According to the Portuguese national statistical report, the bank valuation of housing in Portugal continued its upward trend in February this year, with the national average property price reaching 1,109 euros per square meter, a monthly increase of 3 euros per square meter and a year-on-year increase of 5.7%. Although housing prices continue to rise, the Portuguese government clearly does not intend to stop there and has introduced measures that are even more conducive to stimulating further growth in housing prices.
New port leads the way, helping to upgrade Portugal's urban strength
The Prime Minister of Portugal previously announced that the Portuguese government will increase the scale of investment in public construction. "Large-scale investments have a profound impact on the development of various regions," and major cities in Portugal, such as Lisbon and Porto, will be the first beneficiaries of future large-scale infrastructure plans.
Taking the new Santa Apolónia port in Lisbon as an example, it has a construction area of 13,800 square meters and a pier area of 1,490 square meters. The infrastructure is equipped to accommodate 360 light passenger cars, 80 buses, and tourist taxis. It will officially begin operations this May, at which time it will be able to receive 800,000 tourists annually, an increase of 300,000 over the current port capacity.
The Portuguese Minister of the Sea stated that taking this as an opportunity, the number of tourists visiting Portugal by cruise ship is expected to grow by 55% over the next decade, with direct or indirect benefits exceeding 100 million euros expected by 2020.
As everyone knows, infrastructure projects promoted by the government will improve the quality of life in the region, thereby significantly driving the booming development of the urban real estate market. The Portuguese government's vigorous development of the tourism industry helps upgrade urban strength, allowing many investors to see the appreciation potential of the local real estate market.
Government gift package: Invest in real estate and receive EU residency
As a long-established European country, Portugal possesses a unique geographical location and an excellent living environment. Lisbon has even been rated as one of the top ten most livable cities, thus attracting a large number of foreign nationals to immigrate to Portugal.
The Portuguese government vigorously launched the real estate immigration policy in 2012, allowing investors in Portuguese real estate to obtain EU residency. As the earliest immigration company to promote the Portuguese Golden Residence Permit program, WorldWay launched this project in Shanghai with the Portuguese Embassy in China and promoted it to the Chinese market.
The Portuguese manor estate project, exclusively launched by WorldWay Group, allows investors to obtain permanent land ownership, hereditary glory, and EU residency for the whole family of three generations with an investment starting from 500,000 euros. It is both an investment and an immigration opportunity, allowing you to earn money and enjoy life simultaneously!
Currently, WorldWay Group has launched its grand "US Investment Immigration 11th Anniversary Month" promotion. During this period, sign up for Portugal investment immigration to enjoy significant discounts. Additionally, there are many informative seminars on overseas living, education, and tax planning waiting for you! For more details, please call the WorldWay Group hotline: 400-138-2929.
