Updated: May 15, 2024

 

Sitting back in the Portuguese countryside. With a glass of vinho verde (Portuguese green wine), some freshly baked bread, and perhaps some local queijo (cheese). If you are looking past the modern city apartment or beach villa, have you considered looking into farms for sale in Portugal?

Now more than ever, we are opting for some peace and quiet and to get out of the hustle and bustle of city life. This is exemplified by the digital nomad phenomena, which has really become a force to be reckoned with in the past few years. It is now increasingly possible to work from just about anywhere in the world, given that you have a stable Wi-Fi connection.

Why not, then, escape to the heart of the Portuguese countryside and invest in a charming farm or rural house? In this article, we will discuss some key reasons to consider buying a farm in Portugal and provide some insights into the types of farms on the market. Following this, we’ll delve into the practicalities of buying a farm in Portugal before running over some of the best areas in the country to own a farm.

Why buy a farm in Portugal?

Farms in PortugalYou have the vibrant cities of Lisbon and Porto. The sublime stretches of coastline in the Algarve. The unique islands of Madeira and the Azores. The dazzling stretches of the Silver Coast.

As there are so many beautiful areas in Portugal, one of the most breathtaking and definitely understated areas to invest in is the Portuguese countryside.

Take the Alentejo, for instance. With some of the most affordable property prices in Portugal, let alone in Europe, the region is known as the breadbasket of the country. Owning a property here, in the heart of nature, is perfect if you are looking for a quiet, reclusive spot. An added bonus is that this is the proud home of some of the best produce in the Iberian peninsula.

 

Investment Opportunites

While tourists heading to Portugal have traditionally favored Lisbon, Porto, and the Algarve, more tourists and expats are looking outside these hotspot locations to enjoy the incredible Portuguese countryside. As such, spa and wellness centers, in addition to eco-tourism practices, have been picking up speed in recent years. For example, tourists are looking to see the process of wine production or cheese-making.

Owning a farm or holiday cottages in rural Portugal can present an attractive investment opportunity. The Alentejo, Peneda Gerês, the Douro Valley, and Aljezur are all good locations to consider. Investing in commercial property in areas that are predicted to experience growth in the future is also a good option to consider.

Types of Farms in Portugal

Portugal’s agricultural scene is very varied, from vineyards to olive groves and from a range of soil conditions, climate, and topography. As the basis of Portugal’s incredible cuisine, it should be no surprise that the country excels in food production, with the largest sectors being in the production of wine, fruits and vegetables, olive oil, cereals, pigmeat, and poultry.

Range of farm types

If you are looking to buy a farm in Portugal, you’ll be able to find vineyards, fruit orchards, olive groves, rural holiday cottages, livestock farms, mixed-use farms, and other farm types available in a range of sizes and in different parts of the country. Bear in mind that certain parts of the country are better for producing certain products; for example, the Alentejo region accounts for 50 percent of olive oil production and is a top region for fruit and vegetable production, while Ribatejo, in the northern Alentejo, is great for livestock farming.

Rural tourism

Given Portugal’s continued popularity amongst tourists and expats, rural tourism could be a lucrative venture for investors. Options for rural tourism can include a blend of authentic agriculture practices and authentic farm stays. Visitors can immerse themselves in the country’s picturesque landscapes, engaging in hands-on agricultural experiences (such as learning about the winemaking process) and savoring local flavors. Learning about produce from source to table is an immersive experience that more and more tourists are looking to uncover, to experience a genuine connection with nature and traditional practices.

There are many locations in Portugal where eco-tourism and wellness centers are likely to increase in popularity in recent years, such as the Douro Valley, the Alentejo, and the Silver Coast.

A wide range of options

Should you be looking for a small farmhouse and only want to grow small amounts of produce – perhaps just for you and your family – you’ll find several options across the country. If located in a rural area, you will probably be pleasantly surprised by the affordability of properties on offer.

So, whether you want a living room overlooking green rolling hills or a cozy abode to move to with your family, you’ll find several options available to you.

Practicalities of Buying a Farm in Portugal

This section will discuss the practicalities of buying a farm in Portugal. This will include the restrictions to purchasing for foreigners, the cost of farms in the country, and how to go about finding the right property for you.

GC-ICON-29Are there restrictions to buying land for foreigners in Portugal?

There are no restrictions to buying land in Portugal as a foreigner. The real estate sector in Portugal is also very well developed. You should, therefore, not have any problems when buying land or property here.

Although there are no restrictions in place, there are certain permits and documents that you may need depending on where the land is located. It is best to talk with a Portuguese real estate lawyer to determine if this is the case for you. For example, historic locations may require further documentation.

How much does buying a farm in Portugal cost?

property tax gains portugalAs with all properties, the price of farms depends greatly on their type, size, and the land attributed to them, in addition to if they are in good condition. The price of farms for sale in Portugal will also depend on where you buy. Land can be cheap in Portugal, some of the cheapest in Europe, and can cost less than €200 per square meter in some rural areas.

The cost for farms varies depending on many factors, such as age, type of building, location, the offer, etc. If you look for cheap farms for sale in Portugal, you can find some properties at €250,000.00 or even cheaper. There are also many properties on the higher end of the spectrum. To provide you with some examples, a 7-bedroom country house in Santarém (land is 4000m², with riding arena and horse stalls, situated about 50 minutes from Lisbon) can cost you €580,000, while a farm ranch in Caniçada, Braga (with ten beds, 4000m²) will set you back about €690,000. This is just to provide you with an indication of the prices that you can expect.

Much of finding a lovely farm depends on your luck and the property’s characteristics. There can also be abandoned farms for sale in Portugal that could be worth considering, which can be very friendly on the wallet. In this case, if you are looking for abandoned farms in Portugal, you can shape your farm pretty much from scratch, creating the perfect place to make your dreams of living on a cozy farm come true.

GC-ICON-28Luxury farms for sale in Portugal

To provide you with an indication of the more luxurious farms in the country, a farm with a vineyard in the Douro Valley (total size of 700m² and 10 hectares) will cost you €2,350,000.00. In the Alentejo, a luxury 4-bedroom equestrian farmhouse would set you back €750,000.00. Closer to the center of the country, a Silver Coast countryside farm-style villa will cost €349,000.00.

Properties that come with additional features, such as a swimming pool, private gym, or additional security, will obviously boost the price.

GC-ICON-93How to find the right property?

To buy a property in Portugal, start with research. Firstly, it is a good idea to have a general idea of the prices. Check out some of the Portuguese platforms where you can find this information. While there is no Zillow Portugal, it is worth doing some market research to get an overview of the market, such as ballpoint figures of property prices and the types of properties that you will come across.

If you are looking for farms for sale in Portugal, you can also refine your search by plugging in keywords such as “abandoned farms for sale Portugal,” “fruit farm for sale Portugal,” “olive farm for sale Portugal” or “organic farm for sale Portugal.”

It is worth having an experienced estate agent on your side. It is always good to have an impartial buyer’s agent on your side, such as Goldcrest, who can help you secure the best properties suited for you and help you with the buying process. Goldcrest also has exclusive access to new listings that you will not find elsewhere on the market.

Book a complimentary call to discuss your options with our team of experts today.

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Best Areas to Look for Farms for Sale in Portugal

Rural Portugal is often overlooked in favor of the 1,794 km coastline. However, exploring the heart of the country is a delight. From the green rolling hills of the Alentejo to the hidden gems in North Portugal, the countryside of Portugal is simply stunning.

Whether you are looking to move to Portugal for a calm and unique experience, to get away from the busy life back home, to be more in touch with nature, or simply for a change of scenery, Portugal is a good point of call.

The Alentejo

Farms sale in PortugalThe “Bread Basket of Portugal”, the Alentejo, is the beautiful beating heart of the country. The Alentejo is defined within Portugal as the land that borders the Tagus River at its northernmost point, down until you reach the Algarve on its southern border.

The Alentejo is a favorite with Portuguese locals as a holiday destination and is often overlooked by expats. The area is characterized by its rolling hills, picturesque horizons, and field-after-field of produce. The Alentejo experiences the warmest temperatures in the summer but also some of the coldest in the winter. However, many modern farmhouses are equipped with private pools to cool down in the summer months or roaring fires to keep cozy through the coldest nights. And you don’t have to give up ocean views, you’ll also find properties here by the coast that offer sublime sea views.

Tranquility and calm are what you will find in the Alentejo. Here, the old ways of life are still very much visible, creating an easy-going ambiance. An added bonus is that some of the very best wines are produced here.

Where would a person from Portugal buy a property? Well, a safe answer may be the Alentejo. What could be more appealing than sipping on some vinho tinto (red wine) and tucking into some fresh Portuguese delicacies whilst overlooking the vineyards and fertile lands where your food has been produced? Yes, you may just find your dream home here, nestled in the heart of the Portuguese countryside.

You can find out more about this charming part of Portugal in our article: Alentejo Portugal Real Estate Guide.

Santarém

santarem portugalA short one-hour drive north of Lisbon, you have Santarém. Continually favored by Portuguese monarchs, intense trading during the Middle Ages gave Santarém a period of great socio-economic development. The buildings and monuments still provide a window into Portugal’s history.

With beautiful countryside not far from the coast, Santarém offers a great climate all year round and some beautiful properties. The proximity to Lisbon and the Lisbon Coast makes it an excellent location, plus the Silver Coast is also easy to get to, with many charming towns lining the west coast of Portugal. You will find many farms and properties here that come with a swimming pool, perfect for those hot summer nights.

The North

north portugalNorth Portugal l offers a window into a life that has yet to adapt to modern realities. Here, you will find locals retaining the traditional ways of life in the heart of the countryside. Properties in North Portugal are also amongst the most affordable in the country.

Close to Porto and historic cities, such as Braga and Guimarães, North Portugal has ample to offer. Property close to Castelo Branco could also be an affordable option. Also, if you are looking for vineyards in Portugal, there are many wineries and vineyards in the north to explore.

Below are three exceptional regions known for their wine production and natural beauty. If you are looking for vineyards for sale in Portugal, you should consider these locations.

Douro Valley

douro portugal farmsThe Douro region in North Portugal is one of the country’s greatest attributes. Wine lovers may already be well acquainted with the name, as it is where the full-bodied Douro wines are lovingly crafted. However, if you are looking to buy a property in this region, you’ll find quaint little villages, rolling green hills, and drop-dead stunning landscapes.

Porto and Vila Nova de Gaia are part of the Douro and sit at the mouth of the Douro River. However, as you move further inland, you’ll find property prices decrease while the beauty of the natural landscape becomes even more apparent.

If you head north from the Douro Valley, Trás-os-Montes is also a top location to consider, close to the Spanish border, where you should be able to secure a farm at a very affordable price.

You can find out more in our article: Complete Douro Real Estate Guide 2024.

Viseu and the Dão region

viseu portugal real estateInvesting in a farm in Viseu and the Dão region of Portugal can be a wise choice due to its stunning natural landscapes, strong potential for wine production, diverse agricultural prospects, laid-back way of life, promising investment opportunities, and exceptional quality of life.

Moreover, it provides cost-effective living, whereby you should be able to find a traditional-style home at an affordable price.

Our article on Viseu, Portugal, real estate can provide you with more information on the perks of living in this charming area.

Alto Minho

alto do minho portugalThe northernmost wine region in Portugal is Minho, recognized primarily for its signature wine style: The refreshing and light white Vinho Verde.

Located between Porto and the Spanish border, if you’re looking for a part of Portugal where you’ll come across a lovely home in a quiet village or a large farm with equestrian facilities at an affordable price, then you may find it here.

This is a relatively unexplored part of the country, meaning that property prices will be lower than in other parts of Portugal. If you are looking for an affordable part of the country to buy property, Alto Minho could be an excellent option.

Silver Coast

silver coast portugalWhile a coastal region of Portugal, the Silver Coast still envelops part of the interior of Portugal. If you are looking for sublime countryside and natural beauty that is also not too far from the coast, consider the Silver Coast. Proximity to both Lisbon and Porto are other key selling points to buying here.

Combining the natural beauty of the countryside, sweeping views of the Atlantic, and the possibility of getting to the two largest cities in a couple of hours, living on the Silver Coast is, in many ways, the perfect location.

Buying a Farm in Portugal

farms in portugal for sale

Wherever you buy a farm in Portugal, rest assured that if you get the property right, you will have a peaceful and unique lifestyle.

Portugal is a relatively small country. You can drive from the southwesternmost point, Sagres, to Bragança, in the northwest, in just over seven hours. Because of this, you are never truly far from healthcare facilities, towns, or civilization.

 

Taxes and Fees Associated with Buying Rural Property

As with buying real estate in Portugal of any kind, you will need to factor in the taxes that you will need to pay and additional costs. Taxes will fall both at the time of purchase and on an annual basis.

Initial taxes encompass the Property Purchase Tax, also known as Property Transfer Tax (IMT) and Stamp Duty, while ongoing obligations consist of the Municipal Property Tax (IMI). Additionally, it’s important to consider the Capital Gains Tax when selling your property. For further details, refer to our article: Property Taxes in Portugal 2024: A Comprehensive Guide.

Legal expenses typically range from €2000 to €5000, based upon factors such as property type, purchase price, and transaction intricacies, in addition to the level of experience of the lawyer. Additionally, there is a Land Registry fee of €250 and Notary fees amounting to approximately €1,200. If you are considering getting a mortgage, consider expenses like the application fee of €290 and the bank valuation fee of €280 when consulting a mortgage broker.

 

Challenges and Risks

Owning a farm in Portugal can be a lucrative investment, but depending on the type of farm you opt for, you will no doubt face some challenges. We highly recommend speaking with experts in the field to find the perfect property based on your requirements, for example, whether you are looking for holiday cottages in the countryside or a larger-scale farming operation.

Below we have provided some additional challenges and risks to bear in mind.

  • The impacts of climate change may pose threats like irregular rainfall patterns, droughts, and heatwaves in the future, affecting crop yields and water availability. Working with resilient crops can help combat this.
  • Market fluctuations may cause unpredictable prices for produce, impacting profitability and financial stability, so be well prepared for this eventuality and plan accordingly.
  • Modernizing farm operations requires investment in technology, machinery, and infrastructure. You will need to ensure you are up to speed with the most efficient technologies to incorporate into your farm if you have a large plot of land and are looking to scale.

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: 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.

Frequently Asked Questions about Farms for Sale in Portugal

There is no one area where you will find the best farms for sale in Portugal. From the very north of the country down to the Algarve in the south, you will find viable properties. The Alentejo, Santarém in the center of the country, and the North of Portugal offer some incredible properties. These are often at very affordable rates.

You will find many property types, from small farms to huge mansions with acres of land and a swimming pool. One of the first steps is to determine a budget, and then you can begin scouting out potential farms. You should also consider whether you’re looking for a property with sea views, close to am international school, or where the closest healthcare facility is. These factors could all influence where you buy property.

British citizens are still able to purchase real estate in Portugal following Brexit. One thing that will change is that you will need to secure residency to live in the county. 

Yes. There are no limitations on foreigners purchasing real estate in Portugal. From North Portugal to the sundrenched Algarve region in the south, you should face no problems buying land in Portugal. 

In Portugal, the main crops grown are cereals (wheat, barley, corn (maize) and rice), potatoes, grapes (for wine), olives, and tomatoes.

You will find many property types on listing sites and be able to filter the properties; for example, if you are looking for a property with two bedrooms, you’ll be able to filter your search.

You can also filter by floor preference; for example, if you would like a ground floor apartment with a large living area, if you want the property to have two floors, or if you want a huge countryside mansion with acres of land. You should also think about additional features that you want the property to have, such as a swimming pool, garage, or large storage room.

Remember that listing websites can only get you so far. We recommend working with real estate agents or buyers agents to narrow down your search and assist you in finding your dream home to meet your requirements, whether you want to live in the city or a rural part of Portugal. For example, whether you are looking for a small farm, a ground floor apartment, or a spacious mansion with three bedrooms, they can focus your search.

Yes, you will find a range of farm sizes for sale in Portugal, depending on your requirements.

You will find vineyards, rural holiday cottages, fully fenced farms with private access, and rustic country houses. Imagine your living room granting you sweeping views of the rolling hills in the Alentejo or grand views of vineyards stretching before you.  Speaking with an experienced real estate professional will help you refine your search.

There are no restrictions for foreigners buying land or property in Portugal. However, specific permits and documentation may be necessary, depending on the location you want to buy property in. Consulting with a Portuguese real estate lawyer is advised to ensure compliance with any location-specific requirements, whether you are looking for a small farm or a large plot of land.

To discover farms for sale in Portugal, utilize online real estate platforms to get to grips with the market. Following this, work with real estate or buyer’s agents to narrow down your search for the ideal property, whether you are looking for a small farm in a quiet location or a large plot.

When choosing a location for a farm in Portugal, first determine your budget and the type of farm you want to buy – a small farm, a vineyard, a farmhouse, or a prime location for rural tourism? Following this, you can focus on specific regions that meet your requirements, working with a real estate professional who can assist you with narrowing down the location.

You’ll find many types of farms in Portugal, from fruit farms to vineyards. Whether you are looking for a small farm to retire to, or are looking to invest in a farm for rural tourism, there are many options available to buyers.

Prices will vary depending on amenities, location, and size of the farm, amongst other aspects. The amount of work needed on the farm will also be taken into account, as abandoned farms or farms in need of rehabilitation can be found at very affordable prices, while farms in very good condition will be more expensive.

Yes, foreign nationals will face no restrictions on buying farms – or other property types in Portugal. Nevertheless, it is important to note that acquiring property in a particular location may require specific permits and documentation. To ensure compliance with location-specific requirements, whether you’re interested in a small farm or a large plot of land, it is recommended to seek guidance from a Portuguese real estate lawyer.

The CAP Plan in Portugal aims to promote the sustainable development of agriculture, ensure food security, enhance forestry practices, and support the well-being of rural areas.

Sustainable farming practices, such as permaculture, will likely continue to take off in Portugal, as there is more global emphasis on energy and water-saving techniques, alongside embracing organic farming techniques to promote and enhance biodiversity and ecosystem health. There will also be an increased focus on embracing innovation and technology for efficient farm operation in agriculture, for example, in crop resistance to droughts and in streamlining processes to boost yields.

There are an array of gorgeous landscapes in Portugal, from dramatic pine forests to rolling hills, from coastal splendor to large lakes.


You can discover more in this exclusive chapter of our new e-book Your Expert Guide to Buying Property in Portugal.


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