Portugal boasts beauty, history, accessibility, real-world infrastructure, culture, a low cost of living, and, of course, an impressive coastline backed by miles of white-sand beaches.
Portugal offers every convenience you could need or want, including:
Buying and selling real estate in Portugal is a simple, transparent process, but it takes time.
The property market is well-established and there are no restrictions on the purchase of real estate, and transaction costs are generally low. Plus, the Portuguese government encourages people from other countries to invest in real estate by offering the Golden Visa program.
Most property is sold freehold. The country’s property registry system is centralized and very reliable. The law protects property, property rights, and the right to access and use one’s own property.
After languishing for a few years following the financial crisis of 2008, the Portugal property market began to bounce back in 2014 and has been improving ever since.
A typical 120 square meter apartment in a high-end part of Lisbon will rent for around 3,426 euros a month and costs 340,000 euros to purchase.
The same apartment in the Algarve will rent for about 1,736 euros a month and sell for 220,000 euros.
This isn’t one of the world’s cheapest places to live, but it's a bargain compared with elsewhere in Europe.
The real estate market in Portugal has significant price fluctuations influenced by various elements, including location, property size, condition, available amenities, and overall market demand. Fortunately, Portugal has lots of housing choices across multiple price ranges, catering to a variety of financial plans.
This report is a must-have for every (would-be) Portugal expat and provides an honest, complete, and current introduction to Portugal, a place that offers tremendous advantages, appeals, and benefits for the would-be retiree abroad. In these pages you’ll find a comprehensive and full-color look at the Portugal, including:
Overseas Opportunity Letter comes from Kathleen Peddicord, who 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.