As on the onset of 2020, Portugal residents have noticed a large escalation of prices on housing. Historically, it is the first time such a raise was introduced to the real estate market, and people are scared of more changes. What is going on? According to the Global Property Guide, the price tag on housing...
On February 5, the Portuguese Parliament approved a restriction on the issuance of Golden Visas for investment in real estate, with the exception of the internal municipalities or autonomous regions of the Azores and Madeira. This measure is aimed at promoting investment in regions of low density, as well as investment in urban restoration, cultural...
Golden Visa is one of Europe’s most popular immigration programs, as investors are attracted by its flexibility and advantages. In Portugal, it started in 2012. This program has a number of advantages – hence its popularity. In Portugal, the country’s government strongly supports foreign investors. First, all family members receive a residence permit. Secondly, the...
For 2018, housing prices in Portugal increased by 5.39% to an average mark of € 1,220 per sq.m. This was facilitated by increased demand, combined with improved economic performance. According to the National Institute of Statistics of Portugal (INE), only in the fourth quarter of 2018, the cost of housing increased by 2.03% year-on-year. Sales...
The real estate market in Portugal is characterized by stable demand and supply with positive dynamics. The situation is similar also in the Portuguese rental housing market. The corresponding estimate is contained in the published report of the Royal Institute of Certified Surveyors (Appraisers) of the United Kingdom (RICS), which predicts that in the next...
GREECE Valid from 2013 Investments 250 000 € Real estate Any real estate, including land parcels. Any number of objects. Mortgage Impossible. You need to invest 250 000 € of own funds, and the remaining amount can be issued on credit. Paperwork 1 – 2 months Issued for (valid for) 5 years Residence permit for...
Portugal is a country, which offers favorable conditions for investments in real estate. Why? We are going to tell you. If you compare Spain and Portugal real estate, 90 of 100 requests accounts for the first country and only 10 for the second one, at least among Russian speaking buyers. If you even were not...