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Portugal Property Price Increase on Golden Visa Investments
Golden Visa Property Surge in Portugal
A recent report conducted and published by Portugal’s National Institution of Statistics, has shown that, in the third quarter of 2018 alone, the house prices in Portugal had risen by seven-point-six percent when compared to the previous year. In the quarters from two to three of 2018 alone, the house prices in Portugal have experienced growth of one-point-three percent.
An impressive thirty one thousand five hundred and thirty five property transactions have been withnessed in Portugal in the period between July and September of 2018. That is fifteen-point-eight percent more property transactions than in the same period of time in 2017.
The total value of capital that has been generated by these sales is three-point-six billion euros.
Lisbon, the capitol of Portugal, and its surrounding area are responsible for the largest portion of property sales in the country. Lisbon and its surrounding area alone have accounted for thirty four percent of total property transactions in all of Portugal in this period.
Since the economic crisis that hit Portugal back in 2012/2013, the Portuguese market has been steadily growing and getting back on its feet. As a result of this improvement, property prices in Portugal have experienced a significant growth over the past few years.
Since the first quarter of 2013 up until today the prices of property in Portugal have risen by a full fourteen percent and all the market data analisys seem to indicate that there does not seem to be any signs of these rises slowing down either. As of now, the current appreciation rate stands at around four-point-five percent per annum.
The Portuguese Golden Visa program is certainly one of the major factors that contribute for these increases in the property prices. This statement is backed up by the fact that, since the introduction of the Golden Visa program back in October of 2012, Portugal has seen a major boost to its economy.
The Portuguese Golden Visa program remains one of the strongest ones of such nature in the world, and remains extremely popular for those investors who are looking for a flexible residency program in Europe as well as the opportunity to become eligible and apply for citizenship after the six year period.
For more detail on the Portuguese Golden Visa program, please contact us at PropertyLisbon.com
350.000 Golden Visa Properties
Lisbon Golden Visa Apartments
Portugal Golden Visa Go through
Reduced Citizenship Investment Option and its many Benefits
Since its introduction in 2012, the Portuguese Golden Visa program has been steadily rising in popularity and is considered by many to be one of the best residency programs in the world.
Nearly three and a half billion euros has been invested in the country in less than six years since the begining of the program, and the effects are visible everywhere. Perhaps nowhere can be a better example than Lisbon. Lisbon is a cosmopolitan metropolis, the capitol of Portugal, and possesses a rich history.
It has undergone a series of constructions, restorations, and regenerations, while its landscape still maintains its unique history, culture, and architectural integrity. All of Portugal’s major cities have undergone extensive renovation, updating quality of life systems such as plumbing, electrics, and windows, but without changing the exterior facades, thus preserving the traditional aesthetics.
The key distinguishing feature of the Golden Visa program from others like it, is the focus on maintaining the architectural beauty and history of Portugal’s major cities.
Reduced investment option at €350,000
Where the traditional Golden Visa program requires an investment of €500,000(65A-c), the reduced investment option stipulates that a Golden Visa can be issued to those investing as little as €350,000(65A-d), provided that the investment is made in a property slated for renovation, more than 30 years old, or located in a designated area of urban rehabilitation. The introduction of this option at the end of 2015 demonstrates the importance the government places on rehabilitation. The rules and laws surrounding property renovation can be rigid, and making sure that the required conditions are met can be a challenging and tedious process. In spite of that, the interest in the area in increasing with each passing day, and the reasons for it are clear. The potential for capital gain, especially due to the location and the style of the properties, is obviously very high. Additionally, it is important to note that the minimum investment requirement includes the cost of renovation, not just the value of the property itself.
Golden Visa applications on the rise
Since the first 65A-d Golden Visa was issued in July 2016, in just eighteen months the number has grown exponentially, surpassing one hundred 65A-d category Golden Visas issued. With over five thousand hundred total Golden Visas issued to date, category 65A-d visas comprised only 0.39% of the total number of Golden Visas issued by the Portuguese authorities by February 2017. However, in just one year, this ratio has grown more than five-fold, rising to 2.05%. The legislation is obviously still in its infancy, however, the trend is clear. Due to the advantages of the program, both for investors and for Portugal’s urban rehabilitation goals, the trend of upward growth is expected to continue for the foreseeable future.
Portugal Golden Visa Property Investment
Property Lisbon Golden Visa Apartments
Bright 2 bedroom apartment in Marquês de Pombal Bright 2 bedroom apartment in Marquês de Pombal on a recently refurbished building. Spacious apartment of 120 m2 fully renovated, located in a very central location, 3 minutes away from the highway. Enjoy the Liberty Avenue lifestyle, with some of the best shops and restaurants in Lisbon.
2 bedroom apartments Lisbon 500,000 Golden visa with rental guarantee This development is not yet online and has already started receiving reservations so, please take a look and let us know if you would like to arrange a viewing or reserve an apartment here before you come over to view. It is unusual to find […]
Whole building renovation suitable for the 350,000 Golden visa Portugal This development is not yet online and has already started receiving reservations so, please take a look and let us know if you would like to arrange a viewing or reserve an apartment here before you come over to view. It is unusual to find […]
7 Bed Building suitable for multiple 350,000 Golden visas Portugal Right off Liberdade, find a traditional late 19th century bulding for complete refurbishment with original tile facade. 5 floors, on total 492 sqm construction area, comprising a garage on the ground floor, a 2 bedroom apartment with garden on the 1st, 2nd and 3rd floors […]
Amazing duplex apartment located at Luciano Cordeiro street, 5 minutes away from Avenida de Liberdade and Saldanha. The bright and airy apartment comprises of 4 spacious bedrooms and have the benefit of 3 bathroom, one of which 2 are on-suite, with a total living area of 154 sqm. This will make a fabulous home or […]
Amazing apartment located at Luciano Cordeiro street, 5 minutes away from Avenida de Liberdade and Saldanha. The bright and airy apartment comprises of 3 spacious bedrooms and have the benefit of 2 bathroom, one of which is on-suite, with a total living area of 109 sqm. This will make a fabulous home or a sound […]
Silver Coast Golden Visa
Golden Visa – Invest in Portugal’s Silver Coast
It should come as no surprise that most of the international investors in Portugal are focusing most of their attention to major Portuguese cities such as Lisbon and Porto. This, however, results in many Portuguese hidden gems for lucrative property investment being overlooked. The stunning Silver Coast region of Portugal is one such example.
The Silver Coast region is no farther than thirty five to forty five minutes away from Lisbon, the Portugal’s capitol. It is an outstanding area full of stunning landscapes and government-protected natural beauty, such as golden sandy beaches and crystal clear ocean waters spreading all the way along the coastline.
In addition to a number of charming and traditional Portuguese towns, the region is also home to five Gold and Beach Resorts that have won numerous awards for their quality. These resorts are equipped with a number of luxury properties that have been attracting many high profile owners and celebrities to this particular region of Portugal over many years.
The historic town of Lourinha can also be found in this part of Portugal, nestled between two of the most popular Golf resorts in this region.
It is this historic town that the Jurassic dinosaur remains have recently been discovered in. This has led to Portuguese government developing plans for building a new Jurassic era-themed amusement park in Lourinha, in hopes to further boost tourism in this area. The new amusement park is predicted to attract additional two hundred thousand new visitors to the region each year.
All of these factors combined make the Silver Coast of Portugal a great prospect for investors who seek to achieve profitable rental returns on property investment in this region.
For all these reasons, Property Lisbon has compiled a number of different properties located along the Portuguese Silver coast, to offer to our prospective investors and clients. A great number of these property investment opportunities also come with a five percent guaranteed rental return per year over the following three year period.
Additionally, Property Lisbon investment package in any of these properties also includes up to six months of personal usage for the owner each year. For those looking for both a lucrative rental property and a nice holiday home in Portugal, this is more than a perfect opportunity.
It is also worth mentioning that property prices in this region are extremely competitive, especially in comparison to Lisbon. A square meter on the Silver Coast costs an average €2,500, while in Lisbon the prices of a square meter start at €5,000 and continue on upwards. This is yet another reason for savvy investors to start considering Silver Coast as their next “go-to” region for property investment in Portugal.
For more information on this topic, Golden Visa, and property investment options in Portugal, contact us at PropertyLisbon.com and our team of experts will happily answer all your questions.
Lisbon Golden Visa Properties
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Golden Visa – Invest in Portugal’s Silver Coast It should come as no surprise that most of the international investors in Portugal are focusing most of their attention to major Portuguese cities such as Lisbon
Property Lisbon Who are we? If you are looking to buy a beautiful family home, a Lisbon property investment, or a buy-to-let, Property Lisbon is here to offer you assistance and our years of experience in the property market of Portugal. Our team of experts will work alongside you every step of the way and make