Golden Visa Investors see Price Gains

sottomayor

Sottomayor Residences Lisbon

Investors in the early days of Portugal’s Golden Visa programme will have seen average rises of over 10% in their investments according to the latest government figures.

Property prices in Portugal rose 5.1% in the first quarter of 2016 compared to one year ago. Prices are on average 10.2% higher than the first quarter of 2013 back at the start of the visa investment programme.

The golden visa programme has seen around 5,000 applicants invest in property in Portugal, mainly in Lisbon, since its inception in 2012.

Central Lisbon developments such as Sottomayor close to the Avenida de Liberdade are experiencing strong demand from international investors seeking the investor visa.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s