With its golden visa program and high rental yields, Portugal has become one of the most popular countries for real estate investment in Europe in recent years. The Portuguese real estate market offers high returns for property investors compared to other European countries. Here are some of the reasons why Portugal is best for real estate investment in Europe:
Portugal golden visa program attracts investors
Portugal’s golden visa program grants residency rights through real estate investment of minimum €500,000. The program has attracted significant foreign investment, especially from China. Investors are granted permanent residency after 5 years which makes it an attractive fast-track to EU citizenship.
High rental yields in property market
According to data, Portugal rental yields range from 4-8% depending on location, the highest in Europe. With its booming tourism, expats relocating and golden visa-driven demand, Portugal offers great opportunities for buy-to-let investments and high recurring income.
Portugal real estate is undervalued
Property prices in Portugal are still about 25% below pre-crisis 2007 levels despite rising in recent years. This means there is room for considerable capital appreciation in coming years. Locations like Lisbon, Porto, Algarve offer value buys.
Increased infrastructure spending
The Portuguese government plans to invest €45 billion in infrastructure over the next 10 years. New transport projects, roads, airports, trains, bridges are underway. This is positively impacting real estate markets across Portugal.
With high rental returns, capital growth potential and residency benefits, Portugal stands out as the best country for real estate investment in Europe right now.