Portugal Golden Visa for 280,000 € Investments in low-density areas of the the country/ DRP Advisers Portfolio of Investments

With the new regulations coming next year in Portugal, the interest of foreign investors will move to so-called low-density areas of the country, where Golden Visa investments can be applied with only 280.000 Euros.

‍

As many of you know, The Portugal Golden Visa is a golden visa program by the government of Portugal that grants residency to people who invest in properties worth at least €500,000, but not everyone knows that the actual investments in real estate can start from 280.000 Euros. How it works? If the property is located in so-called “low-density areas” of the country (areas with less than 100 inhabitants per sq.km., or where the GDP per head is below 75% of the national average), the value of this investment may be reduced in 20%. Meaning, that you can buy a new property instead of €500,000 for €400,000 and still get the Golden Visa. Or you can invest in Portugal property that is in need of rehabilitation and in this case, minimum requirement decreases to €350,000. The property either has to be built more than 30 years ago or has to be located in a designated area of urban rehabilitation. If the property is in a “low density area”, minimum requirement gets reduced to €280,000.

‍

DRP Advisers team decided to analyse the market of 280,000 Euros investments and help investors make the best decision.

1) We would like to invite you to one of the most exclusive areas of Portugal, the peaceful town of Alcácer do Sal. With beautiful views of the riverbank, rice plantations, and flamingo flocks, which makes it a truly unique place. Alcácer do Sal is a historic village famous among the Portuguese and international families, in the search for the best coastal places in Portugal, gastronomy and a unique landscape.

A second project is being developed by the same developer in the centre of this beautiful city.
This is going to be a private luxury condominium with 24h security, swimming pool, on-site parking, restaurant, and common leisure areas.

280,000 Euros Golden Visa investments in Alcacer do Sal

‍

New residential development of 10 apartments of typologies T1 and T2 that consists on the total renovation of a set of ruined houses in Alcácer do Sal, Setúbal.

Good thing about this project, that there is an interest from both local and international market, so you will not be depended entirely on the tourism.

2) Another great investment option for Golden Visa investors is located in São Pedro do Sul, which is a municipality in the Central Portuguese district of Viseu. The seat of this municipality is the city of São Pedro do Sul, world wide famous for the thermal baths dating back to pre-Roman time.

They are among the most important thermal stations in Portugal being the top destination for tourists and visitors looking for health treatment. This venue combines wellness, health and leisure. The waters are recognized for their mineral and medicinal effects. Nowadays, these thermal stations have modern equipment, as well as several leisure structures.

280,000 Euros investments in Sao Pedro se Sul

‍

A residential project in the heart of the touristic area of São Pedro do Sul

This project is more relevant for the long-term rent, if you want to generate income from the short-term rent, we recommend you to invest in Lisbon or Porto.

3) DRP Advisers would like to invite you to an exciting journey to explore a beautiful city of Evora, the hidden gem of Portugal. The city dates back more than 5,000 years. In the Evora old town you will find many historic monuments, stunning architecture, religious sites, museums and buildings within walking distance from each other. With its history, pleasant weather, no wonder it has been named as one of the Most Liveable Cities in Portugal.

‍

280,000 Euros investments in Evora- DRP Recommendation

Why to invest in real estate in Evora?

Due to its extensive historical and cultural importance, in the past few years Evora has seen a huge increase in the tourism sector, which led to the creation of many hotels, bed-and-breakfasts, Airbnb renting and various other styles of accommodation.

But why we love Evora from the real estate investment point of view? One word: low-risk.

Evora is a relatively small city, so finding a good investment, is like finding a diamond, you need to know the market, region and local prices. That is why we have our own office with team of real estate brokers and analysts. Most of them were born in the city and know every little corner of Evora, so when a new opportunity is coming, our team is the first one to know and informed.

Apart from difficulties in finding the right investments to buy, it is not so easy to find the property to rent, because of the limited options, which is definitely a good reason to buy if you are lucky enough to find a good property.

One of the oldest Universities in Portugal, the University of Evora, is located in the historical part of the city. University is popular not only among Portuguese but also has a lot of foreign students. Currently, there are about 10000 students enrolled. They all need a place to live and unfortunately, there are not so many options in the city for them. That is why many of our clients bought houses in Evora and are currently renting them to students, which brings them a regular stable income and security, as there are always going to be students looking for accommodation. Evora, unlike big cities, has no speculation with prices on the real estate market. Additionally, as we mentioned in the beginning, investment can be only for 280,000 Euros and not 500.000 Euros, as Evora is qualified for a low-density area.

Apart from students, there are many families that are looking for houses to rent and due to the high rate of tourist visitors, Airbnb is also of the options, although Lisbon, Porto and other big cities are still considered a better choice for the Airbnb rental model.

Golden Visa Apartment inside the historical centre of Evora

Why do we recommend to work with a local agency that has a present office in the city? First of all, if you are not planning to live in Evora and consider it exclusively as an investment and way to get Golden Visa, you will most likely rent the property. But who wants to deal with all the overwhelmed paperwork, constant communication with the tenants about the broken chairs or bulbs?

Moreover, when you buy the investment for 280,000 Euros, one of the conditions from the government is to renovate the property (renovation price is included in 280,000 Euros) you will face the problem of communication with the local construction company, that sometimes don’t speak good English. Why would you need to bring additional problems and headaches to your life, when you can just work with the local company, that already been through this process many times and knows all the underwater rocks.

Evora offers a truly unique Portuguese experience, with a distinctive heritage, delicious regional cuisines and an infectious unhurried pace of life, that is so wanted by people from big crowded cities.

4) If you a fan of the south of Portugal and don’t want to spend much, we have a good Golden Visa option for you. An apartment hotel located in Albufeira, close to Olhos d’Agua Beach, and 3 minutes from the exquisite Maria Luisa Beach.

The project will be fully managed by the developer and he is offering 100% buyback and annual return paid upfront for 5 years.

280,000 Euros investments in Algarve

If you want to learn more about 280,000 Euros investments in Portugal for Golden Visa, speak to our consultant, that will be happy to find you the best option on the market.

Call Now: ‪+351 912 585 085‬

Book a consultation

CHECK PORTUGAL GOLDEN VISA RESIDENTIAL INVESTMENTS 280,000 EUROS

CHECK PORTUGAL GOLDEN VISA RESIDENTIAL INVESTMENTS 350,000 EUROS

About DRP Advisers

DRP Advisers is an expert in Real Estate investments and Golden Visa Program. For many years we have been helping clients to find the right properties in Portugal. We use our extensive connections within the industry to access suitable investment opportunities ahead of the competition.

With a cosmopolitan team, our secure network of lawyers, real estate brokers, property managers, mortgage advisors are here to guide you every step of the way through your investment journey.

‍

To find out more, please contact us:

E-Mail: renata@drpadvisers.com

Phone: ‪+351 912 585 085‬