Golf Property for Sale Portugal: An Overview

Portugal is home to more than 75 world-class golf courses, attracting expats and tourists from across the globe to its shores. Should you be on the hunt for an exclusive villa, a quaint townhouse, or a modern apartment, you’ll find a wide array of options on the market.

In this article, Golf Property for Sale Portugal: An Overview, we provide you with the essentials, highlighting the allure of these properties, investment potential, and top regions to consider.

Why choose Portugal for your golf property?

You only need to take a look at the credentials of the golf scene in Portugal to place the country on your shortlist. For example, the country won two of the biggest trophies in the 10th edition of the World Golf Awards held in Abu Dhabi in 2023 as the “Best Golf Destination in the World” and was recrowned for the second consecutive year as being the “Best Golf Destination in Europe.”

Alongside this, the best new golf course in Europe and Portugal went to Terras da Comporta – Dunas Golf Course, and the best golf venue in Europe went to Quinta do Lago.

And when it comes to the climate in Portugal, you’ll be able to enjoy stunning weather throughout the year. Factor in the fact that English is widely spoken, the Portugal real estate market is thriving, and that the country also ranks as the seventh safest country in the world, according to the 2024 Global Peace Index, and you are on to a winner. The stunning scenery, captivating cities, and golden beaches that line the coast add further layers to its appeal.

Benefits of Owning a Golf Property in Portugal

Portugal’s property market has been bolstered by increased foreign interest in recent years, with high demand continuing to propel the real estate market forward. In this section of our Golf Property for Sale Portugal, we provide you with some insights into the benefits of owning a golf property in Portugal.

Investment potential

Investing in a golf property can lead to profitable returns, with strong rental yields catching the eye of investors. To give you an idea, rental yields in the Lisbon Metropolitan Area stood at 6.7 percent in the third quarter of 2023, while in the Porto Metropolitan Area, they were also high, clocking in at 6 percent. The Algarve, meanwhile, boasts rental yields of 5.6 percent, highlighting attractive yields across the country, from north to south.

Given the continued demand, golf properties are highly likely to continue to increase in value over time, with the potential for high capital appreciation.

Lifestyle and amenities

Portugal’s high quality of life is now renowned across the world, where residents can enjoy a relaxed lifestyle that is seeing more expats relocate to the country. The delicious gastronomy, sublime climate, excellent healthcare and education options, and the fact that English is widely spoken are key influences.

When looking specifically at golf properties, most will have all the amenities you need close at hand, from restaurants to shops to supermarkets. Properties in condominiums, which are quite common in Portugal, will also have facilities, such as a private pool, a fitness center, spa, wellness center, on-site restaurant, or a tennis court close by. Common areas and the pool will be taken care of by the condominium manager. There are many condominiums and gated golf communities in Portugal, particularly in the Algarve region.

Buying Process for Golf Property in Portugal

One of the great things about buying property in Portugal is that there are no restrictions placed on foreign buyers, making it easy for foreign buyers to purchase Portugal golf property for sale. Plus, the buying process is quite straightforward. We’ve provided a breakdown of the key steps below.  

• Step 1: Decide whether you’d like to take out a mortgage to finance your property. In Portugal, there are more than 15 banks offering mortgages to foreign buyers, but make sure to explore your options to see which mortgage deal is best suited to your needs. 
• Step 2: Define your requirements. Are you looking for a three bedroom apartment, a spacious villa by the coast, or a countryside abode to enjoy a quiet lifestyle? Also, determine if you need to be close to an international school, where the closest hospital is, or if there are good restaurants nearby. Write down must-haves and nice-to-haves to help create a checklist.
• Step 3: Find the perfect property. The property market in Portugal is fragmented, and there is no one place to find all the properties on the market. To make the process easier, get in touch with a real estate professionals who will be able to help you find properties that match your exact requirements and who will be able to guide you though the buying process. 
• Step 4: Negotiation. It can take some talent to negotiate the property price with the seller, and again, an experienced real estate agent can come in handy here.
• Step 5: Reservation Agreement and Promissory Contract (CPCV). The next step is to sign a Reservation Agreement, to take the property off the market while. you make your final decision and, after this, to sign the CPCVC the Promissory, which is a preliminary agreement between the parties where they commit to signing a future purchase agreement. 
• Step 6: Sign the Escritura (Final Deed). The final step is to sign the final deed, where the final payments and taxes will be made, and property ownership will be officially transferred from the seller to the buyer. The Escritura will be signed in front of a Notary. 

You can read our definitive guide to Buying Property in Portugal for a complete rundown of the process to purchase a property in Portugal. 

There are two ingredients to a successful or purchasing property in Portugal. Having a trusted legal professional by your side who can cut through the legal jargon and ensure that you meet all the requirements, and a real estate professional, who will be able to secure your dream property for you, will make the process much easier.

It’s worth being aware that, in Portugal, the real estate agent works on behalf of the seller. Working with a buyer’s agent can be the better option as they work on behalf of the buyer to secure the property at the best price for you and work with you throughout the buying process. Whether you are on the hunt for a new development or renovation project, they will be able to assist you. 

Goldcrest: How We Can Help You 

Goldcrest is a buyer’s agent that is based in Lisbon. We provide expert, impartial advice on real estate investments and how to buy property in Portugal. From scouting out the perfect property through to property acquisition, we have you covered throughout the process.

If you are looking to purchase property in Portugal, don’t hesitate to get in touch. Our team of skilled experts is available to solve all your real estate doubts, helping you with the property search and offering insightful expertise and strategic advice.

Why choose Goldcrest?

• Local knowledge: With offices located across Portugal, our presence nationwide allows us to assist you personally across the country.
• Independent service: As an independent buying agent, we do not represent any development or project. Our service is entirely tailored toward each individual client, providing you with everything you need to secure the perfect property at the best possible price. As an impartial advisor on the market, we work solely on behalf of our client and provide a service tailored to your needs and requirements.
• Streamlined process: Our real estate agents speak English and Portuguese, and our service is completely focused on providing you with a hassle-free buying experience, saving you time.
• Experienced team: Our expert real estate team has a vast local knowledge of the Portuguese property market. We have cutting-edge technology and metasearch tools at your disposal to provide full market coverage, ensuring the best investment choices and negotiated prices.
• Network of partners: We have a close network of partners, including lawyers, property management services, builders, architects, designers, and landscape gardeners, again saving you time and hassle by providing you with trusted experts in their field of work.