The International Investor’s Guide to Buying Equestrian Property in Portugal

equestrian

Are you looking to invest in Portugal’s thriving real estate market? Whether you are passionate about horse riding or simply drawn to the idea of living in one of the most scenic and inviting countries in the world, equestrian property in Portugal offers a unique opportunity to experience a quality lifestyle in Western Europe. 

Portugal isn’t just famous for its major cities, like the cosmopolitan capital of Lisbon, the second-largest city, Porto, which is considered to be the country’s cultural heart, or the stunning Algarve coast where luxury living in a Mediterranean country attracts individuals from all walks of life. 

Off the beaten track and, in many cases, accessible from international airports like Lisbon airport, you will discover that this beautiful country offers stunning ranches in regions like the Alentejo and Northern Portugal. 

The rolling hills and lush landscapes of Portugal offer more than beauty—these equestrian properties also offer international investors the chance to create and build equestrian facilities and create a legacy that will never date.

From established horse facilities available for sale to vast plots of land ready for development, Portugal offers an ideal blend of stunning natural landscapes and investment potential. Savvy investors can tap into the Portuguese real estate market and secure the perfect equestrian property for sale, promising a serene lifestyle and the perfect amount of space for their horses.

In this expert guide you will discover the ins and outs of buying your very own ranch and find out everything you need to know about envisioning your future in Portugal’s stunning countryside.

What is the appeal of equestrian properties in Portugal?

equestrian

Portugal is known for its rich equestrian traditions and the equestrian property for sale in the country offer unique lifestyle appeal. 

Investors will find that equestrian properties in Portugal often feature stunning landscapes, and are usually surrounded by agricultural pastures, woods, and gardens with equestrian facilities, offering space for horses to thrive.

The range of equestrian property features include everything from traditional farm and ranch style houses with ample land and a deep connection to Portugal’s deep cultural heritage, to more modern villas equipped luxury amenities and comforts including access to top-quality equestrian amenities.   

The location of these homes often offers proximity to equestrian facilities and annual events, quality land that is perfect for horse grazing and riding, and access to world-class equestrian care, including vets and trainers. However, it is important to consider the need for these essential amenities and services when choosing the location of the property you plan to purchase.

Another draw for equestrian enthusiasts is the opportunity to experience world-class horse riding, particularly on Portugal’s native breed of Lusitano horses. For instance, just outside Lisbon in areas like Santarém you can enjoy dressage lessons and exhibitions on these majestic horses at specialized centers.

In addition to the lifestyle appeal of investing in equestrian property, for buyers looking to relocate to Portugal, the country’s low crime rates, progressive legislation, and welcoming locals add to the country’s allure.  

As the seventh safest country in the world according to the 2024 Global Peace Index, Portugal offers a high quality of life that makes it an ideal environment for investing in Portugal real estate.

The investment potential of equestrian properties in Portugal 

Whether you are a dressage enthusiast or you are simply looking for the change of pace the calm and peaceful Portuguese countryside offers, investing in equestrian property for sale in Portugal is a promising financial and lifestyle investment in a stable, culturally rich country.

Not only are the average prices for property in the interior areas of Portugal, where you will find equestrian property options, much cheaper than in more popular areas, but with more tourists interested in sustainable tourism and visiting areas outside hotspot locations like Lisbon, Algarve, and Porto, investing in interior areas has become more lucrative. 

Northern Portugal, as well as the Alentejo region, are becoming popular locations for investors looking to enter the short-term rental market. For instance, it was recently revealed that rental yields stood at 8 percent in the interior area of Santarém. This is the highest rental yield recorded for the summer months of 2024.

This is also because the interior areas of Portugal were not affected by the More Housing Package (Officially known as Law №56/2023) law passed in October 2023 which placed restrictions placed upon investors in Portugal renting short-term rentals to capitalize on the country’s thriving tourism sector. 

Concerning property prices, according to the Confidencial Imobiliário, the average asking price for properties in the North of Portugal stood at €1,740 per square meter in 2023, while in Central Portugal, the average asking price was €1,864. In the Alentejo region the average asking price stood at €2,685. It is important to note that these are average asking prices, and prices for equestrian properties and luxury homes will be higher than average, but it does give a nice indication of the different prices by region.

Understanding Equestrian Life in Portugal

equestrian

Equestrianism is a big part of Portuguese life and culture. The practice dates back to the 18th Century when Portugal was a monarchy and Royal Stables existed. 

Portugal’s climate and vast natural beauty create the perfect environment for breeding and training beautiful Portuguese Lusitano horses, which are native to Portugal. The country also hosts local and international dressage events, which is a popular form of horse riding, as well as exhibitions and competitions like the annual Algarve Equestrian Gala. 

Portugal is also home to iconic institutions like the Portuguese School of Equestrian Art (Escola Portuguesa de Arte Equestre) in Sintra. The school presents, performs, and conducts training sessions in front of public audiences and appears at official ceremonies both in Portugal and internationally, raising awareness about the Lusitano horse and Portuguese equestrian culture and tradition.

Portugal is also a popular destination for horseback riding holidays, attracting tourists from across the globe with scenic trails in the Alentejo and Algarve regions and the Greater Lisbon Area.

What are the advantages of buying an equestrian property?

equestrian

If you are passionate about equestrianism, the unique appeal of equestrian properties in Portugal will draw you in, as will the unlimited luxury lifestyle opportunities  and property features each unique option offers. Portugal’s favorable climate and stunning landscapes create the perfect backdrop for equestrian activities, offering warm summers and mild winters.

The Portuguese real estate market offers investors a number of property types to choose from. Equestrian property for sale includes every type, from cozy villas near the coast in proximity to equestrian estates and training centers to spacious family houses or luxury mansions featuring their own equestrian facilities.

Considering all these advantages, it is easy to see that investing in equestrian property for sale in Portugal could be a great investment. Thanks to the country’s growing real estate market, equestrian property for sale in Portugal can also offer the potential for a high return on investment.

Additional advantages of purchasing property in Portugal include the country’s low cost of living compared to other countries in Western Europe, access to quality education and healthcare services, and participation in incredible cultural and recreational activities throughout the year.

Exploring the Different Regions to Find Equestrian Property for Sale in Portugal

equestrian 3

In the sections below, we will be exploring the regions where you can find equestrian property for sale in Portugal. 

The Alentejo Region

The Alentejo is the largest region in Portugal and kicks off our list as one of the best locations to invest in equestrian property for sale in this beautiful Western European country. Much like Portugal’s Madeira and Azores islands, the Alentejo is celebrated for its vast natural landscapes, stunning beaches like São Torpes Beach close to Sines, which offers blue waters and stunning views. The Alentejo offers a glimpse into the traditional heart of Portugal.

As the biggest agricultural region and cork producer in Portugal, the Alentejo landscape is dotted with cork oaks and olive trees, as well as farmland producing fruit, vegetables, and some of the best wines in the country. 

Alentejo’s historical cities, like Évora and Elvas, are UNESCO World Heritage Sites and are filled with iconic landmarks to visit. On the Alentejo Coast in the areas of Comporta and Melides, you will discover a hotspot for lifestyle buyers where luxury living, and fine dining is a part of daily life.

This stunning region also offers picturesque beaches, hiking trails, birdwatching opportunities, and horse riding. Whether you are seeking a tranquil family life or a peaceful retreat for retirement, the Alentejo region offers the perfect balance of countryside charm and access to modern amenities.

The Algarve Region

The Algarve region is not only known as a world-class golfing destination; the stunning region is also fast becoming a hub for equestrian culture in Portugal. 

This region has always been celebrated for its stunning beaches, luxury resorts, and vibrant tourism sector. However, the Algarve offers much more than just sun, sand, and good times. 

With over 300 days of sunshine annually, it boasts one of the best climates in Portugal. This makes it one of the perfect spots for investors in search of equestrian properties, with many farm ranches featuring horse facilities nestled in the heart of nature in areas like Faro, Monchique and Loulé which are a little further away from the coast. 

The Algarve’s tranquil landscapes are a haven for horseback riding, whether you’re exploring scenic beach trails or galloping through lush countryside. Equestrian enthusiasts will find the Algarve brimming with opportunity. The annual Algarve Equestrian Gala, which was held in Albufeira, showcases classical riding performances set to music, celebrating the region’s thriving equestrian scene. 

In addition, the Portugal Resident recently reported that Vilamoura’s newly renovated equestrian center will host the international show-jumping circuit in 2025. The center offers state-of-the-art horse facilities, including 1,000 new stables, a VIP entertainment area, and expansive training zones. 

The Algarve region’s real estate market offers exceptional opportunities for your dream equestrian home, where you can enjoy scenic rides, compete in exciting exhibitions, or simply enjoy nature in the Portuguese sun.

Porto and Northern Portugal 

The Greater Porto Metropolitan Area and parts of Northern Portugal are also considered prime locations for purchasing equestrian properties in the country. Over the past few years, Porto has become a major investment hub, recently ranked 10th in the Knight Frank 2023 Wealth Report due to a 12.7 percent increase in luxury real estate prices. The Knight Frank Wealth Report is a global study on prime property and investment locations.

The northern regions of Portugal have a milder climate, making them ideal for equestrian enthusiasts looking for a cooler part of the country. The area’s stunning landscapes, historic charm, and proximity to the Douro River, where farmland is surrounded by nature, are also reasons to visit. 

The Douro River winds through dramatic ravines and the famed Douro Valley, a UNESCO World Heritage Site known for its wine production. It provides stunning views and opportunities for scenic rides. Towns like Viana do Castelo, Braga, and Lamego are home to magnificent manor houses, and the area’s cultural heritage is evident through its castles and shrines. 

Whether you want a renovated farm to enjoy horseback riding or a luxurious estate with historical significance, Northern Portugal offers diverse options that cater to both lifestyle and investment requirements.

Central Portugal

Just an hour’s drive northeast of the Portuguese capital of Lisbon and the international Lisbon airport, you will discover the charm of Central Portugal. With captivating cities such as Aveiro, Guarda, and Coimbra, this region is rich in history and tradition.

Here, you will find a number of equestrian properties at affordable prices where traditional Portuguese life meets untouched natural beauty.

Central Portugal is home to towns like Santarém, a relatively unexplored region just over an hour’s drive from Lisbon that offers a more authentic experience compared to more developed parts of the country. The area features a variety of equestrian properties, often alongside homes equipped with modern amenities like swimming pools, perfect for escaping the summer heat. 

From the walled town of Óbidos, which is also just an hour away from the capital city of Lisbon, to cities like Coimbra and Leiria, tradition blends effortlessly with modern living. Viseu and Guarda are known for their stone architecture, preserving centuries-old history, while the coastal regions offer a refreshing contrast with their beaches and surfing hotspots like Peniche and Nazaré.

For nature lovers, mountain ranges in the center of Portugal, including Serra da Estrela and Lousã, provide endless opportunities for exploration. Whether you enjoy hiking, biking, or water sports like canoeing and rafting along the rivers and beautiful beaches, the region’s natural beauty is an ideal backdrop for an active lifestyle.

Understanding the Process of Buying Property in Portugal

documents-program

As in any country, buying property in Portugal can be a complicated journey to navigate on your own. Even though it is not mandatory, working with a real estate or buyer’s agent can help you with your property search and understanding the process, especially if you are looking for unique options like the best equestrian properties for sale in the country.

Are there restrictions on foreigners buying property in Portugal? 

There are no restrictions on foreign ownership of property in Portugal. However, non-EU citizens who plan on living in Portugal will need to apply for a visa to secure residency. The visa options offered by the Portuguese government include the Portugal Golden Visa, D7 Visa, and Digital Nomad Visa.

What are the steps of buying equestrian property in Portugal? 

Generally, the property purchase process in Portugal has six steps, which we will explore in more detail below.

Step 1: Apply for a Portuguese Tax Number

Non-EU citizens and EU citizens purchasing property in Portugal will need a NIF, which is your own personal Portuguese tax number, to open a bank account and complete financial transactions in Portugal. If you are a non-EU citizen, you will need a fiscal representative to apply online or at the local tax office.

Step 2: Secure financing 

Assess your finances, explore mortgage options from Portuguese banks, and understand associated costs such as taxes, legal fees, and property registration expenses.

Step 3: Find a property

Set a budget and research the Portuguese real estate market, focusing on location, amenities, and rental potential. Seek guidance from real estate professionals, such as buyers or real estate agents and real estate lawyers who can assist with the legal aspects of your purchase.

Step 4: Purchase the property

Once you find a suitable property, negotiate an offer with the seller. Consider having a buyer’s agent representing your best interests during negotiations. A buyer’s agent will work solely on your behalf and ensure that you purchase the property at the best price possible.

Step 5: Sign the Reservation Agreement and Promissory Contract (CPCV)

After an offer is accepted, you will often have to sign a Reservation Agreement and pay a deposit of between €5,000 to €15,000, which will then be deducted from the property price later on. 

The Promissory Contract (CPCV) finalizes the deal by legally binding both parties to proceed with the sale under the pre-approved terms. The CPCV is signed in front of a Notary, and a deposit of around 10 percent of the property price is paid.  

Step 6: Signing the Escritura

The Escritura, or Final Deed, officially transfers property ownership. Signed before a Notary, it involves paying remaining balances and fees. After signing, the buyer becomes the official owner, concluding the process.

What are the required documents for buying property in Portugal?

Below, we have put together a list of the documents you will need when buying equestrian property for sale in Portugal:

  • Photo ID: A valid identification document that verifies your identity    
  • Contrato Promessa de Compra e Venda (CPCV): The buying contract or property deed that outlines the terms and conditions of the property purchase    
  • Energy Certificate: This document provides information about the energy efficiency of the property and must be presented to you by the seller
  • Imposto de Selo: The Stamp Duty payment, which is a tax required by the Tax Authority for property transactions
  • Caderneta Predial: The land registry document contains information about the property, including its location, boundaries, and registered owner

Why work with BE Global?

contact us

BE Global Properties is the discerning property investors’ gateway to meticulously curated properties that transcend ordinary listings. Look no further when searching for your next dream home or investment property in the Portuguese luxury real estate market. 

Explore our exclusive listings page and work with our experts, who offer market insights, smart investment choices, and exceptional customer service to find the property investment for sale that is perfectly tailored to your lifestyle. 

Contact BE Global Properties today and start your search to find your global haven.

Frequently Asked Questions about Buying an Equestrian Property in Portugal

What makes equestrian properties in Portugal appealing?

Investing in equestrian properties in Portugal is appealing for many reasons, including the country’s safety, low crime rates, and rich equestrian traditions. Portugal provides a range of property types, from historic farmhouses to spacious equestrian ideal environments for breeding horses and enjoying equestrian activities.

What are the key considerations when buying property in Portugal?

When buying property in Portugal, key considerations include obtaining a NIF or Portuguese tax number, opening a local bank account, and adhering to legal procedures. It is also essential to factor in property taxes, mortgage requirements, Notary fees, and legal representation. 

Is it important to have a local real estate agent when buying property in Portugal?

Although professional real estate assistance is not a strict requirement, it is highly recommended that you work with a buyer’s agent or a real estate agent, as real estate professionals will help you navigate the buying process seamlessly. 

Why is hiring a lawyer recommended in the property-buying process in Portugal?

A real estate lawyer is invaluable in navigating and understanding the property buying process and the legal complexities that go along with it. Real estate lawyers specialize in property law and can offer expert advice, conduct due diligence on the property seller, and help with sale agreements. A real estate lawyer’s understanding of the Portuguese real estate market and law will ensure that your investment is legally compliant and protect you from potential legal issues.

How can I identify the best region in Portugal for equestrian activities?

By doing research and working with experienced real estate or buyer’s agents who can help you search for an equestrian property for sale that best suits your lifestyle budget. You can also visit exclusive listing sites like BE Global Properties and contact one of our friendly agents for tailored assistance. 

What lifestyle opportunities are available for equestrians in Portugal?

Thanks to Portugal’s stunning landscapes and ideal climate, keen horse riders can enjoy a wealth of lifestyle opportunities. 

Portugal’s climate is perfect for breeding and training horses, and you can also participate in events such as the Algarve Equestrian Gala or enroll in institutions like the Portuguese School of Equestrian Art in Sintra, where traditional equestrian skills are taught and showcased. 

Additionally, Portugal offers idyllic horseback riding holidays featuring scenic trails in regions like the Alentejo and the Algarve, making it a top choice for both riders and tourists seeking exciting equestrian experiences.

What tips are there for finding the right equestrian property in Portugal?

When searching for the ideal equestrian property for sale in Portugal, beginning with research is a good place to start. You should also consider working with an experienced real estate or buyer’s agent who can guide you in finding a property that aligns with your lifestyle and budget. 

Additionally, explore exclusive listing sites like BE Global Properties to discover a variety of options. Don’t hesitate to reach out to their knowledgeable agents for personalized support and advice throughout the process, ensuring you make an informed decision that meets your equestrian needs.

Where is the best area to find equestrian property in Portugal?

Finding the best area to invest in equestrian property for sale in Portugal really depends on your budget, lifestyle, and requirements. However, the Alentejo region, the center of Portugal, the Algarve, Porto, and Northern Portugal are considered to be the best areas to find equestrian property for sale in Portugal. 

How do you go about buying an equestrian property in Portugal?

As with any property purchase, the best thing to do is start with research. You will need to obtain a Portuguese Tax Identification Number (NIF) for the purchase. The property-buying process can be broken down into the following steps. 

  • Step 1: Find the perfect property 
  • Step 2: Secure financing 
  • Step 3. Make an offer 
  • Step 4: The Reservation Agreement and Promissory Contract (CPCV) 
  • Step 5: Sign the Escritura (Final Deed) 

What types of equestrian property in Portugal are available for investment?

Equestrian property types in Portugal range from sprawling ranches equipped with state-of-the-art horse facilities to smaller properties in proximity to stables or attached to stables, each of which will cater to your needs and preferences.

How do the equestrian activities in Portugal compare to other European countries?

Portugal is a unique destination for equestrianism in Europe and is known for its rich equestrian heritage, particularly in connection to the native Lusitano horse breed. Portugal also offers diverse equestrian activities, from traditional horseback riding to high-profile international competitions.  

Which amenities do equestrian properties come with?

Many equestrian properties in Portugal feature residences designed for comfort and luxury, as well as state-of-the-art equestrian facilities. You will also be able to find smaller properties in proximity to stables or attached to stables.

Article Menu

Related

BE Global Properties â’¸ 2024

AMI-23310