{"id":41184,"date":"2017-01-19T20:35:46","date_gmt":"2017-01-19T13:35:46","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=41184"},"modified":"2017-01-19T17:42:39","modified_gmt":"2017-01-19T10:42:39","slug":"buy-this-5m-algarve-villa-and-get-portuguese-residency","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buy-this-5m-algarve-villa-and-get-portuguese-residency\/","title":{"rendered":"Buy this &#x20ac;5m Algarve villa and get Portuguese residency"},"content":{"rendered":"<p>&#013;<br \/>\nThis five-bedroom, 900 square metre, Portuguese villa is set within 1,000 acres of countryside on the sun-drenched Eastern Algarve. It also sits on the edge of the Monte Rei Golf and Country Club, which has the lowest building density in a like-for-like development anywhere in Europe. Of course this sort of exclusivity costs and it also boasts the highest green fees in Portugal. However, the green fees may not be a deterrent to the buyers of this villa, as its listing is for \u20ac5 million (Dh19.56m), a price described as &#8220;competitive&#8221; by Kensington Exclusive Properties, the agents marketing the property. For those of a golfing pedigree, the villa overlooks holes six and seven and the clubhouse at Monte Rei offers a Michelin-starred restaurant. What sets this investment apart for Middle East buyers is that unlike most European destinations, this pad could also secure the buyer a passport.&#8221;Portugal has its golden residence permit programme. It gives foreign investors who spend \u20ac500,000 on a property here the right to live in \u00adPortugal,&#8221; says Malachy Kelly from Kensington Exclusive Properties. &#8220;They are also free to travel around all the EU countries in the Schengen area and after six years they can apply for Portuguese citizenship. We have had many nationalities buying property that will eventually enable them to change passports &#8211; that facilitates access to countries that may have been problematic before.&#8221; While the passport is a bonus, what does the villa actually offer?It was built in 2013 and is called The View, for obvious reasons; the villa has floor-to-ceiling windows wherever a chance is offered. The traditional Portuguese exterior moves into a modern and simple interior with open plan, spacious rooms. There is also a sauna, gym, entertainment room, bar and storage cellar and numerous reception rooms. Its top-floor lounge has a 360-degree view of the surrounding area including the coast, an outdoor dining area and a swimming pool. And a 15-minute drive to the fishing town of Tavira takes you an exclusive beach club being built for Monte Rei residents. ascott@thenational.aeFollow The National&#8217;s Business section on Twitter&#013;<br \/>\n&#013;<br \/>\nSource : thenational.ae&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.thenational.ae\/business\/the-life\/buy-this-5m-algarve-villa-and-get-portuguese-residency\" target=\"_blank\">Buy this \u20ac5m Algarve villa and get Portuguese residency<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; This five-bedroom, 900 square metre, Portuguese villa is set within 1,000 acres of countryside on&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-41184","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-aIg","jetpack-related-posts":[{"id":41186,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/spacious-5m-villa-overlooking-portugals-monte-rei-golf-course-in-pictures\/","url_meta":{"origin":41184,"position":0},"title":"Spacious &#x20ac;5m villa overlooking Portugal&#039;s Monte Rei golf course &#8211; in pictures","date":"January 19, 2017","format":false,"excerpt":"\r A Portuguese pad with a passport - Middle East buyers can buy this Dh19.5m villa overlooking the nation's Monte Rei Golf and Country Club and secure themselves a visa through Portugal's golden residence permit programme - which after a few years can qualify the owner for citizenship.\r \r Source\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6688,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/emaars-new-villas-at-arabian-ranches-come-with-all-the-trimmings\/","url_meta":{"origin":41184,"position":1},"title":"Emaar&#039;s new villas at Arabian Ranches come with all the trimmings","date":"March 3, 2016","format":false,"excerpt":"\r \r This villa is the show home for Emaar's newest development in Arabian Ranches, La Avenida 2, that comprises of 34 detached villas. The villas usually sell for between Dh9.5 million and Dh12m but because of the fixtures, fittings and finishes the price will be significantly higher, and Emaar\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106666,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/grey-lynn-villa-sale-price-slashed-50000-character-home-discounted-to-spark-buyers\/","url_meta":{"origin":41184,"position":2},"title":"Grey Lynn villa sale price slashed $50,000: character home discounted to spark buyers","date":"April 29, 2019","format":false,"excerpt":"\r A large fully renovated character Grey Lynn villa advertised since February has had its sale price cut by $50,000, below the Auckland Council valuation.An agent is advertising 53 Williamson Ave as \"price reduced\" at $1,725,000,...\r \r Source : nzherald.co.nz\/Property\r Read more...Grey Lynn villa sale price slashed ,000: character home\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127615,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-buyers-snap-up-sino-lands-villa-garda-flats-in-lohas-park-enticed-by-16-per-cent-discounts\/","url_meta":{"origin":41184,"position":3},"title":"Home buyers snap up Sino Land\u2019s Villa Garda flats in Lohas Park, enticed by 16 per cent discounts","date":"July 8, 2022","format":false,"excerpt":"\r The current batch of flats were priced between HK$17,106 and HK$21,346 per square foot after an average discount of 16 per cent, cheaper than other prices in the neighbourhood.\r \r Source : South China Morning Post\r Read more...Home buyers snap up Sino Land\u2019s Villa Garda flats in Lohas Park,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2204,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-villa-oversupply-leads-to-18-drop-in-prices-at-the-springs\/","url_meta":{"origin":41184,"position":4},"title":"Dubai villa oversupply leads to 18% drop in prices at The Springs","date":"January 21, 2016","format":false,"excerpt":"\r \r Sale prices of villas at The Springs community in Dubai have dropped by 18 per cent over the past year as buyers have opted for cheaper, newly completed stock in secondary communities such as Jumeirah Village Triangle and Al Furjan, according to Cavendish Maxwell.The company\u2019s Q4 2015 Dubai\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103639,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/century-old-grey-lynn-villa-now-up-for-sale-on-rare-block\/","url_meta":{"origin":41184,"position":5},"title":"Century old Grey Lynn villa now up for sale on rare block","date":"February 3, 2019","format":false,"excerpt":"\r A century-old Grey Lynn villa - with room for a full-sized cricket pitch or the city's longest lap pool in the backyard - has hit the market. Built in 1900, the three-bedroom villa at 78 Sackville St is likely to appeal to buyers...\r \r Source : nzherald.co.nz\/Property\r Read more...Century\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/41184"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=41184"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/41184\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=41184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=41184"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=41184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}