Nice survey of what’s available for under 25,000 Euros. I also appreciate your buyer beware warnings and legal protections when considering distressed properties. Again thank you!
These photos have inspired me further. This is the money I have to pay every year to rent a house in London and at the end of the year I end with nothing.
me too ..I'm renting in London 1500pm 200 council tax pm ..car 100pm..leaves me with 200 for food...half the people I work with speak Portuguese. ...gives me ideas.
@@AlgarveLifestyle Buy a home in Portugal and Bulgaria. Then focus on the Uk last. Buy in a country you can own your home in 2 yrs and u can use them as your retirement plan also.
@@MrGigi-dz9cv yes, but a lot of people don't actually want to do anything, they just want the peace and quiet; and gardening; i don't know, this is what I gathered from the comments here on the channel.
Thanks your sharing...you are so imaginative yet honest about what your own limitations are..it's a lot of property for that money..in my country you can't even buy a garage for the top end of that budget.. besides the fact that there are not many..(if any) rundown properties here..the laws see to that.. But for handy or skilled people looking for something to do or as a quite retreat it should be fun & rewarding..I follow many who do that or set up homesteads starting with just bare land..I admire their passion and I get to learn a lot
Thanks so much! The first step in overcoming a limitation is to recognise it. I would really like to overcome some of those limitations in mention in my video and I think the time spent in Portugal will help me do just that. 😀
I stumbled upon your channel while looking at other Portugal expats. Hubby and I are looking to move to Portugal and he says he wants a fixer upper. I thank you for all the information you freely share. Bless you!
Thank you for this very informative video. I really enjoyed it and I loved your story about the last house. I am actually in need of some peace and quiet and rest and I don’t need anything fancy. Just someplace safe and clean. New subscriber!
Sorry for this correction, but our experience with buying a house in Portugal is very different. Houses in the interior are cheaper, but you live outside the inhabited world with an increased risk of wood fire . On the coast, the houses are expensive, from 300,000 to over a million euros. Many Russians, Americans, Canadians and wealthy retirees are responsible for the increased house prices. The administration and all kinds of matters that you have to arrange should always be done through a lawyer. Although we think Portugal is a beautiful country, we have made a different choice.
Hi Guy, I don't see a correction in your comment. I never said Portugal is the perfect country and this very video has the role to show people what you can buy with such a low budget: meaning next to nothing! My opinion is that people are mislead in thinking Portugal is extremely cheap and my videos have the role to show that. My experience in buying a house in Portugal as a process was not a pleasant one (you can see the videos on that for more details) but we are happy with the location. So all in all I am of the same opinion as you - definitely get a lawyer!
@@AlgarveLifestyle sorry I was asking the original poster which country he chose. I also think Portugal is a great country. But due to the Euro, it can get expensive even for North Americans and Australians. Thanks for responding! Enjoy watching your videos.
Thanks for sharing your video. I have lived in Portugal for a while now. The properties here may look cheap at first sight. Beware however, majority of them have significant issues that will cost you a small fortune to fix: leaky roofs with rotten wooden beams, single glazed aluminium windows that need replacing, walls covered in mold, foundations that are weak and not insulated, generally poor building standards. For 50k you get a house that needs 100k to fix that no one will want to probably buy from you as it is far from anywhere. Just a word of warninng. Don't get me wrong, I love Portugal but don't love their houses. 😁 and built quality
Yes I totally agree with you. In Portugal even houses on bigger budgets like 300.000 euro can need improvements up to 50.000 euro because they need proper insulation and heating.
Oh wow! So happy for you and thank you for sharing with us. A lot of people want to hear about the success stories, because they feel empowered to to the same!
Hey, I really enjoy the whole Video!! I think a lot of people would love to live in Portugal since we have the internet and all they need to work is a connection to the web...
Yes but working remote in Portugal is very expensive, both the electricity and the internet are expensive comparing to other UE countries. Of course you can't beat the weather here!
@@AlgarveLifestyle But living in Portugal with an EU salary of 3500 euro as "digital nomad" is definitely possible. here in Netherlands you pay around 60 euro a month as well for phone+tv+internet.
Hello: Yes, right. Every time you see a C with that stuff below Ç it has to be pronounced as if it's a s or doble ss. As In Coração, Heart. "Corassão"! Regards from the freezing northern Spain
@@AlgarveLifestyle You're welcome. It's true! In the south at Malaga, Almeria, Alicante, Valencia etc. It hardly goes below 20 but here in the North, places like Vitoria, Pampelona, Burgos, Valladolid and so on , it goes below zero quite often at this time of the year! Yesterday it was only 2 degrees when i went to work. Now we have 6.
@@AlgarveLifestyle By the way almost all my colleagues at work are from Romania! My best friend and neighbour here at this little town is from Maramuris or Baiamare or something like that in the north of the country! I have planes to go with them maybe in 2023 for a short visit to Their region and then to Transilvania and to Constanza and the Delta of the Danubio to shoot nice nature videos out there! Goodnight.
An interesting video depicting what that price bracket can buy you in mainly rural Portugal. Whilst it did not apply to me ( because I am not a handy man), I am sure that there are people out there that would thrive in resurrecting those old buildings and bring them back to their old glory. Always Thank You for your time on informing us of the various possibilities.
Can you make a video about how to advertise in newspapers or other best ways to find properties to buy by making monthly payments , called owner's finance.
Hi, I am sorry but i don’t understaind the last part of the message. I have a video that will be uploaded shortly about best sites where to find property and why. This Sunday or the next will be up. 👍
@@AlgarveLifestyle Thanks for your quick reply. Owner's finance is a very popular in North America where a buyer deals directly with with the seller and buys the property without a mortgage from a bank by making monthly payments to the seller until the balance is paid off. This is a very good deal for people who cant make monthly payments but don't have a lot of money saved up or who cant get qualify for a mortgage because of a low credit score or bad credit history or wont get a good mortgage deal now , but will have cash in the future, like from either getting a cash lump sum from their pension or from getting a gift of money from a relative or from selling a property or other assets . What Is Owner Financing? A home is typically the largest single investment that a person ever makes. Because of the hefty price tag, there’s usually some type of financing involved, such as a mortgage. One alternative is owner financing, which happens when a buyer finances the purchase directly through the seller, instead of going through a conventional mortgage lender or bank. How Does Owner Financing Work? With owner financing ( seller financing), the seller doesn’t hand over any money to the buyer as a mortgage lender would. Instead, the seller extends enough credit to the buyer to cover the purchase price of the home, less any down payment. Then, the buyer makes regular payments until the amount is paid in full. The buyer signs a promissory note to the seller that spells out the terms of the loan, including: Repayment schedule ( weekly or monthly or 6 months or yearly payments nut monthly is the most popular one ) Consequences of default ( if the buyer stops paying , what happens) The owner sometimes keeps the title to the house until the buyer pays off the loan.
Most owner-financing deals are short term. A typical arrangement calculates the loan over 30 years (which keeps the monthly payments low), with a final payment due after y five or 10 years. The idea is that after five or 10 years, the buyer will have enough equity in the home or enough time to improve their financial situation to qualify for a mortgage or have enough money to make a final payment of the balance. Owner financing can be a good option for buyers who don't have a lot of money saved up but can make monthly payments and also for sellers who can't afford to pay their mortgages anymore and the bank is about to repossess the property and sell the property for less than the property is worth or only sells the property for the outstanding balance that results in the seller getting no money , but if a buyer offers to start paying the mortgage , this saves the property owner from the embarrassments , inconvenience of having to leave their home in a hurry without anywhere to go and also getting a bad credit score from being unable to pay their mortgage. It’s a good idea to consult with a qualified real estate lawyer who can answer any owner-financing questions and can write the sales contract and promissory note. Pros for Buyers Faster closing: No waiting for the bank loan officer, underwriter, and legal department to process and approve the application. Cheaper closing: No bank fees or appraisal costs. Flexible down payment: No bank- or government-required minimums. Alternative for buyers who can’t get financing: A good option for buyers who are not able to secure a mortgage. I am very interested in introducing this method of buying to Portugal on a large scale . I would like to put some adverts in newspapers and website, can you suggests the best ones ( Portuguese speaking newspapers and other mediums). Even Spain seems to have a similar system where a lot of owners have rent to buy deals where people rent the property for a while to see if they really like the place and if they do, they eventually buy the property. the money that was paid for rent is also part of the final payment after either 3 years, 5 years or 10 years. I even created a Facebook group to provide a platform to both educate people about the idea and to also introduce buyers and sellers to properties. facebook.com/groups/1347914008630585 I hope this explains it well enough.
Thank you for the long intro to the concept! I haven't heard about this before, and because I am not familiarized with it I don't know about the legal part either, how this will work, moreover, how the seller will be protected if the buyer just doesn't pay! Only trough a long a costly action in court. It's an interesting idea but for us, coming from Romania, it doesn't sound very good or that someone who is selling will take this risk.
@@AlgarveLifestyle It works very well in North America and I am aware of it also working in Spain and in Portugal too, but it is not very popular because not many people knows about it here. Both the sellers and the buyer are protected because everything is done with lawyers. It starts with a simple promissory note and sometimes a deposit too that stipulates the conditions of payments, years of payments and what happens if payments stop .EVERYTHING is stipulated and covered. It offers no more risks to the seller than a normal transaction especially if the property becomes distressed and the seller faces the situation of having the bank repossess the property and evicting them quickly, plus the embarrassment and bad default credit score. This method actually offers a lot of benefits to the seller because they can also add a mutually agreed interest rate ( more money) for accepting this method of sale. I have never heard of a court case in owners's finance transaction, why would this happen when it suits both parties ?
I bought a 429 sq meter house with marble balconies, beautiful doors and in perfect condition in a beautiful town in Andalucía Spain for only €42,000 euros. It has 14 rooms, a fireplace, 2 kitchens in perfect condition, 2 bathrooms and a wonderful terrace with mountain views. I only had to paint a little and some varnish on the wood doors. I am only one hour from the beach and 1 1/2 hours from Granada. Portugal is expensive!!
@@frenk_expatThat's simplistic. Property in Spain can be expensive as well. The rights of owners are very similar to rights of ownership in the USA. There have been problems in Spain with new developments and land owners. I guarantee you that you will not easily find great bargains. But they exist if you do the work. My home was passed on to inheritors who originally had it on the market for €189,000. But they live 8 hours away. They finally gave it to a real estate agent for a quick sale. I also bargained the price. It's not a new build, it's 45 years old and well done. Just some clarification. Saludos.
@@danian1271 Check out the real estate websites and look in the Almeria province of Andalucía where there are many good deals, more than in Granada for example.
First check land registration document it's called incriscao and descreciao even if u dont have that then check matriz number that will be fine in portugal where I live in india we are governed by portugese civil code of 1867 laws are same for portugal and goa
For british buyer no problem forcthem to renovate most of british like renovating they are skilled. My hubby and i renovated a rundown guesthouse 12 bedrooms easy as that watch everything on you tube
If your retired and have a pension you can apply for a d7 visa if not I think they still have a golden visa available, I think there rules are changing
The property in Nossa Senhora Graça Póvoa Meadas for €15k is still listed for sale. On one of the last pictures in the listing it could be asbestos in the roof of the other building.
Very good prices that's for sure and i like Portugal,i just have an issue with the ARCHITECTURE most of the houses have no basic design its like plan as you build.
@@AlgarveLifestyle 12,000 open land 7,000€, l think it really is, 3 bed house in village 8,000€. The Algarve was a beautiful place to live back in 1988 but then the Brits moved in and bought their dishonest ways with them wanting to do things in another country they would not do in their own.
@@CarlosAlberto-ii1li Well Carlos, my channel is here to provide something else entirely than a place you can spill your frustration on the world. Just a friendly warning.
Thank you so much for letting me know! Sometimes I get the meaning but sometimes not. It depends on the context. Thank you for your appreciation of my Portuguese, it means a lot to me because I am actively trying to learn.
I agree with your comments, but we are physically able and have built, and rebuilt and renovated other properties, I hope we are able to buy, retain a good lawyer. Thank you for all your tips.
There are always bargains out there and if you want to buy in that area this kind of properties, I think you will still find them, but as a general point, the prices have increase very much in 2022.
Gosto deste canal PARABENS pelo bom trabalho,uma coisa que se deve dizer MUITA mas muita cautela mesmo com o reboco de certas casas,pode ser tao antigo que na vez de cimento pode ser em AMIANTO,,,eu não me aventuraria por dinheiro algum me meter em casas antigissimas que tivessem reboco,,,,,casas em Pedra tudo bem agora casas revestidas CAUTELA,,obrigado
Muito obrigado! Tomei a liberdade de traduzir (com o google tradutor) sua mensagem, pois acho que é uma informação muito importante para os seguidores deste canal. Obrigado novamente por assistir meus vídeos! Hi, thank you so much! I took the liberty of translating (with google translate) your message because I think is a very important information for the followers of this channel. Thank you again for watching my videos! The message says: "I like this channel CONGRATULATIONS for the good work, something that should be said a LOT but a lot of caution even with the plastering of certain houses, it can be so old that instead of cement it can be in ASBESTOS ,,, I would not venture for any money myself put in old houses that had plastering ,,,,, houses in Stone all right now coated houses CAUTION, thank you"
At 33:33 you meaning the city call Oliveira do Hospital. It's a city name nothing to do to have one hospital. If you see the map you have a big town (District) Guarda. One completely new Hospital with a good urgency room. This is the Guarda Hospital. www.saudemais.tv/uploads/cache/noticia_0000021236-711x400.png All the cities (District cities), like Castelo Branco, Guarda, Évora, Faro, Beja, Viseu, Vila Real, Aveiro, Setúbal, Coimbra, Braga, Bragança have their Hospital and a good urgency room. Sometimes of course if the person is in a very bad condition they need the best they travel from helicopter (All this hospitals have their heliport) to the 4 main and big hospitals in Portugal, they are located at Porto, Lisboa, Coimbra or Faro, but only if was a accident that you need a lot of surgeries and the best doctors to save your life. In this hospitals they have Intensive care unit and they make even angioplasty and advanced medical care. they only send you to Porto, Lisbon, Coimbra and Faro, if you need the best of the best.
Near the beach I have several videos about properties in Algarve but in a total different prices range. This is one of the cheapest properties you can find in Algarve: ruclips.net/video/7lfbE6l0pwU/видео.html&lc=UgxhC2-i8ZEM0uVAyL14AaABAg
Thank you for your video. I am Portuguese but have lived outside of Portugal for quite some time now. Loved your picks and all the suggestions and warnings you provided. I think you are right about it all. :) Also, just to confirm, all words that have a c with a little cedilla underneath have a sound as the c in cedar. So, the c in maçã (apple) is to be pronounced that way. If however, you have a c without that cedilla underneath, between two vowels (other than e or i) as in maca (stretcher), then you pronounce it as the c in Mac Book. Thanks again for choosing Portugal! :)
Thank you, coming from a local, this means so much to me. I am a newbie in all Portugal related stuff and I am still learning. Thank you also for the details about pronunciation, we are keen to learn Portuguese even if you don't need it here where we are. But I really like the sound of it and also the Portuguese music. And I like to order at restaurants and pastelarias in Portuguese. 😀
Hi, I am not a realtor but if you are really interested to buy in Portugal, I can recommend you a good realtor! Just drop me an email, the contact data are in the description of each video. Thank you!
Thank you for such an eye-opening tour of low-cost properties. Would you please tell me what T1. T2. T3, etc. mean? Of course, this is all rather a frustrating exercise since we can't travel (I live in Canada and my sister is in England) but , eventually, I hope we'll be able to explore the market in person.
Hi, yes frustating but it helps to feel that you are doing something with this time while we are waiting to “get back to normal”. 😊 T1 means one bedroom, so 2 rooms - bedroom and living. T2 means 2 bedrooms, so 3 rooms. 😀
great channel..where could i find a small quinta? stone building with land in the north..granite or stone building of around 60 msq..with a little land and close to a large town for hospitals and shopping.kind regards
Hi, prices have really gone up in the remotest of places, but try exactly this, the remotest of places and maybe you will find something. There is no one region, you just have to really search an oportunity.
The habitacional certification only if you ask for the bank to lend you the money to bye and that only need for houses after the year 1974 not before that date
I am dutch and my partner is Afghan , my question is if Afghans are welcome in Portugal.My partner is a cook and i am a herbalist making organic soaps , facial cremes,deodorants ,herbal teas and so much more.Is it possible to make a living with this in Portugal?If Afghans are welcome we are thinking about moving to Portugal .We like to have a tiny house with a garden to grow our own herbs and vegetables .
Hi, as far as I can tell from my experience the Portuguese people are very inclusive and they mind their own business, so no mater the nationality you are welcome. Your plans with the tiny house sounds lovely! 😍
@@AlgarveLifestyle Thank you so much , i like the tiny house São Domingos de Ana Loura. What do they put in the escritura-escrita?Is a house for living permantly?Is it build with permission?How big is the garden,and does it belong to the house?I am interessted but need more info .I don't speak Portugues only Spanish.I lived in Spain for 30 years. My name is Karin,obrigada Best regards
To me there is no big difference, you pay 10K and spend 15K on renovating , or you spend 20K and 5K on renovation. For the first case you probably need hire people, in the second case you can do likely most work yourself.
Roland, yes, in the second case you need to do the work yourself and not all are qualified, for example for pluming or electricity or other sensitive stuff. But I found there are a lot of people who are interested in this kind of properties so maybe people are more qualified then that what I imagine! 😃
@@AlgarveLifestyle Because labor is so expensive in countries like Netherlands, Germany, UK there is a strong DIY mentality among the people. I'm a qualified electrician and do most of the work myself. For big construction work like a roof I would hire people.
@@AlgarveLifestyle I would like a big house with big garden in a very green area but quite and safe not very old maybe not more than 20 years, I also would like it to be near big city with airport like Lisbon or Porto, thank You
I am looking for a small vilage farm our houses with a stream of water pasing through or bordering the property ?? What ar the sites i can serch for some ofert ?? Thank you !
Nice survey of what’s available for under 25,000 Euros. I also appreciate your buyer beware warnings and legal protections when considering distressed properties. Again thank you!
Thank you! I was speaking from little experience and more from my fears but I am glad it was usefull. 😀
25.000€...a car garage, in the city....
Always get inspection
Al Cook you moving to Portugal my brother? I’m strongly considering this. Why retire in the US I’m tired of it here
Oliveira do Hospital is a city...not a hospital!!!! You made my day!
Yes, I know, I am laughing also of
my mistake every time someone comments on it! 😂 Thank you for the comment! 🤣
This article is very interesting.......and what a lovely charming lady.....thankyou.
Thank you, I have several videos about property prices in Portugal! 😀
These photos have inspired me further. This is the money I have to pay every year to rent a house in London and at the end of the year I end with nothing.
I am so happy that you feel inspired, maybe even to make a change in your life or plan for the future. 😀
me too ..I'm renting in London 1500pm 200 council tax pm ..car 100pm..leaves me with 200 for food...half the people I work with speak Portuguese. ...gives me ideas.
@@AlgarveLifestyle Buy a home in Portugal and Bulgaria. Then focus on the Uk last. Buy in a country you can own your home in 2 yrs and u can use them as your retirement plan also.
@@AlgarveLifestyle Except, there is not much to do in these rural areas.
@@MrGigi-dz9cv yes, but a lot of people don't actually want to do anything, they just want the peace and quiet; and gardening; i don't know, this is what I gathered from the comments here on the channel.
I would like to live in Portugal more for the weather , people and cheap houses
Sweet!
The last property featured, overlooking the courtyard looks like a dream! Thank you for showing it.
Thank you! 😀
Love your videos, super useful! Could you make one about refurbished rural houses in the 50000-70000 euro budget?
Thanks!
Great suggestion! I will! And hope you will tune in for the Vlogmas too!
@@AlgarveLifestyle Sure, I will!
Thankyou for sharing this valuable information,I love Portugal and her people and always hoped to settle here
Thank you for watching John! 😍
Omg amazing I have been looking for a video like this with websites. Great job
Thank you so much! I am already planning the next ones. Also I have some more videos for diferent budgets in the Algarve area. 🌺😀
She is one of a kind RARE HONEST SINCERE REAL ESTATE AGENT that tells the ins and outs of Real Estate buying in Europe. God bless you Beautiful lady.
Maybe because I am not a realtor!😂
But thank you for the kind words and I hope you are safe! 😀
Thanks your sharing...you are so imaginative yet honest about what your own limitations are..it's a lot of property for that money..in my country you can't even buy a garage for the top end of that budget.. besides the fact that there are not many..(if any) rundown properties here..the laws see to that..
But for handy or skilled people looking for something to do or as a quite retreat it should be fun & rewarding..I follow many who do that or set up homesteads starting with just bare land..I admire their passion and I get to learn a lot
Thanks so much! The first step in overcoming a limitation is to recognise it. I would really like to overcome some of those limitations in mention in my video and I think the time spent in Portugal will help me do just that. 😀
I stumbled upon your channel while looking at other Portugal expats. Hubby and I are looking to move to Portugal and he says he wants a fixer upper. I thank you for all the information you freely share. Bless you!
Thank you, I am glad I was helpful! 😀
@Abi Brown I like the expression with the cows!
Very informative and well presented. Thank you.👍
Glad it was helpful! 😍 Thank you for watching!
Thanks for updating about property update.
Thank you for watching! 😍
You have a lovely voice.
Thanks so much! For me is a very nice compliment because I always struggle with my voice not to be too “high”! 😊
I absolutely love this channel! From the properties you shared to your knowledge and stories, your voice! Everything! Bom trabalho!
Thank you very much! I really appreciate your support and keeps me going! Have a great week and summer! 😊
@@AlgarveLifestyle You have a lovely summer as well!
I really like it and thanks for the Spiritual Guide . Bundle of thanks Mam ❤️
Thank you! 😀
Thank you for this very informative video. I really enjoyed it and I loved your story about the last house. I am actually in need of some peace and quiet and rest and I don’t need anything fancy. Just someplace safe and clean. New subscriber!
Thank you for subscribing! 😍
I love your videos just found your channel, keep up great work
Thank you so much! 😀
Excellent information and presentation thank you very much
Thank you! ❤️
very enlightening.. thank you so much
Glad you enjoyed it! 😊
Sorry for this correction, but our experience with buying a house in Portugal is very different. Houses in the interior are cheaper, but you live outside the inhabited world with an increased risk of wood fire . On the coast, the houses are expensive, from 300,000 to over a million euros. Many Russians, Americans, Canadians and wealthy retirees are responsible for the increased house prices. The administration and all kinds of matters that you have to arrange should always be done through a lawyer. Although we think Portugal is a beautiful country, we have made a different choice.
Hi Guy, I don't see a correction in your comment. I never said Portugal is the perfect country and this very video has the role to show people what you can buy with such a low budget: meaning next to nothing! My opinion is that people are mislead in thinking Portugal is extremely cheap and my videos have the role to show that.
My experience in buying a house in Portugal as a process was not a pleasant one (you can see the videos on that for more details) but we are happy with the location. So all in all I am of the same opinion as you - definitely get a lawyer!
What different choice did you make?
@@marrokraff998 Hi, what are you referring? Please refresh my memory if it's something that i said in the video! :)
@@AlgarveLifestyle sorry I was asking the original poster which country he chose. I also think Portugal is a great country. But due to the Euro, it can get expensive even for North Americans and Australians. Thanks for responding! Enjoy watching your videos.
@@marrokraff998 I would be curious too to see what people chose, but usually is something outside EU that for us wasn't possible. Have a great summer!
Thanks for sharing your video. I have lived in Portugal for a while now. The properties here may look cheap at first sight. Beware however, majority of them have significant issues that will cost you a small fortune to fix: leaky roofs with rotten wooden beams, single glazed aluminium windows that need replacing, walls covered in mold, foundations that are weak and not insulated, generally poor building standards. For 50k you get a house that needs 100k to fix that no one will want to probably buy from you as it is far from anywhere. Just a word of warninng. Don't get me wrong, I love Portugal but don't love their houses. 😁 and built quality
Yes I totally agree with you. In Portugal even houses on bigger budgets like 300.000 euro can need improvements up to 50.000 euro because they need proper insulation and heating.
very nice and well presented thankyou very much
So nice of you!
Yess you can get a lot of cheap properties in Portugal!!
I bought a house in the center of Portugal, very cheap also :)
Oh wow! So happy for you and thank you for sharing with us. A lot of people want to hear about the success stories, because they feel empowered to to the same!
WOW! thank you for the info. i'm looking for a small village with public transportation.
Have a look at Boliqueime. 🇵🇹👍
As a Portuguese let me say that almost 90% of the buildings that were constructed before 1980 in Portugal, have structural issues. Beware
Yes, I am sure they have!
Hey, I really enjoy the whole Video!!
I think a lot of people would love to live in Portugal since we have the internet and all they need to work is a connection to the web...
Yes but working remote in Portugal is very expensive, both the electricity and the internet are expensive comparing to other UE countries. Of course you can't beat the weather here!
@@AlgarveLifestyle But living in Portugal with an EU salary of 3500 euro as "digital nomad" is definitely possible. here in Netherlands you pay around 60 euro a month as well for phone+tv+internet.
Thank you! I’m investigating right now and I’m inspired by your effort 🙏🏼🌟😇
Thank you, I am so glad! Best of luck in finding exactly what are you looking for! 🇵🇹🤗
Hello:
Yes, right. Every time you see a C with that stuff below Ç it has to be pronounced as if it's a s or doble ss. As In Coração, Heart. "Corassão"! Regards from the freezing northern Spain
Thanks for the tips! Is it really so cold in the north of Spain? When you hear Spain you think at least 15 degrees! 🌴
@@AlgarveLifestyle You're welcome. It's true! In the south at Malaga, Almeria, Alicante, Valencia etc. It hardly goes below 20 but here in the North, places like Vitoria, Pampelona, Burgos, Valladolid and so on , it goes below zero quite often at this time of the year! Yesterday it was only 2 degrees when i went to work. Now we have 6.
Like in Romania! We have 2 degrees today.
@@AlgarveLifestyle By the way almost all my colleagues at work are from Romania! My best friend and neighbour here at this little town is from Maramuris or Baiamare or something like that in the north of the country! I have planes to go with them maybe in 2023 for a short visit to Their region and then to Transilvania and to Constanza and the Delta of the Danubio to shoot nice nature videos out there! Goodnight.
Appears to be an honest and knowledgeable.
Thank you!
Thank you so much!!! I want to move here. You are so helpful.
You are so welcome! I hope you will manage to move here!
Marry me and let's move there together... ❤
NYC profile pic dear.Do you friendship with me
Very interesting and clearly explained, thank you, hoping moving soon to Portugal! ❤
Glad it was helpful! Hope you will be able to do that soon! 😍
Thank you! Very helpful and I’ve subscribed!
Thanks for the subscription! Welcome! 🇵🇹
I think you’ve found a new career as a realtor
Thank you! I was thinking maybe more to be in charge of the marketing of a realtor. We will see!
Fyi - The little accent under the 'c' in Maçāo means it is pronounced like an 's'. 😋
Thank you, this will help me with other word too! 👍🇵🇹
That little accent, as you call it, is actually called a cedilla.
@@perolagrande *cedilha
An interesting video depicting what that price bracket can buy you in mainly rural Portugal.
Whilst it did not apply to me ( because I am not a handy man), I am sure that there are people out there that would thrive in resurrecting those old buildings and bring them back to their old glory.
Always Thank You for your time on informing us of the various possibilities.
I am glad you enjoyed it, I also liked looking at these properties. Thank you! 😀
Thank you to show us surroundings and houses
My pleasure!
I would love you to move up to the next price bracket 25-50k. That covers my budget in central Portugal
After vlogmas I will expore that bracket in a video! 😀
@@patricksweeney5308 I only know Algarve well because here I did all my research and also bought the house. But the idea is very good!
@@AlgarveLifestyle this would be fantastic, would love a 25k to 75k budget
Very nice, thanks for videos
Glad you like them! Thank you!
Can you make a video about how to advertise in newspapers or other best ways to find properties to buy by making monthly payments , called owner's finance.
Hi, I am sorry but i don’t understaind the last part of the message. I have a video that will be uploaded shortly about best sites where to find property and why. This Sunday or the next will be up. 👍
@@AlgarveLifestyle Thanks for your quick reply. Owner's finance is a very popular in North America where a buyer deals directly with with the seller and buys the property without a mortgage from a bank by making monthly payments to the seller until the balance is paid off. This is a very good deal for people who cant make monthly payments but don't have a lot of money saved up or who cant get qualify for a mortgage because of a low credit score or bad credit history or wont get a good mortgage deal now , but will have cash in the future, like from either getting a cash lump sum from their pension or from getting a gift of money from a relative or from selling a property or other assets . What Is Owner Financing?
A home is typically the largest single investment that a person ever makes. Because of the hefty price tag, there’s usually some type of financing involved, such as a mortgage. One alternative is owner financing, which happens when a buyer finances the purchase directly through the seller, instead of going through a conventional mortgage lender or bank.
How Does Owner Financing Work?
With owner financing ( seller financing), the seller doesn’t hand over any money to the buyer as a mortgage lender would. Instead, the seller extends enough credit to the buyer to cover the purchase price of the home, less any down payment. Then, the buyer makes regular payments until the amount is paid in full.
The buyer signs a promissory note to the seller that spells out the terms of the loan, including:
Repayment schedule ( weekly or monthly or 6 months or yearly payments nut monthly is the most popular one )
Consequences of default ( if the buyer stops paying , what happens)
The owner sometimes keeps the title to the house until the buyer pays off the loan.
Most owner-financing deals are short term. A typical arrangement calculates the loan over 30 years (which keeps the monthly payments low), with a final payment due after y five or 10 years. The idea is that after five or 10 years, the buyer will have enough equity in the home or enough time to improve their financial situation to qualify for a mortgage or have enough money to make a final payment of the balance.
Owner financing can be a good option for buyers who don't have a lot of money saved up but can make monthly payments and also for sellers who can't afford to pay their mortgages anymore and the bank is about to repossess the property and sell the property for less than the property is worth or only sells the property for the outstanding balance that results in the seller getting no money , but if a buyer offers to start paying the mortgage , this saves the property owner from the embarrassments , inconvenience of having to leave their home in a hurry without anywhere to go and also getting a bad credit score from being unable to pay their mortgage.
It’s a good idea to consult with a qualified real estate lawyer who can answer any owner-financing questions and can write the sales contract and promissory note.
Pros for Buyers
Faster closing: No waiting for the bank loan officer, underwriter, and legal department to process and approve the application.
Cheaper closing: No bank fees or appraisal costs.
Flexible down payment: No bank- or government-required minimums.
Alternative for buyers who can’t get financing: A good option for buyers who are not able to secure a mortgage.
I am very interested in introducing this method of buying to Portugal on a large scale . I would like to put some adverts in newspapers and website, can you suggests the best ones ( Portuguese speaking newspapers and other mediums). Even Spain seems to have a similar system where a lot of owners have rent to buy deals where people rent the property for a while to see if they really like the place and if they do, they eventually buy the property. the money that was paid for rent is also part of the final payment after either 3 years, 5 years or 10 years.
I even created a Facebook group to provide a platform to both educate people about the idea and to also introduce buyers and sellers to properties. facebook.com/groups/1347914008630585
I hope this explains it well enough.
Thank you for the long intro to the concept! I haven't heard about this before, and because I am not familiarized with it I don't know about the legal part either, how this will work, moreover, how the seller will be protected if the buyer just doesn't pay! Only trough a long a costly action in court. It's an interesting idea but for us, coming from Romania, it doesn't sound very good or that someone who is selling will take this risk.
@@AlgarveLifestyle It works very well in North America and I am aware of it also working in Spain and in Portugal too, but it is not very popular because not many people knows about it here. Both the sellers and the buyer are protected because everything is done with lawyers. It starts with a simple promissory note and sometimes a deposit too that stipulates the conditions of payments, years of payments and what happens if payments stop .EVERYTHING is stipulated and covered. It offers no more risks to the seller than a normal transaction especially if the property becomes distressed and the seller faces the situation of having the bank repossess the property and evicting them quickly, plus the embarrassment and bad default credit score. This method actually offers a lot of benefits to the seller because they can also add a mutually agreed interest rate ( more money) for accepting this method of sale. I have never heard of a court case in owners's finance transaction, why would this happen when it suits both parties ?
I bought a 429 sq meter house with marble balconies, beautiful doors and in perfect condition in a beautiful town in Andalucía Spain for only €42,000 euros. It has 14 rooms, a fireplace, 2 kitchens in perfect condition, 2 bathrooms and a wonderful terrace with mountain views. I only had to paint a little and some varnish on the wood doors. I am only one hour from the beach and 1 1/2 hours from Granada. Portugal is expensive!!
Thanks for sharing!
That's because Spain is overbuilt and Government does not protect property owners who have no rights.
You have a link for something similar?
@@frenk_expatThat's simplistic. Property in Spain can be expensive as well. The rights of owners are very similar to rights of ownership in the USA. There have been problems in Spain with new developments and land owners. I guarantee you that you will not easily find great bargains. But they exist if you do the work. My home was passed on to inheritors who originally had it on the market for €189,000. But they live 8 hours away. They finally gave it to a real estate agent for a quick sale. I also bargained the price. It's not a new build, it's 45 years old and well done. Just some clarification. Saludos.
@@danian1271 Check out the real estate websites and look in the Almeria province of Andalucía where there are many good deals, more than in Granada for example.
First check land registration document it's called incriscao and descreciao even if u dont have that then check matriz number that will be fine in portugal where I live in india we are governed by portugese civil code of 1867 laws are same for portugal and goa
Thank you for sharing this! 😍
Thanks, your amazing 👏
Thank you! You are too! 😊
Thank you for sharing your insights, these are remote locations but the price points are amazing. Obrigado!
Yes, because they are so remote and also state of the building is in question, they have these prices. I am glad you find this useful!
@@AlgarveLifestyle Yes, I takeaway a lot from your vlog. Keep up the great work. I will come back to Portugal one day, hopefully in the near future.
Thank you! 👍😊
Du bist die beste
Thank you! Danke!
Yes thats great info
Thanks so much! ❤️
For british buyer no problem forcthem to renovate most of british like renovating they are skilled. My hubby and i renovated a rundown guesthouse 12 bedrooms easy as that watch everything on you tube
Interesting, I wish I could do that!
Lovely video!
Thank you! 😀
Is it still easy for people to move from , UK to Portugal , thanks for lovely video x
Thank you for watching and for your opinion. I don't know much about how easy it is now but maybe some of the viewers know more!
If your retired and have a pension you can apply for a d7 visa if not I think they still have a golden visa available, I think there rules are changing
I like a couple of them... Easily decorate and make it my own. Thanks!
Glad you like them!
The property in Nossa Senhora Graça Póvoa Meadas for €15k is still listed for sale. On one of the last pictures in the listing it could be asbestos in the roof of the other building.
Omg! So interesting! Not sold yet, some problems are for sure with it.
Except video. Thank you very much
So glad you liked it! 🤗🇵🇹
Great video
Thank you! 👍
I love your English when you say you can add 10,000 e and get SQUAT hahaha i understand you though X.
Ha ha, thank you! 😂👍
Very good prices that's for sure and i like Portugal,i just have an issue with the ARCHITECTURE most of the houses have no basic design its like plan as you build.
Yes, they are not so strict.
Thank you for these valuable information:)
I wonder if you can make a video about cheap properties which can grant a golden EU visa for the buyer.
Great suggestion! I will put it on my list!
@@AlgarveLifestyle Looking forward to watch it :)
Cheaper in Spain, 20,000m2 with olive producing trees, 9,250 euros.
Could be!
@@AlgarveLifestyle 12,000 open land 7,000€, l think it really is, 3 bed house in village 8,000€. The Algarve was a beautiful place to live back in 1988 but then the Brits moved in and bought their dishonest ways with them wanting to do things in another country they would not do in their own.
@@CarlosAlberto-ii1li Well Carlos, my channel is here to provide something else entirely than a place you can spill your frustration on the world. Just a friendly warning.
@@AlgarveLifestyle As long as it is truthful its ok but much is not. Just a warning.
Are any videos with similar prices but near the beach side?😍❤️❤️
For sure no.
Masao! Lado is on the side not roof!
You seem to have a good understanding of the Portugues though!
Thank you so much for letting me know! Sometimes I get the meaning but sometimes not. It depends on the context. Thank you for your appreciation of my Portuguese, it means a lot to me because I am actively trying to learn.
I agree with your comments, but we are physically able and have built, and rebuilt and renovated other properties, I hope we are able to buy, retain a good lawyer. Thank you for all your tips.
If you have such experience it will be a great asset for you, you will be able to spare a lot of money. Thank you for watching! 😀
Thank you for the video :) Can these prices be still relevant in summer 2022?
There are always bargains out there and if you want to buy in that area this kind of properties, I think you will still find them, but as a general point, the prices have increase very much in 2022.
If one can work remotely, with a UK / Northern European salary, living in central Portugal is almost free.
Yes, IF! It's a big IF. 😇
They even pay you to live there
@@josecaetano453 are you joking ?
@@vastworld-mp8oc
I be sarcastic 😂😂😂
@@patricksweeney5308
You aren't an expat you are an emigrant just like everyone else
Gosto deste canal PARABENS pelo bom trabalho,uma coisa que se deve dizer MUITA mas muita cautela mesmo com o reboco de certas casas,pode ser tao antigo que na vez de cimento pode ser em AMIANTO,,,eu não me aventuraria por dinheiro algum me meter em casas antigissimas que tivessem reboco,,,,,casas em Pedra tudo bem agora casas revestidas CAUTELA,,obrigado
Muito obrigado! Tomei a liberdade de traduzir (com o google tradutor) sua mensagem, pois acho que é uma informação muito importante para os seguidores deste canal. Obrigado novamente por assistir meus vídeos!
Hi, thank you so much! I took the liberty of translating (with google translate) your message because I think is a very important information for the followers of this channel. Thank you again for watching my videos! The message says:
"I like this channel CONGRATULATIONS for the good work, something that should be said a LOT but a lot of caution even with the plastering of certain houses, it can be so old that instead of cement it can be in ASBESTOS ,,, I would not venture for any money myself put in old houses that had plastering ,,,,, houses in Stone all right now coated houses CAUTION, thank you"
Good video 🇺🇸
Thank you! 😊👍
It gives me encouragement, thank you 😊
I'm so glad! Thank you also!
Nice I love portugal
Thank you!
Please, press the english option in the idealista app to selftranslate.
lovely and intelligent!
Thank you so much! Glad you think so!
Considering that the price of a property is 15000 € . What is the stamp duty,other applicable taxes. Please tell?
Hi, I don't know but you can go on Idealista and look for a house of 15.000 euro and usually below the description will be also these calculations.
How is the bidding process in Portugal? Is bidding far below the asking price acceptable?
You will generally bid below asking price but not to low.
At 33:33 you meaning the city call Oliveira do Hospital. It's a city name nothing to do to have one hospital. If you see the map you have a big town (District) Guarda. One completely new Hospital with a good urgency room.
This is the Guarda Hospital. www.saudemais.tv/uploads/cache/noticia_0000021236-711x400.png
All the cities (District cities), like Castelo Branco, Guarda, Évora, Faro, Beja, Viseu, Vila Real, Aveiro, Setúbal, Coimbra, Braga, Bragança have their Hospital and a good urgency room. Sometimes of course if the person is in a very bad condition they need the best they travel from helicopter (All this hospitals have their heliport) to the 4 main and big hospitals in Portugal, they are located at Porto, Lisboa, Coimbra or Faro, but only if was a accident that you need a lot of surgeries and the best doctors to save your life.
In this hospitals they have Intensive care unit and they make even angioplasty and advanced medical care. they only send you to Porto, Lisbon, Coimbra and Faro, if you need the best of the best.
Thank you so much for correcting me, I wouldn’t want to spread a false info. Also the details are so interesting, very usefull! 😀
where can i get details of some of the propertys
The sites I used for my research for all my videos with houses are: www.idealista.pt and rightmove.co.uk
The roof is a mess but note the crack from bottom to top even going through the chimney!
Good observation!
Hi, what's about electric and water
Most of these houses don't have utilities in the house or some of them not even on the property.
Excellent
Thank you! Cheers!
Maybe a detached house near the beach ???
Im not a farmer 🤗
Near the beach I have several videos about properties in Algarve but in a total different prices range. This is one of the cheapest properties you can find in Algarve: ruclips.net/video/7lfbE6l0pwU/видео.html&lc=UgxhC2-i8ZEM0uVAyL14AaABAg
@@AlgarveLifestyle
A ruin house is less costly.
If there is a domincili permit Its a good start.
Sometimes Its better to demolish and start all new.
Good video
Glad you enjoyed it!
Thank you for your video. I am Portuguese but have lived outside of Portugal for quite some time now. Loved your picks and all the suggestions and warnings you provided. I think you are right about it all. :) Also, just to confirm, all words that have a c with a little cedilla underneath have a sound as the c in cedar. So,
the c in maçã (apple) is to be pronounced that way. If however, you have a c without that cedilla underneath, between two vowels (other than e or i) as in maca (stretcher), then you pronounce it as the c in Mac Book. Thanks again for choosing Portugal! :)
Thank you, coming from a local, this means so much to me. I am a newbie in all Portugal related stuff and I am still learning. Thank you also for the details about pronunciation, we are keen to learn Portuguese even if you don't need it here where we are. But I really like the sound of it and also the Portuguese music. And I like to order at restaurants and pastelarias in Portuguese. 😀
How do I get in touch? Love Portugal
Hi, I am not a realtor but if you are really interested to buy in Portugal, I can recommend you a good realtor! Just drop me an email, the contact data are in the description of each video. Thank you!
Thank you for such an eye-opening tour of low-cost properties. Would you please tell me what T1. T2. T3, etc. mean? Of course, this is all rather a frustrating exercise since we can't travel (I live in Canada and my sister is in England) but , eventually, I hope we'll be able to explore the market in person.
Hi, yes frustating but it helps to feel that you are doing something with this time while we are waiting to “get back to normal”. 😊 T1 means one bedroom, so 2 rooms - bedroom and living. T2 means 2 bedrooms, so 3 rooms. 😀
great channel..where could i find a small quinta? stone building with land in the north..granite or stone building of around 60 msq..with a little land and close to a large town for hospitals and shopping.kind regards
under 15,000 euro
Hi, prices have really gone up in the remotest of places, but try exactly this, the remotest of places and maybe you will find something. There is no one region, you just have to really search an oportunity.
you would no be able to buy anything in england, you be locky to buy a kitchen and bathroom thats all. property is exspensive
Good to know!
Im gonna learn portugese :)
Good to know! You will not regret it.
Someone told me Portugal is expensive for loads of things and jobs are not paid well. Is this true?
Yes, this is true.
Yes it's swings and roundabouts pal , cars are very expensive for example.
How much cost required to make 'habitation certificate'?
I don't know I think you have to ask at Camara Municipal in that area.
The house has to be built before 1951
The habitacional certification only if you ask for the bank to lend you the money to bye and that only need for houses after the year 1974 not before that date
You did'nt mention the cost of renovating these houses specially the one under 10k euro?
I don’t know the cost, a specialized firm that deals with this might help you. But I would budget the cost of building a brand new house. 🤔
I am dutch and my partner is Afghan , my question is if Afghans are welcome in Portugal.My partner is a cook and i am a herbalist making organic soaps , facial cremes,deodorants ,herbal teas and so much more.Is it possible to make a living with this in Portugal?If Afghans are welcome we are thinking about moving to Portugal .We like to have a tiny house with a garden to grow our own herbs and vegetables .
Hi, as far as I can tell from my experience the Portuguese people are very inclusive and they mind their own business, so no mater the nationality you are welcome. Your plans with the tiny house sounds lovely! 😍
@@AlgarveLifestyle Thank you so much , i like the tiny house São Domingos de Ana Loura.
What do they put in the escritura-escrita?Is a house for living permantly?Is it build with permission?How big is the garden,and does it belong to the house?I am interessted but need more info .I don't speak Portugues only Spanish.I lived in Spain for 30 years.
My name is Karin,obrigada
Best regards
I like the shocking pink sofa
Thanks, me too! 😀
Your awesome
Thank you so much for watching! Happy New Year!
To me there is no big difference, you pay 10K and spend 15K on renovating , or you spend 20K and 5K on renovation. For the first case you probably need hire people, in the second case you can do likely most work yourself.
Roland, yes, in the second case you need to do the work yourself and not all are qualified, for example for pluming or electricity or other sensitive stuff. But I found there are a lot of people who are interested in this kind of properties so maybe people are more qualified then that what I imagine! 😃
@@AlgarveLifestyle Because labor is so expensive in countries like Netherlands, Germany, UK there is a strong DIY mentality among the people. I'm a qualified electrician and do most of the work myself. For big construction work like a roof I would hire people.
@@rolandleusden thank you for explaining that, in my country labor work is fairly cheap and very qualified so this is why I didn't understand.
Great Value! Thanks!!!
Thanks so much, always so kind!
greetings from Nevada USA 😎👍🏼🇺🇸🦅🇺🇸
Hello there! Thanks for being here! 🇵🇹👍 Greetings from Portugal!
Hi do u know if the T3 house still available please? €10k
No, I don't know, you will have to search on the site.
Hi which is the best area to buy a house in Portugal please
Hi, there is not a fixed answer to this question. It depends on what is your lifestyle.
@@AlgarveLifestyle I would like a big house with big garden in a very green area but quite and safe not very old maybe not more than 20 years, I also would like it to be near big city with airport like Lisbon or Porto, thank You
@@Mr.Alia63 I am not a realtor but if you are interested in buying I can recommend you a good one.
I am looking for a small vilage farm our houses with a stream of water pasing through or bordering the property ?? What ar the sites i can serch for some ofert ?? Thank you !
You can search on idealista.pt
Appriciate yours video....I wanna purchase,how can I invest there from india
Hello, please write me an email and I can recommend you a good realtor. Email in the description of the video.
Love n light
Thank you! 😊
Trying to find info on the yellow house to contact the realtor ?!
all right. How can I migrate to Portugal legally?
Hi, you need a lawyer or a firm that provides this kind of services, unfortunately I cannot help you with that. I am sorry.