Equestrian Property in Portugal: Top Areas to Invest

Dreaming of a property off the beaten path in the Portuguese countryside? Whether you’re after a cozy paddock for personal use or a stunning equestrian center, equestrian property in Portugal is in a league of its own.

In this guide, we’ll explore the charm and potential of equestrian properties for sale in Portugal, from established horse facilities to untouched land ripe for development. You’ll find practical purchasing tips, pricing insights, and a look at the best regions to secure your very own slice of countryside paradise.

Equestrian Property in Portugal: What You Need to Know

In the sections below, we delve into the perks of owning equestrian real estate, along with its pricing, key considerations, and investment opportunities.

What are the advantages of buying an equestrian property in Portugal?

Outside the major cities of Lisbon and Porto, much of Portugal is made up of beautiful fields, unspoiled nature, and pristine landscapes.

Equestrian properties are deeply rooted in Portugal’s rich equestrian traditions and often feature agricultural pastures, woods, and gardens that create the perfect environment for horses to thrive.

Another reason as to why equestrian property is so appealing to international buyers is that it usually comes with a large plot size, offering tons of space for families to enjoy.

What is the investment potential of buying equestrian property in Portugal?

Investing in equestrian property for sale in Portugal presents a unique opportunity to enjoy your passion for equestrianism surrounded by the country’s favorable climate and diverse landscapes, perfect for a wide range of equestrian activities. From breeding and training to hosting international competitions, Portugal is becoming a hotspot for horse enthusiasts.

Property types vary, with some investors seeking expansive ranch-style houses while others might be searching for a dream home with stables and training grounds attached. The beauty of the Portuguese real estate market is its versatility, meeting the needs of diverse investor profiles. If you are in search of the most exclusive properties in Portugal, you can also check out our Luxury Properties in Portugal article. 

Investment property in Portugal also brings attractive rental yields of between 5 and 8 percent, depending on the region. If you’re looking to invest in equestrian property to rent out in Portugal, the specialized amenities and unique facilities should help to attract stronger yields.

Embracing equestrian life in Portugal

Equestrianism is deeply rooted in Portuguese culture, dating back to the monarchy and the Royal Stables of the 18th century.

Today, you’ll find many equestrian properties located near top-tier equestrian facilities and annual events, with access to professional trainers, veterinary services, and high-quality land ideal for grazing and riding.

Competitions like the Algarve Equestrian Gala are popular, and institutions like the Portuguese School of Equestrian Art in Sintra help preserve and showcase this rich tradition. In areas like Santarém, just outside Lisbon, riders can even enjoy dressage lessons and exhibitions featuring the majestic Lusitano horse, Portugal’s iconic native breed.

Portugal also attracts tourists with its scenic horseback riding holidays, especially in regions like the Alentejo, Algarve, and Greater Lisbon Area.

How much does an Equestrian property in Portugal cost?

The price of equestrian property depends on many factors, such as whether you are buying land for sale in Portugal or investing in the land and equestrian facilities and buildings that are ready to move into right away. The plot size, the amenities, the age of the property, and the location will also influence the price.

Many of the farmhouses and properties also have rich histories, some dating back to the 11th century.

The table below provides an overview of the average house price per square meter in a few of Portugal’s major districts. These property prices are asking price values, and the sales price can vary based on property type, amenities, and location.

The Best Areas to Find Equestrian Properties for Sale in Portugal

If you’re interested in an equestrian residence, Portugal offers homes and locations similar to those found in the hills of Santa Cristina in Italy and the scenic beauty of equestrian property for sale in Andalusia, Spain.

Below, we explore the Portuguese areas you shouldn’t miss if you are passionate about equestrian property.

The Alentejo

This vast region stretches across a third of the country yet remains somewhat of a hidden gem. The Alentejo region is where the Portuguese often choose to spend their vacations. Quieter than the Algarve, which attracts tourists throughout the year, the Alentejo offers a unique calm.

The area is composed of incredibly beautiful beaches, unique landscapes, and undiscovered areas. In the Alentejo and Ribatejo, you can still find the ancient Lusitano horse—one of the oldest saddle horses in the world—which is still bred in these areas. This region of Portugal is the backbone of the country’s proud cuisine, with a large agricultural sector.

With the perfect climate to grow fruit and vegetables, it is easy to see why this is referred to as the breadbasket of Portugal. Alongside this, some of the best wines in the country hail from here, and the cork trees can be seen scattered across the rolling hills.

You will also be happy to know that Alentejo is a very affordable part of Portugal. Off the beaten track, the local way of life really has not changed in decades. If you are looking for a quiet family life or a small corner in which to retire, then this region will offer you the peace you need.

Comporta and Melides on the Alentejo Coast offer luxury living and fine dining experiences, and many expats, lifestyle buyers, and investors are becoming more interested in these areas, where you can find luxury villas, modern apartments, and incredible waterfront houses.

Looking to buy property in this stunning part of Portugal? We recommend working with a real estate agent in Alentejo, or preferably a buyer’s agent, to guide you to a seamless property purchase. While a real estate agent works on behalf of the seller, buyer’s agents work solely for the buyer, protecting their interests and securing property at the best price possible. You can also read this case study on buying a luxury farm in the Alentejo.

The Algarve

The Algarve real estate market has always been popular with expats. Beautiful beaches, luxury resorts, and flocks of tourists heading to the summer sun are all true attributes of the Algarve. However, there is so much more to this part of the country. Indeed, many areas here still retain a humble tranquility and authentic vibe.

With more than 300 days of sun each year, the Algarve provides the best climate in Portugal. While the Alentejo can get quite hot in summer and quite cold in the winter, the Algarve offers fewer extremes. Indeed, the Algarve real estate market in Portugal also offers a few locations where you can enjoy some candid tranquility.

Why not unwind in the Algarve with an ice-cold cerveja (beer) or locally cultivated glass of white wine? Indeed, walking through the calm of your farm ranch, in the heart of nature and far from bustling expat communities, you will find yourself with few (or no) worries at all.

The North

Portugal’s real estate market has opened up in the North, with the popularity of Porto as an investment hub. The North of Portugal offers a milder climate. As such, if you are looking for an equestrian property located in a region with a milder climate, then this could be the prime location for you.

The North of the country is famous for its Douro wine, the charming city of Porto, and historic towns. Local life still permeates strongly in the North. As with the Alentejo, this region is often cheaper than in other hotspot locations.

If you are looking for a renovated farm where you can ride your horses or simply enjoy the views of the lush landscapes surrounding you, consider areas in the North.

The Center

Central Portugal is a very attractive location for finding equestrian property in Portugal at an affordable price. Drive about one hour northeast of the capital, Lisbon, and you will come across Santarém and other towns and cities. Here, you are close to the capital, yet you also can find acres of land in a quieter and more affordable area.

This region is also relatively unexplored and is made up mostly of locals. Here, the way of life has not changed much. Equestrian properties can be found alongside other homes that offer all the amenities that you could need – for example, a pool to escape from the summer heat.

It could be a good option to scout out this area in more depth as it is relatively underdeveloped and you may be able to find a stunning property with an attractive price tag.

An Overview of the Process of Buying Property in Portugal

Buying property in Portugal is a straightforward process, but it’s important to understand each step to ensure a smooth and successful purchase—especially when investing in something as specialized as equestrian real estate. 

What to look for when buying equestrian property in Portugal

Here are some key tips to keep in mind when scouting for your perfect equestrian home in Portugal:

• Land size and layout matter: Look for spacious, flat land that’s ideal for grazing, paddocks, and training areas.
• Check for existing equestrian facilities: Properties with stables, tack rooms, wash bays, and arenas (especially indoor ones) can save you a lot on setup costs.
• Access to riding trails: Being close to open trails or bridle paths adds a lot to your riding experience. If you’re near the coast, beach rides can be a real bonus.
• Reliable water supply is essential: Make sure there’s a steady water source for your horses, irrigation, and general use. Any working wells or nearby rivers are ideal.
• Know the zoning and permits: Confirm the property is zoned for equestrian use and that there’s flexibility if you want to build or expand facilities later.
• Stay close to key amenities: You’ll want to be within reach of vets, farriers, and feed suppliers. Making sure there are nearby schools and shops is important, too.
• Work with a buyer’s agent: Enlisting the help of a buyer’s agent who understands equestrian properties and has in-depth knowledge of the property market in Portugal can save you time, protect your interests, and help you find the best property for your needs.

The steps for buying equestrian property in Portugal

Now that you know what to look for when choosing your equestrian property in Portugal, you’ll need a good idea of the purchasing process. Below is an overview of the key stages involved in buying property in Portugal, from securing your tax number to becoming the official owner.

1. Apply for a Portuguese tax number (NIF): You’ll need a NIF to open a bank account and carry out property transactions. Non-EU citizens will also need to enlist the help of a fiscal representative during this step.
2. Secure financing: Review your finances, explore mortgage options, and factor in additional costs like taxes, legal fees, and registration expenses.
3. Find a property that meets your requirements: Once your budget is set, research the market and work with professionals such as buyer’s agents to find a property that meets your needs.
4. Make an offer and negotiate: Once you’ve found the right property, negotiate the price. Having a buyer’s agent representing your interests can also help you get a better price.
5. Sign the Reservation Agreement and Promissory Contract (CPCV): Pay an initial deposit to reserve the property, then sign the CPCV before a Notary to finalize terms.
6. 6. Sign the Escritura (Final Deed): Complete the purchase by signing the final deed before a Notary, paying any remaining balances, and becoming the legal owner.

Are there restrictions on foreigners buying equestrian property in Portugal?

Portugal real estate is a hot topic now amongst foreign buyers and has been for the past few years. One of the main advantages of buying property in Portugal is that there are no restrictions on foreigners.

While there is no problem with buying a property as a foreigner, you may need a residency permit if you would like to reside permanently in Portugal. If you are from an EU member country, you will have no problems.

However, if you are from a non-EU country, you will need to have a Portuguese residency permit. Some options to consider are the Portugal Golden Visa, D7 Visa, or Digital Nomad Visa.

If you’d like more information on which option may be best for you, chat to our partners, Global Citizen Solutions, who will be happy to assist. As residency experts, they will be the best team to advise on the easiest pathway to getting your visa.

Goldcrest: How We Can Help You

Interested in snapping up an equestrian property in Portugal? Well, with the array of gorgeous locations to choose from, you will be spoilt for choice. From the serene Alentejo region to the ever-popular Algarve, each area provides unique opportunities for those looking to embrace a life surrounded by nature and equine beauty.

Goldcrest is a buyer’s agent based in Lisbon, Porto, and the Algarve. Equipped with local knowledge, exclusive networks, and international experience, we provide expert, impartial advice on real estate investments and how to buy property in Portugal. From scouting out the perfect property to property acquisition and beyond, we have you covered throughout the process.