Portugal

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FEATURED Portugal LISTING Location : Monchique, Algarve Property Type: Commercial Property Terms: For Sale Local Currency Price: 2.600.000 euros Price in USD: $2,722,880 Share this property:

Portugal is located in Southwestern Europe, borders Portugal and is a very populat tourist desination worldwide. Portugal is affectively the part that meets the Atlantic Ocean on the Iberian Peninsula, is part of the EU and has a very diverse scenary from the mountains to the endless beaches and rolling plains.

Portugal is one of the warmest European countries, the annual temperature averages in mainland Portugal are 13 °C (55 °F) in the north and 18 °C (64 °F) in the south.

Portugal is with property buyers due to its pleasant climate, rich culture, relatively affordable property prices (compared to other European countries), and favorable tax policies for foreign investors. Whether you're looking for a second home, an investment property, or a place to retire, Portugal offers a variety of options depending on your budget and preferences.

Portugal offers a Golden Visa program, allowing non-EU citizens to obtain a residence permit by investing in property. To qualify, you need to invest at least €500,000 (or €350,000 for properties in need of renovation or in low-density areas). The program provides the possibility of permanent residency after five years, with no need to live in Portugal full-time.