Portugal offers a wide range of visa options for non Eu-citizens and is a pioneer in Europe in modern immigration. One of the most popular options is the so-called golden visa Portugal. The program was changed in 2022 and many investors are now orienting themselves where and how to invest in real estate that meets the program’s requirements but also gives lucrative returns during the minimum investment period.
The purchase of a habitational real estate in Portugal of at least 280.000 EUR will be valid for the program if it is in the Autonomous Regions of the Azores and Madeira or in the interior regions. You can also verify the areas of low-density on our site. You can still invest in service real estate (hotels, offices, restaurants etc.) in the cities or the coastal regions after 2021.
The real estate market in Portugal is considered one of the most attractive markets in Europe because of its excellent price structure, growth rate and return opportunities.
If you consider buy a “golden visa package” you should get an independent lawyer and analyze the actual contract (not the marketing flyers) with respect to important key questions:
In general we recommend purchasing a property out of the normal market which offers more than 500.000 estates each day and you can benefit from the advantages listed above. Idealista is a great platform but only shows a small part of the overall market as you have to pay to publish on the platform as a professional broker.
The following suggestions are for mere investors that do not want to live in the properties themselves but want to optimize their investment in terms of value appreciation, returns, resell timing.
Buying holiday houses: Buy an old house eligible for the renovation route 280k or buy a house for 400k and more without renovation in Geres, Douro Valley, Alcacar do Sal, or Aljezur. In Aljezur the 400k is more reasonable in comparison the the local market prices.
Buying holiday apartments: Invest in two holiday apartments with a service license at the Algarve for a total 400k. You can also purchase an apartment for around 220k and then invest 60k for a 280k investment route. There are many touristic complexes at the Algarve that fulfill the requirements for the golden visa investment in non-residential properties.
Buying normal apartments: Due to the lack of housing especially in the middle tier cities you can invest in normal residential apartments and rent them either to tourists or locals. There are many cities like Vila Real, Chaves, Braganca, Castelo Branco etc that offer a good renting market and fast resale periods.
Buying offices: In Porto, Lisbon, and Braga there is a strong demand for good located offices. You can buy 3-5 office the the cities and invest a total of 500k being eligible for the golden visa.
If you have any questions about the information or if you like to use pur buyer’s agent service to find the fight property for you in Portugal, please contact us!
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