The project was approved for the program ”Residence permit in Portugal by investment“. Until the end of 2021, with the purchase of this object, you can apply for a residence permit in Portugal. In 2022, projects in Faro will be excluded from the program.
Faro is the capital of the Algarve region in the south of Portugal. The region attracts many tourists due to its mild sunny climate, developed infrastructure, picturesque coastline and many beaches, and the international airport, located 15 minutes from the city, makes the region easily accessible. Besides tourists, Faro is popular with expats from developed countries in Europe, UK, USA and China.