Why Americans Are Moving to Portugal for a Better Life!
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- Опубликовано: 9 сен 2024
- Please contact Maria directly at maria@stayclassy.co if you are interested in buying a property in Portugal.
⤵ Please Read The Full Description ⤵
At the time this video was filmed, Maria was working as an International Real Estate Consultant at JLL. She is now working as an independent advisor who helps foreign clients in their journey to identify the perfect property for them.
To help Maria supply you with the most pertinent information, we encourage you to include the following details in your email:
- Your full name and contact info (phone and email)
- Where do you currently live?
- Where are you hoping to buy (city or region of Portugal)?
- What type of property are you looking for? (apartment or house, number of rooms, etc)
- When would you like to make your purchase?
- Are you looking to move to Portugal, is it a Golden Visa investment, or are you just planning to make a general real estate investment?
- What other questions can Maria help you with?
To learn more about the homes in this video or to talk about buying a home in Portugal in general, contact Maria directly at maria@stayclassy.co
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If you are looking for an interior designer to help you with ideas and renderings, you can hire Amalie. Send an email to hey@stayclassy.dk if you have a project you need help with.
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Americans are moving to Portugal in droves, and there's a good reason: Portugal is one of the most affordable countries in the European Union! In this video, we'll tell you all about why Americans are moving to Portugal, and why you might want to consider it too.
From friendly locals and great weather to affordable real estate and top-notch healthcare, Portugal has it all. If you're looking for a new place to call home, then Portugal is definitely worth a look! Watch this video to find out more about this affordable European country, and see if it's the right fit for you!
Why did you move to Portugal? Share your story! ❤ We will be doing more of these videos with real estate around Portugal and in different price segments. Where should we go?
My hubby surprised me with a trip to Lisbon in February 2020 and we fell in love! Two trips later and we packed our car, drove from France to Lisbon, checked into a hotel, found an apartment in Avenidas Novas and never looked back! Just bought a house in Torres Vedras which is a hidden gem no one talks about...HOUSE not an apartment, beautiful view, great price and close to Lisbon and the silver coast...Just amazing!!! Oh, and we have a fortress built when Napoleon invaded Portugal and the Portuguese pushed him out right in our backyard...American dream!!! Sigh...❤Portugal
I was sent through my mother's womb
Go to Terceira
Terceira Azores
Braga
760,000 EUR is affordable? I almost fell out of my chair. That is ridiculously expensive for most people on the planet and only "affordable" for the rich. What are you smoking dude? And that too these prices for Portugal? Totally Ridiculous. Portugal is in an epic housing bubble and the story is similar to what happened in Spain in 2008, this will end in tears.
Lisbon and others portuguese cities are losing their local residents because portugueses people cant afford these crazy prices. Without there people, cities are just buldings without soul.
60% of high-end real estate in Portugal is bought by locals. So there are many Portuguese people with money. When it comes to people with an average income, yes, they won't afford it, but it's no different in any other big city around the world whether it's Copenhagen, Paris, Rome, Berlin etc.
@@joenandamalie That means 40% of real estate is bought by foreigners, which is a lot. And Just because it happens in other parts of the world it doesn't mean it's less problematic. How does this trend develop in the future? Do rich people just buy everything, and the average person gets exploited to the bone? How did it evolve in Copenhagen? The average person has to live somehow, and I had the idea that in Denmark young people could afford to leave the house much earlier.
@@ortonga99 I think the 40% has decreased when 2022 statistics are publicly available as Golden Visa no longer exists inside Lisbon, but either way it's important to understand that Portuguese locals are in fact buying a lot of these "overpriced" properties. I think generally we are entering an era where you will see a larger gap between rich and poor. This is a result of corporate culture taking over with ever increasing automation and a continuously higher tax pressure on the average joe. Everyone is getting squeezed these days. If you think young people can afford housing in Copenhagen - or Denmark in general - you are grossly mistaken. Among my old friends in Denmark (most in their mid-30s) not a single one owns their own home. They are all renting. And the rent is crazy high. Getting a loan in Denmark requires you to have 20-30% of the value in savings. Who in God's name has 150-250.000€ saved up in their early 30s? Times are tough for most of us!
@@joenandamalie Thank you for your reply. How is this sustainable? It is a bit frustrating because this makes everyone worried about getting their 'bag', but no one cares about society as a whole. I worry about how this cycle will end. Maybe the West will become like third-world countries, where the contrast between rich and poor is huge. And then what happens? I guess no one can answer.
@@ortonga99 I never said it was sustainable. But it's the direction of society. Not a million horses can change that, so might as well go with the flow. What will happen? No one knows. Will it be bad? Maybe, maybe not. We always make an effort to live life with a positive head-on attitude. Whatever life throws at us, we will persevere. If you took everything from us, we'd be fine. Because we have ourselves. And that's all we need in the end :)
Ah, thing is Portugal should adopt Canada rule of no outsiders buying houses, people moving to Portugal from places were they get better payed are making the prices of houses skyrocket and directly impacting me and everyother young portuguese person possibility of being indepent.
I like interacting with turists, i really do but pls, youre actively ruining Our future
Vivemos do turismo…
Mas neste momento os locais estão a sobreviver e não a viver.
Viva à especulação imobiliária.
Obrigada por destruirem o sonho da Geração portuguesa, com o seu mísero salário. Acham que isso é “affordable” para o comum português. As pessoas estão literalmente a ser expulsas, dos centros porque não conseguem pagar rendas exorbitantes. E temos estes governantes, “Bananas” que não defendem o Povo.
Os Estrangeiros vem viver o sonhos, e nós temos de sair porque não temos dinheiro para pagar um casa decente. Bravo 👏👏👏 Obrigado
Gosto dos vossos vídeos. Da vossa filosofia. Mas isso não.
Sorry. E é mesmo em português.
Os jovens portugueses estão sem Futuro.
Casas feitas, para bolsos de quem não tem os rendimentos deste país.
Quando certos t0/T1 mesmo em zonas mais afastadas 45m-1hora do centro estam com preços esmagadores, pra cima de 200k
Muito triste… Sou da Ilha da Madeira. Tudo triplicou. E vivo na Bélgica porque não consigo viver no nosso país…
É tão triste… Revoltante…
Relatos de pessoas que literalmente tem de abandonar onde vivem, porque os senhorios estão a duplicar as rendas. O que é isto?!
Um casal onde 1 deles é médico e outro engenheiro, não conseguir comprar uma casa em Lisboa (exemplo visto hoje nas redes sociais). É isto que queremos para as gerações vindouras?! Porque a nossa já está perdida.
O governo tem de fazer alguma coisa
I love u both but honestly, as a 30 year old portugueses woman, i’m very sad with this type of vídeo. I’m privileged, 30 years old, married with a salary below but close to the average and a house bought for less than 200k but It’s not a house to start a family (because my parents helped me otherwise it would be impossible). Regardless of my parents help, tese houses are completely beyond our ability to buy because there is a constant incentive for foreigners and investors to buy. I have friends aged 40 who live in rooms costing half their salary. Couples who separate and have to continue living together because they can’t afford a house individually. It causes enormous frustration to continue to say that Portugal is an affordable place to live when we receive 125 euros as a handout from the government to face inflation. I studied in Lisbon in 2010 and returned to live in 2018. It’s very sad to see the city completely lost its character, sad to reach an age where we should have stability without the ability to have an individual space, have children or be able to enjoy the cultural and gastronomic life. We live to pay expenses and save. If we make it. We support tourism but we cannot support the decrease in our quality of life as portuguese without a place where we can live with dignity. Your affordable is our luxury
You have to remember that it's the Portuguese who are selling to the foreigners. They are the ones benefitting from these high prices. And then you have your own government who is allowing the foreigners to come. They are the ones the Portuguese should hold accountable. Especially in addition the low salaries that never seem to go up.
@@joenandamalie yes It’s True but promoting that Portugal is an affordable country to live in does not favor the situation we find ourselves in. Often the portuguese sell the house for an acceptable value, investors remodel the house and the sell it for a value above what is fair. This much higher value is still affordable for foreigners but not for us! In other words, the average portuguese does not earn money, it is the investir who earns.
Why is it that in Lisbon and Porto there is no possibility of buying houses from banks with special financing advatanges as sometimes exists in other areas of the country? Because before the hit the market they were already reserved for investors. And don’t tell me we can move to other parts of the country to have a lower cost of living. Im from Covilhã, studied in lisbon, went to Covilhã and i had to return because i couldn’t find work in my field in the countryside. I work in the mass market and the brands do not invest in stores in the countryside. Of course the basic problem is the management carried out by our government but this type of promotion does not help
I'm a brit that moved to Lisbon in 2013 and just recently had to move back to england because I can't afford it on an average portugal salary.
Lisbon used to be the sleeping beauty of Europe, but now it's the 'New Barcelona' and is becoming ruined
The market for foreigners is overpriced, but they still pay for it, and that inflates the market overall.
Hello Maria - I understand your frustration. The same exact situation is happening in Miami (USA) with the Real Estate Market. Wealthy people from California, New York and Latin America are buying Real Estate in our city causing a demand which ultimately has ridiculously increased/inflated the cost homes and condos. Sadly the cost of living continues to rise yet the salaries continue to be low compared to NY, California, etc. The young generation finish studying expensive careers and cannot afford to buy a home nor rent due to high cost. Young folks are living with parents and grandparents because they cannot afford to live on their own in Miami. I think this situation is affecting many cosmopolitan cities worldwide unfortunately. Good luck to you and your family. Saludos!😎🌞
Portugal is a beautiful country full of friendly people, fantastic food, safety, stability & affordability. I love Portugal. One day I will move there.
That same house 10 years ago, would be less than 150k.... It's incredible the prices now!!
That's a lie... A T1 was around 150 20 years ago. A good T1
Portugal is becoming an elite country, students can't find place to rent, and the young generation can't aford the cost of renting or buying, let see if 2023 we will see something changing this trend. BTW great video as usual.
I'm Brazilian and I rented a room in Lisbon for 500 euros in 2019/2020. This is quite expensive for a fucking room, REALLY!
Meh, just in very few concentrated areas. Most of Portugal is empty, cheap, and on the decline... Economy is bad, demographics suck, debt is unsustainable and climate change won't be kind to you either...
Not to be rude but you should really look at your future with a numbers driven, analytical approach. This isn't rocket science. You're just one crisis away from absolute devastation and all these US geniuses bought significantly overpriced real estate, and many of them will turn into bagholders. You'll get your chance to kick them in the teeth soon enough...
I don’t think the foreigners care much about what their purchasing power is doing to us. They are fine glamouring through town with their wine glass and sleeping comfy at night in their 2,000 euros’ apartment. They forget that our economy is not strong and that tourism does not sustain development.
@@Apilif91 I know few portugueses from Lisbon and their situation is chaotic, they are forced to leave the city that tey lived for 50 years because they don't have money enough now. Obviously, tourism is GOOD, but it's getting to a point where it's kind of inhumane for the people who live there.
@@mysterioanonymous3206 Most of Portugal is empty and cheap, but the areas where most jobs are is still Lisbon or areas around it (or Porto and surrounding areas in the North). If it is so cheap there, why don't these "US geniuses" move there? Maybe they don't like the lack of things like hospitals, good transport systems and such? So, why are they basically (indirectly) forcing locals to go to these places? It's selfish, entitled and inconsiderate
Driving housing prices up and what about the local Portuguese? Tourism is good, it can help bring about positive change but provided its done in a controled manner......and there is no guarantee that they will take up and help preserve the Portuguese culture......which to me is what is the most important...... They must adapt to the Portuguese not the other way around....
Man the whole planet is turning into a monoculture, don't you see that? At this point large cities become almost interchangeable...
@@mysterioanonymous3206 not an excuse. WHEREVER you move WHEREVER you are FROM, YOU should adapt to the country you move TO! End if story.. learn the language adopt embrace the Culture!
ONLY Americans seem to think otherwise! 🏴🇬🇧
@@AB-C1 I agree 100%. I am visiting Portugal in 2 weeks to see if this could be my “forever home.” The most important thing to me is to study, adapt and immerse myself in the very culture that has made Portugal such a favorable destination. This part of Europe is stunningly beautiful and I can’t imagine disturbing that. My wish is to find a small cottage outside the city where I can have a small garden and room for my dogs to run around, all while immersing myself in the culture and beauty.
Now do a video about how many portuguese people living in Lisbon against how many foreigner are moving to big citys. The landlords are rising the prices so high that locals have no other choise to leave. When that happens the landlords renovate the building and make Arbnb or renting 10 times more to foreigners
You guys leave in a parallel world here in Portugal.
Mas se não fossem os estrangeiros e os portugueses emigrados os centros de Lisboa, Porto, continuariam em ruínas, e as pessoas continuariam a queixarem-se dos senhorios que não faziam as obras. Queriam continuar a viver em prédios renovados e a pagar rendas que não podem ser aumentadas desde o século passado, os senhorios não são a segurança social,e para o estado não compensa construir habitação social porque assim deixa de receber IMI,as câmaras deixam de receber taxas de construção e tudo o que se paga quando os privados constroem
I never predicted that AirBNB would get so out of hand as to destroy the fabric of neighborhoods because of greed in the real estate market. It's a shame. And it's sad.
@@saragomes6242 Antes a maioria dos prédios era degradada mas barata. Agora alguns prédios foram renovados, e os outros continuam degradados mas duplicaram de preço sem terem tido renovação alguma.
@@montgomeryclark7531 I feel the same way. Sad
@@saragomes6242 comentario ridiculo. tourismo é uma coisa. esta gente que vem para ca viver sem pagar impostos sobre os seus rendimentos é totalmente diferente.
This is a beautiful apartment but 750,000 euros!!!! Are you kidding??? You think that is affordable??? In what universe??!
Exactly!
And Portuguese wage is 800-1200. This guy is just crazy.
These prices are ridiculously overpriced/ overvalued.
Based on what? :)
To have a golden visa, you have to invest up to 500,000€ or create a job, otherwise you cannot have a residence permit in Portugal
@@Luckyamor Okay, so buy something actually worth half-a-million dollars. Don't buy something worth 300k for an inflated price.
Agreed. Crazy price in a small/poor country
@@joenandamalie based on the median income of a Portuguese.
I regret giving you Suoer Chat bucks in the past.
"Affordable" Nothing in this video is affordable.
Americans(read Californians) are swarming Lisbon ruining it in the process. For them everything is "affordable". Lisbon is turning into a theme park. The restaurants are worse and more expensive by the day. I went to a bar called Foxtrot the other day. It was this speakeasy style bar, heavy smoke, cool atmosphere. Now it turned into an instagram bar, no smoking, filled to the brim with liberal americans. It was always expensive, but now it is expensive and shit. Who puts cinnamon in a Grasshopper?!?
This week, I went to book a table at Bonsai. The thing about Bonsai was the ramen they did traditional style that took 4 days to make. So I call 5 days in advance to book the ramen. They don't have it anymore!!! Why??? It was the whole point of that restaurant.
For contrast, I went to Dom Tacho, lauded for the best francesinhas in Lisbon. And it was EMPTY!
It's all fake, it's all for looks. I wouldn't mind americans if they were real americans, if they brought with them that southern food, that Texas BBQ. But no, these "Americans" bring nothing to the table, literally.
I think you are describing society in general. Whether you like it or not this is everywhere. Old culture is going away taken over by the new. At least that’s the case for metropolitan cities. Personally, we love Lisbon. Yes, it’s more expensive than five years ago. But can you name a place where that hasn’t happened? No one can afford to live inside Copenhagen unless you are earning a lot of money. In Lisbon it’s still somewhat reasonable, but of course not from a local’s perspective, but what is the solution? Golden visas for Lisbon no longer exist, but foreigners who actually move here can. With remote working continuously growing we will -for good or bad- see a growing international population in places like Lisbon. We ourselves are a productive of this.
Definitely - was in Cascais recently and a lot of the backstreets looked like a hipster theme park. Don't even think the Euro tourists were interested in the style of restaurants (or the prices). On the surface I thought it was really sad but I guess they're catering to a certain type of customer (read American). Most bars in Lisbon just assume you speak English when ordering these days and look a bit confused when you speak Portuguese
@@kyo778 In August I went to Albufeira, for a work meeting and decided to see how the restaurant prices in the touristy streets were. I was shocked. I was shocked to find out that restaurants for the British tourists were CHEAPER than restaurants in Lisbon. So, you are absolutely right, restaurants for euro tourists cannot get away with those prices.
Liberal Americans destroy everything they touched. I just feel soo bad for the Portuguese people. Their country does not deserve this invasion.
Portugal needs jobs not liberal Americans.
Californians: please stay away from Portugal, we don’t want you here.
such advertising will encourage an increase in real estate prices for domestic residents.....
I don't think this video will have much of an impact on the overall market!
@@joenandamalie This one by itself maybe not much. But all the videos all over the Internet at the same time will. Please, leave. Nobody needs you here.
@@nureinbratwurst2109 - nobody? I think a lot of Portugeuse would beg to differ. More than 20% of Portugal's GDP is from tourism. If we all went away the economy would be heavily affected negatively in addition to an increased unemployment.
@@joenandamalie turism is different than actually moving and setting residence in Portugal. Property prices is skyrocketing here. More and more people can't afford to buy property or rent - I'm one of them. Not to mention people in cities like Porto and Lisbon, most of them elderly, who have lived their whole lives in old flats located in the city centers are being evicted because of big investors wanting to refurbish these properties to sell / rent for 3 or 4 times more. Elderly people becoming homeless because of greedy, shameless businesses and government. I live here, I know what I'm talking about.
Ahah, it already did! House prices never been so high as now. We are going through the worse housing crisis ever. Thankx a lot 🖕
Holy good lord the prices there have gone crazy. I lived in south of Spain back in 2019 and would go up to Lisbon often, it was less than half that price. I’m heading back to Portugal later this year, I’ll be going to the smaller towns just because of the costs. USA isn’t any better price wise I suppose.
First 5 seconds of the video ¨Lisbon is the best city in the word"...first house in the video 1 million euros...Average salary in the country 800 euros...loool it is indeed the best in the world...
at the rate prices increase in Portugal, i'm not sure this will last long.
I hate barking dogs too. I don't understand why it's considered normal here. Imagine your neighboors yelling all day long? You would call the police at some point. But somehow when it's a 4 leggeds animal it's all ok.
Speculation is killing the real estate market, it's a buble. In a matter of years not even the Portuguese high middle class will be able to afford buying a house, when digital nomads earn 8000/month and don't mind paying a 2000+ rent for an average appartnent. But this bubble will burst soon, just watch.
Agreed. 2008 in USA
it will not burst. this will become even worse. wait and watch
The prices are gone up hugely due to these Americans flocking to Europe ...
Wow those prices are crazy high, even on american standards !
promoting an already inflated real estate market. great idea! We'll see how it goes when the bubblish market will implode: most of credit is in floating rates in PT and interest rates are on the raise...
it will not implode :( parasites are waiting for those who lose their homes and they buy them.
While the number of Americans moving to Portugal is definitely on the rise, they (we) still don't crack the top-10 of countries immigrating to Portugal. I would also note, that although immigration has increased more than 40% over the last ten years the overall population has still decreased by 2% over the same decade due to emmigration of Portuguese people.
And why do you think we are leaving our own country? Believe most of us do that as a last resort. Due to rich foreigners coming here because it's "cheap" the local population is being gentrified and pushed out the major cities, including Lisbon, Porto and Coimbra, where the main universities are located, pushing out the students and future workers from learning. So called "expats" choose to ignore all the harm that they are doing so they can feel better about profiting from the exploration of the natives.
Sorry if this seems crude, but feeling helpless while all this is happening around you, knowing you can't spend your life at home, is quite anxious as a young Portuguese.
@@mimiloforte I don't disagree with any of that. Similar arguments can be made in just about every country, including many cities in the USA (those rich Californians moving to Arizona, for example). Blaming Americans for this is short-sighted, and the main point of my original comment. I don't have the answers, but stopping immigration is not the solution either.
@@az2pt
74.6% of the Portuguese population own their house and only have to pay their Counsil tax.
10% of the Portuguese immigrant workers
10% of the Portuguese population are new citizens that became Portuguese in the last ten years , mainly Brazilians.
80% of the properties rented in Portugal are rented for under €400.
You can check this data in the Portuguese national institute of statistics or in the independent one Pordata.
The Portuguese leave the country due to low salaries not because of the property prices and much less due to the 7000 Americans that live in the country.
Some parties , the ones responsible for the low wages , blame foreigners for their bad policies , they even say that 7000 Americans increase rental prices but that 1 million immigrants from poorer countries don't.
For those parties and the media , Madonna , Michael Fassbender , Monica Bellucci , John Malkovich , Princess Eugenie and others are renting and buying the properties that the Portuguese working classes used to rent and buy.
There are no houses to rent in Portugal because most of the Portuguese own their house , builders and investors know that it is bad a bad idea to sell ice to the Eskimos.
The Portuguese birth rate is 1.4 per woman most of the Portuguese have their parents , their maternal grand parents and their paternal grand fathers houses to inherit.
Every Portuguese kid has an house to inherit and some have two or three.
You would be crazy to invest in the rental market in Portugal , that's why it is nearly inexistent.
@@terra7066 You should look at the data per region. You are committing a fallacy that is to look at national-wide statistics and assume those numbers tell you everything about a country's reality. Like in many other countries, you have two "Portugals" with two very different realities. It's nonsense to say every portuguese kid has an house to inherit. Also having a mortgaged house is not the same as owning your house in its entirety. Loan debt is similar, even though lower, than most rental prices.
You are ignoring many demographical and house market trends.
@@Smsbulgaria
Yes I did.
Most of the rents under €400 are in old Lisbon.
Sorry , I forgot to say that.
Very nice apartments, but the prices seem a bit high. Would be nice to see a video with more affordable prices to see what you’d get.
We will do more of these videos with different kinds of apartments. Inside Lisbon you won't get much more than a studio in the 200-300.000€ price range.
@@joenandamalie I look forward to seeing those. Thanks for the info.
OK, look. She's adorable. He's funny. One of our favorite channels. These apartments make good real estate porn. But remember, the average Portuguese makes 33,000 EU a YEAR. Short of fantasy, only the 1 percent buy these. That's fine. But my guess is your viewers are young (RUclips demo's) and these properties are not realistic for many viewers. Where are the Portuguese properties below 100,000 EU??? And your realtor, Maria with JLL seems perfect we'd hire her in a heartbeat but I wouldn't want to waste her time until the budget is half a million or higher. Will Portuguese citizens come to resent Expats moving in and inflating the market to unreasonable prices. I bet, yes! Following what has happened in the US is a terrible path forward. As always, worth watching but deflating and disappointing to many is my feeling. What kind of home can one buy with an income of 33,000 EU a year?
WELL SAID!
@@rir79 Better for you if you don't take a career with the Tourist Bureau. I hope you feel better.🤪
@@rir79 I know you don't NEED me to wish you well but I will anyway. Happiness and good health! Where did you move to when you left Portugal? Were they more respectful of your efforts to be a part of society in your new adopted country? Why do you think Portugal is dismissive of you and your families? Many best wishes to you!
@@rir79 But we want to live in this glorious mecca that you describe. A nirvana where businesses don't constantly rip us off because of the color of our skin or where prices of everything go up because we are seen as a walking ATM. To be able to live next to locals and be a part of the community as equals is a wonderful thing! To raise our children in safety and care for our elders. You tease me with a dream, I think! Where did you find such a idyllic place? You would love to have me as your neighbor, I promise you. 😉
@@rir79 Most Europeans I know of have more money that they know what to do with. Good for them but that doesn't interest me. I do know that when I travel to Europe and around the world I pay a small fortune for local health insurance, so if you want me to give my money away, you get your wish. How many children do you have and how old are they? You need to plan for tomorrow and not just live for today. Can they get a quality education where you are? Are you in a city? The Capital? Or a small village? A teeny hint. :)
I love this videos where you make it look like Portugal is really cheap and Portuguese people live high standards...it's totally the opposite. How can a person live on 850€ average income and pay 450€ monthly rent??? Portugal is cheap only for foreigners. Said. I'm sorry...
If your salary is 850€ you probably shouldn’t live in Lapa which is among Lisbon’s most expensive neighborhoods. It would make more sense to live i. The outskirts, but yes. We agree it’s difficult for locals earning these salaries, but that’s generally how it is around the big cities. It’s for international citizens these days 😶
@@joenandamalieNow that's a very snobish answer.
@@joenandamalie I'm sorry, but that is not always possible. The further away from Lisbon you go, the less job opportunities you have. So most people end up living in the outskirts like you say, but have to commute 1, 2 or 3 hours everyday, just to work a barely livable wage. That is not taking into account the money you spend on it (minimum 40€ a month), food expanses, electrical and water bills. And to say that "you should not live in Lapa", just shows your ignorance about how the prices in Lisbon rising, also affects the prices in the outskirts rising. Maybe you can get lucky and experience it sometime ;)
@@hiveag9426 I am well aware of the struggles of the local people. I simply pointed out Lapa is not the place you would live with that income. I know even the outskirts are also expensive, but it is possible if you earn 850$.
You have exquisite taste in travel, I agree with all your tastes. That's why I really enjoy watching your content. I have chosen Portugal as my next travel destination thanks to your channel.
Thanks for your kind words. Really appreciate it! :)
Don't. there's not enough houses for the locals.
Já não existem.
São obrigados a sair porque não conseguem pagar as rendas. Infelizmente.
Ao contrário de quem quer vir, nós somos obrigados a sair.
Mas Paz e Amor😐
False. The locals are poor, go to the village
What locals are you talking about? Because 60% of all real estate in Lisbon is bought by Portuguese locals. If you mean locals with average incomes then yes, they won't be able to afford these homes. I don't see any solution other than the Portuguese people somehow come together and raise the low mean income. That's the big problem. For some reason Portugal has been unable - or unwilling - to raise the salaries even though prices have gone up. Perhaps corruption is part of the explanation, who knows. All I know is that it's terrible that salaries are so low in spite of a booming tourism economy. What the Portuguese government needs to do is make it more appealing for foreign companies to open up shop here. That could be tax benefits similar to NHR for foreigners or something alike combined with an obligation to hire locals with higher minimum salaries. One of the things we have learned after living in Portugal for five years, is that Portuguese people (and even companies) are more focused on saving money than making money. If this focus could shift to making money and be more opportunistic, I think we could see an overall increase in the salaries. We kind of want to make a video on this whole topic, because there also is a psychological element in all this. Perhaps it's generational pain from the Salazar era, but we would have to dig deeper and interview more locals.
@@tugaa24 and work where?
@@joenandamalie Yes low income and corruption is part of the problem but let's not pretend that airbnb's, golden visas, and remote workers have nothing to do with it.
You guys targeting American clicks lately...🤑
Affordable????? Only $$ Millionaires can afford any of the apartments you showed! :( :(
Yes, the Cascais villa for sure. But most would get a mortgage and put down 20-30% themselves. That means you don't have to be a millionaire. Far from it :)
Living in Lisboa since 2019 and dont want to go any another country. ❤
@@rir79 Well i can understand you just wishing you good luck 🍀
Way overpriced. The $3 million Villa wasn't even very nice. The only one I liked was the place with the orange tree that actually had some character. The others are soulless.
Well, the market is what the market is. You can’t say it’s overpriced when this is the general market prices. Soulless, well, that’s probably subjective. The first one has a lot of soul too, no? And just because a home is new doesnt mean it can’t get soul. It’s a blank canvas for you to decorate and give soul ♥️
@STAY CLASSY VLOG hey if you want to pay way over what something is worth that's up to you. Paying €600 grand for a tiny apartment is beyond ridiculous.
@@joenandamalie these new concrete block Apartments have nothing Portuguese about them. You could find the same in any major city throughout the world.
@@anneofgreengables1619 - you should really go to Lisbon and see the incredible effort there's gone into restoring almost the entire city center. Before the boom in 2015+ most of Lisbon was in decay and abandoned. They have maintained the facade of every building where it's been possible. Of course if you want crooked floors and walls and old tea kitchens from mid-1950s, you will be disappointed as these old buildings are new inside and modern inside.
Great video guys! My family is from Portugal and to be honest moving back crosses my mind often. Thanks for sharing!
You're welcome, Kardoso! Portugal is on the top of the list for many!
Always loved Lisboa, and knew it was a popular destination. But, didn’t realise how pricey the properties were due to popular demand! Awesome video and great movie references ❤
Thanks, Pat!
Yea, and one of the reasons they went up so much is pricesly beacuse of these "influencers" promoting the country so they can make money out of their online business
No more golden visa, the colonizing it is ending! D7 it is also almost done, victory for Portugal!
I'm an American still currently stuck in the US and I can promise you that moving to Portugal with these prices is not going to afford me a better life. Maybe if I were a millionaire or billionaire, but literally none of these places are affordable for regular Americans.
You as American if you could afford moving to Portugal will you make it ? what thing you will find in Portugal which you wont find in the US?
@@ghassanjenainaty4212 Healthcare is my biggest reason. Healthcare in the US is terrible.
@@jasonforester7292 i understand dear Jason. Healthcare in the US can be nightmare on certain occasions. Too bad this beautiful country is plagued by the tyranny of mad corporations
@@jasonforester7292 i understand. Health care in the US can be a nightmare. I hear that if you want to make a simple operation for Stomach cramps and stay one day at a hospital you have to pay 7000$ ! Is it true ? if in God forbid you have diabete. insuline cost 250$ when the same insulin in Canada cost 35$ ! Too bad this beautiful country is plagued by the tyranny of corporations
Portugal is very beautiful from one end to another, there’s many many places you can move to and live comfortably and affordable, other than Porto and Lisbon or Algarve!!
I’ve had a home here in Portugal for twenty-one years, relocating permanently two years ago from the US. I absolutely love the country, its people and culture, not to mention the many other positive aspects to this lovely corner of Europe. This being said, I am convinced that there will be, sooner or later, a reckoning insofar as the influx into the country of the likes of me and my family. Gentrification of the cities, particularly Lisbon and Porto, is occurring at an unsustainable pace. Many Portuguese are finding themselves locked out of home ownership by skyrocketing housing costs while attempting to sustain themselves and their families on comparatively meager wages. Though traditionally (at least for the past several decades) a tourist destination, the same is occurring in the Algarve. Although the government has taken some steps to alleviate this issue by eliminating the Golden Visa program and placing a moratorium in short-term rentals, other problems due to loose immigration policies persist. Public hospitals are experiencing rolling closures of specific departments due to a shortage of skilled medical professionals and financial stress on the national health system. It is my opinion that at some juncture the state will have no choice other than to close loopholes in the tax system that are benefitting expats at the expense of the citizens and national infrastructure. If the current policies haven’t yet raised eyebrows, it will only be a matter of time before the EU and Schengen Area take notice of this open door on the Iberian Peninsula. Despite English being the emerging lingua franca, many expats come without making a sincere effort to learn the language. The Portuguese are an incredibly warm and welcoming people whose generosity is yet another attribute of this wonderful country. Like all people, however, this hospitality is not without limit. I fear that we are testing the patience and means of our hosts.
Thank you for this, Timothy! Everything you wrote is 100% true. We are crossing a HUGE housing crisis with the average salary being 1600€ and a 1-bedroom apartment costing around 900-1000€. Although I do love living in a multicultural city, I do think it's unfair that we are being kept from the fundamental right of having a home to raise our children. I have a good job here, earning more than the medium wage, and I still can't find a decent place to live and raise my baby. Unfortunately, the blessings of some are the disgrace of the country as a whole, and we’re all so sick of ex-pats buying all of our housing to make a profit when most of us have nowhere to live. I have friends who are over 30 and still have to live with their parents, single moms who have to rent a room because they can't afford to rent a whole, and divorced couples who still share a house because they can't simply afford to move out. People are desperate and highly disappointed with how the state failed us and how most of the investors do not care about what they’re doing to the people who actually pay taxes and work in this country.
Tell us how many dislikes you got so far.
24
for that much money I can buy 3 smaller houses in the US and rent them out for 1500$ each, who in the world would buy this? horrible investment
Will expat americans become portuguese, or turn Portugal into a Puerto Rico?
Neither bruv
Hopefully expats treasure the culture and Portuguese life enough to preserve it. :)
Olá Amélia & Joen 👋🏻 it’s so good to catch your video! This was great! It’s fun looking at apartments.
Hey Jen! Great to see you here. Hope you are well! :)
😊👋🏻💛
Love your videos but these prices are not different than cities where people are moving from. These are not affordable unless you are down sizing from a 2 million dollar homes. If you would have titled this high end Lisbon apartments would have been better.
As beautiful as some of the places are the prices seem heavily inflated and with the rising interest prices I can see a crash happening . Only time would tell but I think I’d wait a few years before buying to see what happens
Thank you for promoting Portugal even more than what it is, helping destroy the property market. Please find other ways of making money, there is already a thousand American doing the same silly Portugal video
8:15 Someone should bring back the inquisition
We can't allow facades like that any more
😂 I thought the same
You should come back in São Miguel in few years. A lot of new restaurants are opening due to the influex of tourists/foreigners.
We are coming back this year for an in-depth video series of Azores.
Azores will never top up portugal im canadian yet born in azores just visited portugal and WHAT A DIFFERENCE😂
Way way way too expensive No Way No thanks
Enough of migrants!!!!! Pushing all the prices Up !!!
Nothing inexpensive about Lisbon. I’ll pass.
este video é só triste. os portugueses têm imensas dificuldades com os salários minimos e os preços não são de todo acessíveis. é claro que é barato e acessível para as pessoas em que o salario minimo é de 1200, que é o dobro do nosso. ficai no vosso país e não compliquem ainda mais as nossas vidas
Great video! At the end you mentioned you are making an update video about your own Villa -project. One year ago in your video (which you linked in the end of this video) the asking price of these ”Saudade Villas” were 1,6M€. Now thay are asking 3,3M€! I wonder how these prices have doupled on these Saudade Villas, as in average yearly rise of home prices on Madeira have been like +10%, not +100%?
Thanks! It's a combination of material prices going crazy during the last two years. Additionally, the house has more squaremeters and double the amount of features, so it's a different house. It also comes turnkey finishes rather than a shell. Furthermore prices on high-end frontline villas are exceeding 2.5m€ now, so the 10% is not correct for these kind of houses. These villas are on a different level quality wise. If you compare other high-end villas on Madeira with our, it's two different leagues which has to do with a relentless focus on only the very best materials and quality, but also an overall design that is pretty brilliant, but you will see that soon! ;)
It's always gorgeous, though perhaps a bit deflating, to see what millionaires can afford.
This was wonderful and so helpful! Thank you!❤❤❤
WHEREVER you move to, WHEREVER you are FROM, YOU should adapt to the Country you move TO!
Learn the language adopt & embrace the Culture! To do ANYTHING else is disrespectful and defeats the point of moving to another country in my opinion 🏴🇬🇧
Sorry but why we are normalizing these high prices?? And some of these properties still need some work done 😅😅
Another Fab video! But everything is very very pricey! The locals can only dream..... Its unfair.
I think it's not just locals. Most people would dream about having a nice apartment in a great city like Lisbon :)
Exactly!
This video is great - highly informative and entertaining. So much helpful information. Didn't realize how much more (relatively) affordable rents in Lison are when compared to Portugal. It's om my shortlist. *and Tony loves the ducks*
You guys have to go to Guimarães in the North of Portugal. There's where portugal was born! I am from there
We have several videos from there :)
If I were Portuguese I’d be fuming.
We are. Half the population is outright poor and can't afford heating for their houses during winter and foreigners make fucking vlogs about how cheap Portugal is. They're ruining the current and upcoming generation of portuguese people by inflating the housing market. I am technically in the top 5% highest salaries in Portugal and STILL CAN'T BUY A HOUSE NEAR LISBON. It's fucking ridiculous.
we are fuming. these guys come and dont pay income tax on their incomes. its disgusting. everyone that is portuguese complains about this on a daily basis. we like tourists, but go back to your country.
New Subscriber! Visiting Lisbon next month ❤ Thank you so much for the information.
Not anymore it’s not affordable … since American scrued it up for everybody now real estate is unjustifiably expensive. It was different 2 yers ago . It’s going to change soon and Portuguese will sit with expansive real estate on there hands 👍🏻👍🏻bc Americans will fined somewhere else to go. Plus most of homes are so purely finished.
I am from Beirut lebanon. Planning to apply soon for the D7 visa. I pray for peace in this amazing country. Good luck for all the Americans who moved to this country and hopefully you will be blessed with good opportunities and happier life away
@@GuilhermeS123 ???????
dont move here. we are fed up of expats. i dont know one person that doesnt complain about it. tourist is one thing. stealing our country is another
Bubble real estate, realtors only care for fat comissions , good video , bad investment ideas . Look what is happening in bubble markets .
What about utilities? What’s included? Internet service?
Videos hyping this up only make the problem worse. Stop it.
Wow though the houses would be cheaper than here in Texas
love this guys! maybe good to allude to potentila lssue like road noise? not sure but the place with the orange tree seemed like it might suffer from that if it was near road level
Well as a Pakistani I have a question, I am 40 years old. Today I have a choice to go to USA (process will take less then an year, H1B, will cost me around $8000 for processing) I am working in Portugal since 1 month in Telecom sector, on Tech Visa, 2000 euro plus salary. What advise will you give me, stay here or move to USA. Kindly support to make a choice for me and my family (Me, wife, mother, two little daughters). Thank you in advance.
I'm Portuguese and I love your videos,but I live in England , that's live..
you are just another victim of bad politics here more will follow
What up my boys!
Wassuuuuup
If you delete my comments...I can't support the content...😉👌
Beautiful but way more expensive than I can afford. Any budget recommendations? Southern Italy is looking better everyday.
Please go watch the benfica sporting in estadio da luz day 15
Well If you whant to stay in Lisbon you will pay A LOT (crazy values like the ones sugested here), but for those values you can buy a lot more and with even bether quality live style, plus cars, and even boats... SO I really sugest that any potencial buyer to see more and ask for more opinions, juts to be VARY HAPPY one this small litle garden.
Respect Us and you will be just like our family.
Enjoy
I’d have to have my American fridge (smart fridge with screen, Alexa….), 5 burner stove top in a large kitchen island, wall mounted full size oven and microwave combo unit.
You deserve at least 1 million subscribers. I don't understand this world!
🙏🏼♥️🥰
I agree with that statement! 😊
Do not fret, they will get there 🙌
Portugal não é só Lisboa ou Porto
Lisbon is beautiful and love ❤.
Indeed! Best city in the world.
How on earth a couple needs to live in a T6 apartment.
We have a T4
Have my own roots in Africa and in India, though being quite portuguese, I thrive in cosmopolitism and for many years dreamt with a multicultural country that Portugal has become. But not like this, pushing away all the Portuguese who cannot afford these prices. In that regard this whole video is obscene. Canada has already forbidden non resident foreigners from buying property, for this reason. It's time the same is done here.
EEEE can you do Porto next? Looking at both rentals and buying?
Median US house price $400k. Interest rates 7%. For the bitcoin bros out there that's $30k/ year in interest alone. Wait till papa Powell brings them them to 9%. Ask those "rich Americans" what they can afford to pay then for this "refurbished" "busy street" old garbage.
Pimping real estate = 11th hour of the krazee
2023 will be ugly
Eu amo el linguagem
3 million??????
My bedrooms are bigger than those and my house it's not 3 million.
A malta de cascais é fina :) :)
So glad to see your videos again. Have been to Lisbon two times and do love it here. Am seriously thinking about moving and buying a place. Will have to get in contact with Maria, thanks for the hook up. I see you are getting close to almost 100,000 congrats. Where will you put the plaque🎉? Going to check out your new house plans. HAPPY NEW YEAR………🤗🇨🇦
please dont come. we are fed up of expats.
@@sao2491 me expats=looking downs the locals
@@hi-te9bl you dont even know how to write proper english lol
STOP the Invasion!!! I want my city back!!!
Não votes no Costa ent, porque ele abriu as portas para a invasão.
Tu o quê? Epá muito antes do boom turístico que só começou em 2016 muitos antes mais de 1.5 milhões de portugueses já haviam abandonado Portugal em apenas 6 anos 2008 a 2014! Dizer que a culpa do abandono das grandes cidades de Portugal tem a ver com os expacts é da maior ignorância ou maior desonestidade intelectual. Até há poucos anos o centro de lisboa era repleto de prédios abandonado pela absurda emigração massiva de tugas para o norte l da Europa (a maior taxa de abandono de um país natal em toda a único europeia. Agora é preciso muita desonestidade intelectual para teres a audácia de dizeres que os locais deixaram Lisboa por causa dos estrangeiro. Não, meu caro, aliás forma os expacts e os investidores internacionais que recuperaram e reabilitaram as centenas de milhares de casas que os tugas abandonaram para emigrar quando Portugal ainda é patinho feio ao qual ninguém ligava
@@LHollan Fck Expats & _International Investors_
@@laloelsalamanca so what happen? Thousands of empty houses like before tourism boom in 2016! You should be honest, 1.5 million of Portuguese left the country between 2008 and 2014, when there was almost no foreign investment! The history is unchangeable, and INE numbers are clearer, much more people were leaving Lisbon before tourism boom, foreigners are filling places that people like you left EMPETY way before they arrive!
@@LHollan Maybe instead of repeating ad nauseam all that free market drivel you should stop accusing others of being dishonest if you want to make a point.
I thought it was Madeira? Please talk about your own country. It's good to see you've stopped drinking but I'm not watching until the end. Ohhhh it didn't take long for the pint of beer to pop up.
You guys are back in Lisbon!!!!!!!!!!!
2023 is the 100k year guys!
Yayyyy
To anyone considering coming here, dont. You WILL be mistreated and made to feel you are NOT WELCOME. Because you are not.
Nonsense. Portuguese people are super friendly. We never experience this. Ever. And we've been here 5 years now.
It's too late.
Umm…seems stupid to not make prices more evident in the video.
O casal maravilha 👌👏👏👏👏👏👏👏🥂🥂🥂🥂🥂🥂🥂
enjoyed your tours but not all Americans are rich... these homes seemed a bit large and expensive. Would love to see smaller
Thanks. Of course 3.1 and 2.2m € are for wealthy people, but 500-700K are not reserved for rich Americans only. That price range are for middle class Americans. Next video, we might venture outside Lisbon to see more affordable housing.
Lisbon is absolutely gorgeous. I would totally leave canada for Portugal. My parents are from Azores. Hopefully God will give me the gift of living there some day. 🙏🇵🇹
What about a garage?
Wow wow wow I need to visit Portugal
It's a bucket list destination!
14:11 WHAT?! It goes from a dark kitchen to entirely White... wormhole, glitch in the Matrix, what gives people?
It's Amalie's drawings on how it could look if you gave it an overhaul :)
I was shocked at the number of black people in Portugal. Apparently black Americans have been moving there for a long time. 🤬
Financially struggling people can't afford to relocate to Europe, it is more of an issue of safety, cleanliness, also some people do not enjoy being immersed in the atmosphere of murder, war, corruption, and poorly tolerate third world infrastructure conditions in the US.
Outstanding video.
Glad you think so!
E assim lentamente os grandes engolem os pequenos
escreva esse comentario em ingles. estes vem pra ca revendernos. alguns vem e outros batem palmas :(