Tax advantages and golden visa is going away and Portugal is having a declining population, real estate agencies will have to adjust to the new reality. And that reality will be declining home prices ..
@@a.cobbaut9711 This price needs to decline by more than half, IMO, to even be considerable. Portugal is going through a major inflation in housing prices, like pretty much everywhere else. Things is, the quality of build and finishes in the country are really sub par, verging on bad. This one is no exception. Looks cold and cheap, and whoever made decisions on this refurbishment, really needs to keep up with times. This looks like something from the 90s... The only way I see any worth in buying property in Portugal, is to buy a ruin and build it yourself. Otherwise you‘re being done. (I‘m Portuguese BTW)
@@whatacnut We have friends living in Portugal and Portugal has good builders but the run up in prices over the last few years has indeed attracted several people looking to make a quick profit. They want to sell low level work for high quality prices. You are right, you need to be there when the house is being built and make sure you have selected a good, experienced builder to do the work.
@@a.cobbaut9711 I‘m talking from experience. I‘m Portuguese, residing in Portugal atm, but I‘ve lived many years in the UK, so I have a good comparison ground. And believe me, the type of construction here is mediocre at best. Unless, obviously, you‘re willing to spend some £££. This house is a clear example of builders/owners trying to make easy money with a mediocre product. I would struggle to even value it at half that price.
Nice property
Must still think he is in the UK with that price, 155,000Euros is all it is worth.
its not a 250 k e ?
Lots of attractive points. Did I miss the price? - ah, € 265,000.
Over capitalised?
265k?! You're having a laugh
Tax advantages and golden visa is going away and Portugal is having a declining population, real estate agencies will have to adjust to the new reality. And that reality will be declining home prices ..
@@a.cobbaut9711 This price needs to decline by more than half, IMO, to even be considerable. Portugal is going through a major inflation in housing prices, like pretty much everywhere else. Things is, the quality of build and finishes in the country are really sub par, verging on bad. This one is no exception.
Looks cold and cheap, and whoever made decisions on this refurbishment, really needs to keep up with times. This looks like something from the 90s...
The only way I see any worth in buying property in Portugal, is to buy a ruin and build it yourself.
Otherwise you‘re being done. (I‘m Portuguese BTW)
@@whatacnut We have friends living in Portugal and Portugal has good builders but the run up in prices over the last few years has indeed attracted several people looking to make a quick profit. They want to sell low level work for high quality prices. You are right, you need to be there when the house is being built and make sure you have selected a good, experienced builder to do the work.
@@a.cobbaut9711 I‘m talking from experience.
I‘m Portuguese, residing in Portugal atm, but I‘ve lived many years in the UK, so I have a good comparison ground.
And believe me, the type of construction here is mediocre at best. Unless, obviously, you‘re willing to spend some £££.
This house is a clear example of builders/owners trying to make easy money with a mediocre product.
I would struggle to even value it at half that price.
Is there a mistake..........do you mean 165000 ??11
Far too pricey for me. Anything affordable ?
nice house but really bad location, and you say price 265 k, on web is 250 k, its really not fair
nice property ,but over priced!!
📍 *Location:* Espinhal, Penela
💶 *Property price:* €265,000
🛌 *Bedrooms:* 3
🚽 *Bathrooms:* 2
🏡 *Covered area:* 212m²
🪴 *Land size:* 202m²
🔗 Property link:
www.propertyshopportugal.com/property/wonderful-stone-property-in-a-much-sought-after-position-not-far-from-the-town-of-espinhal-coimbra/21040840