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Books that have helped us on our Financial Independence Journey
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The Bogleheads’ Guide to Investing:
The Intelligent Investor:
A Random Walk Down Wall Street:
The Book on Rental Property Investing:
Building Wealth One House at a Time:
Rich Dad Poor Dad:
The Total Money Makeover:
The $100 Startup:
Freakonomics:
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Our Rich Journey – REAL ESTATE IN Portugal: Prices at All-Time High . . . Is This a Bubble? (Buy, Sell, Invest?!): We’ve been living in Portugal for the last three years and we own multiple real estate properties in Portugal as well. Since we’ve moved here, we’ve seen housing prices go up. And people have been asking us about how we feel about the current real estate market in Portugal. So . . . we decided to make a video on it! In this video, we discuss the current housing trends in Portugal (supply, demand, pricing . . . and more!) and we talk about whether we think investing in real estate in Portugal right now makes sense! Check out the video to learn more!
▸▸▸Check out some of our other videos!
Portugal’s Real Estate Crisis – Reasons Why Expats Are Overpaying for Homes in Portugal:
REAL ESTATE IS CRASHING | When Will It Be Safe To Buy Again? (Plus Our Real Estate Investment Plans):
Stock Market Is Crashing, So We’re Buying This NOW (See Our Top Pick):
Oh NO! Interest Rates Are Going Up! | Here’s How to Invest in the Stock Market:
9 Rules We Followed to Become Millionaires in our 30s:
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We are not financial advisors. Our videos are for educational purposes only and merely cite our own personal opinions. In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary. Know that all investments involve some form of risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won’t experience any loss when investing. Always remember to make smart decisions and do your own research!
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Good day I am coming to live in Portugal I. October, my family is all there my father is Portuguese by birth.I am south african.i would love to connect to get some advice on how I can really increase the money I am coming with this would be my pension fund I have worked for the bank for 14 years .I want to do the right thing and grow my money but I have no idea where to start or what to do.And I don't want to turn back and regret.
Thanks for the video. What company do you guys use to transfer money to Portugal from the U.S,?
I’m from Ukraine and moved to Portugal because of war. I love to watch your videos because you speak absolutely perfect English for foreigners, clear, slow enough to understand everything. Thank you for that!
I like this vid. Good insight.
Thank you 🙏🏽 two for answering my question 👊🏽
i like your video.. the information is clear and honest.
Excellent video Team
Excellent video per usual peeps. Happy Sunday and thanks for great content as well
Hey guys , what city did you purchase you primary residence? Thank you
Real Estate in Portugal is perfect for everyone but actual local people.. we can't buy houses, apartments or whatever.. the pricing is absurdly HIGH and it doesn't stop, the government helps everyone who comes to Portugal to live, and they forget about the people who were born here, our wages don't go high enough to cover higher prices, and basically there's a new tax that we have to pay.. Portugal is a Tax Simulator country, Welcome everyone!
Great content! So many people give subjective perspectives.
Hi very informative, great vid. What happens to Portugal housing and mortgage interest rates during a recession?
Another informative & concise video. You are a great team.
Thanks for the update on the real estate market there. Great information.❤🙏🏽
Could you talk about tax implications of owning a home abroad?
🥳🥳🥳
Great vid! Would love to get a video on how to create a passive income stream in Portugal thru RE. Type of properties, up and coming towns that are short term rental friendly, Management companies that help make it a passive investment..for investors that are not planning to be in Portugal full time… thanks so much love your channel
Is down payment for an investing property in Portugal 20% also just like in the USA?
Thanks for the video, are interest rates increasing in Portugal for mortgages?
Thanks for another quality video!
Really appreciate your content every week. It may not always apply to my personal situation, but the information, the thought that goes into it, and the positivity help keep me on track. Thank you!
Ola A$C,
I believe there’s gonna be a pull back on prices,as the past hasn’t caught up to us,”Covid/Recession.I think it’s best to convert usd when in Parity with Euro,hold until prices drop in winter time…Just my thoughts and I’m not quite sure this is the place for us as the kids need to do a year in school to see if it’s cool for them…Although it’s very much more affordable than the US…especially for private healthcare.I was paying 30k per year for family now I got coverage for 3k!!!!????Baffling rite!!Love your show…Off to PDLima for our one year Portugal test….
I love the drill down on the Portugal perspectives. Thank you both so much!
Thank you SO much for this video, answering my question from last week. Super useful.
I dig that Mandalorian shirt 👍🏽
Good Morning! Not something I wanted to hear. But on a good note my husband & I just booked our 1st trip to Portugal. Excited to visit, explore and check out as much as we can in a two week period. Do you have a possible 2 week itinerary flying in & out of Lisboa, maybe from a past video we can view? Also, do you know of any lodging & local car rental places people have had good experiences with? You never know till you ask, eh! Thanks for all you do & more !!!
Buy in Mafra municipality. Dont overpay, dont fear haggling and saying no.
Thanks for all the effort put in..
Portugal não é só Lisboa e Porto, há muito território aonde se pode construir e é mais barato
My husband and I have been looking in Italy however, the prices are high for a second home. And I have thought about Portugal. Thank you for the information. I will have to take another look . Thank you for the information
Love your content!
So, you could still purchase a SFH and do short-tem rentals, just not in certain areas with long-term residences, if the law applies there?
Thank u for addressing my question. . Would your trend applicable to also commercial real estate is Lisbon & Porto, where golden visa still applies?
Hey guys, long time follower, what is your advice for a portuguese guy who's almost 30, who can't buy a house because of the low salaries and steady housing price increases due to high (internal and external) demand? Thanks
*PT Short term rental = 30 days or less?
I’m not saying Portugal real estate isn’t a good investment but you are forgetting about mortgages going up , taxes , house/flat maintenance , utilities bills going up … ! Continue the good work guys , I have been following you in YouTube for a while 👏👏
I bought a property in the Algarve just last year and already it seems like prices are way up since then!
Are Real Estate websites tracking IP addresses like hotels do? The prices are drastically different when searching while in Portugal on hotels.
There's a Real Estate investing section your 365 Days to F.I.R.E. Program correct? Let's put that first. We are ready to invest & need to feel out some areas first❣
And Yes cities like ATL have huge WILD AirBNB parities in condos making it difficult for condo owners to feel safe.🙏 Thank you
Greetings from SF! Love the update!! What is technically a “long term rental”? How is income taxed in PT? IRS? Is there local Rent Contrl laws? Thx!!!
Is that 48% figure uniform in cities vs. more rural areas or is availability more rural than city? My wife and I love you guys :o) We hope to retire to Portugal!
Trying! Trying to see the positive side of everything aren't you?