Did you know that you could get a Portugal Golden Visa for € 280,000 also?

One of the most popular ways of obtaining a Portugal Golden Visa is by investing in property.

According to the rules governing the granting of Residency for investment in Portugal, the following type of property investments are eligible under the ARI- Residence permit for investment activity.

Purchase Real Estate in total value equal or greater than:

1. € 500,000 any property with no restrictions;

2 € 400,000 any property located in low-density areas

3. € 350,000 for old properties built over 30 years ago or located in approved urban regeneration areas, with renovations work involved;

4 € 280,000 for old properties built over 30 years ago or located in approved urban regeneration areas, with renovations work involved; located in low-density areas

Thus one can see that the minimum investment amount ranges from € 500,000 to € 280,000.

Up to now, the most popular investment route has been 1 and 3. This is because people are reluctant to invest in low-density areas, which are less developed. It is not easy to find a tenant in such locations and not easy to sell the property. Hence the majority of the people have been investing in bigger and more developed cities like Porto and Lisbon.

However, of late, more and more investors are choosing to invest in managed properties like branded hotels etc., to meet their immigration objective for Portugal Golden Visa.

This is because such investments offer many advantages, notable among which are :

1)Convenience – you don’t have to manage the property or the tenant as the hotel will take care of the same.

2)Cost-effective – you don’t have to pay property tax or maintenance

3)Assured rental return – most of the managed properties offer you assured return

4) Easy exit – most of these investment options have offered guaranteed buyback (return of investment amount)

Over the last few months, we have seen more hotel projects from developers being launched in approved rehabilitation areas/low-density areas like Evora, Lados etc., which provide an opportunity to investors to invest only Euro 280,000 and get Portugal Golden Visa.

This has made the Portugal Golden Visa program even more attractive to investors since, in addition to lower investment amounts, they enjoy many of the benefits mentioned above.

Besides, the investors also save on the property transfer tax, which reduces the overall investment outflow.

Click here for more information on managed properties

Moxy Lisboa, Park Hotel

Lagos beach and Sports resort