One of the many houses sold on the Silver Coast of Portugal
Today I want to share my last client experience.
This client came to Portugal looking to buy a second-hand house in the Silver Coast. His idea was to buy a resale detached villa, with some privacy, where he could do some improvements (not a lot - perhaps just some painting and improving the garden and maybe even putting in a swimming pool). His budget was 150.000€ including what he wanted to spend on improvements.
2nd Day - On the second day I told him we would be looking at new properties to give him a better feel for what he could get and compare them with the properties he had seen the previous day. Again, showing him the surrounding areas as this is as important as the property itself. We went to Cadaval where we looked at 2 properties, then moved on to another property with views of the Monte Junto Mountain (spectacular views) and stopped for lunch in a really nice typical small restaurant. After lunch we went for a walk in Obidos castle and went to see the last property in Salgueirinha - a quiet location some 10 minutes from Obidos Castle and Caldas da Rainha, which was our next stop. Caldas is definitely worth visiting as it is a lovely town where you can find everything: from shopping malls to street markets, banks, rail and bus links to Lisbon and the north, cinemas, parks, etc. From there we went to Foz do Arelho, where the Obidos lagoon meets the sea, so that they could see how close they were from the beach. Last, but not least, we went to Sao Martinho do Porto for a before heading back to Lisbon, which took us 50 minutes.
3rd Day – The decision day! They were really keen on the last property that was for sale at 165.000€ and also in another one for 155.000€. They decided that they wouldn’t go over their initial budget of 150.000€ so they wanted me to make an offer for that amount on the 165.000€ property. If it was refused they would try the other one. I knew that 3 weeks ago the developer had turned down a similar offer, but still tried anyway explaining that if he didn’t accept the offer they were going to buy another one. It took the developer some 30 minutes to phone back accepting the offer, on condition that the client sign the deed within a maximum period of a month and a half. The clients were delighted and we when to the lawyer to reserve it.
These photos were taken a few month ago and the house is now ready and lovely.
This client came to Portugal looking to buy a second-hand house in the Silver Coast. His idea was to buy a resale detached villa, with some privacy, where he could do some improvements (not a lot - perhaps just some painting and improving the garden and maybe even putting in a swimming pool). His budget was 150.000€ including what he wanted to spend on improvements.
1st Day – On the first day we took some time to look at some of the areas in the Silver Coast , mainly the Lourinha area, where there are many properties of this type and which are good value for money. We had a look at the main beach (Praia da Areia Branca) in the town of Lourinha so that they had a reference point to the properties I was going to show. I showed 4 houses but 2 of them needed too much work to be done. They were impressed with what they could get for their money but it wasn’t really what they wanted. The houses were of course old, so some had small rooms or small windows, kitchens needed improvement and some even needed the tiles in the bathrooms to be changed.
2nd Day - On the second day I told him we would be looking at new properties to give him a better feel for what he could get and compare them with the properties he had seen the previous day. Again, showing him the surrounding areas as this is as important as the property itself. We went to Cadaval where we looked at 2 properties, then moved on to another property with views of the Monte Junto Mountain (spectacular views) and stopped for lunch in a really nice typical small restaurant. After lunch we went for a walk in Obidos castle and went to see the last property in Salgueirinha - a quiet location some 10 minutes from Obidos Castle and Caldas da Rainha, which was our next stop. Caldas is definitely worth visiting as it is a lovely town where you can find everything: from shopping malls to street markets, banks, rail and bus links to Lisbon and the north, cinemas, parks, etc. From there we went to Foz do Arelho, where the Obidos lagoon meets the sea, so that they could see how close they were from the beach. Last, but not least, we went to Sao Martinho do Porto for a before heading back to Lisbon, which took us 50 minutes.
3rd Day – The decision day! They were really keen on the last property that was for sale at 165.000€ and also in another one for 155.000€. They decided that they wouldn’t go over their initial budget of 150.000€ so they wanted me to make an offer for that amount on the 165.000€ property. If it was refused they would try the other one. I knew that 3 weeks ago the developer had turned down a similar offer, but still tried anyway explaining that if he didn’t accept the offer they were going to buy another one. It took the developer some 30 minutes to phone back accepting the offer, on condition that the client sign the deed within a maximum period of a month and a half. The clients were delighted and we when to the lawyer to reserve it.
These photos were taken a few month ago and the house is now ready and lovely.
Labels: Investment, Portugal, Prestige, Property, Silver-Coast
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