We Bought a Vacation Home in Portugal

Here's What We Wish We Knew Before We Bought a Vacation Home in Portugal

Author

The Unretirees
August 04, 2024 • Estimated Reading Time: 6 minutes

In this issue:

Tell me if you’ve heard this one before - 

A couple decides they want to retire in another country one day. So they buy a house in another country a few years before they plan to retire. After all, rates are low and prices won’t get any cheaper. They talk about how they plan to spend a couple of months there every year while they’re still working and how nice it will be to have a place to call home. They plan to rent it out as a vacation rental when they’re not using it. They estimate that they will earn enough rental income to cover the carry costs, build some equity, and eventually move in. 

Have you ever thought of doing this?

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