Low-Density Areas in Portugal for the Portugal Golden Visa Investment

The Portugal Golden Visa

The Portugal Golden Visa is a residency by an investment program that was launched in 2012. As of November 2021, 10,170 residence permits for investment were issued by the Portuguese government.  Out of the 10,170 permits, 9,514 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/ MunicipalityNeighborhoods
ÁguedaUnião das freguesias de Belazaima do Chão, Castanheira do Vouga e AgadãoUnião das freguesias do Préstimo e Macieira de Alcoba
AmaranteAnsiãesCandemil
Gouveia (São Simão)Jazente
RebordeloSalvador do Monte
União das freguesias de Aboadela, Sanche e VárzeaUnião das freguesias de Olo e Canadelo
União das freguesias de Bustelo, Carneiro e Carvalho de ReiVila Chã do Marão
AmaresBouro (Santa Marta)Goães
União das freguesias de Caldelas, Sequeiros e ParanhosUnião das freguesias de Vilela, Seramil e Paredes Secas
CaminhaDemUnião das freguesias de Arga (Baixo, Cima e São João)
Castelo de PaivaUnião das freguesias de Gondar e OrbacémReal
União das Freguesias da Raiva, Pedorido e Paraíso
Condeixa-a-NovaFuradouro
GuimarãesUnião das freguesias de Arosa e Castelões
LouléAlteAmeixial
SalirUnião de freguesias de Querença, Tôr e Benafim
Marco de CanavesesVárzea, Aliviada e Folhada
OurémEspiteUnião das freguesias de Matas e Cercal
União das freguesias de Freixianda, Ribeira do Fárrio e FormigaisUnião das freguesias de Rio de Couros e Casal dos Bernardos
PombalAbiulAnais
Ponte de LimaArdegão, Freixo e MatoAssociação de freguesias do Vale do Neiva
Bárrio e CepõesBeiral do Lima
BoalhosaCabaços e Fojo Lobal
Cabração e Moreira do LimaCalheiros
EstorãosFriastelas
GemieiraGondufe
LabrujaLabrujó, Rendufe e Vilar do Monte
Navió e Vitorino dos PiãesPoiares
Serdedelo
Porto de MósSão Bento
SantarémUnião das freguesias de Casével e Vaqueiros
SilvesSão Marcos da Serra
TaviraCachopoSanta Catarina da Fonte do Bispo
TomarOlalhasSabacheira
União das freguesias de Além da Ribeira e PedreiraUnião das freguesias de Casais e Alviobeira
União das freguesias de Serra e Junceira
Vale de CambraArõesJunqueira
ValençaBoivãoFontoura
União das freguesias de Gondomil e SafinsUnião das freguesias de São Julião e Silva
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