There are three options choices of investment for Portugal Golden Visa eligibility, it can be made through real estate investments, secondly through capital investment, or by creating at least ten job opportunities for Portuguese nationals. The most sought-after Golden Visa option by avid investors will be real estate investment for EU-residency through the Golden Visa programme, which is broken down into two investment values, at €350,000, and €500,000.
In this article we will discuss in-depth Portugal Golden Visa property investments of €350K, which real estate licensing types are eligible according to their location in the country, along with key details that are important when investing in a €350,000 Golden Visa.
In this golden visa investment acquisition level, the real estate purchase amount of €350,000; must be made on a rehabilitation property of more than 30 years old; and the total cost of the property and rehabilitation project must reach the 350K amount minimum threshold. Most importantly, the location of the investment property is key knowledge in order for clients to be abreast of the Portugal Golden Visa eligibility and guidelines. The Golden Visa regulations as of January 1st, 2022, states that all real estate property purchased for investment through the golden visa programme must be situated within two regions, high- & low-density regions, which can only be eligible under specific property licensing types.
Low-density regions refer to rural areas in the interior of Portugal, where commercial, residential, and touristic property licensing is applicable. Lastly, high-density locations refer to highly populated locations in Portugal along the coastline* of the country, where eligible property licensing for the Portugal Golden Visa is commercial and touristic. *Lisbon, Setúbal, Santarém, Leiria, Coimbra, Aveiro, Viseu, Porto, Braga, Viana do Castelo and Faro.
With an investment mindset, selecting properties under commercial and touristic property licensing in a high-density region will be more beneficial to an avid investor. As the investor has a higher potential for a greater yield, and a good investment exit strategy, due to the property’s prime location.
In the €350K golden visa venture, an investor may hold concerns on the rehabilitation process, but this is exactly where Portugal Homes very own Project Development & Construction department comes into play. Our company offers construction services catered to Golden Visa clients, with a sole focus on accomplishing all the essential requirements for a successful investment.
For the €350K Golden Visa Portugal investment, one of the most critical requirements will be based upon the selected estate in Portugal in either a high or low-density location that must be a rehabilitation property of over 30 years old.
Additionally, the rehabilitation project must include a property renovation contract (works contract), along with a submission with proof of property acquisition; and a minimum investment of €350,000 to cover construction and property costs.
The investor must keep the real estate investment for six years (the period of the golden visa application process) and stay in the country for fourteen days minimum, either consecutively or intermittently every two years for the mandatory biometrics visa renewal.
The investment funds must come from outside of Portugal, and the applicant’s (and applicant family if included) must present a valid document for legal entry and stay in Portugal, along with a clean criminal record; and no affiliation/application with the Portuguese Immigration (Serviço de Estrangeiros e Fronteiras - SEF) and Schengen services.
Foreign citizens looking for European residency as a family unit can take advantage of the fantastic real estate investments with the Portugal Golden Visa programme. An applicant with a spouse, dependant child, or adopted child (underage), dependent young adult in studies (over 18 years), dependant parents of applicant or spouse, or dependent young sibling (guardianship) is eligible to include their family.
The Golden Visa Portugal offers top investment key factors such as immediate profit, guaranteed rental income opportunities, and favourable tax jurisdiction for financially conscious, and high-net-worth investors. The Portuguese Real Estate Market is highly attractive to non-EU citizens, through residential, touristic, and commercial property investments. Through the €350K Portugal Golden Visa investment option applicants are eligible for the following alluring advantages: Earn EU-Residency , Live, Work & Study , Travel Free in Schengen , and recognized as the Best Golden Visa in Europe
Portugal Homes has unique property construction developments, fully designed specifically for clientele seeking Golden Visa investments. Our property listings are fully eligible under the January 2022 guidelines; moreover, the available listings are situated in prime locations of Portugal. We have on feature commercial and touristic listings located in Lisbon and the Algarve, with prospects in the future of developments in Porto, all deemed as prime locations of Portugal, which ultimately offer investors a greater opportunity for a high return on investment.
The Co-Working space also features amenities such as a gymnasium, locker room, games room, private parking, and a street level coffeeshop available to fellow members and passers-by. Clients and investors have the option of two investment values at €350,000 Golden Visa with investment of 1/50th of the building, 4% guaranteed Net Return, and guaranteed buyback or an investment of €500,000 Golden Visa with investment of 1/50th of the building, 6.7% guaranteed return, and guaranteed buyback. This investment opportunity is currently accepting reservations, do not miss on this fantastic €350K Golden Visa listing in the heart of Lisbon!
The property renovations are currently underway and almost complete, featuring dual entry points to both commercial units, two bath, and one of units include a kitchen area, making a perfect guaranteed rental opportunity for an office or boutique shop. Investment details for Marvila commercial units with guaranteed yield of 5% for three years; and an investment yield based on the total price of €350,000 and is NET of any condominium costs and utility fees on the property.
Applicants must be over the age of 18; and of non-EU citizenship; the investment funds of 350K must come from outside of Portugal, along with a clean criminal record; and the applicant must keep the investment for six years, with periodic stays in the country (14 days minimum every two years, before the visa renovation).
The most desired areas in Portugal for real estate investment through the Golden Visa programme, for an investment of €350K or €500K are in Lisbon, Porto, and the Algarve. Keep note; there are locale restrictions under residential property for visa-eligibility, as only residential properties in low-density regions are eligible for Golden Visa.
Clients are free to select a property that is Golden Visa eligible in a low or high-density locations; however, you must take into consideration which kind or property licensing is associated. Commercial and Touristic property is golden visa eligible in a high-density location, areas such as the Algarve, Lisbon and Porto. While in a low-density location, Golden Visa-eligible properties will be under a residential, commercial and touristic licensing.
The difference between each property licensing is more relevant for a non-EU national seeking a Portugal Golden Visa investment, as residential properties are no longer Golden-Visa eligible in *key coastal areas of the country. For instance, a client seeking to obtain a Golden Visa residential listing in Lisbon, would no longer apply, but it will under a touristic or commercial property licence.
In the Portugal Golden Visa programme, non-EU nationals interested in obtaining residential golden visa property is strictly available in low-density regions, only in interior areas of the country as the programme regulations state (January 1st, 2022, Golden Visa Legislation).
*Key Coastal Areas: Lisbon, Setúbal, Santarém, Leiria, Coimbra, Aveiro, Viseu, Porto, Braga, Viana do Castelo and Faro.
A touristic property license applies to real estate used for hotels, or services apartments, managed by one entity for maintenance and touristic services in the building at hand. From a Golden Visa standpoint, the investor has a freehold of the unit invested and can sell the property at any time after the six-year Golden Visa process.
Whether it is a €350K or €500K real estate investment through the Portugal Golden Visa programme, the property licensing will have to be touristic or commercial in a high-density city centre such as Porto, Coimbra, or even Lisbon. Feel free to see our extended article on the eligible locations for Golden Visa investments, here.
Portugal Homes recommends holding around 6 % to 8% above the investment budget as purchasing real estate in Portugal has your usual property taxing, stamp duties, and fees which are part of the Portuguese Property Transfer Tax (IMT). Applicants will also require paying government fees during the application process, including any additional family inclusions (dependant family members).
There is a Stamp Duty at a fixed price at .80% of the property purchase price, which payment will be made before the deed transfer, and finally, an application renewal fee of 539.66 per applicant (should the primary applicant have dependants) that applies every two-years during the update of your biometrics in Portugal over the investment period of six-years.
Our CEOs and Investment directors suggest that now is the best time to invest in property through the visa programme, taking advantage of remarkable investment opportunities such as our 350K Portugal Golden Visa Lisbon Co-Working space; get in touch with Portugal Homes today!
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.
Thanks to Andreia Leite for the comprehensive and timely updates on the construction progress of the new development we purchased!Investor from the USA
Very helpful. Work with his heart. Mark is a very nice advisor.Investor from Morocco
Everything was perfect. I got all answers about my questions.Investor from Turkey
Ryan was an excellent real estate agent, he really steered me in the right direction based on what I said was important to me. Living in another country, I wasn't as familiar with the city as he is. Where I thought I wanted to live and what I truly wanted were not the same. He took the time to listen and figure out the best spot for me, and we are very happy with it - far more than we would have been elsewhere.Investor from the USA
The overall experience was great from follow up to After Sales. I would like to give special thanks to Mr. Simon, Ms. Francisca and Ms. Mariana.Investor from UAE
George Hobson is a pleasant young man, came across as knowledgeable, experienced, hardworking, honest & disciplined; I felt very comfortable in easily making my investment.Investor from UAE