Portugal

  Portugal  

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Fast Facts About Portugal

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  • Population: 10,799,270
  • Capital City: Lisbon
  • Climate: Maritime temperate; cool and rainy in north, warmer and drier in south
  • Time Zone: UTC+00
  • Language: Portuguese
  • Country Code: +351

Archives

Cuenca, Spain

Europe’s Stunning Iberian Peninsula: The Real Estate Story Right Now

I’ve traveled widely throughout the Iberian Peninsula and stood watching the wild Atlantic crash on the shores of Portugal and the Mediterranean Sea lapping long beaches to the south of Spain. From a traveler’s point of view, this whole Peninsula—with its Moorish and Basque influences—is charming and intriguing. This is where you’ll find some of Europe’s best weather…as well as good food, good wine, and dramatic landscapes.

Barcelona, Spain

Forget the Starving Writer Cliché…I Earned $500 in an Hour

A few years back, I was working a full-time, regular 9-to-5 teaching job. My bosses were inflexible, I was stressed, and I couldn’t stand the work. When you’re a teacher, you can’t just take time off to travel. I’m also not a morning person, and waking up at 6 a.m. every day was tough. I was following the rules…and I don’t like following rules. Writing was always my passion, but I had no idea how I would go about actually earning a living writing. Writers don’t earn livings, everyone knows that. Right?

Koh Samui, Thailand

The Perfect Solution to These Baby Boomer Regrets

A recent British Airways survey of 2,000 baby boomers found that their biggest regrets in life are working too much and not traveling enough. This hit home for me, first because I’m a baby boomer myself. I was born between 1946 and 1961. It also struck a chord with me because, for the past 15 years, I’ve been working for an outfit that directly addresses both these issues.

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Chocolate, Statues, and Tree-Top Dives

With its historic castle and medieval streets, the Portuguese town of Óbidos has a lot to offer visitors. And if you have a sweet tooth, you have another big reason to stop off in this town if you’re rambling through Europe. At this time of year, Óbidos plays host to its annual International Chocolate Festival, which draws attendees from across Portugal and beyond. Amid the many showcases lining Óbidos’s streets, you’re sure to find a chocolate (or two…or 10) to suit your tastes. Professional chocolatiers compete for the Chocolatier of the Year award, while visitors can revel in the many chocolate statues—provided they don’t melt in the Portuguese sun.

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Sunset on the Andes…and an Enriching Overseas Life

Living overseas has its benefits…even if you’re not ready to retire yet.

The daily commute becomes a cycle to work along a beach path in Portugal…marking essays is not so tedious while sipping mango juice in a bustling cafe in Brazil…the weekly shop for groceries is spiced up immeasurably by a trip to Mercado Central in La Vega, Santiago.

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Affordable Havens in Old-World Europe

Rich in history, culture, and romance, Europe has long had a strong appeal for North American retirees. But many people who would love to retire to the Old World fret that it’s beyond their budget. And while Europe on the whole is more expensive than Latin America or Asia, that’s not to say that there aren’t countries here where a more affordable retirement can be found—without sacrificing the Old-World romance you crave.

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The World’s Best Places to Retire in 2016

Retiring abroad is easier and more affordable than ever before. These days it really is possible to spend your days relaxing beneath palm fronds on a Caribbean beach, enjoying farm-fresh produce in a mountain haven with year-round spring weather, or wandering the storied streets of a historic and cultured European city…or all of the above. But with so many choices available, finding the right one can seem daunting.

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Winged Terrors Keep the Bugs at Bay

Bats portend doom. So the folklore goes. In New Mexico a bat in the house means a death will occur within eight days. In the Midwest it’s within a few months. And if you live in Washington State, the good news is you have a whole year.

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Chestnut Booze and a Failed Assassination

Many years ago, the Portuguese island of Madeira had a surplus of chestnuts. To make the most of this bumper crop before it went off, the creative locals used chestnuts in every conceivable dish, from soup and cake to bread and even liqueurs. And from November 1 to 2 each year, residents of the rural district of Curral das Freiras commemorate their ingenuity with the Festa da Castanha, or Chestnut Festival.

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An Opportunity 50 Years in the Making on Portugal’s Algarve

In 2009, the global financial and economic crisis steam-rolled through fragile Portugal. In the six years since, I have been closely watching the real estate market in the Algarve (that’s the popular tourist destination at the nation’s foot). I have made four scouting trips here in recent times. Finally, it’s time to make a move.

Arraiolos

Arraiolos: Portugal’s Medieval Gem

Vivid colors, countless sizes, the smell of clean wool and the sound of clacking needles…at every turn is another gallery or store where local ladies sit stitching their carpets and tapestries. Nestled in the rolling hills of the Alentejo region of Portugal, Arraiolos is a medieval gem where you can observe an ancient art carried on since before the reconquest of the Iberian peninsula from the Moors.

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The Five Best University Towns in the World for Retirees

The narrow lane spills onto a magnificent square. A group of young musicians fills the twilight with melodies. All around you are stunning buildings dating back centuries. And yet the people relaxing here and walking through these ancient streets are very much 21st century: students with books and laptops in hand. Folks from all over are enjoying evening drinks or dining on café terraces. Talk is of the art expo the town is putting on…an upcoming concert…or the latest news or trends…

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A Grand 17th-Century Townhome for $180,000 in the Alentejo

I’m a cynic. I’ve traveled enough and read enough about travels to firmly doubt most things. Like my grandpa used to say: “Believe none of what you hear and only half of what you see.” But I’ve seen the light. That is, I’ve seen the rose-hued glow of an Alentejo sky and it really does […]

Lisbon, Portugal: A Travel Writer’s Night Out

Buy from $70,000 in the ”Oxford” of Portugal

You step from your dining room onto a large balcony. It’s warm out—short-sleeves only—and the sun is dipping behind forest-clad mountains. Cut-stone steps lead down to your cobbled courtyard and from there your split-level garden. Your orchard’s looking good: Lemon, fig, olive, avocado, and cherry trees laden with fruit. Maybe now’s the time to fire […]

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Europe’s Top 5 Affordable Retirement Havens

Not surprisingly, Europe delivers strongly on healthcare; in each of our five picks, you’ll find healthcare professionals and facilities of a world-class standard. But perhaps more surprisingly, the care on offer in these countries won’t leave you counting pennies. Many of these nations benefit from universal coverage and strong public healthcare systems, and even their private healthcare can be accessed for a sliver of the cost in the U.S. Doctors’ visits, for instance, can run well under $100, and other services are similarly reasonable.

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Shamanic Rituals and Ancient Theater

Renowned for its beaches and culture, the Indonesian island of Bali plays host to the annual Bali Arts Festival from June 13. This celebration of traditional art and dance includes tribal dress—resplendent golden headgear, vibrantly-colored saris, and ornate tribal masks—and traditional dance unlikely to be seen anywhere outside the remote villages where it originated. A terrific way to immerse yourself in the unique traditions of the Eastern world while soaking up some glorious rays.

Lisbon

Now is the Best Time in a Decade to Buy Property in Europe

Right now the U.S. dollar buys more in Europe than it has in over a decade. It means that this is a smart time to buy property in certain markets—including Ireland, Portugal, and Italy—according to the live-overseas experts at InternationalLiving.com. A €100,000 property that would have cost $139,000 last March costs just $106,310 right now, a discount rendered by the currency-exchange rate alone. “In good-value markets that made sense at ‘full’ price, this favorable exchange rate is effectively putting properties on sale, and the bargains can be unbelievable. The timing is right for Europe today,” says InternationalLiving.com’s real estate expert Ronan McMahon.

Beara-Peninsula

Europe on Sale: Buy Now While the Dollar is Strong

Property markets in Europe are moving again—and right now you can find some great bargains in stunning settings. At time of writing, the U.S. dollar is strong which means you get more bang for your buck. In fact, your U.S. dollar buys you 24% more euros than it did this time last year. And, right now your dollar goes further in Europe than it has in over a decade. If you’re looking to buy real estate on the continent, now is the time to buy. A €100,000 property that would have cost you $139,000 last March costs $106,310 today, a discount rendered by the currency-exchange rate alone.

Affordable Europe: The Five Best Low-Cost Havens in the Old World

Imagine the smell of freshly-baked croissants wafting through the air, or the satisfying swallow of wine made from grapes grown just down the road. Perhaps you muse about living on a sun-drenched Mediterranean beach or tucked down a cobbled lane savoring the cosmopolitan delights of a history-rich city… A retirement in Europe is a dream for many folks. And it can easily be a reality. If it’s culture, history, and variety you’re after, Europe has it all, and at a cost much lower than you may think… Over the next few pages we explore the five best low-cost options for enjoying your perfect European retirement.

Lisbon

Three Destinations for Easy Living Near Lisbon, Portugal

For low-cost living with First-World amenities, few countries in Europe can match Portugal. A couple can live comfortably there for as little as $2,200 a month. Throw in a generally mild climate, rich history, and friendly locals, and you have a country that offers a lot. There are plenty of great places to live in Portugal. Here are three I particularly like in and around Lisbon, Portugal’s lovely, historic capital. Just visiting? These are all great day trips from Lisbon, too.

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Europe’s Best-Value Capital City

Portugal’s capital—home to half a million people—is a gracious city, yet also one with an odd, pensive gravity: a world-weariness born perhaps of great age and of empires gained and lost. It’s also an amazingly inexpensive place: arguably the most affordable capital in Western Europe. A couple could live comfortably here for as little as $2,100 a month. If you’re budget-conscious, take heart. Lisbon is a place where you can enjoy a European lifestyle at Latin American prices, with history, romance, astonishing hospitality, and a seaside location to boot.

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Lisbon: Western Europe’s Most Affordable Capital

Lisbon’s faded grace is utterly enchanting. In the old city’s steep, narrow streets, once-grand buildings display worn facades, battered shutters, and laundry hanging from the balcony. Tailors and cobblers ply their services from tiny, bedraggled shops, while the baked-sugar smell of custard and caramel wafts out the doors of ancient pastelarias. And up every steeply sloping street in this hilly city, it seems, labors a groaning trolley car, while far below glitters the River Tejo.

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Recovery: Opportunities in Beaten-Down Europe

In the early and mid-2000s, Europe’s real estate markets embarked on a massive tear. People re-financed, often to buy a vacation home or make a speculative investment in Europe’s sunnier locales. Values rose and rose…until everything stopped. The market imploded and real estate owners found themselves deeply under water. By 2009, with a few exceptions, Europe’s real estate markets had halted. Transactions simply stopped. The gulf between sellers’ expectations and what buyers were willing to pay was so great that there was nowhere for them to meet. Now markets are moving again. And in four countries in particular—Ireland, Portugal, Greece and Spain—I see opportunity today. An added plus is the current strength of the U.S. dollar. At time of writing, your U.S. dollar buys you 24% more euros than it did in March 2014. Now, I’m not a currency guy, and I’m certainly not making a call on future euro-dollar exchange rates, but it makes European opportunities all the more attractive right now.

Lisbon

Enjoy a Low Cost of Living in Portugal

Love Europe but think you can’t afford it? Think again. I recently spent some time in Portugal and was wowed by the low prices. In Portugal, you can enjoy a low cost of living similar to that in Latin America’s more developed countries…with all the benefits of European life thrown in. For instance, you can get a sit-down lunch for about $15. You can grab a sandwich for less than $5 that’s big enough for two…but why bother? As in many Latin countries, lunch is generally a proper meal in Portugal, and you can get two courses, sometimes with beverage, starting from about $10. Or have dinner in a family-style restaurant for just a little more. Like wine with that meal? No problem. You can get a glass of wine in many restaurants for $4 or so…or half a bottle for about $7. Portugal is a wine-producing country, after all, and the local product is good, plentiful, and inexpensive.

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Listening to Fado, the Soul of Lisbon, Portugal

For a second there, I thought he had a crush on me. Then I realized that his entranced gaze was not for me—it was for his guitar and the music he was playing. I was in a fado club deep in the heart of Alfama, Lisbon’s oldest neighborhood. When I was first seated at the small table flanked by two empty chairs, I thought I’d gotten my reservation wrong. Was I only going to get a high-priced dinner? I sat resigned during the first course…a mood that changed to jubilation when the fado musicians walked in, straight to those empty chairs beside me.

Buy Right for Profit and Your Enjoyment on Portugal’s Algarve

Distressed real estate in my favorite European markets is one of the hottest plays on my radar today. In Spain, this crisis opportunity has handed us some tremendous deals. Next door in Portugal, a similar situation is coming together—specifically in the Algarve. As the market price of certain real estate has fallen, the cost to rent that property has dropped by a much smaller percentage.

What $100,000 Buys You in Ireland, Spain, and Portugal

Thanks to Europe’s financial and economic crisis, you’ll find some of the best real estate values in the best parts of Europe right now—and some of the best opportunities to profit. Specifically, the deals are to be found in Ireland, Portugal, and Spain. These places were hit hard by the crisis—and pricings finally reflect that.

Where Can the Freelance Life Take You?

When I was 10 or 11 years old I had a vision that I would grow-up be a freelance writer, and live on top of a hill overlooking the ocean. My vision has come to fruition in Venice Beach, California, for $2,500 a month…St. Thomas in the U.S. Virgin Islands for $800 a month…and most recently in Sesimbra, Portugal, just 30 minutes south of Lisbon, for $400 a month.

Renting a Piece of the Old World

It’s called the “Old World” for a reason, and despite two world wars and decades of development, history is evident in the architecture of Europe. You can stroll cobbled streets where lords and ladies once rushed to galas, climb castle steps in the footsteps of armored knights, and explore villages preserved for 500 years or more.

Portugal

Freedom, Adventure, and the Open Road…At No Expense

Taking tea with Mongolian herders…cycling through Che Guevara’s mountain hideaway…and camel riding in Lawrence of Arabia’s footsteps. I thought such exotic trips were the preserve of the privileged—not for me. But these and many other experiences have been mine…since I’ve discovered the Red Carpet Passport.

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Tango in the Park, Markets on the Street…the Fun is Out There

Over eight years ago, I decided to leave behind the urban jungle of American cities to travel. At the moment, I’m surrounded by the lush green suburbs of Buenos Aires. I’m constantly reminded of Jumanji out here. Thick green, leafy vines have completely taken over property walls and fences, wrapped themselves around tree trunks and flower pots. Palm trees and banana trees rise up like proud flags beside homes and office buildings.

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The Perched Villages of Europe

In medieval Europe, keeping an eye out for and guarding against invasion—a frequent occurrence in those days—was no easy feat. But one of a nobleman’s greatest defensive weapons was a castle perched on a rocky hilltop near an important mountain pass. The location itself—surrounded by steep cliff—offered protection.

48-Hours in Arraiolos, Portugal’s Carpet Town

48-Hours in Arraiolos, Portugal’s Carpet Town

Vivid colors, countless sizes, the smell of clean wool and the sound of clacking needles…at every turn is another gallery or store where local ladies sit stitching their carpets and tapestries. Nestled in the rolling hills of the Alentejo region of Portugal, Arraiolos is a medieval gem where you can observe an ancient art carried on since before the reconquest of the Iberian peninsula from the Moors.

Balance your yearly plan by choosing less expensive countries for part of the year. Five weeks in inexpensive Portugal helped Lynne and Tim Martin afford to spend three months in Paris.

Living Internationally: How to Enjoy a Roving Retirement

Advances in technology have opened up the world. Planes, trains and the Internet are all getting faster and—if you know where to look—you can embrace these changes and make your dream of exploring dozens of overseas destinations come true. Right now, living internationally…

bangkok-thailand

7 Hobbies That Can Fund Your Retirement Overseas

It’s possible to pursue your hobby and bring in some cash before and during retirement. These hobbies can help you to fund your life as a retiree overseas. If you’re dreaming of an apartment in Paris…a beach house in Ecuador…a farmhouse in Italy…and the only thing holding you back is lack of capital…then read on. Your interests can turn into a career that you love…

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5 Weeks in Portugal’s Surfer Paradise

We sold our house, re-homed our furniture, and put the rest in a storage unit over two-and-a-half years ago. We’ve been living internationally in rented apartments and houses ever since, and we have never regretted our decision to spend our retirement years exploring the world. By the time we reached Portugal, our ninth country, we were practically on automatic pilot.

Your adventure, in search of the perfect place to retire, can start somewhere like Belize.

This Is What “International Living” Looks Like…

Not so long ago, only sailors, soldiers and the super wealthy got to see the world. But today, globetrotting isn’t just a job for mariners or the preserve of the jet set. You can cruise to Europe for up to 70% off standard prices if you know how… you can use a host of websites to organize low-cost, luxurious accommodation for a few months—enough time to try a place on for size—before moving on to the next… you can sit on a terrace overlooking the Mediterranean sipping wine in April, and kick back on a beach in English-speaking Belize in May…

These days you don't have to be wealthy, eccentric, or running from the law to retire somewhere like Italy.

World Travel Has Changed for Retirees…

Fifty years ago, if at retirement age you spent a few months in Paris…then moved on to Lisbon for the winter…settled for the spring in Italy…and then steamed down to Panama and Argentina…you were probably either wealthy, eccentric, or running from the law. These days…you’re just a run-of-the-mill vagabond retiree.

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Getting Settled in Good-Value Portugal

I’ve rarely seen such a stunning city…like Istanbul meets San Francisco, with its pastel-colored buildings and the wide river running right under a Golden Gate look-alike and sweeping out to the ocean. My husband Tim and I were in Lisbon, Portugal, on the way to our rented house at the beach in Copa da Caparica. For $1,500 we were set up with a rental for a five-week stay living in this beach town just 15 minutes from the Portuguese capital.

Cascais has strong historic links

Teaching English on Portugal’s Coast

In 1991 Patricia made the move to the town of Cascais, Portugal, just 30 minutes up the coast from Lisbon. Here each day begins with a long, leisurely beach walk, her two poodles at her side. “I never had pets when I lived in the U.S. I was too busy working. But when I first moved here, I noticed that everyone had dogs and birds, and I thought, yes, it’s so full of life. This is what I want.”

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