Many of our clients look to buy property for the golden visa in either Spain or Portugal with the sole intention of renting the property out. Foremost in most investors minds is the kind of return they can make and the ease to which the property can be rented on their behalf. Spain is difficult in terms of guaranteed rentals, you need to appoint a managing agent to find clients and manage the rental without any assurance of rate or occupation.
However we have found in Portugal a guaranteed rental product that is available on Portugal’s most prestigous golf resort. Located right on the beach investments on this resort range from €600,000 – €1,300,000. All offer a rental return of 4% per annum for 5 years. Importantly the prestige of this long established resort will underpin the rental for many years after that. The property and rental is managed entirely by the resort. Owners can use the property for 8 weeks a year. Ideal for two weeks vacation in order to maintain the golden visa.
After the first year the investor visa in Portugal can be renewed every two years provided the property investment is retained. After 6 years the owner can apply for citizenship.
Anyone interested in obtaining further details on this please use the contact form below: