Buying a house in Portugal – A step by step guide

Buying a house in Portugal:
Portugal is one of the favorite locations to move abroad.
It’s no wonder that it is the first choice for many when looking to buy a home to relocate or to spend their holidays.

If you have your eye on that nice cottage with sea view in sunny Portugal, then you are in the right place.

Here is a step by step guide to take you through the entire process when buying a house in Portugal.

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The cheapest houses in the world – where & for how much?

Where are the cheapest houses in the world?

Buying a house is not the same as buying a new pair of shoes or a second hand car…or is it?

House prices are usually in the 6 figure range. For many of us buying a house is just an illusive dream. For those who can make it, this is likely going to be the biggest venture in life. Continue reading The cheapest houses in the world – where & for how much?

Rent or Buy a house? Renting vs. buying

Deciding if you rent or buy a house can be a difficult choice, probably the largest financial decision you will ever make.

First you need to be clear on your goals, will this just be a place for you to live or you want this also as an investment? Rent or buy a house: Both have advantages and disadvantages. The answer largely depends on your situation and preferences. Continue reading Rent or Buy a house? Renting vs. buying

SOLD – sorry, you just missed another property bargain

The best property bargains will typically stay on the market for only a couple of days or even just a few hours.

Property markets move fast and when it comes to a property bargain they move even faster. So if that special property, the one you’ve been looking for, comes up on the market you want to be the first to know about it. Continue reading SOLD – sorry, you just missed another property bargain

You need as little as £20k to get on the property ladder

If you think you will never be able to put together enough money to get on the property ladder …think again.

It normally takes a few years saving up for a deposit and than to be able to demonstrate you have the ability to meet your monthly payments on a mortgage.

Continue reading You need as little as £20k to get on the property ladder

How much property can I afford?

It’s no rocket science: Whoever wants to buy a property should first calculate the costs to see how much he can afford.

This requires a budget that shows: what financial resources are available? What is your monthly budget without getting into trouble? You can quickly determine in 5 easy steps how much you can afford.
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Is buying property a good investment?

Actually real estate is a great investment.

Investment property can grow in value overtime and while you have it you can actually use it to generate income.

When looking for investment properties, look for properties located in areas that are likely to see some growth in the near future. Since you don’t know how soon you will be able to resell it, keep you options open. Look for properties that could easily be rented out, either as a long term let or as temporary accommodation.

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Buy property in 2018 – top 10 places

When it comes to buy property in 2018 as an investment, one needs to balance risk and reward.

The most popular locations are not necessarily going to see the fastest growth in 2018 and rent yields won’t necessarily tag along property prices.

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1000 properties for less than €20,000 each.

“Properties for less than 20k, are you serious? Didn’t you forget a 0?”

That’s the usual response telling someone about the website propertyunder20k.com. It even seems a stupid idea in the first place to make a website that only lists properties that are that cheap. Most people would think there will not be many ads that fall in this category. Continue reading 1000 properties for less than €20,000 each.

Can a foreigner buy a Property in the US and what are the considerations?

The short answer to whether a foreigner can buy a property in the US is “yes”. Whilst some countries restrict the sale of land and property to natives the US does not. Further to this the conditions associated with foreigners buying a property in the US are generally very similar or identical to a native buying property.

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