SOLD OUT! Situated in the charming area of Alcácer do Sal lays this fantastic new complex consisting of 35 freehold apartments. The residential development has been designed in a traditional Portuguese style externally, combined with modern interiors and luxury touches to optimise comfort and elegance throughout. Every small detail has been carefully considered and solar exposure has been maximised across all the properties.
Choose from a selection of one and two-bedroom units over three floors. Some units benefit from large terraces and every unit comes with a designated parking space. The private development also features a large communal swimming pool surrounded by pretty landscaped gardens, a children’s playground and a padel court. The fully managed apartments are estimated to generate investors returns of between 3.5 -4% p.a.
An area which is renowned for its fantastic gastronomy offering and charming historical buildings, Alcácer do Sal is located just 25 minutes from the coast and 45 minutes from Lisbon city. For more information on the available units, please contact our team.
PROJECT HIGHLIGHTS:
- 35 freehold Units , one & two bedrooms.
- Prices from €280,000 – €450,000 (plus fees);
- Developer estimates rental returns of 3.5% – 4% p.a;
- Located in the charming Alcácer do Sal;
- Communal pool, gardens, padel court and playground;
- Minutes from an array of local amenities;
This project qualifies as a touristic commercial project and therefore qualifies under Portugal’s new Golden Visa legislation for 2022. Investors can apply for a Portuguese residency visa by purchasing a share in this property at just €280,000 as opposed to €500,000. After five years it is possible for residency holders to then apply for Portuguese Citizenship.