The Portuguese Golden Visa Program for residence by investment is considered one of the best in the world. The best choice is the most economic option, the 280k investment. The 280k investment comprises the rehabilitation of real estate in low-density areas. In this article, we will introduce you to the definition of low-density areas in Portugal as well as the best regions for investing for the golden visa program. Please contact us if you have any questions about the low-density areas or the program itself!
Low-density areas are determined by the so-called NUTS 3 regions. It defines them as areas which have less than 100 inhabitants per km2 or a GDP per capita of less than 75% of the national average.
Low-density areas are not the same as interior regions, which are valid from 2022 on.
The definition of low density applies basically to all inland regions of Portugal and some coastal areas (Silvercoast & West Algarve). These areas change constantly and must be checked at SEF every 6 months. The inland regions eligible for Golden Visa in Portugal are defined in Portaria nº 208/2017 July 13, and determine the type of investment to be made: residential or non-residential.
The Golden Visa Portugal 280k investment option is called restoration and renovation, both as a real estate investment option and in practical terms.
Why? Because though similar to the 350k investment option, it has a 20% reduction for investments in low-density regions, and these regions can benefit from urban and social development.
For those who wish to invest in low-density areas, these are some of the best regions: Alentejo, Douro Valley, and Algarve.
They all offer low and competitive prices, ideal if you wish to retire or invest in tourism.
A great part of the real estate growth and investment around here can be explained by analyzing tourist behavior. For example, during the pandemic, we registered more corporate bookings of businesspeople working remotely. This means there are some who prefer to work from Portugal for a few months, given our great quality of life.
List of Low density regions
Sign up for our newsletter and don’t miss the latest news and offers!