SOLD. This luxury renovation project consists of 18 individually designed apartments located in one of Lisbon’s prime locations – Campo De Ourique. The earthy yet modern project offers clean and sophisticated living spaces. Choose from a selection of studio, one and two bedroom apartments. The project also comprises of its own stylish in house gym as well as a business suite which offers a concierge office service.
These apartments are forecasted to produce robust rental yields and have excellent capital growth prospects. They also qualify for Portugal’s popular Golden Visa programme.
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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.