Considered one of the world’s most attractive cities to live and invest in, Lisbon has been named the ‘Best City Break Destination’ by the World Travel Awards for three years in a row since 2017. Host to the largest technology conference in the world, Web Summit, since 2016, the city will see an additional €2bn being added to the economy over the next decade. Offering many incentives and opportunities for entrepreneurs, Lisbon is also widely known for its unbeatable quality of life.
Highlights:
Huge potential for capital gain. Prices are rising in Lisbon, yet well-located properties still have enormous potential for capital gain. When compared to values in other major European capitals, the average price per sqm in Lisbon is still low, especially considering the continued public and private investment pouring into everything from infrastructure to businesses. With tourism having risen by over 50% between 2012 and 2019, the demand for short and long-term rentals keeps rising, with major new business centres being added to the city.
One of the most attractive programs in the world with a five-year investment-based Residency program for non-EU nationals.
Recent developments
▪ Current investment requirements are valid till Jan, 2022
▪ After January 1st, 2022, changes will happen and the minimum required amount in Fund investments will be increased to €500.000.
▪ Geographical limitations for direct real estate investments will be in force
Possibility to get residency starting from €356.000 investment only
A simple process for investing in the Fund and to become eligible for Golden Visa
Interested in learning more? Contact Eddie O’Sullivan for more information.
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David's East Bay experience, creativity, and dedication to his clients made him a perfect fit for Elevation Real Estate
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