This smart new project is located in the historic town of Evora, a UNESCO world heritage town, situated in the Alentejo region of Portugal. Evora is immersed in culture and history and abundant with local monuments, churches, a cathedral, Roman ruins and the second oldest university in Portugal- The University of Evora, founded in 1559.
The buildings close proximity to the University makes it an ideal project to be renovated and re-purposed to offer 26 stylish student residences. Each apartment will be tastefully designed to create a light and airy space. Investors can choose from a selection of one-bedroom and two-bedroom apartments. With an average of 7,000 students a year attending the University, these apartments will achieve strong rental returns. The developer is offering a guaranteed return of 4% p.a for five years or investors can choose an optional flexible return if preferred.
For the full details, please contact our experts.
Classed as a commercial investment, this project qualifies under Portugal’s new Golden visa legislation for 2022.