Morocco as the top foreign destination for French retirees.
Increasingly, however, real estate
investors from non-European markets,
including China and Brazil, are discovering the lure of Portugal, and are
eager to enjoy the exceptional lifestyle
the country has to offer.
Many non-Europeans are keen to
take advantage of the highly attractive residency permits programme,
under which foreign investors buying
property worth €500,000 or more who
keep it it for at least five years receive
residency rights in Portugal. The residency permits, dubbed Golden Visas,
allow holders to travel without visas
throughout the 26 European nations in
the borderless Schengen Zone.
The Algarve is Portugal’s most popular
region amongst international house
buyers and property investors. There
is little wonder, with the region’s
incredible scenery that consists of
languorous lagoons, lovely deserted
islands, rocky cliffs and magnificent
beaches. With a wonderful climate
as well, golf is a huge draw. Add the
award-winning hotels, sumptuous
Michelin star-studded dining experiences and gleaming marinas and the
attraction becomes obvious.
Yet despite its popularity, it is easy
to find secluded beaches, unspoilt
countryside and slices of Portuguese
life in timeless villages. Fishermen
still carry on their trade as they have
for years, elderly men meet in village
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