Condominium buy in Massarelos Porto

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 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. 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. Enquire with us today! Ref: PP172892 Property Features Apartment 1 bedrooms 1 bathrooms