Buy property in Portugal

The demand for property in Portugal from foreigners is growing daily. The most popular areas here are the suburb of Lisbon and the province of Algarve – the tourist mecca of the state. These areas attract tourists and investors with their gorgeous beaches, world-famous golf resorts and a famous Formula One circuit.

The southern province of Portugal is famous for its two hundred kilometer coastline and magnificent beaches. Madeira Island in the Atlantic Ocean is also very popular among foreign investors. Here you can buy an apartment for 160-200 thousand euros and a house for 500-800 thousand euros. If you purchase real estate in Portugal for more than 500,000 euros, you automatically become a candidate for a residence permit. You can take a mortgage to purchase real estate with 5-7% annual interest rate.

Before you buy property in Portugal, you should learn all about living in the new country. Portugal is attractive not only for beach vacations and for comfortable living. It is also worthwhile to run a business here. The Portuguese government has a positive attitude towards investments in the country's economy. All types of commercial and residential real estate are available for purchase by any foreigner. Due to the stable economic policy of Portugal, most real estate transactions are profitable and well justify the investment of the initial capital.

Real estate in Portugal is by no means overpriced; it is more affordable than in France, Italy, Spain and other EU countries. To make sure, look at the offers of real estate for sale on our portal. We offer a variety of real estate with an option of further construction. All real estate items are of high quality and are located in picturesque and attractive areas.

It should be noted that the cost of living in Portugal is significantly lower than in other countries. The mild climate helps to save on the property maintenance and management costs. There is no double taxation in the state. One of the reasons why real estate acquisition in Portugal is a safe investment is that Portuguese citizens are friendly and respectful towards foreigners. A simple real estate acquisition procedure in this country makes it possible to settle the paperwork and the transfer of property ownership in one month.