SOLD. These stunning refurbished apartments are ideally situated on Rua dos Mártires da Liberdade; one of Porto’s most historic streets located in the heart of the arts district. In an area full of character and charm, these properties are surrounded by galleries, vintage shops, quaint cafés and small traditional restaurants.
Each apartment is stylishly designed and comes fully furnished for investors. The developers are offering a fully managed rental option with a guaranteed 3% rental return p.a. The building comprises of just five units, ranging from studio’s and one bedroom apartments.
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 these properties at just €350,000 as opposed to €500,000. After five years it is possible for residency holders to then apply for Portuguese Citizenship.