Up until recently, the majority of Golden Visa real estate options have been located in Portugal’s most prime locations, namely Lisbon, Porto and the Algarve. In light of the pending change in legislation, due to take effect in January 2022, many of Portugal’s real estate developers are now looking outside of the major cities and coastal regions for their next development. From 2022, investors will only be able to purchase Golden Visa product within the interior of Portugal in locations such as Braga and Evora, and coastal regions such as the Algarve, Lisbon and Porto will no longer qualify for the programme. This means the supply of qualifying projects in Lisbon and Porto are now limited with new product unlikely to come to the market as attentions turn to the newly qualifying areas.

If you wish to purchase in one of the countries major cities and benefit from a strong rental return and future capital appreciation then it is important to note there is limited time to invest in Lisbon, Porto and the Algarve. Despite a fast-diminishing availability of stock, La Vida has access to a choice of qualifying golden visa investment opportunities which meet Portugal’s golden visa residency legislation. We are advising potential investors to act now to take advantage of what could be the last chance to own a property in Portugal’s most prime locations and touristic hotspots. For further details, please contact our specialist consultants.

Tags: citizenship by investment 2022, Portugal Golden Visa News, real estate, residency visa

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