Low-density areas in Portugal are getting a lot of attention from foreign investors and locals. As major cities are getting crowded daily, people are looking for quieter spots. In this post, you’ll learn more about low-density areas and how you can invest.
But first, let us explain what a low-density area is.
Low-density areas are regions that have less than 100 inhabitants per square kilometer or per capita GDP. For example, Lisbon and Porto aren’t listed as low-density areas.
However, the Algarve and some districts of Évora are included in the low-density areas.
Considering the rising popularity of Portugal both as a hub for technology and financial centers, investing in the country has become more important.
Let’s have a look at some of the most important advantages.
Spend less money to obtain a European residency
The purchase of real estate for €280,000 is one of the lowest investment requirements in Europe’s golden visa programs.
Furthermore, spending an average of seven days each year in Portugal may make you eligible to apply for citizenship after five years.
Invest where you can make a profit
If you compare Lisbon and Porto’s real estate market with real estate in low-density areas, you’ll find it’s still more affordable than other bigger cities in Europe.
Portugal has hit big numbers in tourism in the past two years. And as the world is falling in love with Portugal, if you buy a property in Portugal, you can rent it out and earn a high profit.
Short-term touristic renting is getting popular, which makes real estate a good investment to go with.
These are some of the best low-density areas you might want to look at in Portugal.
Alentejo
The Alentejo region of Portugal is a popular rural tourism destination. Many wineries are located here.
There are many areas in Alentejo that are eligible for the Portugal golden visa. From excellent beaches to rolling hills, Alentejo has ample options for you.
Here’s a short overview of some places you want to look:
Évora
The capital of the Alentejo. Évora is two hours from Lisbon and a little over two hours from the Spanish border. Buying a house here means you’re still very close to Lisbon and can enjoy the quiet life in the countryside.
Comporta
As Comporta is on the beachside, it is an ideal location for tourists. People from all around Europe consider Comporta as a runaway location for vacations.
The properties in Comporta are more affordable than those in Lisbon and other major cities in Portugal. You can choose from various types of houses here.
Golden Port Visa is here to assist you through the entire process. We are more than an immigration consultancy – we are your trusted Portuguese partner that will help you achieve your relocation goal.
We specialize in assistance with residency and property investment in Portugal. Contact us to schedule a free call or send us an email to know more about the program.
Very informative. Very clear on the best options to invest in Portugal. I look forward in knowing more in these areas where the prospects for appreciation look great!
I was unsure about what low-density meant and what were the options of investment, after reading some articles of Golden Port Comporta area really got my interest.
Hi Muhammad, thank your for your comment. We are glad we were able to make it clear for you.
Don’t hesitate to contact us shall you have any further questions.
Alentejo is beautiful, I’m on the fence between Alentejo and the Algarve. Would love some input on best option between the two!
Hi Nick, thank you for your question. We have more detailed information for both of these areas in the following likns:
https://goldenportvisa.com/living-in-alentejo/
https://goldenportvisa.com/algarve-golden-visa/
Please let us know if this helped or if you’d like more in depth assistance please feel free to contact us for a free consultation.
Hi,
I want to seek someone to help buy commercial property in Faro for Golden Visa. Is Faro qualified for low density?
To my understanding, SEF/ ARI Law judge low density buy NUTS III level, that means any city in Algarve is low density.
So buying property in Faro can have 20% discount, am I right? Thanks.
Leo
Hi Leo,
You are correct, the whole of Algarave does qualify for the 20% discount on the investment. We do currently have a project in the Algarve such as the one you mentioned :
https://goldenportvisa.com/properties_portfolio/algarve-apart-hotel-property-for-portugal-golden-visa/
Would you like to have a free consultation with one of our agents for more details? Please let us know.
Best Regards.