How many square meters of property do Residence Programmes buy you in Europe?

  • Home >
  • News >
  • How many square meters of property do Residence Programmes buy you in Europe?

How many square meters of property do Residence Programmes buy you in Europe?
Reading time: 3 minutes
Published: 3rd December 2019, 6:38pm

Portugal, Spain, Greece, Cyprus and Latvia’s Residence by Investment programmes are based on real-estate investment, ranging from 250.000€ to 500.000€ 

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.

source: numbeo.com


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.

Related topics: 

Graphic

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 VisaNHR, 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 RepresentativesCurrency ExchangeMortgage AdvisorsProperty ManagementRental 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:
  • Phone: +351 213 471 603
  • E-Mail: info@portugalhomes.com
3rd December 2019
Known as the Algarve of the north, the Silver Coast is an alternative…
29th November 2019
In all, Portugal won 12 awards from the World Travel Awards. Amongst them…

Buying Property in Portugal

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.

My property advisor, Mathew McGurn, was truly excellent! His knowledge, professionalism and attention to details was much appreciated. He worked hard to not only find a property that fit all my requirements, he negotiated successfully with agents making sure my offer won over other buyers bidding for the same property. In addition, his communication skills, prompt response time and general help with my getting settled in Portugal went above and beyond the normal.

Investor from the USA

Dear Sérgio, thank you so much for arranging our 1º Esquerdo place. We love our place, and your attention to detail is very much appreciated. 

Tim Thronson - Investor from the USA

A full service, one stop opportunity. Very easy for us a foreigners. Ryan Dunn went above and beyond for us. We appreciate him and his work!

Jose Arias - Investor from the USA

Everyone I met with and spoke with has been extremely knowledgeable and professional. Dealing with native English speakers who understand things from my perspective was very reassuring. Finally, knowing that I had Matthew in my corner gave me the confidence to proceed with the process of buying an apartment in Lisbon. Thanks very much.

Investor from the USA

So far it has been great. Simon is very knowledgeable and friendly.

Loay El Abiad - Investor from Saudi Arabia

It's fantastic how Ryan had complete knowledge regarding Lisbon and dealt with us in a great manner.

Akbar Ali - Investor from Pakistan