A family left the US and bought a 400-year-old apartment in Portugal…

A family left the US and bought a 400-year-old apartment in Portugal…


Retiring early and buying a dream home in Portugal — a country known for its warm climate, stunning coastline, and rich history and culture — can be a good start the next chapter of your life.

2015, Alex Triasa retired attorney who lived near Washington DC did just that, according to a Story he shared on CNBC.

While vacationing in Lisbon, Trias and his family fell in love with the city and decided to settle down, he wrote. The former lawyer was 40 years old when he took early retirement. At the time, he was financially stable, having an investment portfolio that paid enough dividends to survive, he explained.

Also read: Self-Made Millionaire Gives Gen Z Wealth Building Advice: ‘Don’t Try To Be 40 Before You’re 40’

“The search ended up with a 1,300 square meter two bedroom apartment in Bairro Alto, a neighborhood known for its great nightlife. As I was leaving the place, I noticed a tile on the wall with an engraved quote from Fernando Pessoa, a Portuguese poet, which read, ‘I don’t know what tomorrow will bring,'” Trias recalled.

“Those words felt like an invitation to welcome me and my family with open arms to a new adventure,” he wrote.

Trias said he bought the 400-year-old home in Portugal for $533,554, excluding taxes and agent commissions.

“We have transferred the first 10% deposit to the owner. Then we took out a new loan for our house in Washington, DC, which made us $600,000 and paid cash for the rest of the apartment in Lisbon. We kept our home in the US fully furnished and rented it out to subsidize our housing costs in both countries,” he wrote.

“Within the 400 year old building are common areas covered in historic blue and white tiles that are 100 years old. When you enter our apartment, you can immediately see why our building survived the great Lisbon earthquake of 1755,” he added.

According to Trias, the family has obtained dual Portuguese citizenship and has no plans to…


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