Rural Land Business ideas Expats | Price Property Portugal incredibly cheap | Potential to profit?

Unsure of moving to Portugal? With the excellent price of Rural land in central Portugal the opportunity for expats is once in a lifetime. Changes in recent law has seen the HUGE changes to commercial usage to Residential with the new Housing scheme announced in March 2023.

This law has been a life changer as this allows the possibility of buying a cheaper commercial place to buy in a Village at a third of the price ( commercial sells for +/- €350 per square meter Residential €1900 psm)and and this would leave ample change to buy that special piece of rustic land for business use. Not as in opening a McDonalds but an agri-tourism business with first obtaining a license from the local Camara (council)

Portugal has such an undeveloped Day-tourism business in this realm and is many light years behind the likes of New Zealand also abundance of land but theirs is utilised to the hilt with adventure sports and Day-tourism. This small Masterclass on agri-tourism business on Rural Land in Portugal will provide an Indepth answer to your probing interests of Portugal.

I discuss the TOP 5 tourist trends and reasons where world tourism is headed and why Portugal sits on the cusp of an incredible vantage point. How to make money from rural land in Portugal is top of your list then this YouTube is for you. Rural land sells for as cheap as €0.50 per square meter upwards to €2.50 for expensive land where as in comparison to a place like New Zealand that is a MECCA for " Day Tourism Adventure" due to their abundant Rural and farming lands - just as Portugal sits with an abundance too. Portugal however sits in the centre of the world and often in media referred to as the " California" of Europe.

1) Self Betterment
2) Experience
3) Excitement
4) Surprise element
5) Nostalgic moments (Emotional Luxury) not to be confused with 5 Star Resorts

Followed on by the top 5 points what motivates a tourist to "Stop" their car, what are the criteria required to coerce the tourist to " Stop" the car and why it is critical to start Tourist-centric hubs that cater for many interests and needs. I map out the critical criteria required when buying Rural land and the many rules. Number 1 - day tourism should not be further than an hour out of a main city eg Algarve, Porto or Lisbon. There should be 2 arterial roads moving through the town. The Agri-tourism business should find 3 other collaborators to form a 4- Tourist hub that will form a circle of activity around the village. They will all hold signage that supports all 4 businesses on their sites. There will be Suggestive signs, a second layer that sits a further 2km out and is the first hints of the exciting day-tourism that sits within the area, this all due to the fact that land is cheap in Portugal.

The 5 important points to consider before a move to Portugal and venturing into a rural land business.
1) Aptitude test
2) Do you not need a holiday? or do you want to live in Portugal? Tree Change or Holiday ?
3) Are you running from something?
4) or final if all else fails, get therapy before you consider retirement in Portugal

The Final stage would be finding collaborators for a Tourist-hub once you have decided on the perfect VILLAGE, this is probably the most difficult of all. Portugal villages are scattered across Portugal and at as little as 0.50c per square meter it will be an exciting journey. Never rush this as you will remember the searching with fond memories. Once you have found the land that will suit your price of rural land then prior to a purchase go into the " Junta" or " Camara" and find out about your agri-tourism interest. Prior to any purchase you need to confirm their plans for the region and where the REN or RAN is placed on the land. Is it agriculture or is it Forestry? Do your homework first before you buy rural land in Portugal.

Completing this was the " Suggestive signage" what this is and how it effects day-tourism, It is critical when running a day-tourism business in a rural part that you keep your expenses down as much as possible and how this keeps the stress cost down for the expat and supports a lifestyle where cost of living is not too expensive. If you are moving to Portugal from the uS or moving to Portugal from the UK, then both require a plan.