Real Estate Purchase
When investing in real estate, there are a couple of parameters that investors must consider before purchasing real estate. To be eligible for the Portugal Golden Visa, applicants must purchase real estate for €350,000 or more if the residence was built more than 30 years ago and is located in a designated restoration area. If the property sits in an area of low population, the overall cost can be reduced to €280,000.
To purchase a residence in a new area, the minimum sale price must be €500,000. If the residence is in a sparsely populated area, the investment can be reduced to €400,000. After 5 years, the property can be sold and the investment can be returned to the investor.