According to statistics from the Portuguese Immigration and Borders Service (SEF), 125 Golden Visas were issued in October alone, 118 of which were for real estate investments, totaling €66.807 million.
With the booming development of the tourism industry, Portugal has become one of the top choices for travel destinations in Europe and even the world. Portugal was named the World's Leading Destination for two consecutive years in 2016 and 2017. Recently, the Portuguese government has successively introduced open immigration incentive policies, such as lowering the threshold for permanent residence applications and relaxing naturalization conditions, which are highly attractive to investors from all over the world.
Furthermore, in May 2015, the Portuguese Immigration and Borders Service updated relevant legislation, adding a new investment method for Golden Residence Visa applications, one of which is:
Applicants who invest in purchasing properties in Portugal that are over 30 years old or located in designated urban rehabilitation areas, and renovate them, with a total value exceeding €350,000.
By meeting the above conditions, three generations of a family can obtain a Portuguese Golden Residence permit card.
This means that by investing over €350,000, you can obtain a Portuguese Golden Visa and enjoy the generous benefits of an EU member state.
Property Recommendation
Project Type: Apartment
Usable Area: From 42㎡
Price: From €350,000
Project Overview
This project is a €350,000 immigration project. It consists of 9 units in total. The existing old building has three floors: ground floor, first floor, and second floor. The renovation project will add two floors to the existing structure and consolidate the multiple entrances on the ground floor into one. From the ground floor to the third floor, the layout features two units per floor, while the fourth floor is a single unit per floor. The project aims to create refined small-sized apartments, making rational use of space and crafting exquisite details. It adopts a minimalist and sophisticated hotel-style decoration, with complete living facilities, making it an ideal choice for both short-term rentals and self-occupation.
Project Location
This project is located in the historic Graça district of Lisbon, Portugal, which has been famous in Europe as an important town since the 17th century. Its superior geographical location adjacent to the coast not only gives it an excellent natural environment but also preserves much of the splendor from the Portuguese Age of Discovery, such as the Monastery of São Vicente de Fora, the Graça Viewpoint, and the National Pantheon, among other historical and cultural attractions.
Project Exterior
Viewpoint Scenery
Living Room Display
Bedroom Display
Kitchen Display
Bathroom Display
Project Services
l Apartment clients can receive rental management services provided by the developer. Clients entrust the apartment to the developer for short-term tourist rentals, with a rental yield of 5% of the property's selling price per year for five years;
l During the guaranteed rental period, clients are exempt from paying property management fees, water bills, electricity bills, and other expenses.
As a pioneer in European investment immigration, WorldWay Group joined hands with the Embassy of Portugal in China in April 2013 to introduce the Portuguese "Golden Residence Permit Program" to China, starting a wonderful journey of Portuguese investment immigration, which is highly favored by Chinese families!
As one of the earliest immigration agencies to promote the Portuguese "Golden Residence Permit Program" in China, WorldWay has maintained a good relationship with the Portuguese government for many years and is your solid backing on the road to immigration!
Choose WorldWay for your Portuguese investment immigration, and make your immigration journey easier! Europe is entering a golden decade; how can you seize the opportunity and stay one step ahead? One-click consultation: 400-138-2929.