Portugal Renovation Costs HIGHER Than You Expect

Summary

The transcript discusses an expat's search for a multi-unit property in Porto, Portugal, focusing on finding a historical building that can be renovated for a group of families to share. The key considerations include thermal and noise insulation, plumbing, electrical work, maintaining historical charm, and staying within a budget of 3,000 euros per square meter. After a property walkthrough and consultation with an architect, the group was unexpectedly surprised by another offer on the property, highlighting the complexity and competitiveness of the local real estate market.