There’s just 48 hours left to get in on this incredible Golden Visa opportunity.
As I write, I’m cruising on the Douro River in northern Portugal. On either side of me, a patchwork quilt of terraced vineyards blankets the hillsides. This is the oldest demarcated wine region in the world. Production here goes back 2,000 years. And judging by the grand estates overlooking the valley, it’s been lucrative.
I love Portugal, but when it comes to investing here, my favorite place is still the Algarve…
And for a very brief window, there’s another important reason why it should be your main focus.
As I told you yesterday, Portugal has the best Golden Visa program in the world…
A program that allows you to attain residence by simply investing in real estate.
Many Americans have already taken advantage, getting a visa that allows them to travel freely throughout much of Europe with almost no requirement to spend time in Portugal…unless they want to.
It’s a path to permanent citizenship, it’s possible to extend it to family, and—the kicker for real estate investors—you can get the Golden Visa by buying real estate with serious profit potential.
For instance, in the historic town of Lagos in the Western Algarve, you can own a best in class, Golden Visa qualified condo that can throw off gross yields of 7%…with powerful appreciation to boot.
Lagos is a place where the historic old town spills down cobbled lanes, into shady plazas toward a state-of-the-art marina.
You can walk to the beaches. Walk to the restaurants, bars, stores…walk to the train station and hop a train to Faro where the international airport is…
You can walk to the marina and jump on a boat to go sailing, fishing, or cruising around the cliffs, sea stacks, and bluffs of the Western Algarve’s awesome coastline.
And this is crucial: With the right kind of property in the Algarve, you could expect to rent for around 35 weeks of the year. (With the best-in-class condos I’ll tell you about in just a moment, I figure on a 7% gross yield, and that’s being conservative.)
Members of my Real Estate Trend Alert (RETA) group who bought in Lagos have already done extremely well. For instance, one member bought two condos as investment properties about five years ago for approximately €430,000 each. They rented them both, bringing in an average of about €30,000 (a 7% gross yield) a year each, and recently sold one for €650,000. Those are some serious gains…
Another, who bought in a community I recommended last year recently got a soft offer on their condo that could hand them €160,000 in profits.
Last year, despite the lockdown, I hear some property owners were still pulling in gross yields of 7%.
Given what was going on in the world, that’s impressive.
But it doesn’t surprise me in Lagos. Unbending regulations mean development is restricted, and there’s already a chronic shortage of hotel rooms, so owning the right kind of property puts you in prime position for capital appreciation and handsome rental income as Lagos gets even more popular.
And thanks to my contacts in the Algarve, we can own best-in-class condos here with a killer discount.
Our opportunity is in a community called Santa Maria in the heart of Lagos.
The developer behind this community is a young guy whose family have been developing around Lagos for generations. They own a substantial landbank and thanks to a careful, conservative approach and canny business acumen they have deep pockets.
And we can own here with an incredible discount…
You can lock in a luxury two-bed condo for €560,000 ($650,180), qualifying you for the Golden Visa. With 10% off, you can knock €56,000 from that—that’s a saving of $65,018.
It’s a great deal if you want your own luxury condo in arguably the Algarve’s most fashionable and pleasant town…(whether you’re interested in the Golden Visa or not).
I figure we’ll see 7% annual appreciation and a 7% gross yield from these two-bed condos. This is a strong, mature market, and the appreciation comes on top of the 10% discount.
And get this: The developer has already put his prices up, which makes this opportunity even more urgent. When my scout was in Lagos in August, he spoke to a sales agent who told him condos in Santa Maria that listed for €600,000 18 months ago are now on the market for €800,000.
However, if you want to lock in this deal with your Golden Visa, you need to act NOW.
Come December 31, the rules of the Golden Visa change, which means a deal like this will no longer be eligible.
But you can’t wait until then to start the process. You need to get your paperwork in order and have it all squared away by November 15.
That’s why, this weekend, I’ve rushed you this special opportunity report. It outlines the details of this last chance to act on the best Golden Visa deals in the world right now.
Including all the details on the Santa Maria deal, along with three more incredible deals I’ve identified across the Algarve.
Remember, you can’t put this off any longer. Our brief window is now!
Read the report here:
*** Last Chance to Get in on the World’s Best Golden Visa Deals***
If you’re already done so, don’t hesitate to get in touch with my Algarve contact, Chris White and his team, who can guide you through the Golden Visa process. Reach them here.
Your Comments and Questions
Krassimir says: Hi, I intend to travel to Portugal, Madeira, and Tenerife at the end of November for about a month. Apart from pure tourism, I would like to see some properties for potential purchase. I have both U.S. and EU citizenships. Would you be able to help me look at some?
Ronan says:Hi Krassimir. I recommend getting in touch with my Portugal contact. They’ll be able to provide you with some options based on your personal criteria. With EU citizenship, you obviously don’t need a Golden Visa to live in Europe for as long as you want, but like I say, the deals I discuss in my report are some of the best you can find in the Algarve right now, whether you want the Golden Visa or not. You can get in touch with my contact, Chris White and his team right here .
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Your Daily Dream Home
Kalamata, Peloponnese, Greece
€65,000 ($76,300)
A 30-minute drive from the city of Kalamata, on Greece’s Peloponnese peninsula, is this fixer-upper house with amazing views. Spread across 3 levels, it has 3 bedrooms, 2 bathrooms, and 1,600 square feet of living space. There’s also a kitchen and a living room with a fireplace. The rooms on the upper floors have balconies with views out over Messinian Bay.
Remember, we don’t make money from any listing shared here in the Your Daily Dream Home section. We have no dog in the fight. We’re just sharing cool properties we’ve found.
I haven’t visited this property or done due diligence on it. If you’re interested in the listing, you should hire an attorney and do your own due diligence.