Which regions of Portugal are the most profitable to purchase real estate in?

In first place is the municipality of Sernansella, where the cost of 1 square meter of real estate is only 205 euros. This is significantly lower than the average cost in the country, which in August 2023 was 1,538 euros per 1 square meter. In Sernansella, house prices are also very affordable and do not exceed 20,500 euros. Second on the list is the municipality of Figueira de Castelo Rodrigo, located in the district of Guarda. Here the cost of 1 square meter of real estate is 209 euros. The average cost of a house in the regional capital is 20,900 euros.

In third place is the municipality of Fornos di Algodres, where the price for 1 square meter of real estate starts from 215 euros. Houses in this region typically cost no more than €21,500.In addition, there are other regions in Portugal with affordable property prices, where the cost of houses does not exceed 31,000 euros: Meda, Almeida, Pinhel, Vila Velha de Rodan, Armamar, Masan and Pampilhosa da Serra.This list may be useful for those looking for affordable housing in Portugal. Low real estate prices in these municipalities may provide more opportunities to buy or rent a home at better rates.

Is it possible to obtain a residence permit in Portugal now?

Obtaining a residence permit in Portugal through the purchase of real estate remains, but not directly, but through funds.

One of the available investment options involves transferring capital equal to or exceeding €500,000 to purchase shares in certain funds.

What is needed to obtain a residence permit in Portugal?

Developers should have open funds to which they invite investors. The investor invests a minimum of €500,000 and receives real estate as collateral. Which, in turn, is the basis for applying for a residence permit in Portugal.

Write to us info@mercuryestate.com and we will promptly advise you on the conditions for obtaining a Portugal Golden Visa, the cost of real estate, rental rates, taxes.

 

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