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Old 01-02-2008, 04:06 PM
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omostra06 omostra06 is offline
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Join Date: Jan 2007
Location: Tomar, Central Portugal
Posts: 108
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Yes Kimbal, there are some good opportunities to be had in the area between Tomar and Coimbra, some lovely villages with great properties just crying out to be renovated. In these areas its still possible to buy little stone cottages with land for less than 20,000 euros, but equally there are some restored and enlarged properties in these areas that sell for over 200,000 euros, depending on what the owners have spent then that looks like a nice return on investment.
We often get to see property before and after, ruins transformed into lovely houses, its a great place for anyone that has ever dreamed of being a property developer, you could buy a portfolio of properties to renovate and sell on, and still get change from 100,000 euros. Not a lot of money to take the chance of making more with, in my opinion I would rather buy 10 little cottages to renovate and restore than ONE plot of land on the silver coast for the SAME money!! much more fun!!
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