SOLD. This fantastic new hotel project is offering investors a 4% guaranteed rental return and a buy-back option after six years of operation.
Located in one of Porto’s most sophisticated districts, the area offers stunning hilltop views to the Douro River and is just a short walk from downtown Porto. The charming boutique hotel has been tastefully designed to showcase the building’s most traditional and elegant features. The six bedroom project also consists of a stylish breakfast room, lounge, private courtyard and garden with swimming pool.
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.
Hurry, limited units available! Contact our experts for more details.
