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HOUSE 5 MINUTES FROM FOZ DO ARELHO

4 kms from Foz do Arelho Beach
4.5 kms from the Center of Caldas, 1 hour from Lisbon

Property description

Sale 237 500 €

Excellent villa, in great condition, consisting of: in the ground up, Hall with wardrobe, social toilet, living room with fireplace and stove, kitchen with balcony, equipped with gas plate, electric oven, oak furniture and granite countertop, pantry.
On the 1st floor, 1 suite with balcony, 2 bedrooms with wardrobe (one with balcony), toilet with bathtub and hall.
Central and sanitary water heating with diesel boiler, central vaccum. Garage with automatic gate, with space for 4 cars, engine room, toilet.

All walled terrain, automatic garage access gate. Garden in front, paved area from the entrance gate to the garage and pateo. Shed with barbecue. Orchard with several fruit trees, vegetable garden area, drip-by-drop irrigation system. PVC frames double glass, aluminum blinds.

Great location, quiet area, good access, 4.5 kms from the Center of Caldas, 4 kms from Foz do Arelho Beach, 1 hour from Lisbon.

Covered Area 196.52m² / Land area 752.51m²
Energy Rating: D

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Globalquintas Lda, is a Global Real Estate company covering all market segments, but with a strong specialisation in farms, small farms, rural tourism, country houses, old houses, rustic land, villas, palaces, ...

AMI License: 9373.

At Globalquintas we have more than 90 properties with different prices and characteristics.
Tell us your expectations and we will be happy to find what you are looking for.

Important information

PORTUGAL - House Prices increased 8.4%

In 2020, the House Price Index (HPI) increased 8.4% when compared with the previous year. This rate of change was 1.2 percentage points (pp) lower than in 2019. From 2019 to 2020, the prices of existing dwellings (8.7%) increased at a higher rate than new dwellings (7.4%).

In the 4th quarter of 2020, the HPI year-on-year rate of change was 8.6%, 1.5 pp more when compared to the previous quarter. In this period, price increases were less intense for existing dwellings than for new dwellings, 8.5% and 9.0%, respectively.

In 2020, a total of 171,800 dwellings were transacted, 5.3% less than in 2019. The total amount of transactions reached 26.2 billion euros, an increase of 2.4% compared to the previous year. The value of new dwelling transactions increased by 9.3% to €5.4 billion and that of existing dwellings rose by 0.7% to €20.8 billion euros.

Between October and December 2020, the number of transacted dwellings stood at 49,734, resulting in a year-on-year rate of change of 1.0% and an increase of 10.2% when compared with the previous quarter. In this period, the value of house sales totalled 7.5 billion euros, up by 8.7% compared to the same period in 2019.


Portugal Golden Visa
Reduced Option: 350,000 Euro Real Estate Rehabilitation

As of January 1st, 2022, where you can invest in real estate to qualify for the Portugal Golden Visa will be restricted. Properties purchased in Lisbon, Porto, or the coastal towns will not qualify for the program. This rule change does not apply to any purchases made until the end of 2021.

There are a few different investment methods that qualify an investor for the Portugal Golden Visa. Among these, real estate acquisition is the most popular one by far.

However, within the real estate acquisition module, there are multiple available options. You can either get a property for 500,000 Euro or choose to go with an urban rehabilitation option, where the minimum investment value drops down to 350,000 Euro!

As its name suggests, the objective of this option is to promote urban rehabilitation and offer the investor a series of benefits for contributing to the renovation of the property in return.

Acquisition of real estate, which must be constructed more than 30 years ago or located in an urban rehabilitation area. The acquired property must be rehabilitated in accordance with the municipality regulations. The total amount of the property purchase price and the renovation works must equal or be greater than 350,000 Euro.
The 350,000 Euro minimum amount includes the property price + the renovation works.

The lowest real estate investment threshold for the Golden Visa program in Portugal is 280,000 Euro. In order to qualify for this option, the property needs to be older than 30 years old, renovated, and located in a low-density area.

Grants & Incentives

The success of Portugal as an investment destination is based on the country’s positive approach towards international business. Portugal offers a strategic location, access to key markets, skilled human resources, competitive costs and top infrastructures.

Portugal offers national and foreign investors investment incentives.
Incentives may come as financial incentives, repayable or non-refundable, tax benefits and co-financing. Exceptionally, specific subsidies may also be granted, such as reimbursement of employers’ costs with the training of employees.

Portugal Real Estate Investment