going on in the country today?

On the first morning of last week’s Live and Invest in Portugal Conference, longtime Portuguese friend and investment advisor Luis da Silva gave us the lowdown on the changes that have happened over the past five years (since our first event in this country) that are relevant to anyone thinking of buying, renting, or investing here today.

Here are just a few of the updates Luis shared with our audience:

  • A more cosmopolitan market. U.K. interest has diminished, but more Swiss, French, and American expats are moving in than ever. You’ll now see as many as 20 nationalities in one neighborhood.
  • More new builds. Many of today’s buyers don’t want to deal with renovations. So, as you drive around the country, you’ll see brand-new “square-built properties” intermingled with traditional homes. In fact, there are often not enough of these to meet demand.
  • Prices have climbed as much as 60% to 100% in Lisbonover the last few years. Buyers in Lisbon today need to be able to move fast. The best deals are often snapped up in as little as 24 to 48 hours.
  • Algarve prices are on the rise, too. While it was possible to buy a two-bedroom apartment for 130,000 euros or even less a few years ago, today a two-bedroom apartment with views of the Algarve coast will cost 150,000 to 200,000 euros.
  • Regulations are changing in the big cities to handle over-tourism. HOA rules in apartment buildings, for example, can impose extra costs for those operating Airbnb units. Something to be aware of if you’re thinking about renting out your property. Again, this applies only to the main cities. If you’re buying in the Algarve, it’s not an issue.

What hasn’t changed? Luis went on to remind us why we were all gathered in Carvoeiro…

  • Portugal is still a safe haven—currently the fourth-safest country in the world.
  • It’s a friendly country. Plus, in the Algarve, at least, English is widely spoken… allowing you to make connections more easily.
  • Ease of travel and connectivity. Faro—the Algarve’s airport—is well connected to Northern Europe. And, from Lisbon, you can connect to almost anywhere in the world.
  • Low cost of living. The cost of living in Portugal is one of the cheapest in Europe… and perhaps the best bargain in all Old Europe.
  • The Golden Visa program is still alive… and has changed little in the last few years (and allows you to maintain your residency status by spending as little as seven days per year in the country).

Luis also reminded us that Portugal is no longer a best-kept secret. We’ve been writing about this country for more than a decade. Now everybody is singing her praises—bloggers, vloggers, the lot…

Sadly, it will be a full year before our Live and Invest Overseas team gets to convene in Portugal again. If you missed this 2019 event, I wouldn’t leave it another year before you act. Not after what Luis and others have impressed upon us about this market.

If you’re at all interested in what this little sunny corner of Europe has to offer, I urge you to pick up your copy of our 2019 Live and Invest in Portugal Home Conference Kit now, while it’s still available at the pre-release discount.

From this collection of 33 recordings and bonus reports, you’ll learn:

  • How to get the best deal on a rental or purchase…
  • Your best options for health insurance and medical care in this country…
  • How to open a bank account, for yourself or your business…
  • The top residency visa options… and how to qualify…
  • Several itemized budgets for day-to-day living, for those with budgets big and small….
  • Terms for borrowing locally for the purchase of real estate…
  • Real-life tales of success from expats already living and doing business in this top emerging retirement and investment haven…
  • And much, much more…

Kat Kalashian

Tags: buying in PortugalRenting In Portugal
Share118Tweet55
Previous Post

After 2 Years Overseas I’m Happier, And Healthier, Than Ever

Next Post

5 Rules You Should Apply ASAP If You Don’t Want To Retire Broke

Kat Kalashian

Kat Kalashian

Kat Kalashian has grown up around the world, living in the United States, Ireland, France, and Panama, and has traveled extensively in her few years. Growing up as a young expat she is familiar with the trials and tribulations of an overseas move and the adjustments that must be made in every new destination. Living and learning through experience, she now considers no one place home and feels more comfortable in new environs than in familiar ones. After living in Panama for seven years, where she enjoyed living for a stint in the tropics, she and her husband relocated back to Paris, France, in 2018 where they now live full-time with their American-born cat, Panamanian-born dog, and French-born daughter. Her post as Special Projects Manager of Live and Invest Overseas keeps her busy… whether it’s spearheading a big new product, MCing Live and Invest conferences, or scouting out new locations for coverage, she’s always on the move and eager to discover new things.

Related Posts

Beautiful panorama over the cityscape of Camara de Lobos in Madeira island, Portugal
How to

Keep Your Money From The IRS With Overseas Real Estate

by Kathleen Peddicord
May 15, 2022
0

8938. That is the number of the IRS form you have to fill out to report foreign financial assets. If...

Read more
Scenic view of traditional cycladic houses on small street with flowers in foreground, Oia village, Santorini, Greece.

Questions You Must Ask Before Buying A Home Overseas

May 12, 2022
Cefalu is city in Italian Metropolitan City of Palermo located on Tyrrhenian coast of Sicily, Italy

Find Out How To Buy Real Estate Overseas For Cash Flow

May 11, 2022
View of Puerto Vallarta city

Top 10 Reasons To Buy Property In Mexico Today

May 2, 2022
roup of rock formations in beautiful beach on a sunny day in Portugal

Why Moving To Portugal Should Be The Next Thing You Do

April 22, 2022
A cobblestone street in the Algarve, Portugal with colorful houses and red flowers

The Top Tips To Live In Portugal From Expats Themselves

April 21, 2022
Ferragudo, Algarve, Portugal

How One Couple Discovered A Great New Life In Algarve

April 21, 2022
Next Post
Cartoon man next to money rising chart

5 Rules You Should Apply ASAP If You Don’t Want To Retire Broke

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.

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 2022

  • 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.

The World’s Best Places To Be In 2022?

Discover Them Here…

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.

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