You are not part of the European Union, the European Economic Area, or Switzerland but are willing to make an investment in Portugal and keep it for at least five years? For instance, by buying real estate under the Golden Visa Portugal? Then this article is for you!
But, why should you buy a house in Portugal? Because of the beauty, the mild climate, and the low cost of living? Those were all good points, but there are other reasons to join the Golden Visa Portugal program. For example, to enter the country without a visa, or make an investment, and then apply for the respective residence permit that gives access to a series of benefits for living in the European Union, without having to live permanently in Portugal!
Created by the Portuguese government in 2012 (Law no. 29/2012), the Portuguese Golden Visa is a program that offers investors the possibility of obtaining a special international residence permit after making qualified investments in Portuguese territory. The investment activity under the Golden Visa program can be made personally or through a single-member limited liability company, as long as it leads to the realization of at least one of the types of investment foreseen by law for a minimum period of 5 years. And one of these types of investment is in real estate!
Yes, the most common and safest type of Golden Visa Portugal investment is in real estate. That means buying one or more than one property in Portugal, respecting the rules and the minimum investment amount: 500 thousand euros or 400 thousand euros if the property is in a low population density area. Are you interested? Good, because we are presenting you with some opportunities to get your Golden Card.
Ferragudo Design Villas | Luxury Villas ready to live in
First opportunity to invest under the Golden Visa Portugal regulations? Here it is! A luxury villa with modern architecture that's move-in ready — a private condominium in Ferragudo. This house has three suites, three bathrooms, an American-style kitchen with an island for meal preparation, and an excellent energy rating. The finishings? They guarantee total thermal and acoustic comfort. You can also count on double glass windows, electric shutters, and central locking for the whole house with a single button in the entrance hall. And that's not all! This fabulous villa in Algarve also has a private garden with a wooden deck where a family-sized Jacuzzi, a grilling area, and a sunbathing area are. But, of course, if you prefer you can swim in the shared pool, for adults and children.
In the heart of Portimão | Spectacular loft in old car workshop
Proceeding with our list of opportunities for real estate investment in Algarve, we have to introduce a brand new house! This loft was created in a former car workshop in the city center of Portimão! The area was renovated and now features two bedrooms, three bathrooms, a large work area with high ceilings and huge countertops, a leisure area, a dining area, and a built-in kitchen. All within a very large and bright space, with large windows that allow natural light in, and also a covered terrace for outdoor moments in any season of the year. In this open and modern loft, but also very cozy, some details of the old workshop were kept, and other amenities, such as a fireplace, air conditioning, and central heating, were included. A very stylish house in Portimão, for a cosmopolitan family who wants to meet the demands of modern life!
Prestigious development near Portimão | Villa with pool and garden
If you can invest more than the minimum required in the Golden Visa Program (500 thousand euros), do not miss this opportunity! We are talking about a spectacular villa of high architectural quality in a prestigious urbanization near Portimão. It features three suites, one-bedroom, four bathrooms, basement, integrated kitchen, huge living room with direct connection to the pool area, the barbecue, and the garden with fruit trees and mountain views! This villa in Portimão has the particularity of being suitable for people with movement difficulties, as it allows access by wheelchair to the different floors. This property is ideal for those who want to move to a quality family home near the city, without giving up the peacefulness of the countryside.
Two minutes from Ferragudo | Villa with mountain and river views
Our last suggestion to invest in a property in Algarve is this new villa of traditional architecture, in great condition, with excellent areas and views of the Arade River, Portimão, and Monchique mountains. It is just two minutes from the heart of Ferragudo and five minutes from the beaches and the nearest golf course. This property in Algarve, very suitable for Golden Visa investments, is on top of a hill, near the future Marina of Ferragudo. It has three suites, four bathrooms, office, equipped kitchen, living room with fireplace, basement and garage for two cars. Outside, it has a fabulous swimming pool and an easy-to-maintain Mediterranean garden.
Are you interested in investing in real estate in Algarve and taking full advantage of all the Golden Visa Portugal benefits? Contact us! We have more properties that might interest you!