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

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  • Опубліковано 30 вер 2024

КОМЕНТАРІ • 121

  • @OurRichJourney
    @OurRichJourney  Рік тому +2

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  • @diogoredes
    @diogoredes Рік тому +43

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

    • @kendalllampkin3188
      @kendalllampkin3188 Рік тому +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 Рік тому

      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

  • @Constellasian
    @Constellasian Рік тому +4

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

  • @OurRichJourney
    @OurRichJourney  Рік тому +2

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  • @lailaatallah1857
    @lailaatallah1857 Рік тому +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.”

  • @markastor6740
    @markastor6740 Рік тому +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 Рік тому +3

    Very interested in tiny house information!!

  • @TiagoRamosVideos
    @TiagoRamosVideos Рік тому +1

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

  • @rodb.8113
    @rodb.8113 Рік тому +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.

  • @alicevanroyen5044
    @alicevanroyen5044 Рік тому +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.

  • @dantorres506
    @dantorres506 Рік тому +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?

  • @rollingdhong
    @rollingdhong Рік тому +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?

  • @shannahlulay8364
    @shannahlulay8364 Рік тому +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.

  • @jaanaprall9961
    @jaanaprall9961 Рік тому +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.

  • @patrickmiller5262
    @patrickmiller5262 Рік тому +1

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

  • @MikeNouraei
    @MikeNouraei Рік тому +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!

  • @urbanphotolab.project2223
    @urbanphotolab.project2223 Рік тому +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. (-;

  • @diogoredes
    @diogoredes Рік тому +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 :-)

  • @headradish7745
    @headradish7745 Рік тому +2

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

  • @thatsgreenius582
    @thatsgreenius582 Рік тому +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.

  • @Carlosdagama8
    @Carlosdagama8 Рік тому +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?

  • @lilyfang3867
    @lilyfang3867 Рік тому +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!

  • @dudinetravelviews
    @dudinetravelviews Рік тому +3

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

  • @ChunWu1010
    @ChunWu1010 Рік тому +1

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

  • @richardbuki658
    @richardbuki658 Рік тому +2

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

  • @latrelleflecha8175
    @latrelleflecha8175 Рік тому +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!

  • @victoriahcj
    @victoriahcj Рік тому +2

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

  • @mariviberrios
    @mariviberrios Рік тому +7

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

  • @peterchirico2153
    @peterchirico2153 Рік тому +1

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

  • @psimoes0331
    @psimoes0331 14 днів тому

    Do Short Term Rentals (STRs) need to be registered with the local town or city before being advertised on Air B&B, VRBO, etc...?

  • @adrianincapetown7043
    @adrianincapetown7043 Рік тому +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"?

  • @royal-enfield1
    @royal-enfield1 Рік тому +1

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

  • @stevenburnsvideo
    @stevenburnsvideo Рік тому +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.

  • @Lorfior
    @Lorfior 9 місяців тому

    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!

  • @peacetranquility2658
    @peacetranquility2658 Рік тому +1

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

  • @bonooliveira700
    @bonooliveira700 Рік тому +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!

  • @jimrinchiuso
    @jimrinchiuso 6 місяців тому

    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

  • @therealashleycrouch
    @therealashleycrouch Рік тому +1

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

  • @hrhsophiathefirst4060
    @hrhsophiathefirst4060 Рік тому +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!

  • @DionTalkFinancialFreedom
    @DionTalkFinancialFreedom Рік тому

    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

  • @AddColor2Life
    @AddColor2Life 2 місяці тому

    Thank you for this information! Is it true that most ppl speak English in Portugal?

  • @sanetbrundyn86
    @sanetbrundyn86 Рік тому

    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!

  • @AasiaKinney
    @AasiaKinney 6 місяців тому

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

  • @tozomona
    @tozomona Рік тому +1

    Love it. Thanks! We're moving there.

  • @chunkymyster08
    @chunkymyster08 Рік тому

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

  • @chanel-mariebento8145
    @chanel-mariebento8145 Рік тому

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

  • @amlanmusic
    @amlanmusic 4 місяці тому

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

  • @JillTherese
    @JillTherese 8 місяців тому

    Super helpful video thank you!

  • @sdls92110
    @sdls92110 Рік тому +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 Рік тому +1

      Also would love to see a PART 2!

  • @bapluda
    @bapluda 11 місяців тому

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

  • @erickarostran1569
    @erickarostran1569 Рік тому

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

  • @twinmommygenise
    @twinmommygenise Рік тому +1

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

  • @epictetus3406
    @epictetus3406 Рік тому +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 Рік тому +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.

  • @dr.smhafizurrahman1152
    @dr.smhafizurrahman1152 10 місяців тому

    Thanks for your nice informative video!

  • @ccul0439
    @ccul0439 Рік тому +1

    Would love more videos like this please

  • @philipphilip5143
    @philipphilip5143 Рік тому

    What is the best App to learn Portuguese language?

  • @Chaka2479
    @Chaka2479 Рік тому +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 Рік тому

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

  • @AlexandriaMongeYourRealtor
    @AlexandriaMongeYourRealtor 8 місяців тому

    Excellent information.

  • @RodrigoSouza
    @RodrigoSouza Рік тому

    Please share the Airbnb link for your house

  • @BelisaMazzara
    @BelisaMazzara Рік тому +3

    Great video! I vote for more like this! Thanks

  • @zizibressa4251
    @zizibressa4251 Рік тому +1

    The best and thrusting channel. You guys are amazing

  • @308KingsRoad
    @308KingsRoad Рік тому +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.

  • @patricemoss6805
    @patricemoss6805 Рік тому

    Great information 😂

  • @Beezobull
    @Beezobull Рік тому

    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.

  • @sidandsof12
    @sidandsof12 Рік тому +3

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

  • @jenniferrodrigues9236
    @jenniferrodrigues9236 Рік тому

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

  • @JoelBorn-wv2qm
    @JoelBorn-wv2qm Рік тому

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

  • @lynebynd-wd5zz
    @lynebynd-wd5zz Рік тому

    Good, helpful information. Thanks so much.

  • @WoodworkingforAnyone
    @WoodworkingforAnyone Рік тому

    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.

  • @mmarquis6722
    @mmarquis6722 Рік тому +3

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

  • @notating
    @notating Рік тому

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

  • @irenmolnar221
    @irenmolnar221 Рік тому

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

  • @mantvydasable
    @mantvydasable Рік тому

    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

  • @TheClaudio7078
    @TheClaudio7078 Рік тому

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

  • @DavidMoreiraa
    @DavidMoreiraa Рік тому

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

  • @tucorredoracallejera1668
    @tucorredoracallejera1668 Рік тому

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

  • @scooter10421
    @scooter10421 Рік тому

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

  • @dionneking8
    @dionneking8 Рік тому

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

  • @irenmolnar221
    @irenmolnar221 Рік тому

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

  • @huntermsc8356
    @huntermsc8356 Рік тому

    Thanks for the clarification,we really appreciate your work .

  • @miajoyce11
    @miajoyce11 Рік тому

    Thank you for all the concise information.

  • @francodiaz2534
    @francodiaz2534 Рік тому

    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 Рік тому

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

  • @dahaus6802
    @dahaus6802 Рік тому

    Where do we find your tiny house book?

  • @zizibressa4251
    @zizibressa4251 Рік тому

    I’d love hear more about it.

  • @wgarnsey
    @wgarnsey Рік тому

    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 Рік тому

      Theres always pro and cons moving portugal lately

  • @alpacino5466
    @alpacino5466 Рік тому

    where is christina??!

  • @brightgreenleaves
    @brightgreenleaves Рік тому

    You are the best! Thank you!

  • @qwerty999111
    @qwerty999111 Рік тому

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

  • @tracys694
    @tracys694 Рік тому

    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.

    • @JO63JO
      @JO63JO Рік тому +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 Рік тому +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.

  • @madelynurena-dq2fu
    @madelynurena-dq2fu Рік тому

    Great Video

  • @NC-qc7wd
    @NC-qc7wd Рік тому +2

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

  • @jermainesorrell5500
    @jermainesorrell5500 Рік тому +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 Рік тому

      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 …

  • @lashawn369
    @lashawn369 Рік тому +3

    Checking in from the DMV.

  • @BrianJenkins72
    @BrianJenkins72 Рік тому +2

    Hi

  • @mdm40mdm
    @mdm40mdm Рік тому +1

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

    • @kappa2ou3
      @kappa2ou3 Рік тому

      He lives in Silver Coast!!!

  • @drjones694
    @drjones694 Рік тому

    Well need they tiny house video

  • @francispowell1811
    @francispowell1811 Рік тому

    Excellent, to the point, and highly instructive.

  • @danelledautrievesanford
    @danelledautrievesanford Рік тому +2

    Hi There

  • @domingogarcia3594
    @domingogarcia3594 Рік тому

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

  • @XLPROTLR
    @XLPROTLR Рік тому

    👍