Living in Portugal
This is a blog about Life, Real Estate Entrepreneurship and Relocation!
Here you can read and learn about the expat experience, the inevitable bureaucracy and what it's like to pick up your life and move to another country.
You will learn about the variety of investment opportunities available in Portugal. We have compiled a list of the hottest properties that currently exist on the market to make your next smart real estate investment in Portugal a reality.
Come hand in hand with us through the relocation process to Portugal, to purchase and entrepreneurship of yielding real estate, or for a private tour of the stunning city where we live - Porto!
Come and see the variety of things we can do together (:
We are so happy you joined us!
We are Vital and Omer.
Blog owners: "Vital and Omer - Live Portugal" entrepreneurs, create and make things happen!
We had been talking about relocation for years. There was a burning desire to live somewhere else - more quiet, with more opportunities, less stressed and more adventure. We wouldn't have forgiven ourselves if we looked back, knowing we could have done it and we didn't. After all - the world is big, the world is open, and all you have to do is just go out there and get it.
So we packed up our whole lives and braved the move. We sold most of our belongings a crazy three-day yard sale, and the little that remained we packed in the boxes to store in our parents' home. We then took off with a few suitcases into the unknown, knowing we were ready for anything to come - and believing that together we would get through anything.
New Studio Apartment in the Heart of Porto€185,000.00 Add to Basket
Building for Renovation with Approved Project in the Heart of Cedofeita€800,000.00 Add to Basket
Four-story Building in Good Condition, Centrally Located in Porto€550,000.00 Add to Basket
Building for renovation and improvement in the hottest neighborhood in Porto€480,000.00 Add to Basket
Renovated duplex studio apartment for sale in Cedofeita€150,000.00 Add to Basket
Huge apartment with solar terrace – in good condition€200,000.00 Add to Basket
Full accompaniment for purchasing a property
We believe in personal, professional and transparent accompaniment
As creative and ambitious people by nature, we touched on quite a few areas of our short lives.
In recent years, we have been investing, accompanying and executing real estate projects in Portugal.
With an emphasis on real estate investments in Porto – the city in which we live
Our artistic and management background helps us realize the potential of any asset we choose for us or our investors,
To create the best and most income-producing real estate investment for you.
We're here to expedite, facilitate, save and streamline any process we go through together on the way to investing in your real estate in Portugal.
"Don't wait to buy real estate. Buy real estate and wait!"
Close guidance, which includes approval in principle when the investor is still in abroad, collecting all relevant documents and submitting them to the banks we work with in order to obtain the best financing terms for you. The accompaniment includes the appraiser's meeting until the final signing of the deed, and the transfer of funds from the bank to the seller of the desired property.
It is important to know that foreign investors, including those with An Israeli passport , can receive bank financing in Portugal up to 70%, with conditions of between 1.1-2% interest!
These conditions also apply to Portuguese passport holders who are not Portuguese residents and only hold the passport.
Residents of Portugal, with economic activity in Portugal – of at least a year, can apply for funding of up to 85% if the property you desire to buy is for your own accomodation.
To read more about bank financing click here
An income tax number in Portugal that is necessary for any purchase here in Portugal, especially when talking about real estate.
Together, we will open a bank account with the documents we collect in advance that will be sent to the branch we work with. This will expedite the processes and shorten times that can sometimes be critical to the buyer who can only arrive for a few days.
When we meet at the bank branch together, all you will have to do is sign the papers.
It is important to note that we are not realtors, and so, we do not offer our clients just any property that is on the market to receive a commission.
We are looking for properties as investors ourselves, as the buyers, negotiating every value to get the best deal for you - with a profitable sales expectation, tailored to the business plan we build together.
We focus on strategic areas of the city with stable markets and diverse demand, which will ensure a worthwhile and reliable investment with future perspective.
In recent years, we have purchased dozens of properties for private investors, purchasing groups and also for ourselves. Thanks to our connections in the city, we have the ability to find properties that are not necessarily in the "market".
We get the assets before they go online and are shown publicly, as well as prioritizing closing the deals for our clients.
We believe real estate relies on footwork and fieldwork. We have seen that so many buisness opportunities come from private owners who will never post their property online. This way we can get the most interesting deals, below the market price.
After we set your date of arrival in Portugal – we together visit approximately 5 relevant properties that have been carefully filtered according to your unique business plan, and together we will analyze and select the most worthwhile propery for your needs.
Every property chosen by the client works in-depth and comprehensive examinations with our lawyer who leads all our clients to safe and secure transactions.
Our carefully selected lawyer works with credibility, professionalism and agility that is tailored to the nature of real estate transactions.
She speaks fluent English, so any contract you receive through her will be both in Portuguese and in English translation for your ut most convenience.
We will also sign a power of attorney (PoA) so that we can continue to manage the purchase process for you even when you are already in Israel.
After purchasing the property, you can choose and continue with us in having us manage the rennovation of your property (if necessary).
We work with a professional construction team, who work quickly at reliable and convenient prices. We supervise the entire process of the project, from expenses to ensuring a detailed schedule ofthe renovation is completed and the keys are received on time.
The costs of the renovation depend on the parameters and nature of the project, so each project is analyzed on a case-by-case basis.
Our team of a trusted professional architect, an engineer, and construction company adapt to a variety of types of renovation – from constructive renovation of buildings, interior renovation to apartments, or renewal and preservation of existing buildings.
After completing your purchase and the renovation process (if necessary), you can choose to continue working with our team to manage your property for long or short term.
Our team will take care of tenants, contracts, ongoing management and fault solving , so you'll be relaxed that you're in good, safe hands until you decide to sell or move here.
What else can we do together?
Private tour of Portugal
Accompaniment and help during the process
Get Your Checklist - for FREE
We offer, completely free of charge, a document with everything you need to know before relocating to Portugal, and everywhere else!
Beaches, sun, good prices and quality of life. Portugal has it all. But we have to agree that no place is perfect. The decision to relocate to Portugal involves a lot of hesitation about the nature of the desired place, finding a job and fitting in, but what is it really like to live there? What is the good stuff and also the challenging stuff?
It's been a while since we chose to move to Portugal. The idea was to travel around the country for our honeymoon, but we fell in love with this place. Hey, we're Vital and Omar and this is our love story in Portugal.
So hey, you've come to the conclusion that Portugal is your next investment destination, you've done your market research, you've got some understanding of the numbers, you've talked.