The Ultimate Guide to Buying Property in Portugal: Everything You Need to Know

Portugal Visa Options and Requirements

Portugal D7 Visa (Passive Income Visa)

Ideal for retirees or those with a stable income from investments or pensions.

• Eligibility: Non-EU/EEA/Swiss nationals with a regular passive income (such as pensions, rental income, or investment returns).
• Requirements:
  • Proof of passive income (e.g., pension statements, investment income).
  • Minimum income thresholds: generally, €7,200 per year for the main applicant, plus €3,600 for a spouse, and €2,160 for each dependent child.
  • Criminal record check.
  • Health insurance.

Portugal Golden Visa

Secure citizenship by investing in eligible funds and more. Read our Portugal Golden Visa guide.

• Eligibility: Non-EU/EEA/Swiss nationals.
• Investment Options:
  • Capital transfer of at least €1 million into a Portuguese bank account or approved investment option.
  • Investing €500,000 or more intro approved funds.
  • Creation of at least 10 jobs in Portugal.
• Benefits:
  • Ability to live and work in Portugal.
  • Family reunification.
  • Instant visa-free travel throughout Schengen.
  • Permanent residency after 5 years.
  • Option for Portuguese citizenship after 5 years.

Portugal Entrepreneur Visa (D2 Visa)

For individuals looking to start a business in Portugal.

• Eligibility: Non-EU/EEA/Swiss nationals.
• Requirements:
  • Business plan detailing the intended business activities in Portugal.
  • Proof of financial means to support the business.
  • Evidence of relevant qualifications or experience.
  • Proof of sufficient funds to support yourself and any dependents.

Portugal Student Visa

For those planning to study at a Portuguese educational institution.

• Eligibility: Non-EU/EEA/Swiss nationals.
• Requirements:
  • Acceptance letter from a recognized Portuguese educational institution.
  • Proof of financial means to support yourself during your stay.
  • Health insurance.
  • Criminal record check (for stays longer than 90 days).

Work Visa

Required for those who have secured employment in Portugal.

• Eligibility: Non-EU/EEA/Swiss nationals with a job offer from a Portuguese employer.
• Requirements:
  • Job contract or promise of employment.
  • Proof of qualifications and experience relevant to the job.
  • Criminal record check.
  • Health insurance.

Note: EU/EEA/Swiss nationals do not need a visa to live, work, or study in Portugal. However, they must register their residency if staying longer than three months.

Benefits for EU Nationals

• Access to the Portuguese healthcare system.
• Opportunities for business investments with potential tax incentives.
• Ease of family reunification.
• Freedom to travel within the Schengen Area.

Each visa has specific requirements and application procedures. It's advisable to consult with a Portuguese consulate or an immigration expert to ensure you meet all criteria.

Housing Options

1. Apartments: Popular in urban areas, with prices varying based on location and size. View apartments for sale in Portugal.
2. Villas: Ideal for those seeking more space and privacy, commonly found in regions like the Algarve. View villas for sale in the Algarve, Portugal.
3. Townhouses: Offer a blend of community living and private space, often located in suburban areas. View houses for sale in Portugal.
4. Rural Homes: Perfect for those looking to live in the countryside, providing tranquility and scenic views. We recommend searching in the following areas:

• Comporta: Once considered Portugal’s best-kept secret, Comporta has earned a reputation as a desirable beach destination amongst discreet trendsetters thanks to its laid back atmosphere and unspoiled, rustic charm. Property for sale in Comporta
• Ericeira: Located just 30 minutes’ drive from Lisbon centre, Ericeira is a quaint fisherman village that oozes Portuguese charm, tradition and surf history. Here you’ll find an exceptional coastline that covers seven world-class waves. Property for sale in Ericeira
• Carrapateira: Forget everything you know about the Algarve, Carrapateira is a world apart and offers a more laid back lifestyle that’s more in tune with southwestern Alentejo with networks of hiking trails waiting to be explored, rustic unpretentious restaurants servicing fresh nourishing food and two of Portugal’s best surf spots on the doorstep: Bordeira and Pego beach. Property for sale in Carrapateira.
• The Azores: Sometimes referred to as the ‘Hawaii of the Atlantic’, the Azores is an archipelago of nine islands 1,000km west of Lisbon. With lush verdant fields, black volcanic rock and the deep azure waters of the Atlantic, the Azores are bathed in colour and the perfect setting for returning to nature, switching off and spending quality time with loved ones. Property for sale in the Azores.
• Madeira: Part of a Portuguese archipelago in the North Atlantic Ocean, Madeira lies about 300 miles off the coast of Morocco. It is known for its beautiful scenery, mild climate and delicious food and is also home to a rich history and culture. Property for sale in Madeira.
• Melides: A picturesque village located on the Alentejo coast of Portugal, known for its pristine beaches, unspoiled landscapes and vibrant local culture. Melides destination guide.

It's important to work with a reputable real estate agent who can help you navigate the market and find a property that meets your needs. Check out our Portugal property listings. for the latest homes for sale.

Cost of living in Portugal

The cost of living in Portugal is relatively affordable compared to other Western European countries. Here's a breakdown of typical expenses:

1. Housing: Rent can range from €500 to €1,500 per month, depending on the location and type of accommodation.
2. Utilities: Average around €100 per month for electricity, water, and gas.
3. Groceries: Expect to spend about €200 to €400 per month on groceries.
4. Dining Out: A meal at a mid-range restaurant costs about €10 to €20 per person.
5. Transportation: Public transport is affordable, with monthly passes costing around €40.

Adapting to Portuguese Culture

Embracing the local culture is key to a smooth transition:

1. Language: Learning Portuguese will greatly enhance your experience. Consider taking language classes or using language-learning apps. However, even if you don't speak the language, it's easy to get around, as most people in Lisbon, Porto, the Algarve, and beach areas speak or understand English.
2. Social Norms: Portuguese people are known for their friendliness and hospitality. Embrace the relaxed pace of life and enjoy socialising with the locals. Each city offers a unique lifestyle, so choose your favourite and come ready to mingle. For example, Lisbon is the only European capital by the beach, and its 300 days of sunshine a year are reflected in the city's vibrant lifestyle.
3. Food and Drink: Portugal is famous for its cuisine, including seafood dishes, pastries like Pastéis de Nata, and its wine, particularly Port and Vinho Verde.

Festivals and Traditions: Immerse yourself in the culture by participating in local festivals and traditions. Popular events include Carnival in February, Santos Populares in June, and numerous summer music festivals like Rock in Rio Lisboa, Nos Alive, Marés Vivas, Sudoeste, and SuperBock Super Rock. Additionally, the Fado music scene, an essential part of the country's essence, can be enjoyed year-round.

Retiring in Portugal

Retiring in Portugal has become increasingly popular due to its favorable climate, affordable cost of living, excellent healthcare system, and high quality of life. Here are the top reasons why you should consider retiring in this beautiful country.

Portuguese Climate

Portugal boasts a mild Mediterranean climate, with over 300 days of sunshine each year. The warm weather is perfect for outdoor activities, whether you enjoy lounging on the beach, surfing before work, golfing, or exploring the scenic countryside.

Portuguese Healthcare

Portugal offers a high-quality healthcare system, which is accessible to residents and expats alike. The public healthcare system is complemented by a robust private sector, ensuring comprehensive medical care. For retirees, having access to reliable healthcare is crucial, and Portugal delivers this at a fraction of the cost compared to other Western countries.

Check out our Portugal healthcare guide to learn more about the system and the best hospitals in the country.

Quality of Life

Portugal ranks high in quality of life indices due to its excellent public services, safety, and overall standard of living. The relaxed pace of life, friendly locals, and vibrant cultural scene contribute to an enjoyable and fulfilling retirement.

Best places to live in Portugal for expats and retirees

Portugal offers a variety of regions that are perfect for expats and retirees, each with its unique charm and amenities. Here are the best places to consider when moving to or retiring in Portugal.

Cascais

Cascais, a coastal town near Lisbon, combines the best of both worlds – proximity to the capital and a tranquil seaside environment. It's known for its beautiful beaches, high quality of life, and vibrant expat community. Cascais offers a range of amenities, including top-notch healthcare, schools, and recreational facilities.

Porto

Porto, Portugal's second-largest city, is famous for its wine and picturesque riverside. It offers a more laid-back lifestyle compared to Lisbon, with a lower cost of living and a strong sense of community. The city’s rich cultural scene, combined with its beautiful architecture, makes it a desirable place to live

Comporta

Comporta is a charming village known for its stunning beaches, rice fields, and tranquil environment. It's an ideal place for those looking to escape the hustle and bustle of city life. The area offers a unique blend of luxury and simplicity, making it perfect for a peaceful retirement or a relaxed expat lifestyle.

Madeira

Madeira, an island known for its breathtaking landscapes and mild climate, is a paradise for nature lovers. It offers a range of outdoor activities, from hiking in the mountains to relaxing on the beaches. Madeira’s friendly community and excellent healthcare services make it an attractive destination for retirees and expats.

Alentejo

Alentejo is a region renowned for its rolling plains, vineyards, and charming villages. It's perfect for those who appreciate a slower pace of life and rural beauty. The area is rich in cultural heritage and offers affordable living, making it an excellent choice for retirees and expats seeking tranquillity.

Lisbon

Lisbon, the vibrant capital of Portugal, offers a dynamic lifestyle with a mix of traditional charm and modern amenities. The city is known for its historical sites, cultural events, and diverse dining options. It's a hub for expats and retirees looking for a cosmopolitan environment with excellent infrastructure

Costa da Caparica

Costa da Caparica is a coastal town located just south of Lisbon, known for its long sandy beaches and relaxed atmosphere. It’s a popular spot for surfing and other water sports, offering a laid-back lifestyle with easy access to the city.

Portugal offers a variety of attractive locations for expats and retirees, each providing unique benefits. Whether you prefer the coastal charm of Cascais, the cultural richness of Porto, the tranquil beaches of Comporta, the natural beauty of Madeira, or the rural serenity of Alentejo, there is a perfect place for you to call home in Portugal. With the expert guidance of Athena Advisers, finding your ideal property is seamless and stress-free.

Why Athena Advisers?

Athena Advisers is your perfect partner in finding a home in Portugal. 

Real Estate experts in Portugal

With years of experience in the Portuguese real estate market, Athena Advisers understands the intricacies of buying property in Portugal. Our deep knowledge of the local market trends ensures you make an informed investment.

Personalised Service

Athena Advisers offers a personalised approach, understanding that each client’s needs and preferences are unique. From initial consultation to property visits and finalising the purchase, they provide tailored support at every step.

Extensive Portfolio

Whether you’re looking for a historic apartment in Porto or a modern villa in the Algarve, Athena Advisers has an extensive portfolio of properties to suit every taste and budget. They offer exclusive listings that you won’t find elsewhere.

After-Sales Support

Athena Advisers doesn’t just stop at helping you find and purchase your property. They offer after-sales support to help you settle into your new home, from setting up utilities to recommending local services.

Moving to Portugal offers a blend of excellent quality of life, beautiful scenery, and a rich cultural experience. By understanding the visa requirements, exploring housing options, budgeting for the cost of living, and embracing the local culture, you'll be well-prepared for a successful relocation. For more information, visit our destination guides and discover the perfect property listings to start your new adventure in this extraordinary country.