€350K Golden Visa Qualified Student Housing In Porto - Guaranteed Returns And Buyback Option
€ 350,000£ 301,711$ 369,519
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Porto, Porto & The Green Coast
Ownership Status: Company
Built in: n/a
Student accommodation is in higher demand than ever, and the new DORM student housing and co-living development not only satisfies this need for the city, but it also grants all investors the benefit of the highly popular Golden Visa Programme in Portugal. After 2021, the purchase of properties in Porto for habitation purposes no longer qualifies, but this project does as it’s a commercial development.
The features of this investment grant the investor guaranteed returns of 3.5% every year, with a buyback after five years of revenue production. The investor also gets a free hotel stay for seven days during the initial trip to comply with their application of biometric data collection.
The project will be done by a reputable developer that has been constructing large projects in Portugal since 2013. Once completed, the property will be rented out to a large student accommodation operator.
This opportunity is one of the only ones in Porto that will qualify fully within the parameters of the €350K Golden Visa, with the further advantages of returns and a buy-back option.
Porto is the 2nd largest city in Portugal based on its population; located in the North of the country, it is the city where Portugal’s name comes from. Porto’s name around 2200 years ago was Portus Cale that became Condado Portucalense later.
It’s a city known worldly for its wines, its contemporary and antique architecture, its historical centre as well as its football team, the Porto University (among the best 100 European universities), for the high quality service in its health centres and for its restaurants and gastronomy.
Porto was classified as World Patrimony by UNESCO.
Don’t miss Vila Nova de Gaia with its many tapas and port wine places, chocolate shops and River Douro trips! Visit the São Bento rail station, church of Santa Clara, Café Majestic, Chapel of Souls (Almas), Portuguese Centre for Photography, the gardens of Palácio de Cristal, Dom Luis I bridge, Casa da Música (Music house) and so much more!
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