SOLD OUT. A collection of 41 stylish serviced apartments situated in the heart of Porto, one of the most charming and oldest cities in Europe.
Centrally located, this building is just a three-minute walk away from Aliados (Porto’s main avenue) and a one-minute drive away from the cities main highway.
The project’s contemporary architecture blends effortlessly with the urban lines of the city and is being built with an eco-friendly philosophy, featuring solar panels and electric car charging points. Each apartment has been stylishly designed with light and airy interiors complete with luxury finishes.
As touristic serviced apartments, the project falls into the commercial category and therefore qualifies under Portugal’s new Golden Visa legislation for 2022.
Investment Highlights:
The developer is offering:
- Guaranteed Rental Return of 3.5% for 5 years
- Possible buy-back option offer*
- 7 days usage per year.
Project Features:
- 28 Studio Apartments €350,000;
- 10 One Bed Apartments €400,000;
- 3 Two Bed Apartments €450,000;
- Room service;
- Private outdoor garden;
- Laundry room;
- Sports room;
- Coworking Space;
- Electric car charging points;
- Parking Spaces;
- Concierge Service.
For the full details, please contact our experts.
Golden visa legislation in Portugal 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 project falls into this category so investors can apply for a Portuguese residency visa by purchasing commercial unit 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
