Investment

Portugal Golden Visa Real Estate in Penacova:
Your Last Opportunity

Portugal Golden Visa Real Estate in Penacova is an unprecedented opportunity for investors who aspire to obtain Portuguese residency while investing in a thriving real estate market. This is a limited-time chance, as the Golden Visa program in Portugal is set to change, with new laws already signed and waiting to come into effect.

Get Detailed Info →
Location

Location and Local Amenities

Scenic view of Penacova, Portugal

Unique Investment Opportunities in Penacova

Situated in the historic heart of Penacova, the up-and-coming real estate project is a golden opportunity for discerning investors. The demand for Portuguese real estate has been on the rise, and properties in regions like Penacova offer promising returns (Source).

This vibrant region offers more than just a real estate investment; it’s a gateway to a rich and diverse Portuguese lifestyle. Nestled amidst nature and a stone’s throw away from the bustling city of Coimbra, Penacova is the perfect blend of tranquility and modern amenities.

The Advantages of Choosing Penacova

Penacova, only 20 km away from Coimbra, boasts ease of access via two main routes: IP3 and IC6. As an investor, you’re not just investing in property but also in a lifestyle steeped in Portuguese history and culture.

For those seeking an active lifestyle, the nearby Mondego River offers a multitude of activities. Penacova is also known for its local sights like the Penedo do Castro viewpoint and Lorvan Monastery, further enriching the experience of living here (Source).

Moreover, Penacova provides a quaint small-town feel with the convenience of urban amenities. Cafes, restaurants, and a pharmacy are all within walking distance.

Details

Building Details and Project Description

Our multi-storey house, spanning four floors, is designed for optimal living space across three levels. The icing on the cake? A large, luxury terrace offering a breathtaking view of the picturesque surroundings. This floor can also be converted into a living area if needed, though this isn’t included in the current price.

The restoration of the building will align with the approved project standards. Immerse yourself in the architects’ vision with approved floor plans and a 3D visualization. As this is a project-stage object, it’s exempt from an energy rating.

Featuring two distinct layout designs, the property demonstrates spatial versatility and the ability to cater to varying tastes and needs. It’s a seamless fusion of history and modern comfort, making it an unbeatable investment opportunity.

penacova-plans 3D visualization

Not just photographs, but a peek into the future; that’s what the images presented here offer. Expertly crafted 3D visualizations give a highly accurate representation of the final project. Take a virtual step inside to imagine the revitalized living spaces, thoughtful layouts, and beautiful finishes.

BASEMENT FLOOR:

1st Terrace: 30.72 m2
Atrium: 7.23 m2
Living room: 30.62 m2
Kitchen: 18.51 m2
Pantry: 1.10 m2
Social toilet: 3.00 m2

1ST FLOOR:

2nd Terrace: 7.08 m2
Pantry: 4.83 m2
Room 1: 19.34 m2
Room 2: 16.33 m2
Room 3: 21.56 m2
Auxiliary toilet: 6.69 m2

2ND FLOOR:

3rd Terrace: 24.15 m2
Hall: 4.90 m2
Bedroom 4: 16.35 m2
Room 5: 21.51 m2
Auxiliary toilet: 6.69 m2

3RD FLOOR:

4th Terrace: 19.76 m2
Hall: 3.65 m2
Room 6: 23.50 m2
Toilet: 7.46 m2

Price and Conditions

Available for an investment of €329,000, this opportunity extends beyond a simple property purchase in Portugal. It’s a fully approved architectural venture where the price includes project completion, from construction to furnishing. You can even personalize finishing materials within the project estimate, adding a unique touch to your investment.

This opportunity is more than a high-quality real estate asset. It’s your entry into Portugal’s Golden Visa program, which offers residence permits for significant investments in the real estate sector. With a harmonious balance of history, location, design, and potential return, this project presents a compelling proposition. It’s your gateway to a new lifestyle and a robust step towards a promising future. Your search for affordable rural property for sale in Portugal ends here. Secure your future now.

329.000€

The price encompasses the full scope of the project, covering everything from construction to furnishing, ensuring a comprehensive completion.

Golden Visa Program

Portugal's Golden Visa: The Doorway to a World of Opportunities

Portugal’s Golden Visa Program is not just about getting a residence permit. It is your passport to a life teeming with possibilities. The program, recognized globally, requires a minimum investment, opening a world of opportunities for investors.

Apart from potential returns and fiscal benefits, the program allows free movement within the Schengen Area. It is a unique opportunity that provides both a profitable investment and a chance to enjoy the unparalleled lifestyle that Portugal has to offer.

However, it’s crucial to understand that the opportunity to secure Portugal’s Golden Visa through real estate investment in locations like Penacova is limited. The legislation to change the visa program has already been signed, making this your last chance to capitalize on this opportunity.

To get more information on the upcoming changes and how to make the most of this final opportunity, contact us today. Don’t miss out on your chance to be part of the unique Portuguese lifestyle while securing the advantages of the Golden Visa.

Hand holding a Portuguese passport symbolizing the Golden Visa's closing window.

Golden Visa Closing Soon: Portugal’s Last Call for Investors

Discover why the Golden Visa is closing soon in Portugal. Spark your interest in this last-chance investment…

American recipients of the golden visa permits in Portugal celebrating.

Golden Visa Permits: USA Dominates Portugal’s 2023 Listings

Discover the surge in golden visa permits in Portugal! USA leads in July 2023. Dive into investment trends and explore…

Traditional Portuguese street showcasing beautiful, quaint homes.

Portugal Housing Market Growth: Lisbon Defies Slow Trend

Dive into the recent slowdown in Portugal Housing Market Growth, the slowest since 2021. Lisbon is bucking the trend…

FAQ

Q: What is the last chance for a Golden Visa in Portugal?
A: The Golden Visa program in Portugal, which grants residency to significant real estate investors, is undergoing changes due to new legislation that’s been signed but not yet enacted. The upcoming changes mean that this could be your last chance to invest in Portuguese real estate, like our project in Penacova, and secure a Golden Visa.

Q: What is the Portuguese Golden Visa program?
A: Portugal’s Golden Visa Program is a residency-by-investment scheme. It allows investors who make a significant investment in the Portuguese economy, especially real estate, to obtain a residence permit. This program is known worldwide and offers a range of opportunities including potential returns, fiscal benefits, and free movement within the Schengen Area.

Q: Is buying property in Portugal a good investment?
A: Yes, buying property in Portugal can be a very good investment. Portugal’s real estate market has been on a steady rise, and with areas like Penacova growing in popularity, potential returns are promising. Furthermore, the investment doesn’t just provide financial returns, but also a rich, unique lifestyle in a country known for its culture, history, and natural beauty.

Q: What is included in the price of this project?
A: The listed price of €329,000 for this project covers all aspects of the project, from construction to furnishing. This includes the realization of the approved architectural plans and 3D visualizations, the restoration according to project standards, and the possibility to personalize finishing materials within the project estimate. This price also includes your entry into Portugal’s Golden Visa program.

Q: How can I apply for a Golden Visa in Portugal?
A: The primary way to apply for a Golden Visa in Portugal is through real estate investment. You need to invest a certain amount in the Portuguese real estate market. Then you can apply through the Serviço de Estrangeiros e Fronteiras (SEF) by providing necessary documentation and proof of investment. Our experienced agents are always available to guide our clients through the entire process.

Q: How does the process of buying property in Portugal work?
A: The process of buying property in Portugal involves several steps, starting from finding the right property to completing the legal paperwork. For a comprehensive understanding, you can check out our Complete Guide to Buying Property in Portugal.

Q: What are the real estate taxes in Portugal?
A: There are several taxes that property owners in Portugal need to be aware of, including the IMT (property transfer tax), the annual property tax (IMI), and the stamp duty. For a detailed understanding, you can refer to our Comprehensive Guide to Portugal’s Real Estate Tax.

Q: Why should I invest in Penacova?
A: Penacova offers a unique blend of history, culture, natural beauty, and modern amenities. Investing in Penacova gives you the opportunity to immerse yourself in Portuguese life and gain significant returns from a growing real estate market. It also puts you within reach of the vibrant city of Coimbra.

Q: What are the main benefits of the Golden Visa?
A: The Golden Visa offers several benefits. It gives you residency rights in Portugal, the potential for significant financial returns, fiscal benefits, and the freedom to travel within the Schengen Area. It’s not just a residence permit – it’s a gateway to a new lifestyle and opportunities.

Q: What if I need more information about the Golden Visa program and the Penacova project?
A: For more information on the Golden Visa program, the upcoming changes, and our unique project in Penacova, feel free to contact us. We are here to help you make the most of this golden opportunity.