This video runs through the monthly costs to live in Portugal. I have broken it out over a 4 year period. Whether you are going to live in Lisbon, Porto, the Algarve, Azores, or Madeira, this is an accurate assessment of cost.
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Thank you for sharing the financial expenses. It is very helpful. Would you mind have another video on anything about mortgage such as how to qualify, interest rate, property tax percentage, what mortgage company, process of getting the mortgage etc?
very informative !!
Thank you for the update on the cost of living Joric. Just to confirm are the costs for two persons? Do the travel costs only include airfare or do they include hotel costs too? They seem very low if they include hotel stays.
I'm glad Portugal is still an affordable country to live. But what is going on with the airline strikes? I'm planning to visit Portugal in a few weeks and I'm concerned of what will happen when I get there.
Do you have any videos on how you are investing while living in Portugal? Assuming you have a brokerage account.
Hi Joric, great video. The biggest difference we have from your budget is in the Food category. I can't wrap my head around only spending 440/mo on groceries AND restaurants!! For two people, we spend roughly 400 on groceries alone, and another 750 on restaurants. Perhaps it's the wine…🤔🤣
Hi Joric,so lovely to watch all your video ,wonderful and detail information that you give out,just wondering about air travel to Portugal from Canada ,what is the Covid restriction to enter Portugal now and what kind of requirements still in place?Im planning to visit Lisbon and Barcelona in October,is it good time to travel and Spain has similar requirements for Covid ?I appreciate if you can give me update<thanks so much.keep up the excellent work!
Hi J: I’d been curious if you had a car or not. Glad to hear it’s a No. . But not needing one I guess it depends on the area one lives within the greater Lisbon region. Thanks 🙏
Thanks Joric. Exactly what I wanted. I think everyone is a bit nervous about the cost of living in a new country. BTW the sound is good.
Did you mention the building costs ? Such as levies and IMI ?
As usual great informative video. One thing I have to ask is the mortgage portion does that include property tax and home owners insurance? Is that a separate monthly expense? It would be good to get an idea on that, coming from the US we have ours cover mortgage property tax and insurance. Thank you.
Great video! This is helpful with our move
Thanks Joric for another informative and useful video. 🙏🏻 Two minor questions. (1) Food Cost. Have you found food prices increased at the farmer markets to be on par with those increases at the supermarket? (3) Taxis. Do you have any preference Uber vs Bolt? Just curious. Cheers. 👋🏻
Thanks for sharing your insights and time, helpfull video!
Totally agree…As we started looking to move we noticed rents had skyrocketed compared to a year ago and it was WAY more affordable to buy and have a mortgage…Of course that depends if you have the capital and can get a loan! We totally went fixed and feel so good that our future is secure!! In addition, we bought a house and our mortgage is a third of the rent we'd pay!! I feel inflation a little here, but nothing compared to the US!! Your expenses all seem reasonable except for travel, but if you can afford it and want it in your budget…Go for it!!! All good!!!
It’s the same everywhere. Anyone who has a stake in making money off expats will paint a much rosier picture. I started planning 18 months ago. The values of property have gone up at least 20-30%. But the same is true everywhere else.