Portugal
In recent years, there is nothing more gratifying than investing in a market where prices are ever raising, just like Portugal. It boosts the confidence of investors and entrepreneurs, who can cash their assets swiftly and profitably. Portugal has become an immensely attractive and captivating country to invest in and develop new business or buying a property. Investors have a higher likelihood of profit in Portugal than the average in the European and Brazilian markets which offer short-term and traditional long-term rentals. Entrepreneurs can develop real estate projects with remarkable profit, both via sales or by keeping the portfolio of assets and their rents. There is a plethora of attributes that turn Portugal into an unbeatable destination for tourists, retirees, and real estate investors. Among the various reasons for the country’s success, safety, hospitality, climate and low prices are the highlighted ones.
BENEFITS OF REAL ESTATE IN PORTUGAL
- Benefit of paying low taxes
- Moderate climate and weather
- Yields lucrative outcomes
- Low cost flights
- Low cost of living
REAL ESTATE INVESTMENT
- A real estate purchase with a minimum value of EUR 350,000 is required for the refurbishment of properties older than 30 years or in an area of urban regeneration, including the cost of renovations.
- The amount is EUR 280,000 in a low population density area
- The threshold will be reduced by 20% should the funds be committed to a low population density area, defined as less than 100 inhabitants per km² or with a GDP per capita below 75% of the national average.
- Joint acquisition of properties provided that each of the joint owners invest €500,000 or more (for example: 3 investors could make a joint investment of € 1.5M).
- Minimum five years of holding period of real estate
- Shared ownership
- 3-5% rental income opportunity
