Wednesday, September 22, 2021

As cute as a button!

 Fell in love with this bright, little gem even before seeing it.....


                                                  Quiet tree lined street in Alcantara, Lisbon 

Very desired neighborhood, street close to shops and cafes, 15 minutes to the center of Lisbon and walking distance to the river and marina restaurants.                                  







               Living room, bedroom, kitchen, bathroom and balcony- all beautifully remodeled!

                                              Asking price was: 205,000 euro
                                           Bought by investors at: 197,500 euros                               

                                     Estimated short term rent: 1500 euro per month (minimum)   

                                     Estimated long term rent: 800 euro per month  

                                     Estimated monthly expenses: 200 euro per month  *


As Lisbon is developing fast and tourism is in the rise, accelerated appreciation is expected for the next 3-5 years, so this is an excellent, safe option for parking your money and selling when the "bidding wars" start.  

                Feel free to contact me for addtional properties in the market, this one is SOLD! 


                                                               naomiesal@gmail.com   

                                                            Whatsapp: +31-6- 2858 1459    


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* does not include property management fees- TBD.         

Saturday, August 28, 2021

Why I invest in Portugal now???

 



Hello friends,

I haven't been blogging here since 2019 as I decided to stop investing in the US for now. Still enjoying the properties I own in AZ but time to move somewhere else. 

And then...  sunny, colorful, fun, Portugal showed up!


Why Portugal then.....?

1. With its mild weather and beautiful beaches, Portugal has become a magnet for European tourists, young nomad professionals and retirees from all over the world and the US!

2. Real estate is still reasonably priced and appreciation is expected to rise sharply in the next 3-5 years.

3. Expenses for investors ( property taxes, management, etc.) are relatively low, so he returns are higher than in most Western European countries.

4. Very convenient income tax scheme for foreigners: which country in the world offers special tax benefits to foreigners for the first 10 years of residence?

5. The Golden Visa for Portugal is still on, but about to be modified, so this is the time to invest if you would like to become a resident. 500k euro minimum investment will "buy" you Portuguese residency!

6. Last but not least: the art and culture in every corner, the delightful warm people, the delicious and very reasonably priced food, they are all creating an international hype that makes investing in real estate NOW, the right time!


Join me? Contact me for additional information friends, I am super-excited!


                                             Email: naomiesal@gmail.com 

                                             Whatsapp: +31-6-2858-1459