Buying now, investors earn, on average, immediate gains of 45% on the market value and non-EU citizens obtain an European Residence Visa.
This is the perfect time to invest in real estate in Portugal and to non-EU citizens obtain an European permanent residence permit.
It can be by the acquisition of one or more properties. The important is the total amount invested by each non-EU owner, which has to be equal to or higher than 500 thousand Euros.
Currently, there are huge opportunities to invest at very low prices in new and used houses and apartments.
The market is in decline, with a sharp devaluation of properties due to the credit crunch, and there is a consequent underestimation of the houses by banks to obstruct the granting of loans.
The potential market for earning capital gains with the transaction and rental of properties and for the additional acquisition of European residence permits is vast.
It is particularly directed for:
- Real estate investors;
- People looking for a second home or vacation home;
- Pensioners who want a late life more pleasant and quiet;
- Fans of leisure tourism;
- Business people;
- Non-EU citizens wishing to obtain European citizenship and freedom of movement in the countries inside the Schengen area.