58sqm, One Bedroom 2nd Floor Apartment, Portugal


Investment in Porto, Portugal, including management services by the Investmart group.


One bedroom apartment in Porto’s most affluent quarter, just a two minute walk from the beach. This is a 4-story building containing apartments in sizes between 58 square metres and 179 square metres.


58sqm, One Bedroom 2nd Floor Apartment, Portugal


Investment in Porto, Portugal, including management services by the Investmart group.


One bedroom apartment in Porto’s most affluent quarter, just a two minute walk from the beach. This is a 4-story building containing apartments in sizes between 58 square metres and 179 square metres.


Price
279,696€

Status
Under Construction

Apartment Size
58.4 Sqm

Delivery
September 2019

Floor
2

Price
279,696€

Status
Under Construction

Apartment Size
58.4 Sqm

Delivery
September 2019

Floor
2

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Portugal has become a vibrant centre for tourism, with over 20 million tourists visiting the country in 2017. Following prudent steps taken by the Portuguese government over the last few years, the country’s economy has successfully recovered from the financial crisis in 2008 and has managed to keep growing steadily and consistently since 2014.


Ernst & Young have reported that, foreign investments in Portugal are currently skyrocketing, and all relevant economic measurements are in a positive trend. The Portuguese real estate market growth started simultaneously with Portugal’s recovery from the financial crisis. Since 2014, the housing prices have increased exponentially.

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Porto lies on the shores of the Atlantic Ocean and is characterised for its unique and extraordinary mountainous landscape. Being the capital of the North of Portugal, many local corporations have established their headquarters within its area and are responsible for the employment of many of the city’s residents. Porto has a highly developed public transportation system - The six lines of its light rail train span across 60km, making it the largest urban public transportation system in all of Portugal.


According to a report published in 2018 by Cushman & Wakefield, the shortage in residential apartments in and the high demand, has led to a significant increase of about 32% in the value of apartments between 2013 and 2017.

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Characteristics: This is a 4-story building, containing eight apartments in sizes of 58 square meters to 179 square meters. The apartments in this project are built according to high level building standards, with accordance to the quarter’s unique characteristics and the popular features of the Foz area.


Location: This project is located on 276 Diu Street in the affluent Foz Quarter. The distance between the beach and the building’s entrance door is about 350 meters, or a two-minute walk. It is also located near the beautiful promenade, restaurants, and cafes. This is a pleasant and quiet area, far from the noise and traffic of Porto’s city centre.



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Capital Gains


Rental Yield

  • According to a report published by JLL, the rental price in Portugal has increased by 45% over the last 5 years.
  • Deloitte published a report on the Rental yield of residential property in Porto. In 2017 it stood at approximately 6%. According to other estimations, as of 2018, revenue from rent in Porto stands at about 7%.
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One of the mains benefits to investing in Portugal is the Golden Visa programme. A system that was put into place by the government that allows investors to claim citizenship 5 years after the purchase.


Key Details

  • Applicable to investors who purchase real estate worth over €500,000
  • Dual Nationality and EU citizen
  • Free-movement across EU countries
  • Beneficial for UK investors if there's a no deal Brexit.
  • Tax relief from real estate income
  • Your whole family is eligible

For more information, read our article discussing the benefits of the Golden Visa. Alternatively contact us if you have any questions about eligibility.

FAQs

All you need to do is click "continue" follow the steps, agree to the terms of our Management Agreement and click invest. We will manage everything from there. If you have any questions about the process or our management agreement, contact us here.

One of the main benefits to using our platform to procure new property developments is the use of our management services. Although, this page makes us look more like a realtor, we are not.

We provide a management service to property investors looking to diversify their portfolio abroad. Which will include managing the entire sales process, negotiations with the Property Developer, Interior Designers and Contractors. In addition, we'll help you set up a bank account and perform all the legal legwork.

  • Full management of the procurement process
  • Organisation of all legal and bureaucratic procedures
  • Regular construction updates & photographs
  • Ability to pay with instalments
  • Payment is not required through our platform
  • Fully Managed after purchase; including Tenant Sourcing & General Management
  • Everything can be viewed & managed from your Investmart account

No. There is no need to transfer a credit card nor a bank account number on the website. All the payments within the framework of the purchase are carried out by personal bank transfers.

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