i am a non-eu citizen , i have received a job offer and moved to Portugal almost 18 months ago.
We are living very close to Porto , around 20 mins away by car. i am 36 and my wife is 35, she is a freelance consultant. Our monthly total income is around 3200eur ./ We have around 60K saving.
We are considering to buy an apartment w 30 year mortgage.The value of the apartment is around 150K , the rent for an apartment like that is around 550 to 700 eur/ Month
i have spoken to my bank and they are giving us the mortgage credit , w ~270 eur monthly payment/ 360 Months
Does it sound like a good investment?
Thank you very much