A brand new co-living development near Porto’s university hub will be a 7,500m2 property that will cater to the students, young professionals and digital nomads flocking to this fine city by the thousands. This project offers direct property investment and guaranteed returns to all investors ready to move forward with all the benefits that come with a Golden Visa investment.
The features of this investment grant the investor guaranteed returns of 4% every year, or they can opt for 3% a year with a buyback option 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. Works begin in Q3 of 2022 with delivery expected for early 2024.
This opportunity is one of the only ones in Porto that will qualify fully within the parameters of the €500K 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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