Recently, the Portuguese real estate portal idealista released the latest data: housing prices across almost the entire country of Portugal are rising.
According to the idealista price index, housing prices in Portugal rose by 1.1% in October. According to the real estate portal, the rise in housing prices is a "situation visible across almost the entire country," with prices increasing in the capitals of 17 Portuguese districts. Among them, Coimbra led the rise with a 4.8% increase in housing prices. In Lisbon, housing prices rose by 1.6% over the same period, while Porto saw an increase of 1.3%.
Meanwhile, according to a report, "in terms of quarterly and annual changes, housing prices in Portugal rose by 1.3% and 5.1% respectively." Lisbon remains the city with the highest housing prices, with Porto and Funchal ranking second and third, respectively.
It can be said that housing prices in Portugal have been rising against the trend. The Portuguese economy is recovering steadily, and the tourism industry in Portugal is also booming. According to data previously released by the National Statistics Institute of Portugal, in September, the Portuguese tourism industry received 2.9 million guests and recorded nearly 7.7 million overnight stays, of which 2.4 million were from the domestic market and 5.2 million from foreign markets. It was primarily foreign tourists who drove the recovery of tourism activities in Portugal.
As an EU member state, Portugal has always been a well-known European country for livability and tourism, attracting tourists from all over the world for vacations every year. Portugal's relaxed immigration policy is also favored by countless applicants who aspire to obtain an EU passport. Whether it is food, clothing, housing, transportation, tourism, or investment, Portugal can meet the needs of many people, and more and more people are choosing to go to Portugal for various reasons such as tourism, immigration, investment, and study abroad. Since the launch of the Portugal Golden Residence Permit Program in 2012, it has been highly sought after by many immigrant investors around the world.
For those interested in investing in Portugal, it is necessary to seize the opportunity. On November 2, 2022, local time, Portuguese Prime Minister António Costa stated in an interview: "The Golden Residence policy has fulfilled its duty and is now being discussed for closure." Immigration policies change rapidly, and hesitation can lead to missing the best timing.
Currently, there are not many programs left in the immigration market that can quickly obtain EU status, and the Portugal Golden Residence Permit Program is an excellent springboard for obtaining an EU passport with a low threshold. It is recommended that investors with needs make plans as early as possible, seize the opportunity, and submit applications early. The application time under the existing policy may be limited, so taking immediate action is the best strategy for those in need!
Through the Portugal Golden Residence Permit Program, investors can purchase properties starting from 280,000 EUR to apply for Portugal Golden Residence status for three generations of their family, enjoy Portugal's generous social welfare and high-quality educational resources, and travel freely across 26 Schengen countries. Furthermore, upon meeting the corresponding conditions, children can participate in the Joint Entrance Exam for Overseas Chinese Students as overseas Chinese students, easily gaining admission to prestigious universities such as 985 and 211 institutions with lower scores, and enjoying mainland higher education—truly a multi-benefit solution! At the same time, holding a Portugal Golden Residence Permit visa for 5 years and meeting the low residency requirement of 7 days per year makes one eligible to apply for Portuguese citizenship, obtain a Portuguese EU passport, and enjoy the generous welfare benefits of an EU citizen.
As a Top 500 Asian Brand, WorldWay Group, as one of the earlier immigration agencies to promote the Portugal Golden Residence Permit Program in China, has joined hands with powerful Portuguese developers to grandly recommend another high-quality Portugal immigration project—Porto City Center Apartments, helping investors seize the opportunity of property investment immigration in Portugal!
Porto City Center Apartments
◆ Located in the artistic and trendy district of Porto city center, adjacent to numerous attractions
◆ Convenient transportation, within walking distance to the subway station, and close to Porto Airport
◆ Gated community with comprehensive facilities, including a private garden, etc.
◆ The project complies with the Golden Residence Act, with flexible investment options
This project is located in the city center of Porto, with a very convenient location; the project has comprehensive facilities, including dedicated private parking spaces, a gym, a shared garden, a private garden, etc. At the same time, it is equipped with an exclusive community reception lobby and a shared dining area, providing users with more social areas. Various supporting facilities ensure that living needs are met in all aspects; the project will bring residents a new life full of artistic sense, where they can feel the combination of tradition and modernity. The project complies with the Portugal Golden Residence Act, and one person's investment allows the whole family to apply for Portugal Golden Residence status.
Project Renderings
(The following images are for reference only, subject to actual delivery)
(For more details on property listings for Portugal property investment immigration, please contact WorldWay Immigration consultants)
As a Top 500 Asian Brand and WorldWay Group, which has been focusing on investment immigration for over 20 years, we were one of the earlier immigration agencies to promote the Portugal Golden Residence Visa Program in China in October 2012. In April 2013, we joined hands with the Embassy of Portugal in China to hold the "Portugal Golden Residence Program Launch Ceremony," introducing the Portugal Golden Residence Program to China and helping numerous investors realize their dreams of Portugal. WorldWay Group is your trusted choice for handling Portugal immigration.
For more details, please send us a private message in the comment section, or call the WorldWay service hotline: Mainland China: 400-138-2929, Hong Kong, China: (852)2802 8798.
Note: 1. Within the scope permitted by law, the right of final interpretation of this promotional activity belongs to WorldWay Group. 2. Investment involves risks; the above information is for reference only. Property images are for reference only, subject to actual delivery.