According to SEF figures, the Golden Visa Portugal raised €553 million in August 2019. Since the program began in 2012, foreign investors have pumped €4.3 billion into it, obtaining Portuguese citizenship not only for them but also for their dependents.
Eurostat numbers (Official Institute of Statistics of the European Union) indicate that Portuguese property prices rose by 9.2% in the first quarter of the year, the biggest gain in the euro region and the sharpest increase in the EU after Hungary and the Czech Republic.
Portugal is the most competitive property market in Western Europe due to tax incentives for foreign buyers and the golden visa program, which promises Portuguese citizenship in exchange for a minimum investment of €500,000.
See our Golden Visa options and which one best suits your needs here.
Portugal has gone through a great recession period between 2007-2009, but since 2010 it has seen an increase of housing prices. Despite that, prices of portuguese real estate remain one of the lowest amongst western European capitals, as we can see on the graphic below.
Portugal’s way out of the crisis was to attract foreign investment, and now “Lisbon has never been better in terms of the restoration of its buildings,” said Francisco Bethencourt. Thus the cobbled streets and hilltop palaces are being rebuilt, properties are being turned into new hotels, short-term rental apartments and retail stores. In this sense, Portuguese economy has seen a boost thanks to investment in real estate and tourism sector, which the country keeps beating record with.
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:
Phone: +351 213 471 603
E-Mail: info@portugalhomes.com
A Portugal Homes possui profissionais muito experientes e conhecedores, que trabalham com alguns dos promotores mais reconhecidos em Portugal . A nossa vasta experiência permite-nos guiá-lo pelas melhores opções de investimento.
Seja casa de férias ou uma propriedade para investimento, selecionamos as melhores propriedades para o seu perfil e tratamos de todo o processo do início ao fim. Mesmo após a venda! Os nossos serviços de pós-venda assumem a responsabilidade de mobilar a seu gosto, manter a propriedade na sua ausência, dar apoio ao arrendamento, no caso de querer arrendar e muito mais!
Para saber mais sobre Residentes Não Habituais em Portugal e sobre os nossos serviços pós-venda, preencha o formulário abaixo.
