Buying Property in Portugal: The Ultimate Guide for Foreigners

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Suggestion: Watch the 5 minutes video tutorial before reading this article

Have you ever considered becoming a European resident and getting full access to the Schengen area? A property purchase in Portugal can help you to fulfill that goal.

With properties that cost a fraction compared to places like Singapore and China, Portugal offers a high quality of life with a pleasant climate, great food, just next to the Atlantic Ocean.

In this article, I explain the basics when buying property in Portugal as a foreigner.

Topics covered:

Can foreigners buy property in Portugal?

Yes, foreigners have no particular issues to buy properties in Portugal and the prices are still comparatively low.

As a result, we’ve seen many foreign buyers, particularly from Europe and Mainland China, that have entered the market. Portugal is currently one of the five most popular countries for Chinese property investors, for example.

If you buy real estate here as a non-EU citizen, you also have the chance to become a permanent resident, if you reach a certain amount. This is something I will explain more later. Continue reading Buying Property in Portugal: The Ultimate Guide for Foreigners