All Forum Posts by: Marco Teixeira

Feel free to use my discord server to set and have those meetings ;)

Hey guys, i have been working on something for all real estate investors in Portugal to easily meet each other and talk about real estate in this country. Please send me a message with your e-mail and lets meet. 

Hi Vitor,

good luck for your journey. Where are you working as a RE agent and plan to invest?

Ahah nice, you're killing it! ;)

Multifamily?

I guess it's 50.000€ each, right?

Hi Juan, Algarve will always be special for me. I lived in Portimão for 11 years so i have roots there. Even tho i don't live there anymore, it will always be my home :) Still go there every year. 

One day i would like to go back or at least spend a few months there, and of course invest too. 

Are you doing there anything different than vacantion rentals?

Best of luck!

Well done Christopher, you have structured the deal nicely. My only concern is the ammount of rent you are paying. Even tho i know Lisbon is expensive right now, isn't it a bit high?

Keep up the good work! 

@Diogo Candido i'm definitly up for a good challenge ;) 

Looking at what is in the market already, it seems we would need to "build" some kind of 4 or 5 star hotel but ready for seniors.

Then we would have two options:

1) find an operator to run the assisted business who would be our tenant (not the seniors) and pay us a rent;

2) manage the property and the assisted business;

At this point in my life, i would be only interested in number 1). In the future will see.

So it seems to me, that what we first need to do is find those operators and see if they would be interested to rent those homes and talk with them about the numbers. For example, if it costs 1M€ to put one of these homes ready, the rent would need to between 10 to 20k€. I don't think anyone will pay this but i wish i'm wrong.

Definitly challenging!

I'm also interested in those large single family homes conversions, but for seniors assisted living homes. Have anyone thought about doing these? Any success making the numbers work?

Hello all, good to find more people looking to Invest in Portugal.

I'll make a better post later when i can.