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PORTUGAL REAL ESTATE:
INVESTMENT OPPORTUNITIES AND
RETIREMENT OPTIONS
RETIRE OVERSEAS CONFERENCE
LAS VEGAS, NV, USA
Crisis and opportunity, property rebounds
1. USD consistently high levels against the Euro, around €0.90 (90 cents), and has been trading in the 87-95 cent range since January 2015
2. USD at historically high rates against the Pound (70-77p+). Brexit means that past UK buyers are now selling and want to receive proceeds in GBP. As the Pound has fallen, UK sellers are able to discount the Euro price, creating a great opportunity, especially with sellers who bought pre-2008 financial crisis
3. Market most active since 2008. Transaction times low. Prices rising. 1. UK buyers worried about Brexit are flocking back to the market2. French are fleeing taxes, social unrest and terrorist threat3. Brazilians are seeking a safe currency haven with cultural and
language links
2 main ways to move to Portugal
1. Golden visa:1. €500K Investment2. €350K in historical city centres with redevelopment need
2. Retirement visa
In addition, DO NOT FORGET: you can rent before you buy!
NHR (Non Habitual Resident) status (0% tax on pension) with either:
1. Rental contract2. Purchase of a property
Why the Lisbon/Cascais/Estoril area ?
• Several times voted Europe’s best cruise, weekend break and city break destination• Existing multinational expatriate population. English very widely spoken• An excellent mix of historical/traditional and modern real estate options• The most popular destination for Portugal’s Golden Visa program (similar to the US EB-5)• Lisbon undergoing a huge redevelopment boom, prices rising monthly• Most sought-after location for urban regeneration and redevelopment projects• TAP running a promotion allowing long-haul guests to stop over for 1-3 days for free!
Great investment in cosmopolitan CascaisModern 2-bedroom apartment in Cascais
2-bedroom apartment with expansive sea and mountain views
FOR SALE: €170,000
Modern 2-bedroom apartment fully equipped and refurbished with many
amenities at hand. Located in Bairro do Rosário, near Guia and a 5
minutes’ drive from the centre of Cascais, this apartment enjoys a
unique view of the sea and mountain. With great sun exposure, this
apartment consists of 2 bedrooms, living room, dining room, fully
equipped kitchen, bathroom. The large windows make the apartment
very light and airy. Excellent investment opportunity.
Modern 2-bedroom fully refurbished
Light and airy apartment
Fitted and equipped kitchen
Good location near Guia and just minutes’ drive from the centre of
Cascais
Expansive sea and mountain views
Fixed 4.8% return in cosmopolitan Cascais
UK: +44 (0) 208 1447558 | Portugal: +351 965 683054 | Sweden: +46 855 922 345 | www.algarveseniorliving.com | [email protected]
Modern Apartment for sale in Cascais with guaranteed 4.8% yield
Fully refurbished T3 apartment located 5 minutes from Cascais centre.
FOR SALE: €215,000
Modern T3 apartment, fully refurbished located just 5 minutes
from the centre of Cascais. With an area of 100 m², this
apartment comprises a wide living room, hall, modern and
equipped kitchen, 1 en-suite bedroom, 2 bedroom and 1
bathroom. Easy outside parking. Apartment has a long-term
tenant and a yield of 4,8%. Excellent investment opportunity.
Fully refurbished apartment
2 bedroom and 1 en-suite bedroom
Fully equipped and modern kitchen
5 minutes from Cascais centre and close to amenities
Excellent investment opportunity
Thinking ahead: west of centre in Belém
1. Saleable area: 360m²
2. Project approved and designed by seller (architect)
3. Cost of land: €570K (42% GDV)
4. Construction cost(est.): €325K
5. Sales price: €3,700/m²
6. GDV: €1.332 M7. Pre-tax Return:
32.8% 8. Est. annualised
return: > 15% p.a.
Thinking ahead: new redevelopment zones
1. Above ground GCA: 5,653 m²2. Realistic average selling price: €3,500/ m²3. GDV: €19.786 M4. Plot asking price: €3.9 M (19% of GDV)5. Syndicated investment in tranches of
€1M
Why the Algarve?
• Voted the Best Place in the World to Retire• Some of the best beaches, golf courses and marinas in the world• Existing multinational expatriate population. English very widely spoken• Food and wine among best and freshest in the world. Largest fish consumer in Europe• Attractive and well-priced real estate. Algarve much less developed than Spain• Many sporting, nature, historical attractions and activities• A high degree of anonymity and respect for privacy• Is the Algarve Europe’s most famous secret? 7 million a year visit it, most in the summer!
SOLD in 6 months: 3 b/room bungalow: ~8%
PRICED TO SELL! 3 bedroom single-storey villa walking distance to Praia da Luz
Lovingly maintained bungalow with small courtyard garden. Great “lock-up and go” property or permanent home
SOLD in 2 months: 2 b/room apt.: ~8%
Incredible value for money in popular Praia da Luz
Contemporary 2-bedroom apartment in small condominium with pool – bank repossession
LIFESTYLE INVESTMENT – currently let: ~5%
Exceptionally-priced Praia da Luz sea view villa
Spacious 4-bedroom, 3-bathroom villa with sea views, private pool and garden
3 bedroom golf course villa: RENT or BUY : ~5% investment return
Stunning Western Algarve golf course villa
Luxury 3-bedroom, 2.5-bathroom villa with stunning golf views
SOLD OUT SINCE CARVOEIRO CONFERENCE!
UK: +44 (0) 208 1447558 | Portugal: +351 965 683054 | Sweden: +46 855 922 345 | www.algarveseniorliving.com | [email protected]
50 APARTMENTS WILL SELL OUT IN 3 MONTHS: stunning sea views in Lagos
1, 2 bedroom apartments with excellent quality and on-site pools, gym, sauna. 25 offers in 1 week
FOR SALE: 20% FURTHER REDUCTION, now from €150,000
These new luxury apartments have just been re-released to the market by the
bank at reduced prices. Built with exceptional quality, most are nearly-finished and
require small investments to complete. With one of the most impressive views of
Lagos and the Bay of Meia Praia, most apartments also have views over the pools.
All apartments have access to an outdoor adult and children’s pool, a large indoor
heated pool, sauna and steam room, gym and covered secure parking. Walking
distance to large supermarkets and restaurants and to Lagos’ daily fresh fruit and
vegetable market. These apartments are an excellent investment opportunity.
Impressive secure modern building
Indoor / outdoor pools, gym, steam room and sauna, underground parking
Walking distance to supermarkets and restaurants
30 minutes’ walk to marina and Old Town of Lagos
Most apartments with partial kitchen and AC – require around €5000-8000 to
complete kitchen and furnish
WILL SELL QUICKLY: est. ~7% yield
2 BEDROOM SEA VIEW FOR €115K! Walking distance to Carvoeiro town centre
Just reduced property perfect for summer or winter rentals, beach and town centre access
EXCLUSIVE CONFERENCE OFFER: €320K (subject to refundable €5K reservation, 50 day visit)
REDUCED TO SELL BY RETIRED OWNERS! Praia da Luz villa with spectacular sea views
4-bedroom, 3-bathroom villa with glorious sea views, private pool and garden
1. Yields in Portugal are typically 2-4% gross/pre-tax2. Most rental properties operate at high values in the short summer months and
are then left empty in the winter3. Looking for alternative methods of property management can increase yields:
1. Winter rents2. NHR client base3. Year-long rentals4. Winter + summer combination
4. Rental yields can be increased to 5-8%5. Best yields typically in the purchase price range below €200,000, but premium
prices especially for summer rental properties may be a good strategy6. Local lodging legislation and the entrance of so many people to the market and
so many sites, means that competition is fierce. Working with experts in rental marketing is now advisable
Purchasing for rental yields
WINTER LET: 1/2 bedroom sea-view
Modern 1, 2 and 3 bedroom apartments in fantastic location near the beach
One of few long-term modern let options near Praia da Rocha in Portimão, at excellent prices
LONG-TERM RENT: from €599 per month + expenses
Well appointed, light and spacious apartments located in the popular
neighbourhood of Praia da Rocha in the bustling city of Portimão. The
apartments are fully equipped and furnished to a contemporary
standard. Conveniently located for all local amenities including easy
access to the wide and popular Rocha beach.
1, 2 or 3-bedroom modern apartments with a variety of views
Walking distance to Rocha beach, restaurants, shops and public
transport
Contemporary furnishings
Elevator, entry phone, lobby and plenty of parking
Fully fitted kitchen including washing machine in 2 and 3 bedroom
apartments
Winter RENT or BUY with fixed income
Contemporary spacious 2-bedroom apartments in the heart of Praia da Luz
Ideally located apartment in quality resort, within easy walk of beach and village amenities
FOR RENT: 2 bedroom traditional cottage
Excellent location! 2 bedroom cottage in heart of charming village, close to beach and river
Authentic refurbished 2-bedroom cottage within walking distance of town centre, beach, river
FOR RENT: 2 bed marina view apartment
Prime location 2-bedroom apartment with stunning marina views
Elevated 2-bedroom apartment ideally located for all amenities overlooking Lagos marina
WINTER LET: Sea view refurbished villa
3-bedroom villa in unbeatable Carvoeiro clifftop location
Partly refurbished 3-bedroom villa ideal for long term rents and no car required
Where we come in: About ASL
• Solutions for retirees moving or spending winters in Southern Europe
• Accommodation for rent (incl. serviced and “try before you decide”)
• Property for sale (including property sourcing and investment)
• Mainly 1, 2 bedroom apartments, 3 bedroom villas, and refurbishments
• Coverage of Algarve, Lisbon/Cascais/Estoril, Silver Coast (and Spain)
• Discovery tours in up to 8 languages
• Post-installation services via specialist partner network (utilities, health, vehicle registration, legal, banking, pets, cultural & sporting clubs)
• Clients from 20 countries around the world
• 6 nationalities consistently move for Portugal’s NHR (tax-free) status
• A few nationalities obtain residence via the Golden Visa program
“Discovery tours”
• A combination of tourism and real estate• Understanding the context of the region and its areas• Visit to a variety of real estate options• Accompanied by an expert knowledgeable in the region• Next “Discovery Tour”:
• October 2016: 5 days• 2 days Lisbon/Cascais/Estoril• 1 day travel and mini-conference• 2 days Algarve (west and east)
• SPECIAL CONFERENCE Pricing:• $1,099 single (normally €1,079)• $1,799 per couple (normally €1,899)• Includes: 6 nights’ B&B 4* accommodation, Lx-Algarve X-fer, 4 lunches
• Numbers limited STRICTLY to 24 (minimum 20)
For more information
• Visit us at our booth to know more or to book a Discovery tour!• Let us know if you want to be placed on an investors’ mailing list.
CONTACTS:
Luís da [email protected]
UK: +44 208 144 7558PT: +351 965 683 054
