Expat Community > Portugal

Maineniac
Joined 2016
Posts: 9

Monte da Palhagueira Village

8 years ago

USA couple sick and tired of all the racism and violence in our country. Like most people planning retirement, we are looking for the perfect retirement location. My wife (of 38 years) and I have just started researching about retiring in The Algarve region. I have gathered a tremendous amount of good information from people in this forum. The more we read the more excited and anxious we get about retiring in The Algarve.

We are currently caregivers for my in-laws in their late 80s and they reside with us. So retirement will have to wait until our commitment to them is over. So it may be in a year or five years before we can make the move.

One topic I do need information on is a place called Monte da Palhagueira Village. We have read the info on their website and also various articles in European magazines and newspapers. If we can afford it (and we believe we can) this place sounds ideal for us. But it sounds too good to be true. We truly don't understand the "loan and accommodation agreement" concept of buying property (or is it renting). It says the loan is refundable with one year's notice. What?! How do they make a profit besides the 4.75% loan retention?

Don't want anyone to get the wrong impression about the comment that we are sick and tired of living in our country. We love it and will lay our lives down for it. We are both retired from the military and I am a disabled veteran. Not combat related, just lost 80% of my hearing and knee problems. However, me being a "person of color" I have experience my share of discrimination and racism in my lifetime. Just wanted to clear that up.

Please, any info on Monte da Palhagueira Village would be greatly appreciated. Especially from someone living there.

AGS Worldwide Movers

AGS Worldwide Movers can move you to and from anywhere in the world.
Get Quote

AGS Worldwide Movers

AGS Worldwide Movers can move you to and from anywhere in the world.
Get Quote

Living in Portugal Guide

Our Living in Portugal Guide is a primer on everything about living in Portugal: best places to live, cost of living, pros and cons, healthcare and insurance, obtaining a driver's license, how to bring your pet with you and more.

Portugal Forum
Join our Portugal forum to meet other expats and talk about living in Portugal.

Contribute
Help other expats and newcomers by answering questions about the challenges and adventures of living in Portugal.

Best Places to Live in Portugal

If you're thinking about living in Portugal, here are the 15 Best Places to Live in Portugal in 2023.

Healthcare in Portugal

Expats in Portugal with a residency visa can participate in the national health care system. Here's what you need to know about the SNS and the combination of public and private services you'll need to manage your health in Portugal.

Cost of Living in Portugal

Expats offer insight into the cost of living in Portugal.

Moving to Portugal Guide

Expats moving to Portugal are drawn by a variety of places to live, a rich history and so much more. Here are some tips on what it means to move there, and how to make it happen.

Real Estate in Portugal

Real estate listings in popular cities and towns in Portugal.

Pros & Cons of Living in Portugal

Take off your rose-colored glasses and learn what expats have to say about the biggest challenges and the greatest rewards of living in Portugal.

Retiring in Portugal

Advice for people retiring in Portugal.

Portugal Visa & Residency Guide

Thanks to Susan Stults Korthase for this helpful overview of current requirements to begin the process of obtaining a Residency Visa when moving from the US to Portugal.

10 Tips for Living in Portugal

If you've recently arrived in Portugal, here are 10 tips for digital nomads living in Portugal.

Additional Information:

Visit our Portugal Index for a Full List

AGS Worldwide Movers

AGS Worldwide Movers can move you to and from anywhere in the world.
Get Quote

AGS Worldwide Movers

AGS Worldwide Movers can move you to and from anywhere in the world.
Get Quote

Contribute
Help others in Portugal by answering questions about the challenges and adventures of living in Portugal.

Login

Or, Send Login Link

Expat Community > Portugal

Monte da Palhagueira Village

Login