Buying Portugal Real Estate - Answering All Your Questions - An Ultimate Guide: Tips, Tricks, More!

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  • Опубликовано: 16 июн 2024
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    Our Rich Journey - Buying Portugal Real Estate - Answering All Your Questions - An Ultimate Guide: Tips, Tricks, More!: With so many changes happening with real estate rules and regulations in Portugal, I thought I would make a video dedicated to YOUR questions about real estate in Portugal. Within 24 hours of asking for your questions that you want answered, I received more than 150 questions! In this video, I answer your questions! Find out more about real estate taxes, how mortgages in Portugal work, whether I think it's a good time to invest in real estate in Portugal, where I think the best investments can be found, and more!
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Комментарии • 119

  • @OurRichJourney
    @OurRichJourney  10 месяцев назад +2

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  • @diogoredes
    @diogoredes Год назад +43

    Would be great to have a video dedicated to tiny houses in Portugal!

    • @kendalllampkin3188
      @kendalllampkin3188 Год назад +10

      I TOTALLY AGREE! With all the different and sometimes difficult bureaucratic zoning laws it would also be great to report on where Tiny Houses are allowed to be. For example where can you buy a piece of property and be able to place a tiny home on it year round? What type of permits are required?

    • @Sam-gl6bm
      @Sam-gl6bm Год назад

      He kinda highlighted it towards the end but tiny houses seem to be the best route because you can place them on urban, rustic, or mixed property. Classic homes/yurts etc have super strict laws but the tiny houses since they are moveable give you a ton of flex

  • @notating
    @notating Год назад

    I truly enjoyed receiving this information. We are in the process an grateful for this information.

  • @bonooliveira700
    @bonooliveira700 Год назад +1

    This was awesome! Would be great to see a full video on tiny houses in Portugal as well as in other places around the world! Like what to look out for, the process and etc! Really great job!

  • @lailaatallah1857
    @lailaatallah1857 Год назад +7

    Fantastically rich and helpful, Amon!
    I had no idea what was involved with buying, building or building tiny in Portugal.
    I love how creative you and Christina are getting with it all.
    $25-$35k for building a tiny house from scratch does indeed sound affordable.
    Be interesting to learn more about the regulations for these tiny houses built on trailers and subject to the laws geared toward “vehicles.”

  • @twinmommygenise
    @twinmommygenise Год назад +1

    This was a really good episode. Gave me a lot of ideas to process.

  • @dudinetravelviews
    @dudinetravelviews Год назад +3

    Thanks for the information. It is definitely helpful to get different perspectives on the housing market and Portugal.

  • @TiagoRamosVideos
    @TiagoRamosVideos Год назад +1

    Didn't know about that legislation of tiny houses being a vehicle 👌 very interesting, thanks 🙏

  • @huntermsc8356
    @huntermsc8356 Год назад

    Thanks for the clarification,we really appreciate your work .

  • @tozomona
    @tozomona Год назад +1

    Love it. Thanks! We're moving there.

  • @miajoyce11
    @miajoyce11 Год назад

    Thank you for all the concise information.

  • @Michaelsmercedes
    @Michaelsmercedes Год назад

    You spend so much time on the deep details. I love it. I'm waiting for your 30 minute expose on where to buy paper towels.

  • @lynebynd-wd5zz
    @lynebynd-wd5zz Год назад

    Good, helpful information. Thanks so much.

  • @scooter10421
    @scooter10421 Год назад

    Thank you for this imformation. I would like to see more content like this one.

  • @sdls92110
    @sdls92110 Год назад +1

    ha! "shift your expectations regarding how long the process of building a home will take".... we've been asking around in our communities and they've got some stories! Really appreciate this video. We tried to put offers on a couple properties in our location, but didn't even make it to the write a formal offer step so I admire y'all's tenacity and ability to get deals done. We've found the agents' idea of moving quickly and our idea of moving quickly were starkly opposite. Thanks again for the content.

    • @sdls92110
      @sdls92110 Год назад +1

      Also would love to see a PART 2!

  • @hrhsophiathefirst4060
    @hrhsophiathefirst4060 Год назад +1

    Thanks for the information. We are planning to build a self-sustaining property on the Silver Coast in the next 7 to 10 years so appreciate your insight. My husband insists on a lake so I may have to see that place you mentioned!

  • @MikeNouraei
    @MikeNouraei Год назад +2

    Awesome details. I wish you were in Spain where I’m going to be retiring to soon. I could really use some of your insights on Spain, but no worries; I’ll figure it out by learning from your insights here… Thanks!

  • @mariviberrios
    @mariviberrios Год назад +7

    This is an amazing channel and as always, today's topic is a winner! Thank you for sharing your knowledge. 🇵🇷🤗

  • @brightgreenleaves
    @brightgreenleaves Год назад

    You are the best! Thank you!

  • @thatsgreenius582
    @thatsgreenius582 10 месяцев назад +2

    This was very helpful, great ideas and insight. Would love more videos on real estate rental/sell taxes and also more on tiny houses.

  • @alicevanroyen5044
    @alicevanroyen5044 Год назад +4

    Great video that created even more questions. 😀 I definitely want to know more about the process of creating a tiny home. Have read different things about the legal process and how tiny homes are classified so any information you can give us would be helpful. Your places look great, by the way. Well done.

  • @ccul0439
    @ccul0439 Год назад +1

    Would love more videos like this please

  • @dr.smhafizurrahman1152
    @dr.smhafizurrahman1152 6 месяцев назад

    Thanks for your nice informative video!

  • @mmarquis6722
    @mmarquis6722 Год назад +3

    Such amazing information as always. Thank you Thank you Thank you for always sharing. Be continually blessed!!

  • @zizibressa4251
    @zizibressa4251 Год назад +1

    The best and thrusting channel. You guys are amazing

  • @shannahlulay8364
    @shannahlulay8364 Год назад +3

    Great video as always. I have used your previous ones as guidance and inspiration. Videos requested:
    1) purchasing from a bank sale.
    2) Step by Step on how to determine your offer, since PT doesn’t have MLS (like in the U.S.).
    3) would love you to interview your account about various methods and strategies to know or be most effective in PT or even as a “small business” (rentals).
    4) As often as y’all are moving around, I’m assuming your girls are homeschooled or school online. Please speak to that.
    5) Are your girls planning to attending an EU university or return to the U.S.? How will that work with applying for citizenship? As I assume that’s the end goal?
    5) Back to y’all traveling so much. Do you ever run into issues about residency timeline requirements of meeting the minimum for being in county, based on the permanent residency of the D7? When making accommodations for where you stay. Due to your family size, is there a platform you like to use more? Airbnb, VRBO, travel website.

  • @richardbuki658
    @richardbuki658 Год назад +2

    Where is Christina? It was so nice to see as you two are working together and changing the lead during the videos. 😊

  • @BelisaMazzara
    @BelisaMazzara Год назад +3

    Great video! I vote for more like this! Thanks

  • @AasiaKinney
    @AasiaKinney 3 месяца назад

    I am definitely interested in the Tiny House information. Good stuff, Thanks!

  • @JillTherese
    @JillTherese 4 месяца назад

    Super helpful video thank you!

  • @latrelleflecha8175
    @latrelleflecha8175 Год назад +2

    Thank you for this video! Fantastic info. I would love a 2nd video as you suggested. I want to hear more about mid-terms. What terms require an AL license? Our mortgage pre-approval does not require life insurance for expats so we are considering purchasing before we move. Thank you!

  • @AlexandriaMongeYourRealtor
    @AlexandriaMongeYourRealtor 4 месяца назад

    Excellent information.

  • @therealashleycrouch
    @therealashleycrouch Год назад +1

    I’d love to learn more about building a tiny house in Portugal!

  • @madelynurena-dq2fu
    @madelynurena-dq2fu Год назад

    Great Video

  • @zizibressa4251
    @zizibressa4251 Год назад

    I’d love hear more about it.

  • @marcusduarte930
    @marcusduarte930 Год назад +2

    thank you for the excellent information. how are properties assigned value/appraised? is there a formal tax value system like the USA?

  • @adrianincapetown7043
    @adrianincapetown7043 Год назад +1

    Loved your video. Fantastically informative. My question is, would trailer mounted tiny houses, circumvent rules related to vacant land advertised as "non building land"?

  • @peacetranquility2658
    @peacetranquility2658 Год назад +1

    This was amazing and definitely informative as always. How do we get a copy of the Tiny House handbook?

  • @rollingdhong
    @rollingdhong Год назад +3

    Have been following your journey on and off and have nothing but admiration for what you achieved and also what you choose to give back to viewers!
    I'm based out of USA and one concern while I'm still employed is the tax implications. If I get a resident visa and also an income generating property - how does it affect my tax filing? Do you use a CPA who does both your US and Portugal tax filing?

  • @markastor6740
    @markastor6740 Год назад +2

    Please do a video on taxes. As a US citizen living abroad you are still subject to US taxes on all income, absent renouncing citizenship. Please discuss.

  • @mandorlap8091
    @mandorlap8091 Год назад +3

    Very interested in tiny house information!!

  • @Chaka2479
    @Chaka2479 Год назад +1

    Great video. Please do a video on how to build a small house. Also, the advantages of building a house on wheels.

    • @portiamullings5127
      @portiamullings5127 Год назад

      Hi Chaka2, they’ve already done videos on this topic. Just search their video catalog and you’ll find something.

  • @urbanphotolab.project2223
    @urbanphotolab.project2223 Год назад +2

    Great video as usual. What is your favourite area along the silver coast? And what is the best value when you take into consideration amenities and house prices? Tiny houses are interesting... is it easy to put one on your own land/garden and rent it out for income? Thanks in advance. (-;

  • @OurRichJourney
    @OurRichJourney  Год назад +2

    ✈Want to move to Portugal? Enroll in our Moving to Portugal Course: www.ourrichjourney.com/movingtoportugal
    🔥Learn more about financial independence and retiring early: Enroll in our F.I.R.E. Master Class: www.ourrichjourney.com/firemasterclass
    📈Looking to learn how to invest? Enroll in our Stock Market Investing Course: www.ourrichjourney.com/investingforfire

  • @patrickmiller5262
    @patrickmiller5262 Год назад +1

    Hi, can you buy property thats zoned to place a few tiny homes on,
    awesome video

  • @mantvydasable
    @mantvydasable Год назад

    Hello, great video. I have one question: is it popular to use seller finance in order to buy a house that you will rent out? Thank you

  • @peterchirico2153
    @peterchirico2153 Год назад +1

    Great video but wanted to ask who does the inspections of homes your are interested in.

  • @francispowell1811
    @francispowell1811 Год назад

    Excellent, to the point, and highly instructive.

  • @Constellasian
    @Constellasian Год назад +4

    I know you said you won't share your builder, but can you provide the contact info for other reputable builders?

  • @TheClaudio7078
    @TheClaudio7078 Год назад

    At my age renting is the best option. But I did see some great investment
    upcoming locations in the algarve

  • @stevenburnsvideo
    @stevenburnsvideo Год назад +1

    New to this, but very interested in how to move or retire to Portugal with changing legislation and the risks that could present/disrupt... and without creating a negative effect of Portuguese residents and cost of living to them.

  • @jaanaprall9961
    @jaanaprall9961 Год назад +2

    Great topic! I have heard that you cannot have a tiny house permitted on a piece of land without there already being a primary permitted house on the property. Can you speak to this? I am curious if it is possible at all to buy a piece of property and build your own tiny house and have it as a primary residence. I have heard that this is not legally possible in Portugal.

  • @qwerty999111
    @qwerty999111 Год назад

    Great video , thanks ❤ how can I get your workbook about tiny houses ? Thank you !

  • @diogoredes
    @diogoredes Год назад +2

    Not sure if this has been covered before, but it'd be great to know more how to efficiently research proprieties in Portugal. Iwhat are the best websites, strategy, etc. If this has been already covered nvm :-)

  • @ChunWu1010
    @ChunWu1010 Год назад +1

    Hi, would they take a Swiss bank loan such as UBS ? Our it HAS to be a Portuguese (local) bank?

  • @royal-enfield1
    @royal-enfield1 Год назад +1

    ¿what is the approximate annual property tax for a average house in portugal.
    also , is the tiny house exempt from property taxes ?

  • @victoriahcj
    @victoriahcj Год назад +2

    How to book your tiny house? Would love to stay there!

  • @DavidMoreiraa
    @DavidMoreiraa Год назад

    15:06 Can someone please tell me what is the colour of this wall paint (and which is available in Portugal)?

  • @lashawn369
    @lashawn369 Год назад +3

    Checking in from the DMV.

  • @bapluda
    @bapluda 7 месяцев назад

    How long did it take to build the tiny house? How do get access to your builder contact?

  • @jenniferrodrigues9236
    @jenniferrodrigues9236 Год назад

    Hi. Please do you have any tips and tricks in buying multiple homes (not buying all at once)?

  • @tucorredoracallejera1668
    @tucorredoracallejera1668 Год назад

    Do you do long rental? Where can we check your Airbnb?

  • @RodrigoSouza
    @RodrigoSouza Год назад

    Please share the Airbnb link for your house

  • @dionneking8
    @dionneking8 Год назад

    we need a book on it....uh oh....another income stream 👏🏿💚💚

  • @irenmolnar221
    @irenmolnar221 Год назад

    I'm so sad that you guys didn't moved to Transylvania, Romania!!!

  • @amlanmusic
    @amlanmusic 15 дней назад

    Can you do a video for buying a commercial property too please?

  • @erickarostran1569
    @erickarostran1569 10 месяцев назад

    Can you recommend any real estate lawyer to assist in the purchase of real estate in the Silver Coast area?

  • @Carlosdagama8
    @Carlosdagama8 Год назад +1

    I was hoping you can answer this. If a person owns a house in Portugal then passes away and no one claims the land does it go to the government after 25 years?

  • @francodiaz2534
    @francodiaz2534 Год назад

    Excellent video. I have another question to complete the package. WHERE ARE THE BEST AND CLOSER AREAS TO BUY A PROPERTY AND RECEIVE A QUALITY HEALTHCARE SERVICE AS AN EXPAT? And I vote for a YES to all of the comments/questions related to real estate and residency in Portugal IN GENERAL. All in favors please like this video and leave your questions. All against, look elsewhere, the World is way beautiful with a lot of space to decide where to invest your assests and find peace of mind for yourself in this one and only life.👍

    • @vibrantly50
      @vibrantly50 11 месяцев назад

      We have utilized Serenity Medical Concierge here in Portugal. They help you navigate the healthcare systems - and can advise about insurance options.

  • @dantorres506
    @dantorres506 11 месяцев назад +1

    The Golden Visa account for only 1% of total real transactions since its inception. So how can the Golden Visa be responsible for the price surge?

  • @dahaus6802
    @dahaus6802 Год назад

    Where do we find your tiny house book?

  • @sanetbrundyn86
    @sanetbrundyn86 10 месяцев назад

    Please give some advice on the new laws in Portugal where government have a shortage of rental properties. They rent your property and you do not have to pay the 28% tax. It is also longterm rentals. Any info on that please!

  • @lilyfang3867
    @lilyfang3867 Год назад +1

    such a lovely and successful couple. I am considering invest a commercial property or shop in Lisbon. I was wondering would you share few agent that familiar with this area? any help would be highly appreciated!

  • @philipphilip5143
    @philipphilip5143 8 месяцев назад

    What is the best App to learn Portuguese language?

  • @jimrinchiuso
    @jimrinchiuso 2 месяца назад

    Hi Amon, We are an American husband and wife on a D7 and we are NHR. We purchased a house paid in full way north of Porto about 9 months ago. No mortgage. We already want to sell this home and buy a new primary home in the Sintra area, also paying cash in full from the proceeds of the sale of our current house. Is there any concern about doing this in such a short time since purchasing our first primary house? Thanks

  • @jermainesorrell5500
    @jermainesorrell5500 Год назад +2

    Great video as expected. Alway very informative.
    Does your moving to Portugal course include information on transporting vehicles, furniture etc.? I’ve been contemplating this move for a year and now the urge to do so has become more intense. I’ve been a Virginia resident my entire life and honestly the writing is on the wall to pursue this move. Thank you in advance for your response.

    • @vibrantly50
      @vibrantly50 11 месяцев назад

      We came here with 6 suitcases. No furniture or vehicle transport. IKEA is a wonderful answer. Much cheaper to simply buy what you need when you get here. Cars especially. The streets are much narrower …

  • @rodb.8113
    @rodb.8113 Год назад +2

    Americans need to put only 20% down since 2022 ...and probably you should know that since last month short time rentals new licenses are suspended since last month in all Portugal... Portugal is not for amateurs.

  • @patricemoss6805
    @patricemoss6805 Год назад

    Great information 😂

  • @Lorfior
    @Lorfior 5 месяцев назад

    Hi, hopefully you'll see this message since this video is 9 mo. old. I'm a US citizen who DEFINITELY wants to move because of the violence and chaos building due to politics. The tiny home idea seems great! Can you provide more info on the steps to buying the land to put the tiny home on? Any any other details that would help me. Unfortunately, I would have to do everything remotely because I don't want to wait for prices to go up, but I'm not able to move right now. Thank you in advance!

  • @wgarnsey
    @wgarnsey Год назад

    Question about hosting an AirBNB in Portugal. I have heard that the Portuguese government has stopped issuing AirBNB permits. Is the permit issued for the property or the host? Meaning that if we owned a flat, could a Superhost rent it out for us under their permit?

    • @JoelBorn-wv2qm
      @JoelBorn-wv2qm Год назад

      Theres always pro and cons moving portugal lately

  • @Beezobull
    @Beezobull Год назад

    How do you deal with the 48% income tax on dividends? That is going to be a deal killer for me, since I am disabled and would like to grow my investments and live off them. 48% is going to take a huge chunk out of that.

  • @DionTalkFinancialFreedom
    @DionTalkFinancialFreedom Год назад

    Funny. You expect housing to do the same thing I expect it to.
    I’m headed to Portugal on April 6 to find a town. Buy a house. Live there in the winter (Algarve)
    I own real estate in the US. Luxury priced homes are dropping in value. Starter homes are going up

  • @NC-qc7wd
    @NC-qc7wd Год назад +2

    How do you feel about not being able to see the history purchase of any home you are interested in buying in Portugal?

  • @chanel-mariebento8145
    @chanel-mariebento8145 8 месяцев назад

    What if the person is a Portugese Citizen but live and work in another country

  • @308KingsRoad
    @308KingsRoad Год назад +5

    ♨️Love this , I love getting these notifications because I know I will be throughly informed and the information I get will help me on my own Rich journey.

  • @JoelBorn-wv2qm
    @JoelBorn-wv2qm Год назад

    Can a buyer be trapped in portugal .cant leave back see family.after living there 2yrs

  • @epictetus3406
    @epictetus3406 Год назад +5

    How did you deal with the departure tax? Isn't there a huge tax you pay when you leave canada or the us? If you left your investments in the us aren't taxes higher because you are no longer a tax resident there? I would love to hear more about this side of things as I'm having some difficulty with it.

    • @jimallen8238
      @jimallen8238 11 месяцев назад +2

      You may be referring to tax regimes in countries other than the U. S. The U.S. taxes it's citizens on worldwide income forever - without regard to residency. Americans file taxes even if they live their entire lives outside the U.S. and have never set foot on American soil. So, there is no departure tax because you can never depart.

  • @drjones694
    @drjones694 Год назад

    Well need they tiny house video

  • @chunkymyster08
    @chunkymyster08 10 месяцев назад

    This is how I know you became Portuguese; when you start wearing the wool cap

  • @mdm40mdm
    @mdm40mdm Год назад +1

    New to your channel. What area of Portugal do you live?

    • @kappa2ou3
      @kappa2ou3 Год назад

      He lives in Silver Coast!!!

  • @alpacino5466
    @alpacino5466 Год назад

    where is christina??!

  • @BrianJenkins72
    @BrianJenkins72 Год назад +2

    Hi

  • @sidandsof12
    @sidandsof12 Год назад +3

    Where’s Christina? We miss seeing her pretty face. ❤

  • @tracys694
    @tracys694 Год назад

    When the Golden Visa program was open, this channel was helpful, and inspiring. Perhaps the program will reopen someday, but in the meantime there are other countries (Greece, Malta, etc) that have these programs available. Some for residency, some for eventual EU citizenship. Not all are created equal, and not all offer true retirement ‘benefits’. Happy for these two that they got themselves sorted in Portugal in time, but the advice is sadly no longer relevant.

    • @JosefaJO1
      @JosefaJO1 Год назад +2

      For the well being of the Portuguese Citizens, I STRONGLY HOPE that they NEVER bring back the golden visa for the purchase of residential properties.
      Another bonus, my understanding is that they have also recently put in place restrictions regarding the use of residential property as Airbnb rentals.

    • @vibrantly50
      @vibrantly50 11 месяцев назад +1

      Could not disagree more. Gold VISA is not the only way to become a citizen here. We are well on our way and love our new country.

  • @domingogarcia3594
    @domingogarcia3594 Год назад

    Do you have to pay 49% tax on income over 50k like spain ?

  • @XLPROTLR
    @XLPROTLR Год назад

    👍

  • @danelledautrievesanford
    @danelledautrievesanford Год назад +2

    Hi There

  • @irenmolnar221
    @irenmolnar221 Год назад

    Please move to Romania you can live lot cheaper!!!!