Please note: Residence-by-Investment in Portugal and Economic citizenship programs are subject to frequent changes. Be sure to refer to us for the latest updates.
Are you looking for a villa or some other property in Portugal, which would allow you to obtain a Portuguese Golden Visa? Have a look at the 9 superb offers that we recommend in the nicest neighborhoods of Lisbon in 2021. Each of these offers deserves your attention because of their excellent value for money.
But you should hurry up. The opportunity to apply for the residence-by-investment in Portugal in the coastal and metropolitan areas of Lisbon and Porto will terminate in January 2022. Why so?
The Portuguese authorities have been issuing Golden Visas since 2012. For nearly a decade, it has been the most popular economic residence program in Europe. This policy has allowed Portugal to attract almost 6 billion euros in direct foreign investment in the national economy (as of March 2021) after the global financial crisis of 2008. Thus Golden Visas have become a vital solution in the overall revival of Portugal while helping foreign investors achieve their personal and corporate goals.
Portuguese residence permits come with fantastic perks. Golden Visas are available to non-Swiss nationals as well as citizens of countries outside the EU and EEA. Applicants are thoroughly screened to meet the Due Diligence mandatory requirements, so applications from persons with a criminal record are rejected.
The Golden Visas are available through the following economic opportunities:
- direct investment in real estate
- investment in a venture capital fund
- solid deposits in a Portuguese bank
- establishment of a Portuguese company that creates at least 5 new jobs
- investments in research projects, eco-projects, or national cultural heritage protection projects.
The most popular option is the purchase of a new residential real estate. The minimum target is set at EUR 500,000 to be invested in a property in highly densely populated/highly developed areas, and EUR 400,000 in regions with low population density/low economic development.
Please note: The Golden Visa Portugal is one of the most popular residence-by-investment programs in Europe. It comes with many perks, including the chance to buy very attractive resort villas. The applications for property investment in the coastal and metropolitan areas of Lisbon and Porto are accepted only till January 2022.
As the Golden Visa Portugal program rolled out, it turned out that the demand for residence by real estate investment was growing too high. Foreign investors overheated the housing markets of major Portuguese cities, aggravating the housing problem of the native citizens in this European country. Under the pressure of popular criticism, the authorities decided to impose a limit on the issuance of Portugal residence permits for investors in major cities and coastal hotspots. Instead, foreign investment in low-density regions will be encouraged. This change will come into force on January 1, 2022, so you should hurry up if you are going to buy the most attractive and promising property.
The imminent program reorientation to less profitable areas means that you should hurry up to take the double advantage of the Golden Visa Portugal still allowing investments in the tempting neighborhoods of Lisbon, Porto, and the Algarve, as well as in the coastal areas of Setubal and the Silver Coast before such an opportunity expires.
To simplify the InternationalWealth readers’ search for a villa in an excellent location in Portugal, our team has picked up the 9 top-class offers in the most attractive areas of Lisbon.
A three-bedroom villa in Portugal (Aroeira) – EUR 535,000
Are you looking for a pretty villa to bask in the sunlight on the nearby beach during your holidays, let it out to tourists, or just relax in your luxury home not too far from the excitement of Lisbon? Aroeira is your perfect option. Located 20 kilometers south of the Portuguese capital, the village offers quick access to beach resorts and numerous popular public facilities. The romantic Aroeira area enjoys a quiet setting close to the beautiful beaches of Costa da Caparica, as well as the major roads leading to Lisbon and Setubal (A33 and A2).
The three-bedroom villa in Portugal described below is part of this friendly community of peace and tranquility. At the same time, there is a large number of shopping centers, several supermarkets, quality restaurants, Herdade da Aroeira golf courses (2 km), several gyms, schools of surfing and tennis, dance academies, music schools, yoga centers, equestrian Lounge/sitting rooms. If you have kids, you will certainly appreciate the proximity of the villa to elementary schools (Escola Básica Carlos Gargaté / Escola Básica Louro Artur) and several colleges (Colégio Imaginário / Colégio Guadalupe / Colégio do Vale).
This modern 3-bedroom villa in Portugal belongs to the Aroeira Village II cluster, designed by renowned architect Miguel Saraiva. Built in 2012, the property is in immaculate condition. The current owner uses it as a holiday resort home.
The property features the 2-story building with a total floor space of 165m2 built on the 400-square-meter land plot including a secluded garden, a private swimming pool, and a nice barbecue area.
The first floor: the lounge/sitting room, high ceilings, a fully equipped kitchen, access to the laundry room and the indoor garage for one car (it is possible to park another car inside the parking lot in front of the garage). The second floor: 3 bedrooms with built-in closets.
| Floor space: | 165 square meters |
| Land plot: | 400m2 |
| Total price: | EUR 535,000 |
| Price per square meter of the floor space: | EUR 3,242 |
| Year of construction: | 2012 |
| Floors: | 2 |
| Bedrooms: | 3 |
| Bathrooms: | 3 |
| Lounge/sitting room: | Yes |
| Balconies: | Yes |
A three-bedroom villa in Portugal (Aroeira) – EUR 539,500
The 3-bedroom villa in Aroeira with a floor space of 168.74m2 rests on a plot of 315m2, including a swimming pool and a garage. This newly built property (2019) is under warranty from the developer. This benefit allows the new owner at the time of purchase to perform a complete painting of the house for free (both the interior and the exterior).
In-roof solar panels are a special benefit. Each bedroom has a private bathroom. Other niceties include the nearby golf course and beaches, pharmacies, stores, restaurants, public transport stops.
| Floor space: | 139m2 |
| Land plot: | 315m2 |
| Total price: | EUR 539,500 |
| Price per square meter of the floor space: | EUR 3,881 |
| Year of construction: | 2019 |
| Floors: | 2 |
| Bedrooms: | 3 |
| Bathrooms: | 3 |
| Lounge/sitting room: | Yes |
| Balconies: | Yes |
A three-bedroom villa in Portugal (Aroeira) – EUR 575,000
This villa in the community of Aroeira in Portugal is located on a quiet one-way street. It makes a statement due to the modern elegant exterior in contemporary design with clean lines. The construction of this facility was completed in September 2019. The warranty is valid until 2024.
Most of the windows are oriented to the east and west, allowing you to enjoy stunning sunrise/sunset views. The first floor: an open-space living room with a lounge/sitting space (55m2) and a kitchen of 20m2, equipped with Teka appliances; a guest bathroom. The second floor: a master bedroom of 20m2, a pantry and a bathroom with a terrace, 2 bedrooms of 13.5m2 – each with built-in closets and exits to the outer balcony.
Modern conveniences and smart technologies: underfloor heating, Daikin Stylish air conditioning, electric blinds with a master switch at the entrance, LED lighting, an armored door, a water heater, a video intercom, a video surveillance/security system (alarm system), home automation systems, fiber-optic internet connection. The plot includes a garage for 3 cars, a private saltwater swimming pool.
| Floor space: | 153m2 |
| Land plot: | 317m2 |
| Total price: | EUR 575,000 |
| Price per square meter of the floor space: | EUR 3,737 |
| Year of construction: | 2019 |
| Floors: | 2 |
| Bedrooms: | 3 |
| Bathrooms: | 3 |
| Lounge/sitting room: | Yes |
| Balconies: | Yes |
A four-bedroom villa in Portugal (Aroeira) – EUR 685,000
This handsome 4-bedroom villa is part of the Aroeira Village II cluster of 22 premium villas located in the community of Aroeira. The building was constructed in 2014. The total floor space is 270m2.
The villa is part of a 400m2 plot featuring a garden, a secluded yard with a private pool, and a barbecue area.
2 floors.The first floor: a spacious living room of 40m2 with a fireplace and a fully equipped kitchen of 15m2; the laundry room and indoor garage for one car (another car can be parked on the parking lot in front of the garage). The second floor: 3 bedrooms with built-in closets.
This villa also features a guest room, a kids playroom, a wine cabinet, and a bar. Modern conveniences include electric underfloor heating, air conditioning, a central vacuum dust extraction system, motorized blackout curtains, an alarm system, PVC window frames, a 300-liter water heater with integrated heat pump, a water supply well.
| Floor space: | 270m2 |
| Land plot: | 400m2 |
| Total price: | EUR 685,000 |
| Price per square meter of the floor space: | EUR 2,537 |
| Year of construction: | 2014 |
| Floors: | 2 |
| Bedrooms: | 4 |
| Bathrooms: | 4 |
| Lounge/sitting room: | Yes |
| Balconies: | Yes |
A four-bedroom villa in Portugal (Ericeira) – EUR 635,000
The iconic fishing village of Ericeira has been actively developing over the past century. In the twentieth century, due to the growing demand for summer vacations in the region, this locality on the Atlantic coast has become a popular resort destination with the signature homely atmosphere.
Located just about 50 kilometers from Lisbon, Ericeira is very popular as a beach holiday destination in the summer and is recognized as one of the best surfing locations in Europe. The beach of Ribeira d’Ilhas is particularly famous, as this is where one of the stages of the World Surfing Championship is held annually.
The local community is also famous for many nice restaurants, cafes, and eateries offering quality service. A stroll through Ériceira is an excellent opportunity to sample a variety of fresh fish and other seafood dishes while enjoying the gastronomic delicacies of the region.
Readers of InternationalWealth should not miss the unique chance to buy a villa in this attractive place in Portugal. Such an investment can pay back very soon and even generate new profit if you decide to let it out on a short-/long-term lease or even on the AirBnB plan.
For example, we recommend a fantastic four-bedroom villa with a heated swimming pool.
The villa is in the perfect condition. It is located in a quiet residential area close to the beaches of Ericeira. The villa in Portugal was designed as a great family holiday place. The spacious lounge/dining room with a fireplace is next to the fully equipped kitchen.
The first floor: the above-mentioned dining room with a kitchen, a laundry room, a storage room, and a bathroom. The second floor: four bedrooms, one bathroom. The fireplace and the heating system powered by a diesel generator provide the necessary comfort even on the coldest days. The property features a detached garage, a barbecue area, a well-kept garden, and a fantastic heated saltwater pool.
Several restaurants are just within a 5-minute walk and pharmacies within a 4-minute walk from this villa. Supermarkets, health clinics, and beaches can be reached in 5 minutes by car. The property is a 4-minute drive from the center of Ericeira, 40 minutes to the center of Lisbon. The Lisbon International Airport can be reached in 34 minutes by car.
| Floor space: | 300m2 |
| Land plot: | 567m2 |
| Total price: | EUR 635,000 |
| Price per square meter of the floor space: | EUR 2,117 |
| Year of construction: | 2006 |
| Floors: | 2 |
| Bedrooms: | 4 |
| Bathrooms: | 3 |
| Lounge/sitting room: | Yes |
| Balconies: | Yes |
A four-bedroom villa (under construction) in Portugal (Ericeira) – EUR 750,000
We also recommend a modern villa next to the Atlantic Ocean in the village of Ericeira. The building is currently under construction. It is designed by modern architectural canons – with an elegant façade, clear lines, gorgeous glass elements.
Nested 700 meters from the coast in a new residential complex with well-appointed public areas, this villa features spacious rooms, smart zoning, direct access to the garden and the swimming pool right in front of the house.
The villa has 4 bedrooms, including 3 bedrooms with fully equipped private bathrooms. Other benefits include a fully equipped kitchen with an island and direct access to the laundry room.
The villa with a total floor space of 219m2 is currently under construction. It is a 5-minute drive from popular restaurants, beaches, pharmacies, supermarkets, clinics. Shopping centers are a 17-minute drive away, and Lisbon or Cascais can be reached in 50 minutes by car. It takes just 35 minutes by car to get to Lisbon International Airport.
| Floor space: | 219m2 |
| Land plot: | 330m2 |
| Total price: | EUR 750,000 |
| Price per square meter of the floor space: | EUR |
| Year of construction: | 2021 |
| Floors: | 3 |
| Bedrooms: | 4 |
| Bathrooms: | 5 |
| Lounge/sitting room: | Yes |
| Balconies: | Yes |
A four-bedroom villa in Portugal (Aboboda / São Domingos de Rana) – EUR 690,000
Located in the Aboboda district of São Domingos de Rana, not far from the center of Lisbon, this 4-bedroom villa offers the privacy and comfort of a modern home: an equipped seating area, a swimming pool, a garden, and a barbecue area. Among other advantages are the high-quality interior design and fit-out materials. The project includes solar panels, air conditioning, electric blinds, and the installation of automatic watering in the garden.
This villa in Portugal is located in a quiet residential area, close to many public facilities and shops, schools, and public transport. The A5 motorway exit is 7 minutes away by car. The business district with numerous business centers of the municipality of Oeiras is 15 minutes away. 16 minutes by car is enough to get to the beaches of Cascais. It takes about 20 minutes by car to get to Lisbon International Airport.
The first floor: the entrance hall and a lounge/sitting room with a fireplace, exit onto a large veranda; a fully equipped kitchen and a bathroom. The second floor: a hall, 3 bedrooms (one with a terrace), 2 bathrooms. The garage is for 2 cars. 11 minutes by car is enough to get to Oeiras Train Station.
| Floor space: | 154m2 |
| Land plot: | 330m2 |
| Total price: | EUR 690,000 |
| Price per square meter of the floor space: | EUR 4,481 |
| Year of construction: | 2011 |
| Floors: | 3 |
| Bedrooms: | 4 |
| Bathrooms: | 4 |
| Lounge/sitting room: | Yes |
| Balconies: | Yes |
A three-bedroom villa in Portugal (Alcabideche / Cascais) – EUR 690,000
Alcabideche is part of the resort municipality of Cascais, not far from Lisbon. Local real estates are very promising in terms of the possible future lease to tourists during the holiday season.
Please consider a superb three-bedroom villa in Portugal, located in Alcabideche. The 3-story building with classic finishes, an efficient heating system, and electric shutters is located on a plot of 500m2.
The first floor: a 17m2 lobby, an ideal fully equipped kitchen with a large fireplace (a heat recovery system), and a dining area. On this floor, there is also 1 bedroom and 1 bathroom, as well as a lounge of 35m2 with a fireplace.
The second floor: two bedrooms with a balcony and built-in closets, a bathroom, and a master bedroom with south-facing windows. The master bedroom has a private bathroom with a Jacuzzi, as well as a roomy pantry with plenty of storage space.
There is access to a large 62m2 attic with high ceilings and windows that are big enough for natural daylight illumination.
The building and fit-out materials used in the decor of the villa are of the highest quality. The flooring in the rooms is natural wood, in other rooms – marble. Cabinets are made of oak.
The basement is a spacious room with a typical fireplace for the region, an additional bedroom. It is possible to fit a kitchen and a bathroom in the basement, as well as add a separate exit, which would make the basement room completely independent of the rest of the villa.
The south side of the property has a garden with fruit trees, direct access to the kitchen. On the plot, there is a barbecue area with a place for washing dishes and a wood-burning stove. There is a zone for building a swimming pool (with electricity and water supply/sewerage available). There is enough space to build a solarium. There are two access roads to the site, a 17m2 indoor garage with an electric gate.
This villa is located in a very quiet residential area. It is conveniently placed in proximity to public transport, educational institutions (including an international school).
The building is a 5-minute drive from Cascais Shopping Mall and the highway connecting Cascais and Lisbon. The property is a 12-minute drive from the center of Cascais, and a 25-minute drive from the center of Lisbon. In the neighborhood, there are more than a dozen shopping facilities, including supermarkets, fruit stores, butchers. restaurants, pastry shops, banks, pharmacies.
| Floor space: | 238m2 |
| Land plot: | 500m2 |
| Total price: | EUR 690,000 |
| Price per square meter of the floor space: | EUR 2,899 |
| Year of construction: | 2003 |
| Floors: | 3 |
| Bedrooms: | 3 |
| Bathrooms: | 3 |
| Lounge/sitting room: | Yes |
| Balconies: | Yes |
Expert support for residence-by-investment applicants buying villas in Portugal
You are welcome to contact the InternationalWealth team of experts on real estate and residence-by-investment programs if you want to find the perfect villa in Portugal and apply for a Golden Visa before the current rules for Portuguese residence permits are changed.
Book your private consultation right now by writing to our e-mail address given at the top of this page.
What are the benefits of the Portuguese Golden Visas for buyers of villas in Portugal?
The holder of the Golden Visa (residence permit) Portugal is allowed to visit the host country and any of the Schengen countries without having to obtain a visa in advance. This status also gives you the right to live and work in Portugal. The cherry on the cake is the possibility of including close relatives in the application for a residence permit through the mechanism of family reunification. After you fulfill the conditions of the program (non-exit from investment, compliance with the census of sedentariness) for five consecutive years, you can apply for Portuguese citizenship.
What are the conditions for renewing the Portuguese residence-by-investment permit?
First, it is necessary to assume an obligation to retain ownership of the asset acquired under the registration of the Golden Visa during the period of the investor’s residence. Secondly, the investor must provide proof that he/she has stayed in Portugal for at least 7 consecutive days or at random during the first year of residence and for 14 consecutive days or at random during the subsequent two-year period. After the golden visa is issued, it is valid for one year, and the residence permit should be extended after every subsequent 2-year period. For more details, please refer to our experts.
What tax benefits does the Golden Visa provide?
Investors who receive a Portuguese Golden Visa can also be considered potential beneficiaries of the RNH (Residente Não Habitual) tax residency regime. Persons who have not been Portuguese tax residents during the previous five-year period and are applying for the corresponding status having spent in Portugal more than 183 days in a calendar year (coincides with the tax year), are entitled to take advantage of fiscal incentives. The investor is entitled to the benefits of the RNH program for the first 10 years from the moment when he first receives a Portuguese fiscal residency.
