SOLD OUT! This commercial building comprises of two floors of exclusive retail premises and nine floors of modern offices. The building also has a tree top terrace which offers stunning views over looking Lisbon city centre. The building is located in the exclusive Avenida da Liberdade, one of Lisbon’s most busiest boulevards lined with shops, offices, restaurants and more. As a commercial project this building will also qualify under the reduced Golden Visa legislation from €350,000.
Project Highlights:
- Co-Ownership in prime commercial real estate (title deed over fractional building)
- Guaranteed Rental Returns:
Years 1-3 : 3% rental fix (net of expenses, but before investor own income taxes)
Years 4-7: net market yield (expected 4% +) - Guaranteed buy-back in Year 8, at market price minus 10%
Portugal’s Golden visa legislation allows a 30% reduction in the qualifying limit through investment in buildings which are over 30 years old and in need of renovation work. This commercial project falls into this category so investors can apply for a Portuguese residency visa by purchasing a share in this project at just €350,000 as opposed to €500,000. After five years it is possible for residency holders to then apply for Portuguese Citizenship.
