Portugal has become the newest “it” property market attracting a steady flow of interest from overseas buyers due to a few noteworthy benefits differentiating the country’s property investment landscape from its neighbors.
Aside from the country’s obvious beauty, vibrant culture and relaxing lifestyle, Portugal has been one of the most popular European investment destinations for Chinese investors due to its competitive pricing, favourable tax system and Golden Visa Program to obtain EU residency and citizenship through property investment.
The Portugal Golden Visa Program is a fast-track residency for investors outside of the EU in return for a minimum property investment of €500,000. Successful applicants will be granted a five-year residence permit with the right to live, work and study in Portugal, along with visa-free travel within the 26 countries under the Schengen area of Europe. The residence permit only requires an average of seven days per year stay in Portugal. After five years as a resident, the applicant is eligible to apply for Portuguese citizenship.
Non-Habitual Residence (NHR) tax rule – offering a 20% fixed personal tax rate for local income, including exemptions on money sourced from abroad for the first 10 years of residency, as opposed to the general 48% tax rate.
With Lisbon ranked by PwC as the top real estate investment destination of 2019, international buyers are also looking into attractive yields and capital appreciation. Limited restrictions on short term holiday rentals such as Airbnb are also making property investment even more profitable for overseas buyers seeking positive returns on investment.
Palácio Ficalho
Misericórdia, Lisbon
Property ID: 8346
Gross Floor Area: 77-224 sq.m. approx.
1-3 Beds | 1-3 Baths
Known as the old Palace of the Marqueses de Ficalho, the Ficalho Palace consists of 6 floors with 16 spacious apartments. The development is in the heart of Bairro Alto, one of the most vibrant historical districts of Lisbon and only 25 minutes from Lisbon Airport.
Price Starting from €505,000
The Lumiares
Misericórdia, Lisbon
Property ID: 8347
Gross Floor Area: 131 sq.m. approx.
1-3 Beds | 1-3 Baths
Enjoying a central and prominent hill-top location, the Lumiares Luxury Hotel Apartments commands wide views over Lisbon and its majestic river, the Tagus River (Rio Tejo). The hotel apartments offer luxurious amenities including spa, gym, rooftop bar, underground parking and secure storage facilities.
Price Starting from €858,000
Altis Prime
Santo António, Lisbon
Property ID: 8348
Gross Floor Area: 52-98 sq.m. approx.
1 Bed | 1-2 Baths
The modern Altis Prime Apartments combine a sophisticated urban atmosphere with the comfort and convenience of personalised service. The development is ideally located in the heart of Lisbon’s business area, next door to the Altis Grand Hotel and close to the Avenida da Liberdade.
Price Starting from €430,000
A’Tower
Campolide, Lisbon
Property ID: 8366
Gross Floor Area: 88-380 sq.m. approx.
1-5 Beds | 1-5 Baths
A’Tower breathes the city’s vibrant energy being a prime residential development with dynamic lines and character accentuated by the broad balconies and offering a splendid view towards the capital’s urban center or the Monsanto Hills, Lisbon’s largest green area. Its central location and great access offer excellent mobility in the privacy of a peaceful area like the high-end cosmopolitan zone of Amoreiras.
Price Starting from €495,000
