Worldway Group has learned that, according to data provided by relevant institutions in the Portuguese real estate market, the average sales cycle for properties in Portugal is becoming increasingly short!
It is reported that during the economic crisis, the average sales cycle for property in Lisbon was approximately 9 months (2013 data); five years later, the sales cycle has decreased by an average of 3 months. The decline in Porto is even more significant, shortening from the original 11 months to 6 months, a reduction of 5 months. This reflects the continuously growing confidence of investors in the Portuguese real estate market and the steadily increasing purchasing power.
Luis Lima, President of APEMIP in Portugal, stated that there is currently a phenomenon of supply falling short of demand for housing in Portugal, which is why the sales cycle has shortened significantly.
According to the OECD's 2019 Economic Survey of Portugal, driven by the tourism boom and the Portuguese Golden Residence Permit policy, the demand for housing in Portugal has increased significantly, especially in areas like Lisbon and Porto. Between 2013 and 2017, the number of tourist accommodation beds increased by 23%, and the number of Airbnb listings doubled between 2015 and 2017. However, the growth in housing supply has not kept pace. As the real estate market faces a supply shortage, property prices in Portugal are also consistently rising.
At the same time, the rising demand from tenants brought about by the flourishing tourism industry will also push up the overall level of house rentals. Investing in Portuguese property offers expected future appreciation; interested parties should not delay.
Currently, through the Portuguese Golden Residence Permit Program, by purchasing properties at least 30 years old or properties located in urban renewal areas for renovation (with a total investment of no less than €350,000), you and three generations of your family can quickly obtain Portuguese golden residence permits, while participating in the Portuguese real estate market and enjoying the dividends of property appreciation.
As a top 500 Asian brand and a leading institution in investment immigration, Worldway Group, as a pioneer in European investment immigration projects, has always been at the forefront of the industry regarding Portuguese investment immigration. In April 2013, it partnered with the Embassy of Portugal in China to introduce the Portuguese “Golden Residence Program” to China, initiating an exciting journey of Portuguese investment immigration. As one of the earliest immigration agencies to promote the Portuguese “Golden Residence Program” in China, Worldway Group has maintained a positive relationship with the Portuguese government for many years, helping investors easily realize their dreams of immigrating to Portugal.
Meanwhile, Worldway Group always considers the interests of investors as its starting point, collaborating with reputable Portuguese developers to select premium property projects for investors. Currently, the premium Evora apartment project in Portugal, launched in a major collaboration between Worldway Group and reputable Portuguese developers, is selling fast.
The premium Evora apartment project offers excellent value for money. The 5-year leaseback service provided by the developer allows you to enjoy significant rental returns driven by the booming tourism industry in Portugal. At the same time, because the premium Evora apartment project complies with the Portuguese policy of purchasing property starting at €350,000 for immigration purposes, buying a property here allows you to submit your investment immigration application at the Evora Immigration Office, shortening the submission and approval cycle. With one investment, you and three generations of your family can quickly apply for and obtain the Portuguese Golden Residence Permit.
Project Profile: Premium Evora Apartment Project
Project Type: Apartment
Unit Type: One-bedroom or two-bedroom
Size: From 40.78㎡
Price: Starting from €135,000
Project Highlights: Superior location, convenient transportation; exquisite unit layouts, high cost-performance ratio; 5-year leaseback, considerable rental returns; complete surrounding amenities; buy a property to quickly obtain a Portuguese Golden Residence Permit for the whole family of three generations.
The Evora premium apartment project is a two-story apartment building. It is a renovation project comprising 11 apartments, designed with north-south exposure for excellent indoor ventilation and natural lighting.
Superior Geographical Location
The project is located in Evora, surrounded by cultural attractions. It is an 8-minute walk to Giraldo Square. Within 1 kilometer, you can walk to the Chapel of Bones, Evora Museum, Evora Cathedral, and the Roman Temple of Evora in 12 minutes, and reach the University of Evora in 13 minutes. The project is just a 1 hour and 15-minute drive from the international airport, a 9-minute drive from Evora Airport, an 8-minute drive from large retail malls, and 16 minutes from the A6 motorway, with Lisbon 1 hour and 15 minutes away.
Interior Design
The apartments feature high-quality finishes, modern and minimalist design, premium wood flooring, coupled with a full set of exquisite and fashionable furniture and high-end kitchen and bathroom appliances. Various living amenities are fully equipped, providing you with a comfortable living experience.
Tailor-made for you: with an investment starting from just €135,000, you can own a freehold property in a World Heritage city and enjoy considerable investment returns. Don't just think about it—act now! Property Purchase Hotline: 400-138-2929.