2013 was referred to as the 'Year of European Immigration', and among many European programs, Portugal's real estate immigration stood out. By November 2013, Portugal's real estate immigration program alone attracted investments amounting to 800 million RMB, capturing attention. Why is the Portugal real estate immigration program so popular? Worldway immigration experts analyze that the high cost-effectiveness and stable housing prices are indeed key factors.
€500,000 allows you to buy a house in Portugal and you can immigrate to Europe
Among the issues currently troubling people in China, what stands out the most? Certainly, it is the persistently high housing prices. There is an old saying in China, 'one should establish a family before pursuing a career', but obviously, this is not realistic for today's youth.
What kind of house can you buy in Beijing for 4 million RMB (about €500,000)? Based on the current housing prices in Beijing, this amount is only enough to purchase a relatively comfortable 2-3 bedroom apartment in the third ring, with a 70-year property right. At the same time, you will have the 'privilege' of enjoying Beijing's smog.
But for the same €500,000, surprisingly, you can buy a well-decorated villa in the city center of Lisbon, Portugal, along with fresh air and a blue sky. Almost every group of Worldway clients going to inspect on-site is very satisfied with the blue sky, fresh air, and sunshine, which undoubtedly adds to the charm of Portuguese real estate.
Don’t forget, spending €500,000 to buy a house in Portugal also gives you the significant advantage of being able to immigrate to Portugal, thus gaining access to Europe!
'The European continent is ancient and mysterious, the most developed continent in the world. Portugal is also an old capitalist powerhouse, and its housing prices are quite reasonable compared to Beijing. You say you must buy a house in Beijing, why not consider Portugal?' This is a sentiment shared by many clients. They express that for the same price, living in frustration in Beijing, it would be better to buy a house in Europe where the air is good. When asking local residents in Portugal what smog is, probably very few can answer that. Real estate can be for personal use or rental, and it comes with permanent property rights. Children enjoy EU education. Such high cost-effectiveness also explains the reason for the 'Year of Portugal 2013'.
Stable Housing Prices in Portugal Present a Great Opportunity to Enter the Portuguese Real Estate Market
Some applicants have expressed concerns that after purchasing real estate in Portugal, if there is a significant decline in the real estate market, wouldn’t that be a loss? Worldway immigration experts believe applicants need not worry about this. Due to the influence of the EU economic crisis, compared to previous data, Portuguese housing prices have already dropped by 30%-50% and no longer have room for decline.
Furthermore, a significant drop in Portuguese housing prices is not realistic because after the Portuguese government implemented the real estate immigration policy, the number of investment immigrants has significantly increased, which is slowly driving the Portuguese real estate market to recover. Thus, this is indeed a good time for applicants to invest in the Portuguese real estate market.
Recently, Canadian investment immigration is experiencing fluctuations, and a series of extreme actions by the federal government may lead Canadian project applicants to consider immigration projects in other countries. The high cost-effectiveness and obvious advantages of Portugal's real estate immigration will become a new choice for many investors.
This Saturday (March 1), Worldway will simultaneously hold a Portugal real estate immigration briefing in Beijing and Shenzhen. Interested parties please call the appointment hotline 400-138-2929 or inquire online.