This will be the case because the changes to the regulations that are envisaged to take place on 1st January 2022, will entail that the geographical restrictions that will be imposed and will prevent investments done in the coastal areas of Portugal to substantiate a Golden Visa application, will only apply to properties with a pure residential use. Martinhal Residences in Lisbon and Martinhal Sagres are both projects where the use of the properties therein is classed as “services” and, therefore, the regulations that will come into force will not have any impact on these properties.
The reduced amount of investment of € 400,000 for Martinhal Sagres derives from a provision of the legislation that establishes that investments made in low density or less developed areas, benefit from a 20% reduction from the normal minimum thresholds of investment (in this case, from the normal € 500,000 there is a reduction to € 400,000). This is exactly the case with the area where Martinhal Sagres is located.