Portugal Real Estate Remains Tempting On Price | FFA Real Estate
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Portugal Real Estate Remains Tempting On Price

Mon, 2016-09-19 10:27 -- admin

Ranking among Europe’s ten cheapest countries for real estate purchases, Portugal continues to be attractive to investors. A recent study by the Portuguese Association of Real Estate Professionals and Companies, APEMIP, tracked real estate prices per square meter between 2013 and 2015 in the centers of major European cities. Portugal’s average of 1963 euros/m2, although having risen from 1741 euros/m2 in 2013, is still among Europe’s cheaper options when compared to the average price per meter in the UK (25,575 euros), France (13,639 euros), Italy (5930 euros) and even neighboring Spain (3,442 euros). Europe’s most expensive place, according to APEMIP data, is Monaco at 44,522 euros/m2.

Commenting on Portugal’s ranking in the study, APEMIP President Luis Lima, said, "In view of the nation’s housing stability and its growth potential, coupled with the price per square meter, Portugal remains very attractive to foreign investors." Figures released by APEMIP for the first quarter of 2016 certainly support this, indicating that 20% of real estate purchases were made by foreigners during this period. Just over a quarter of these purchases by foreigners were attributed to French nationals, with a healthy 13% made by Chinese, who, as non EU citizens, benefit from Portugal’s Golden Visa scheme, which rewards real estate investments above 500,000 euros with a fast track to a fully valid residency permit and related benefits including visa-free travel to EU Schengen countries.

FFA Real Estate’s Global Citizenship Team specializes in connecting investors with real estate opportunities that offer citizenship programs, and in the case of Portugal has created a price synergy scheme for investment in Braamcamp Building calculated on the visa process. Braamcamp Building is located in Lisbon, within the vicinity of one of the capital’s most prestigious thoroughfares, the Avenida Da Liberdade. Investing in a luxurious apartment in Braamcamp Building not only allows the investor to enter the Golden Visa program but also to benefit from a rental guarantee for their prime piece of real estate.

If you would like to invest in Portugal, FFA Real estate has its very own residential building in the center of Lisbon on rua Braamcamp, a very prime location. For more information on the project, click here.