Portugal is a showcase of different kinds of landscapes. Among those landscapes, you would be able to witness the most beautiful spots in the world. This southern European nation, bordered by the Atlantic Ocean and relaxing below a sunny sun, is laid-back and hospitable.
Here you can get inexpensive wine, delectable traditional and mouth-watering cuisine, a Mediterranean atmosphere, and a strong cultural identity.
While the country’s big centers continue to develop as trendy attractions, its coastline remains a colorful, friendly home.
The real estate market of Portugal is extremely growing with the passage of time. By purchasing a property in Portugal, you get a high value against your investment. Therefore, now is the best time to buy any sort of property in Portugal as per your wishes and requirements.
Read this guide to know more about Portugal’s most favorable and preferred cities where you can buy property.
Cities for Buying Property in Portugal
Following are the cities where you can buy property:
Porto
Porto may be a smaller city but it is one of the most affordable places to buy property in Portugal. The city is friendlier and offers its residents a high standard of living.
The transportation system is quite good in this city. Therefore, it won’t be difficult for you to get a taxi or a bus.
There are many property options from which can choose the best one per your requirement. Following are the residence options:
- Luxurious Houses
- Beautiful Townhouses and Cottages
- Farm House
- Condominium
- Apartment
Algarve
Algarve is situated across the southern coastline of Portugal and is one of the best holiday spots. In Algarve, you will witness a lot of beautiful beaches, delicious meals, enthusiastic culture, and an easy-going lifestyle. Besides this, Algarve is known for its fabulous nightlife and moderate temperature.
In Algarve, you will find a lot of steady and affordable real estate investment options. This is why many investors are attracted to this city. Following are the types of properties you can purchase in the Algarve:
- Villas
- Apartment
- Resorts
- Normal Family Houses
Braga
Braga is also one of the major cities of Portugal, located on the northern side. Here you can view a variety of different Cafes and restaurants. Braga is also known for its rich cultural heritage; on the northern side, you can get a lot of attractive real estate investment options to choose from.
You can buy huge properties along with plenty of lands as well. However, you should keep in mind that some cities require a lot of renovation, therefore, the investment options may not be that affordable.
Cascais
Cascais is one of the most popular tourist destinations across Portugal. It offers exceptional coastal views and is well known for purchasing properties higher in price and better in quality.
However, the property prices will get much expensive when you keep getting closer to the middle of the city. Therefore, it is best recommended to buy property only if you can easily afford it. In case you want to sell out your property, it won’t be much difficult as this city is nearby Lisbon.
Lisbon
Lisbon is one of the most popular cities both in terms of real estate investment and tourism as compared to other cities of Portugal. It will be quite easy for you to buy or sale out your property as the real estate demand is increasing from time to time and offers great value.
You can spend a quality life in Lisbon and enjoy different health and educational facilities. Besides this, the traveling system is quite diverse and well-established. You will find funiculars, ferries, urban buses, and trams throughout the whole city.
How to Buy Property in Portugal?
If you have made up your mind for investing in the real estate market of Portugal. Then the good news is that 7Sky Immigration invites you to invest in the CasaPark residential project which is their recently launched golden visa investment scheme in Lisbon.
CasaPark is a set of 18 different luxurious apartments having state-of-the-art facilities. Here you can purchase from any of the apartments depending on your requirement. Following are the apartments offered by CasaPark:
- 4 T1 apartments
- 8 T2 apartments
- 2 T3 apartments.
Each of the apartments has wooden and ceramic floors, along with a well-equipped kitchen. If you dislike excessive sunlight and heat, don’t worry; we have also frames offering thermal protection and double glazing.
Benefits of Investing in CasaPark
CasaPark is located in the middle of the city through which you can have different advantages. First, you will have easy access to different facilities such as education, health, banks, supermarket, etc.
Public and private schools are quite near to the residential development; so if you have settled in the residence along with your family, it won’t be difficult for you to drop your children at schools.
Besides this, you can reach Lisbon airport within a few minutes if you have plans for leisure or any other important international trip.
The biggest benefit you can get from purchasing CasaPark apartments is that you can become successfully eligible for Golden Visa Program in Portugal.
By getting a Golden Visa, you can live, study, and work in Portugal for a minimum of 5 years. However, it is not necessary that you spend complete 5 years in Portugal; just a minimum of 35 days and you will be eligible for Portuguese citizenship.
Once you become a Portuguese citizen, you can enjoy the same rights as any other European citizen does. Besides this, you can freely travel across the Schengen Area without any need for a Visa.
Why Should You Buy Property in Portugal?
Well, Portugal’s beauty has persuaded and fascinated everyone. However, the question will always arise in the minds of everyone why do I need to get property in Portugal? The benefit of getting a property in Portugal is that you don’t have to face any sort of restrictions especially if you are from a non-European country. Portugal falls among the list of top 5 countries having the strongest passport in the whole world.
The Portuguese Government warmly welcomes international investors or business persons to make certain investments in Portugal. The reason is that Portugal was suffering from a serious economic crisis in 2008, therefore, it was necessary to reverse those devastating effects so that the national economy could be supported.
Also, you don’t need to involve yourself in complex paperwork that is usually required by some major countries. All you have to do is to get a Tax Identification Number (NIF) by opening a Portuguese bank account.
Portugal is one of the safest and most affordable countries to live in where the crime rate is extremely low. It is one of the best countries where you can enjoy a high standard of living. Besides this, by investing in a property within Portugal. You will get a golden visa for Portugal which will further let you acquire Portuguese citizenship.
Since buying property in Portugal has a lot of different benefits such as tax benefits, etc, therefore, you should get a free consultation and immediate immigration service from 7Sky Immigration, the best golden visa Portugal consultant.