European real estate investment rebounds: Portugal's golden visa restart attracts Chinese buyers
Recently, the European real estate market has shown obvious signs of recovery, especially the restart of the Portuguese golden visa project, which has attracted the attention of a large number of Chinese buyers. This article will combine popular topics and structured data across the entire network for the past 10 days to analyze the reasons and investment opportunities behind this trend.
1. Background of Portugal’s Golden Visa Restart
The Portuguese government announced the restart of the golden visa project in early 2024, aiming to attract overseas funds through real estate investment. The project allows non-EU citizens to obtain residence rights by purchasing property and ultimately apply for permanent residence or citizenship. Here are the main investment thresholds for Portugal’s Golden Visa:
| Investment Type | Minimum amount (Euro) | Remark |
|---|---|---|
| Real estate investment (urban area) | 500,000 | Lisbon, Porto, etc. |
| Real estate investment (remote areas) | 350,000 | Algarve et al. |
| Fund investment | 500,000 | Need to lock in for 5 years |
2. Why do Chinese buyers prefer Portuguese real estate?
According to search data in the past 10 days, Chinese buyers' attention to Portuguese property rose 35% year-on-year. The main reasons include:
1.Policy Advantages: The Portugal Golden Visa approval speed is fast, usually approved in 6-12 months, and the whole family is allowed to immigrate.
2.Real estate value-added potential: House prices in core cities such as Lisbon have increased by 7% in the past five years, and the rental return rate has remained stable at 4-6%.
| City | Average housing price in 2023 (Euro/㎡) | 5 years of increase | Rent return rate |
|---|---|---|---|
| Lisbon | 5,200 | 37% | 5.2% |
| Porto | 3,800 | 28% | 4.8% |
| Algarve | 2,900 | twenty two% | 6.1% |
3.Quality of life: Portugal has good security, pleasant climate, and high English penetration rate, making it suitable for Chinese families to settle down.
3. Real estate investment trends in other European countries
In addition to Portugal, other European countries also showed signs of recovery in investment:
| nation | Popular projects | Minimum investment amount (Euro) | Chinese buyers account for |
|---|---|---|---|
| Greece | Golden Visa | 250,000 | 42% |
| Spain | Investment Residence | 500,000 | 18% |
| Ireland | Investment immigration | 1 million | 9% |
4. Investment advice and risk warnings
1.Location selection: It is recommended to give priority to core cities such as Lisbon and Porto. Although the investment threshold is high, the liquidity is better.
2.Tax Planning: Portugal has a 10-year tax exemption policy for overseas income, but it is necessary to understand the details of property tax, capital gains tax and other details in advance.
3.Policy risks: European immigration policy may be adjusted at any time, and it is recommended to lock in the existing policy as soon as possible.
4.Exchange rate fluctuations: Pay attention to changes in the euro-renminbi exchange rate and appropriately hedge risks.
V. Conclusion
With the recovery of Europe's economy and the optimization of immigration policies, real estate investment in countries such as Portugal is ushering in a new round of boom. Chinese buyers have become important participants in this market due to their need for overseas assets. Investors need to carefully select investment targets based on their own needs and pay close attention to policy trends.
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