Investing in Portugal - Passive Income up to 10 years

[Tiago Faria]

Hi there!

I'm about to begin my real estate investing journey back in my home country Portugal, and am super excited to share with you guys.

Through a local wholesaler, I've found a company that pays me a monthly lease for 10 years, and then rents out my property to college students. This is guaranteed income every single month (no worries about vacancies), and the company manages everything related to the property (maintenance, fixing, finding tenants, etc). The only costs that I will have to cover are potential future structural damages.

Despite the discount, the monthly lease still guarantees me a cap rate of 7% on my investment. The city where I'm buying has very attractive rents (large University), and still has plenty of deals.

The only risk associated with the deal is if the company goes bankrupt, which is highly unlikely as they are growing exponentially and looking to scale to new cities in Portugal. For this reason, they are looking for more investors interested in this kind of passive investing.

If you are interested in knowing more about it, please feel free to contact me and I can introduce you to my contact. 

(Note: They agreed to pay me a commission for every successful lead).

Thank you!