To make the comparison simple and equal for all countries, the numbers were based on the following factors:
Properties are located in the central areas of the country’s capital, with the exception of Cyprus, where Limassol is the point of reference;
The investment does not involve special options such as those available in Portugal where lower minimums are permissible in less developed regions or for refurbishment.
Malta’s RVP is not included because a real estate investment alone does not qualify the applicant for a residence permit.
Based on the factors above mentioned, and dividing the minimum investment amounts by average sq.m prices, we find that an applicant investing the minimum in a centrally located property can afford the following property sizes:
Estimate the cost of your Portugal Golden Visa Investment here.
In this sense, spending the minimum amount on Residence by Investment, an investor would get a 53% bigger apartment in Athens than he would in Madrid, considering that Greece’s required minimum (250k) is half that of Spain (500k).
The difference becomes significant when we adjust for differences in minimum requirements. If all five programmes had the same minimum (500k) the number of sq.m obtained would be the ones displayed on the second column chart.
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About Portugal Homes
PortugalHomes.com specializes in investments through Real Estate and Golden Visa. We help buyers find the right property overseas, whether it be for Golden Visa, NHR, Investment or simply a place in the sun. Our properties are selected with great thought in mind to give our clients the best opportunities. We offer the complete service from introducing them to the Legal Representatives, Currency Exchange, Mortgage Advisors, Property Management, Rental and Furniture Packages along with making sure all our staff are trained to fully understand the buying process and taxes for every scenario. Portugal Homes provides the complete service to anyone looking to buy a new or resale property overseas for holiday use or as a short or long-term investment.
To find out more, please contact us:
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Portugal Homes has very experienced and knowledgeable professionals working with some of the most established and reputable developers Portugal has to offer. Our vast experience allows us to guide you through the best investment choices.
Whether you want a holiday home or an investment property, we select the best units for your profile and take care of all the process from start to finish. Even after the sale! Our After Sales services assume the responsibility of furnishing your property at your taste, taking care of the property in your absence, managing the rentals if you wish to rent your property when you’re not in Portugal and so much more!
To learn more about the Portuguese Non-Habitual Resident Program and our After Sales services, please fill the form below.
