The Portuguese real estate market continues to live its best years, as even with the constant rise in property prices, the sector is still fueled by national, but especially foreign investment - into the Portugal Golden Visa and Non-Habitual Residency schemes. This is thanks to Portugal being an amazing sun-flooded country, and also the real estate here having the lowest prices, compared to the prices practiced in cities such as London and Paris.
The Portuguese Golden Visa program was launched in 2012 to reinforce the Portuguese economy and the purpose was not only for the real estate sector, but the truth is that more than 90% of the investments fell on the real estate market - see graphic below -, and demand rose significantly in central areas.
With that in mind, our company decided to fully dedicate its time into the premium areas of Portugal, intermediating houses for both sale and purchase, in the areas of Lisbon, Porto and the Algarve. If you’re looking to sell your property, we can assure you that we have a wide client base highly interested in these central areas, and your property is going to be sold in a short matter of time!
As Portugal Homes also has a strong presence selling properties in the areas of Lisbon, Porto and the Algarve, in which more and more ex-pat communities are being created, as an investor you can be sure that you’ll want to invest in more than one property. Our teams focus on the houses that will give you the best return of your investment, and the ones that better serve your interests. Check our available properties in each area below.
In the past few years, the top foreign investors in Portugal have come from China, Brazil, Turkey, South Africa, and Russia, but there’s also been a very healthy increase in citizens from France, Italy, United Kingdom, as well as from Venezuela, Bangladesh, Nepal, and India. Since the program began, they have pumped over €5 million into it, obtaining Portuguese citizenship not only for them, but also for their families - learn more about moving into Portugal with your family here.
Portugal Homes’ efforts to bring these international clients in has been constant and recognized internationally. Catarina Távora, our Digital Marketing Manager, guides you through the reasons why Portugal Homes’ deserved to be internationally recognized. Hear about the reasons here:
As mentioned, Portugal is the most competitive property market in Western Europe due to tax breaks and the Portugal Golden Visa, but the history, the architecture, the charm of the Portuguese buildings, the sun, the sea and the amazing food are also valid and strong reasons that welcome investors. Also being a safe and considered the best place to retire in, more and more pensioners are choosing Portugal to live the rest of their lives in.
Being a highly attractive scheme, the Government has issued some changes to the Portuguese Golden Visa program, highlighting investment in rural areas. The changes, which will have an adjustment period before taking effect, aiming to bring a fair amount of capital in low-density areas, in order to better develop the cities. Learn more about getting Portuguese citizenship through investing in rural areas here.
The interest in these cities is emphasized by established investors, for whom these regions are starting to look more promising. See here what to consider when investing in low-density regions.
Portugal is also nurturing a culture of innovation that opens doors to the country’s digital transformation. More and more businesses are being established in the country because there is a higher value-for-money for developments. As a result, investors realize that there are still several types of real estate investments available in sectors such as Hotels, Residential and Retail.
If you’re looking to invest in these sectors, you will definitely want to consider getting the return of your investment. How much profit a building generates depends on its size, income and how much money you have invested in the property. This is why Portugal Homes can provide you with customized market reports, so you can make the best decision possible.
Property management will also be an intensive process if the property has more than four units, so you might want to consider hiring an After Sales Service. Contact Mariana Vieira and get updates on your property even while you’re overseas.
Although the Golden Visa changes haven’t been implemented yet, industry watchers say that buying a property in Portugal now can yield a lot of advantages to you, as an investor. It would be wise to make use of the Golden Visa program in central areas until the end of 2020. Get in touch with us now, and we’ll help you choose the right property for your Golden Visa needs!
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