Inventory of Portuguese real estate gold investment areas

Many people will choose to buy a house in Portugal, so where are the better houses in Portugal? This must be an issue that people who go abroad are more concerned about. Join me in the real estate column to learn about the inventory of prime real estate investment areas in Portugal. Welcome to read.

1. Southern Tourist Area

There are many wealthy people living here, either for retirement or vacation. There are also some local Chinese, but not many. The most common ones are the capital Lisbon and the Dujiang area (opposite Lisbon) in the blue circle. Generally, it is recommended that investment immigrants buy houses in this Lisbon area.

Once you come to the Chinese district, it will be convenient for your future life. Secondly, the concentration of population is conducive to renting and selling later. There is another city in the north with a relatively large number of Chinese people.

2. Lisbon City

Investment immigrants come here to buy and rent. It is strongly recommended to choose a house in Lisbon City, whether new or old.

First: Lisbon has a population of more than one million, and this urban area is the most concentrated. People who work and do business are here, so housing is easy to rent.

Second: Houses in urban areas are the easiest to sell when you want to sell them in the future!

Third: It is close to the Chinese area. If you need help, you can also rent it to local Chinese. You can be sure that the rent will not be evaded.

Fourth: It cannot be ruled out that this investment immigration policy will lead to an increase in housing prices in urban areas. Therefore, in terms of value preservation, houses in urban areas have the greatest potential.

3. Lisbon’s Chinese district is called the Huohang District

BMW Street is the main street. If you invest and immigrate to this area and buy the properties on both sides of BMW Street, you will definitely make money. A no-compensation deal! Because the demand for rent from Chinese here is high, some stores even come with long-term leases. The tenants are all Chinese wholesalers here, and the rent is never owed. Of course, these stores are not easy to buy.

Where is the best place to buy a house in Portugal?

1. How much property can 500,000 euros buy? How much tax do I need to pay? In response to some investors’ questions about buying property in Portugal, experts who are familiar with the local real estate market said that in some developed cities such as Lisbon, the price of ordinary apartments is generally 1,000 to 1,200 euros/m2, and the price of luxury apartments is 3,000 to 5,000 euros/m2. A small seaside apartment costs 1,000 to 2,000 euros/m2. It is recommended that buyers match this: an apartment near the subway for more than 200,000 euros, and a seaside apartment with sea view for more than 300,000 euros.

2. After the investor’s application is approved, a 1-year visa will be issued for the first time. The applicant must live in Portugal for at least 7 days in the first year after obtaining the investment visa; if it is renewed after 1 year, a 2-year residence permit will be obtained. Visa, after expiration of this 2-year period, renew for another 2 years (referred to as 1+2+2). During these two 2-year periods, you must live for at least 14 days in each two-year period. As long as the above conditions are met, you can obtain a permanent residence visa after 5 years. You can apply for naturalization after 6 years, or you can choose not to naturalize.