A South African couple decided to move to Portugal, they had done some research and knew roughly what area they wanted to live in - Coimbra, in the centre of the country. Their other requirements were that they needed to be roughly 30 minutes away from a major city and had a budget of about €350K to work with. They also needed land as they had a passion for gardening and a sizeable interior space to allow for their collection of musical instruments and to create a tranquil area for meditation and yoga.
Our challenge was to fulfill these pre-requisites to our client’s satisfaction. After some searching we found the ideal solution, a villa located a little further from Coimbra, yet with excellent transportation links, it had an acre of land and a basement which could be converted into their music studio and retreat area. We worked with the seller, building contractors and our own architecture team to bring the property and construction works down to within the couple’s budget. The project was initially challenging yet through dedicated determination we were able to deliver a dream home to a truly delighted couple.
Our Brazilian client, a top executive wanted to secure a ‘Golden Visa’ through an astute €500K investment. He planned on purchasing an apartment in Lisbon, but lacked knowledge of the property market there and required premises, which could be sold on relatively quickly and easily. He turned to us to come up with options, as of course he did not want spend the time and money on traveling back and forth to view and negotiate on potential sites. Over Skype, we identified his conditions, advised him on the market and generally steered him in the right direction to ensure that the purchased property would be a sound investment with good liquidity.
After presenting him with a series of suggestions, we agreed on a shortlist and he flew over one weekend for viewings. Our initial recommendation of buying downtown, close to the castle was fully appreciated by the client, as he saw at first hand the tourists in the street coming from Terreiro do Paço joined by visitors from the new cruise terminal, all heading towards the Castle of São Jorge and Alfama. We had identified a building, which was being totally renovated with ten serviced apartments. The client was understandably impressed and made a video of the development to send his wife. On Monday morning we went to one of our trusted legal partners to make a reservation agreement and on his behalf we completed the transaction in his absence shortly thereafter. Three months later more than half of the apartments in the building had been sold, resulting in an immediate 20% return on our client’s investment. Needless to say he was thrilled.
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