Commercial Serviced Apartments With Immediate Returns

Key Information

Price:: €350,000
Reference:: PP173833
Type:: Commercial
Location:: Porto, Porto & The Green Coast
Region:: Porto & The Green Coast
Country:: Portugal (PT)
Bedrooms:: 1
Bathrooms:: 1
Living Area:: 48m²

Description

This brand-new project is being done by an award-winning development company that has already built and refurbished some of the most beautiful properties in the city. This company also has a highly successful property management company that cares for serviced apartments in Porto, and they are offering a turnkey, qualified option with only 17 apartments available.

Eight T0+1 Studio apartments
Seven T1+1 One-bedroom Apartments
Two T2 Duplex Apartments

Every apartment has its own balcony, and there is an elevator that grants easy access to all units. There is a reception room that connects to the common garden area. There will also be a small swimming pool. Every apartment comes fully furnished, fully equipped, with all elements of the purchase included in the investment. This means your property deed, construction contract, lease agreement for property management, and all furnishings are part of the purchase.

Perhaps one of the most attractive benefits is that the management company is guaranteeing a 4% annual return for each unit, and they will pay it all upfront. That means you will be getting back €70,000 immediately upon completing your purchase.

Prices for these apartments range from €350,000 for a studio to €700,000 for a two-bedroom apartment. It’s worth noting that the two-bedroom apartments can be purchased in co-share ownership, so two different parties can purchase one.

Don’t miss out on this very special opportunity.

Enquire today!

Ref: PP173833