Real estate in Portugal

67 properties
Apartments and villas in a luxury resort managed by Marriott International 1
Portugal, Albufeira
€1,400,000 — €4,500,000Apartments and villas in a luxury resort managed by Marriott International
square icon194 m² — 386 m²
bed icon3
bathroom icon3
Apartments in a hotel managed by Hyatt 1
Portugal, Lisbon
€860,000 — €2,500,000Apartments in a hotel managed by Hyatt
square icon88 m² — 251 m²
bed icon3
bathroom icon3
Apartments in a luxury residential complex 1
Portugal, Lisbon
€1,900,000 — €3,400,000Apartments in a luxury residential complex
square icon137 m² — 245 m²
bed icon3—4
bathroom icon3—4
Apartments in a 5-star hotel complex with guaranteed rent 1
Portugal, Algarve
€600,000 — €920,000Apartments in a 5-star hotel complex with guaranteed rent
square icon173 m² — 196 m²
bed icon1—2
bathroom icon1—2
Apartments in a hotel complex in the central part of the Algarve 1
Portugal, Algarve
€534,000 — €934,000Apartments in a hotel complex in the central part of the Algarve
square icon82 m² — 135 m²
bed icon1—3
bathroom icon2—3
Villa on a large plot with panoramic mountain views 1
Portugal, Arcos de Valdeves
€390,000+Villa on a large plot with panoramic mountain views
square icon386 m²
bed icon3
bathroom icon3
Two-level villa with a huge plot in a picturesque area 1
Portugal, Braga
€280,000+Two-level villa with a huge plot in a picturesque area
square icon252 m²
bed icon6
bathroom icon2
Renovated villa in Serra da Estrela Natural Park 1
Portugal, Braga
€155,000+Renovated villa in Serra da Estrela Natural Park
square icon135 m²
bed icon2
bathroom icon1
Office space in a prestigious area of Lisbon 1
Portugal, Lisbon
€1,785,000+Office space in a prestigious area of Lisbon
square icon310 m²
Two commercial premises with a lease agreement for 5 years 1
Portugal, Santarem
€625,000+Two commercial premises with a lease agreement for 5 years
square icon501 m²
Furnished villa with pool and jacuzzi 1
Portugal, Evora
€415,000+Furnished villa with pool and jacuzzi
square icon215 m²
bed icon9
bathroom icon8
Restored 18th century manor with a vineyard on the river bank 1
Portugal, Viana do Castelo
€5,500,000+Restored 18th century manor with a vineyard on the river bank
square icon891 m²
bed icon6
bathroom icon6
Commercial space for a restaurant with a terrace in the center of Lisbon 1
Portugal, Lisbon
€397,500+Commercial space for a restaurant with a terrace in the center of Lisbon
square icon156 m²
House with three bedrooms in a secluded quiet area 1
Portugal, Loule
€320,000+House with three bedrooms in a secluded quiet area
square icon99 m²
bed icon3
bathroom icon2
Two-storey villa on a large plot with a vineyard 1
Portugal, Vila Real
€490,000+Two-storey villa on a large plot with a vineyard
square icon283 m²
bed icon4
bathroom icon4
Two-storey villa in a picturesque area of Portugal 1
Portugal, Leiria
€270,000+Two-storey villa in a picturesque area of Portugal
square icon284 m²
bed icon4
bathroom icon2
Commercial space for a restaurant with a tenant 1
Portugal, Odivelas
€335,000+Commercial space for a restaurant with a tenant
square icon174 m²
Two-story building with a tenant in the city center 1
Portugal, Grandola
€450,000+Two-story building with a tenant in the city center
square icon360 m²
Villa with four bedrooms in a quiet area 1
Portugal, Porto
€450,000+Villa with four bedrooms in a quiet area
square icon260 m²
bed icon4
bathroom icon3
Spacious yield guaranteed three-bedroom apartment 1
Portugal, Viana do Castelo
€217,500 — €260,000Spacious yield guaranteed three-bedroom apartment
square icon250 m²
bed icon3
bathroom icon3

Buyer's guide

  • Who can buy real estate

    Portugal has no restrictions on purchasing of real estate: it can be bought by citizens, residents, and foreigners. Residential and commercial properties, as well as plots of land, are available to them.

    The buying process is the same for everyone. A buyer’s first and foremost condition is an Individual Tax Identification Number or NIF. A number like that can be obtained at the tax office. Foreigners obtain NIF through their tax representative in the country.

    Read the article

  • Real estate cost by region

    The cost of 1 m² of residential real estate has been increasing quarterly by an average of 1,9% over the past five years. Eurostat data confirm the dynamic: in the last 12 years, property prices have increased by 70%.

    The average cost of buying real estate in Portugal is €2,590 per 1 m². The regions with the highest residential real estate price per 1 m² are Lisbon (€4,220), Algarve (€3,100), and Madeira (€2,250). Portalegre is part of the Alentejo region — the city with the lowest prices: the average cost of housing there is €635 per 1 m².

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  • Real estate buying process

    Buying a property takes up to six months. The buyer chooses a property from Immigrant Invest’s verified real estate database. Then, they receive a tax number (NIF), sign a promise of sale and purchase agreement and deposit 10—30% of the property price.

    The next step is paying Property Transfer Tax (IMT) at a rate of up to 8% and signing the Deed of Purchase and Sale in the notary’s presence. The notary certifies the contract copies and sends them to the Land Registry office, the tax office, and the land cadastre.

    After registering the property, the buyer receives a Property Registration Certificate — Certidão de Teor — and a title deed.

  • Taxes on property purchase

    Real estate buyers in Portugal pay a one-time transfer tax, stamp duty, and service fees. In total, the expenses amount to 9—11% of the Deed value:

    • the transfer tax is 0—8%;

    • stamp duty is 0.4—0.8%;

    • legal and notarial services for the transaction — 2,5%;

    • registration of ownership — €250.

  • Residence permit through real estate purchase

    Portugal has a Golden Residence Permit Program. In the past, foreign investors could obtain a residence permit by purchasing real estate for at least €280,000.

    In October 2023, the Government of Portugal suspended this option from the Golden Visa program. To get a Portugal residence permit, investors now choose one of five options:

    • supporting arts and restoring cultural heritage — €250,000+;

    • purchase of investment fund units — €500,000+;

    • investments in research activities — €500,000+;

    • business investments — €500,000+ with the creation of at least 5 jobs;

    • opening a company with the creation of at least 10 jobs.

    The condition of buying or renting property in Portugal applies when obtaining a D7 Visa for financially independent foreigners and a Digital Nomad Visa.

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Practical guide to obtaining a Portugal Golden Visa

  • Step-by-step procedure

  • Requirements for applicants

  • Required documents

  • Frequently asked questions and answers

PDF, 36 pages, 12 MB

Property types in Portugal

Studios, apartments, villas, and townhouses are listed for purchase. Investors can also buy shares in hotel complexes, premises for offices and shops, land plots, and marinas. Available properties and real estate projects depend on the selected country and the terms of the investment citizenship or residency program.

Is real estate in Portugal a good investment?

In the past, Portugal allowed property investors to obtain residence permits. A foreigner had to participate in the Golden Residence Permit Program.

In October 2023, the property purchase option of the program was abandoned.

For foreign investors wishing to obtain a residence permit in Portugal, there are 5 investment options available:

  • supporting arts and restoring cultural heritage — €250,000+;

  • purchase of investment fund units — €500,000+;

  • investments in research activities — €500,000+;

  • business investments — €500,000+ with the creation of at least 5 jobs;

  • opening a company with the creation of at least 10 jobs.

Along with fulfilling the investment condition, the investor purchases private medical insurance and pays government fees and program charges, such as a residence permit card issuance charge. The investor must also pass a Due Diligence check.

Foreign investors can buy real estate in Portugal — either for living or renting out. Purchasing or renting property is the main condition for obtaining a D7 Passive Income Visa and a Digital Nomad Visa.

Residential property investments in Portugal provide investors with liquid assets and high incomes. Portugal features higher price dynamics compared to the EU average.

During the last 5 years, real estate prices saw a 1.5 times increase, per the National Institute of Statistics of Portugal and the Eurostat. This means that, on average, property price per square metre increased by 1,9% quarterly.

The high price growth rate characterises three regions of Portugal. As per the National Institute of Statistics of Portugal, during the last 5 years, prices in the Algarve increased by 50%, in the North region — by 55%, and in the Porto metropolitan area — by 65%.

The Portugal residence permit allows holders to travel visa-free across the Schengen Area. After five years of residency, the investor can get Portugal citizenship by naturalisation. Portuguese citizens can visit 172 countries without visas.

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