PORTUGAL: New Build OR Renovation! Pros and Cons Analysis! tips&advises

In this video we bring you the PROS and CONS of doing a New Build or a Renovation in Portugal, we share also tips and advises!
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Pictures used in this video are from:
city image: unsplash.com/@liammckay
old home: unsplash.com/@tama66
new home: unsplash.com/@webaliser
notepad: unsplash.com/@kellysikkema
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[@MeetCarolas]

If you would like additional free resources to assist you on your move to Portugal, join our newsletter: 💌 💌 meetcarolas.substack.com/welcome 💌 💌 Thank you for watching! if you got value of this video please share it and give it a thumbs up!

[@livingworkingoutsidebox]

Very helpful. 👍 Will look to see if you have a tour video of how your renovation turned out. 😊🌞

[@MeetCarolas]

Thank you :) we are glad you've enjoyed our video!

[@isaacmaarcus]

Thankyou for the details.

[@MeetCarolas]

Thank you!

[@Solo50plus]

Very useful...thank you for sharing your experience :-)

[@MeetCarolas]

Thank you 😊

[@mariamysoul]

Really good info. Obrigada

[@MeetCarolas]

Thank you 😊

[@warrenshalm550]

Very well presented Joana

[@MeetCarolas]

Thank you Warren! :)

[@JBSpecialMusic]

Great analysis.

[@MeetCarolas]

Thank you :)

[@ColbyHenderson13]

Thanks for sharing

[@MeetCarolas]

Glad to help!

[@manuelmachado1276]

Thank you for the info. Sounds like rehabbing a property is best. I am wondering how complicated it is to rehab a really old property Seems like an engineer may be required to at least make sure the foundations are proper.

[@MeetCarolas]

Thank you Manuel! Indeed having an civil engineer taking a look at the property is a must to avoid surprises down the road

[@webstuffzak]

Thanks for the video. Can you give me an idea of the average price per sqm for a build vs for a renovation ? Just a range would be great!

[@MeetCarolas]

Thank you Zak, new build is going around 1700 euros m2, renovation depends on what you are going to do, since you have a lot of the structure already in place depending on the property

[@shannahlulay8364]

Under the Renovations, you said "if you are in a historical neighborhood. you have a 6% evap (that's what it sounded like). You have 6% Eva on materials and labor if I'm not wrong." What is this exactly? I do not understand. How do you apply this or apply for this?

[@MeetCarolas]

Hi Shannah, I mentioned that if you renovate in a historical neighborhood you pay less taxes for services on that renovation. In this case will be only 6% for labor.

[@muhammadameergondal6464]

Hi i want know are you purtagez are using concrete blocks or what i want to move to purtagal and having a business pl guide me

[@MeetCarolas]

Thank you for your comment, we built mainly with bricks. Due to time constrains we aren't able to offer consulting services. All the best on your move to Portugal! and Happy New Year!

[@manuelmachado1276]

Hello , what is the fire risk in alentejo and what district(s) is alentejo in?

[@MeetCarolas]

Regarding the risk of Fire, this is a good websites to give you an idea, it shows the risk each day: www.ipma.pt/pt/riscoincendio/rcm.pt/

[@manuelmachado1276]

@@MeetCarolas than you very much

[@AhmadAZIZ7616]

Hello, I want to ask that what's the minimum price of a small T1 or T2 apartments price in Portugal /lisban or near to lisban. I want to move purtugal, and I want to khow

[@MeetCarolas]

It’s depends a lot on the location, you can have from 800 all the way to 3000 or more.

[@AhmadAZIZ7616]

@@MeetCarolas OK, I think it's rent 800 to 3000. I want to know price, if some one wants to buy a small low cost flat or apartment

[@MeetCarolas]

Its hard to give you a number as the location makes the price change quite a lot. The best would be to search in Idealista website to get a sense of the prices.

[@alexpinto3925]

What is the cost per square foot or meter to build a new home in Portugal? Also, can act as the builder and find the sub-contractors? I am a builder here in the US.

[@MeetCarolas]

Hi Alex, it depends on the region, big cities will be more expensive. Right now in Alentejo where we are renovating an old house from the 60s, a new build is going for 1700 euros per m2. You can act as the builder and do sub contractors but it might be more challenging without speaking Portuguese. You would still need an architect to submit your new build project to the Camera (Town Hall) for approval.

[@alexpinto3925]

@@MeetCarolas thank you for the reply. I do speak Portuguese. My parents were born in Portugal. $1,700 per square meter is high.

[@MeetCarolas]

Speaking Portuguese is a great advantage. The m2 increased quite a lot in the last 2 years, that is why we walked away from a new build in to a renovation.

[@alexpinto3925]

Is that price per square foot reflect hiring a builder? If I act as the builder would it be less?

[@MeetCarolas]

If you act as a builder you will probably be able to lower the value. The biggest challenge right now in Portugal is getting workers and sub contractors. Even here in Alentejo everyone is fully booked at least +1 year in advance.

[@kl9809]

What is camera?

[@MeetCarolas]

It’s like the town hall that regulates building in the area

[@warrenshalm550]

Camara is the spelling I think