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This time I talked to Sam Menda, from Lisbon, Portugal.  Sam is Founder of See Real Estate and prior to founding Seed, Sam had been working for 17 years in the film and advertisement industry for some of the biggest brands in the world.

He then founded Seed Real Estate with his best friend Eden at the beginning of 2021.  Being Turkish, Israeli, and Portuguese, Sam knows the importance of being international in this digital world. Thus it was one of the main goals of the company to create an international team that can give an A-to-Z service to sellers, buyers, and investors from all around the world.  Seed Real Estate has therefore a purely international DNA. Seed offers a client-focused and transparent service that revolutionises the traditional real estate agency model in Portugal.

0:00:12 Introduction 00:01:28 About Sam Menda and his film, TV, and movie career

00:05:00 Jumping into Real Estate

00:06:00 Motivation about why to start their own Agency and the culture of Seed Real Estate

00:10:40 License when setting up a your own Real Estate Agency

00:12:00 About obtaining inventory as a Real Estate Agency and exclusivity of listings

00:14:00 About real estate commissions and off-market listings in Portugal

00:17:08 About the Lisbon Real Estate Market and living in Lisbon in general

00:20:20 Real Estate Prices in Lisbon in comparison to other European capitals and cities

00:23:30 About the new Laws of the Golden Visa for Real Estate in Portugal

00:27:20 About new laws regarding abandoned buildings in Lisbon

00:30:10 Interesting neighborhoods with buying opportunities in Lisbon

00:35:00 About market implications regarding fixed vs variable mortgage interest rates

00:36:30 About licenses for short term rentals in Lisbon

00:38:30 Seed Real Estate´s approach to business and to culture

00:44:00 About Seed Real Estate Service Offerings, its network, international approach, and partners

00:52:15 Demographics of real estate buyers in Portugal and Lisbon

00:53:15 Buying real estate online and remotely without travelling to Lisbon, Portugal

00:54:00 Due Diligence process of Seed Real Estate of listings and financial projection services and tax advisory for real estate buyers

00:59:30 About the real estate buying process in Portugal and money transfer

01:03:00 Open Houses by Seed Real Estate in Lisbon

01:05:40 Conclusion

Sam, thank you very much for your time and this very insightful interview! I really enjoyed the conversation!

I hope this interview is insightful for both real estate agents and real estate investors looking to buy in Portugal.

You can reach out to Sam via: Sam@seedrealestate.pt https://www.seedrealestate.pt/