QUOTE(MrCheese @ Jul 14 2006, 10:04 AM) [snapback]412825[/snapback]
my wife is Portuguese so this is something i have considered. 2 things make me slightly uneasy - first is the rise in prices over the last few years - flats that were selling for 80k euros 3 years ago are now 250k. i just don't see how this is consistent with the economic situation in the country. second, with BTL i would be very careful and get very solid legal advice about the rights of the tennant after they have resided in the property for a year - it used to be the case that you could not evict someone. i don't know what the situation is now but it needs checking.
what never ceases to amaze me about Lisbon is that there are all these characterful run-down building near the centre of the city but all the locals live in really shitty new build blocks on the outskirts....
Thank you for that insight into Lisbon you have blown our romantic illusions!