Originally published at: Low Density Areas in Portugal For The Portugal Golden Visa
The Portugal Golden Visa
The Portugal Golden Visa is a residency by an investment program that was launched in 2012. As of July 2020, 9015 residence permits for investment were issued by the Portuguese government. Out of the 9015 permits, 8487 were for Real Estate Purchasing making it the most popular investment option for the Golden Visa.
The usual minimum investment threshold for real investment is €500,000. If you acquire a 30 year old property and renovate it, then the threshold falls down to €350,000. However, the Portuguese government offers a reduction if you invest in a low-density population area.
Low-Density Areas
To prevent a real estate bubble from happening, the Portuguese government offers a 20% reduction on the minimum investment required.
So why isn’t this the most popular option? Well, while it is a significant reduction in the minimum investment, you must remember that real estate in low-density areas is harder to rent or sell.
Besides, there are fewer options for real estate in the lower-density areas. Most of Portugal’s population is in or around its large cities, which means that real estate outside of these areas might not yield a solid return on investment.
This option is usually taken advantage of by those who wish to retire in Portugal, and prefer to live somewhere away from the noise of the big cities.
Where are the Low- Density Areas in Portugal?
Below you can find a table of all the low-density areas in Portugal as of 2020:
| City/ Municipality | Neighborhoods | |
|---|---|---|
| Águeda | União das freguesias de Belazaima do Chão, Castanheira do Vouga e Agadão | União das freguesias do Préstimo e Macieira de Alcoba |
| Amarante | Ansiães | Candemil |
| Gouveia (São Simão) | Jazente | |
| Rebordelo | Salvador do Monte | |
| União das freguesias de Aboadela, Sanche e Várzea | União das freguesias de Olo e Canadelo | |
| União das freguesias de Bustelo, Carneiro e Carvalho de Rei | Vila Chã do Marão | |
| Amares | Bouro (Santa Marta) | Goães |
| União das freguesias de Caldelas, Sequeiros e Paranhos | União das freguesias de Vilela, Seramil e Paredes Secas | |
| Caminha | Dem | União das freguesias de Arga (Baixo, Cima e São João) |
| Castelo de Paiva | União das freguesias de Gondar e Orbacém | Real |
| União das Freguesias da Raiva, Pedorido e Paraíso | – | |
| Condeixa-a-Nova | Furadouro | – |
| Guimarães | União das freguesias de Arosa e Castelões | – |
| Loulé | Alte | Ameixial |
| Salir | União de freguesias de Querença, Tôr e Benafim | |
| Marco de Canaveses | Várzea, Aliviada e Folhada | – |
| Ourém | Espite | União das freguesias de Matas e Cercal |
| União das freguesias de Freixianda, Ribeira do Fárrio e Formigais | União das freguesias de Rio de Couros e Casal dos Bernardos | |
| Pombal | Abiul | Anais |
| Ponte de Lima | Ardegão, Freixo e Mato | Associação de freguesias do Vale do Neiva |
| Bárrio e Cepões | Beiral do Lima | |
| Boalhosa | Cabaços e Fojo Lobal | |
| Cabração e Moreira do Lima | Calheiros | |
| Estorãos | Friastelas | |
| Gemieira | Gondufe | |
| Labruja | Labrujó, Rendufe e Vilar do Monte | |
| Navió e Vitorino dos Piães | Poiares | |
| Serdedelo | – | |
| Porto de Mós | São Bento | – |
| Santarém | União das freguesias de Casével e Vaqueiros | – |
| Silves | São Marcos da Serra | – |
| Tavira | Cachopo | Santa Catarina da Fonte do Bispo |
| Tomar | Olalhas | Sabacheira |
| União das freguesias de Além da Ribeira e Pedreira | União das freguesias de Casais e Alviobeira | |
| União das freguesias de Serra e Junceira | – | |
| Vale de Cambra | Arões | Junqueira |
| Valença | Boivão | Fontoura |
| União das freguesias de Gondomil e Safins | União das freguesias de São Julião e Silva |