TNAP Serviced Apartments Porto is a 26-unit serviced apartment complex developed specifically for tourism purposes. The complex is located in central Porto, and Portuguese Golden Visa seekers can purchase freehold apartments from €350,000.
The Serviced Apartments in Porto will provide guests with room service, a laundry room, electric car charging stations, a parking lot, and a concierge service. The complex contains 2 studios and 22 one-bedroom apartments. All units will be fully furnished.
Construction for the project is expected to start in the first quarter of 2023, and it is expected to finish in early 2025.
Serviced Apartments Porto – The Investment
Portuguese Golden Visa seekers can invest in the property starting at €350,000. The units in the complex are all freehold apartments, and the building is professionally managed. TNAP offers investors a guaranteed return of 3.5% for the first five years. Investors can stay in the property for free for 7 days a year. Studios cost €350,000, while 1 bedroom apartments cost €400,000.
Developer
The developer is a Portuguese firm that operates across the real estate sector. The company has experience working on projects throughout the real estate value chain, including real estate investment, development, construction, asset management, and brokerage. They also operate widely in the hospitality industry. The developer’s staff is comprised of a senior, multidisciplinary team with extensive experience in real estate development and construction. The developer prides itself on value creation through high-quality development projects.
Location
The Serviced Apartments Porto are located in Porto, the second largest city in Portugal. Porto’s city center has been designated a World Heritage city by UNESCO because of its many historic sites, tourist attractions, and cultural heritage.
The complex is centrally located on Santa Catarina Street, Porto’s main shopping district. The property is walking distance from Porto City Hall, Bolhão Market, and the Chapel of Souls. It’s also close to Aliados Avenue, a lively street with historic buildings and quaint cafes. The property’s central location allows for easy access to any point in Porto, including the culturally rich and vibrant downtown area.
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 is 274 kilo-meters north of Portugal’s capital, Lisbon, and regular trains and flights keep Porto connected with the rest of the country and the European continent.
