Apartments in Portugal

A chance to get a Portugal residence permit. Portugal has a state investment program — the Golden Residence Permit Program. To participate in it and get a residence permit for investment, you need to buy either an apartment older than 30 years for restoration, for a minimum price of €350 000 or a new apartment for at least €500,000. 

Residence permit holders can live, work, study and travel in Portugal. They can also enter other Schengen Area countries without a visa. After 5 years of living in the country as a resident, the investor can apply for Portuguese citizenship.

Porto is the second largest city in Portugal. Real estate here is slightly cheaper than in Lisbon but more expensive than in other cities — about €2,400 per 1 m². Studio and small one-bedroom apartment prices in Porto start at €200,000.

Algarve is a coastline region in the south of Portugal. Residential real estate prices here are only 10—15% lower than in Lisbon and Porto. The average property price in Algarve is €2,100 per 1 m².

Lisbon is the business and cultural centre of Portugal with the most expensive real estate in the country. Average Lisbon real estate prices are €200,000 for a one-bedroom apartment,  €350,000 for a two-bedroom apartment, and €500,000 for a three-bedroom apartment.

The most affordable apartments are located in the central cities of Portugal, such as Viseu, Braganza, Guarda, and Castelo Branco. There, the average prices are €32,000 for a one-bedroom apartment of 40 m², and €70,000 for a three-bedroom apartment. Azores also have affordable real estate. There, the average cost of a one-room apartment is €36,000.