Portugal
NHR successor IFICI + strong tourism demand in Lisbon & Algarve
🟢
Currency Risk
EUR
Investment Visa / Residency-by-InvestmentIndicative — not verifiedDTA with France: In forceIndicative — not verifiedEU mobility94,201 monitored sale listings across all markets
Investor Profile:
Currency:
Gross Yield4%–7%Estimate-based
Entry PriceFrom €4,600/m² · Porto
Purchase Tax8%
CGT Rate28%
Investment Visa / Residency-by-Investment✅Indicative — not verified
Non-Res Mortgage✅
DTA with FranceIn forceIndicative — not verified
TIER 1 — RECOMMENDEDMacro: 21
Israeli66.8/100
German65.2/100
French65.4/100
Dutch65.1/100
Belgian65.4/100
UK66.8/100
US66.8/100
Canadian65.6/100
Indian66.8/100
Chinese66.8/100
Other EU66.8/100
✅ Strengths
- ▸World Bank Rule of Law 82%ile — strongest in group
- ▸Strong tourist infrastructure; Lisbon & Algarve STR demand
- ▸IFICI (NHR successor) for new residents
⚠ Risks
- ▸NHR regime ended Jan 2024 — verify current IFICI status
- ▸Golden Visa RE route eliminated Oct 2023
- ▸50% of homes uninsured against wildfire (2025 season severe)
CASABROVA Verdict
Strong for buyers who benefit from EU mobility and for quality-of-life allocations; other profiles require their own tax, finance and residency review.
Profile context: French Investor. The displayed treaty, tax and score data are selected for this profile.
French: Profile adjusted score 65.4 (rank #17).
Recommended Strategy
Lisbon LT rental or Algarve STR. Avoid relying on NHR — verify IFICI status with tax advisor.
Based on CASABROVA Waves 1–8, current to July 1, 2026. Not financial or legal advice.