The €350,000 Golden Visa route is closed
It was the rehabilitation threshold: property over thirty years old, or inside an urban regeneration area, bought together with the refurbishment works. For several years it was the most used tier of the Portuguese Golden Visa. It ended in October 2023 with every other property route, and nothing has replaced it at that price.
What qualified
€350,000 covering acquisition plus rehabilitation of a property at least thirty years old, or located in a designated urban regeneration area. In a low-density municipality the same route ran at €280,000.
Why investors liked it
It was €150,000 cheaper than the standard purchase threshold, and it channelled capital into hotel conversions, student housing and co-ownership structures with defined exits, products, not just apartments.
What ended it
The Mais Habitação reform of October 2023 removed real estate from the Golden Visa entirely, direct purchases and property-exposed funds alike.1
Where €350,000 sat in the old ladder
| Old threshold | What it required | Status |
|---|---|---|
| €500,000 | Standard purchase, residential or commercial | Closed |
| €400,000 | Standard purchase in a low-density area | Closed |
| €350,000 | Rehabilitation: property 30+ years old or in a regeneration area, with works | Closed |
| €280,000 | The rehabilitation route in a low-density area | Closed |
From January 2022 residential purchases in Lisbon, Porto and the coastal municipalities had already been excluded, which pushed the €350,000 route toward commercial conversions, hotels, serviced apartments, student accommodation, in exactly the cities buyers wanted. Then the whole category went. Anyone still advertising a €350,000 Golden Visa apartment in Lisbon is describing a market that has been gone for years.
What to do with a €350,000 budget now
Add to it, and take the fund route
The Golden Visa threshold today is €500,000 into a CMVM-regulated qualifying fund. It is the route that survived, it carries no transaction taxes, and it is handled remotely.
Buy the property anyway
€350,000 buys well in Porto, the Silver Coast and much of the Algarve outside the prime strip. It just does not buy residency. The market, honestly assessed.
Get residency for far less
If the objective was always the permit, the D7 asks for €920 a month of passive income and the D8 for €3,680 a month of remote earnings. Both reach permanent residency at year five, exactly like the Golden Visa.
Property-led residency elsewhere
Greece still allows property to be the qualifying asset, in tiers. It is the honest answer for an investor whose plan was built around bricks.
The projects that qualified at this threshold
These are the developments we placed clients into while the route was open. They are kept here because the detail is still useful, structure, buyback terms, operator, location, and because several are still available as property. None of them produces a Golden Visa today.
The €350,000 Golden Visa: frequently asked questions
Can I still get a Portugal Golden Visa for €350,000?
What did the €350,000 route actually require?
What is the Golden Visa minimum today?
I already hold a permit from a €350,000 purchase. What happens?
Are the old projects still for sale?
Where this comes from
- Lei n.º 23/2007, Article 90-A, the residence permit for investment activity and its qualifying categories, as amended by the 2023 Mais Habitação reform. dre.pt (English)
- AIMA, applications, renewals and the treatment of permits granted under the earlier property rules. aima.gov.pt
Last reviewed 19 August 2026. Programme terms are set by the relevant government and can change; confirm any figure before acting on it.
