Throughout history, Portugal has forged close links around the world, from Great Britain to Africa and Asia to the Americas.
Once it monopolised the global spice trade; now, this beautiful country offers international investors lucrative opportunities in property.
Colourful Portuguese houses border the beach in the former fishing village of Carvoeiro
International buyers opt to acquire a Golden Visa via Portugal property investment for many reasons. The opportunity to apply for Portuguese nationality and ultimately, an EU passport, is made more attractive by low property prices and low living costs. This means that the €500,000 property investment required to secure a Golden Visa will guarantee you a spectacular property. There are numerous incentives on inheritance tax, rental income tax and capital gains tax for overseas buyers too. The regime for non habitual tax residents - with a flat income tax rate of 20% for specific Portuguese income sources - also plays its part in attracting savvy investors.
If you’re wondering where in Portugal to invest, Winkworth International recommends Carvoeiro property. A former fishing village in the central Algarve region, Carvoeiro is all about convenience. This is a crucial factor if you invest in a second property or a long-term home. As an established destination for overseas buyers, English is widely spoken here and whether you’re looking for a pool cleaner or a private caterer, a thriving service industry operates all year round. Carvoeiro’s central Algarve location also make it equally easy to drive east to Faro International airport, or west to the secluded western Algarve.
A view of the fairway at Gramacho championship course, where you can invest in your handicap and a golf resort villa
For all its practicality Carvoeiro is long on luxury too, with a host of restaurants, shops and Tripadvisor's 18th best beach in the world - Marinha beach. The Algarve’s legendary golf is readily available at Carvoeiro with the Gramacho championship course (pictured above) boasting exceptional play for golfers of all capabilities. For marine-life enthusiasts, bottlenose dolphins can often be seen swimming near the coastline.
A four bedroom gated villa with pool and blue-sky views just a short walk from Carvoeiro centre
Carvoeiro is an excellent example of The Algarve’s warm climate, breathtaking sea-views and renowned hospitality, so if you’d like to know the neighbourhood better, take a look at our villas for sale in Carvoeiro. You’ll find splendid gated properties (like the one pictured above), golfing villas and well-maintained townhouse developments. Whether you’re a British buyer looking for a stunning second home, an expat retiring from an overseas career, or an international investor seeking an EU passport, you’re sure to find what you’re looking for in Carvoeiro.
For more information about Portugal property and the Golden Visa, contact the Winkworth International Portugal office.