Two Studios for €380,000 – 4% Guaranteed Returns Per Annum
LM Luxe is a refurbishment category project that is Golden Visa eligible with an investment of at least €350,000. On sale are a total of 50 Fully Serviced Porto Portugal Apartments for sale ranging from studios to 3-bedroom apartments. The Lima Porto Serviced Apartments offer investors vibrant living spaces and a unique upscale experience. The premises include a cinema, lounge, storage units, parking spaces, and a fitness center. The complex is also situated right in the heart of Porto, Portugal’s second-largest city close to the cities universities. Upon completion, the property will no doubt be popular with students going forward.
The Investment – Porto Portugal Apartments For Sale
Investors seeking Portugal Golden Visas can purchase studio apartments with as little as €190,000. Meaning that foreign investors can purchase two studio apartments and be eligible to apply for the Golden Visa. However, options exist for apartments of all sizes, giving investors added flexibility and selection in their choice of investment. The investment provides a 4% guaranteed return OR an optional return based on the performance of the unit. Investors can also choose to live in the apartment 365 days per year.
Developer
The Lisbon based developer prides itself on its innovative culture and interdisciplinary expertise. They have extensive experience in the industry and were actually the first company to develop real estate projects under the Portuguese Golden Visa refurbishment category when the option was first introduced a few years ago. The developer has as large portfolio of completed projects in Lisbon and they have expanded their portfolio of properties in the low density areas of Portugal with hugely successfully €280k Golden Visa projects in Alentejo in towns like Alcacer, Grandola and Evora.
Location
The Porto Portugal Apartments For Sale are located in Porto’s Bonfim neighbourhood, which was ranked one of the coolest neighbourhoods in Europe by The Guardian in 2020. Surrounding the property is a trendy and artsy area that combines modern and traditional elements in ways that embody the true spirit of revitalisation.
The property is within 15 minutes of both Porto Airport and the Atlantic Ocean. It’s also just a 15-minute commute to downtown Porto, where one can find historic landmarks, world-class cuisine, and vibrant nightlife. The city is also home to Universidade de Porto, one of the best universities in Portugal.
Porto is 274 kilometers north of Portugal’s capital, Lisbon. Regular trains and flights keep Porto connected with the rest of the country and the European continent. In addition to abundant culture and history, the city is also one of Portugal’s main business centers. Porto is a city with modern infrastructure and world-class education.
Porto was also voted the Best Small City to Live and Work by The Monocle Small Cities Index in 2021.
