1st Floor, Four Bedroom Apartment in Porto


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


Four bedroom apartment in the breathtaking Panorama Douro Residence project, built by the M. Caetano Group on the banks of the Douro River. This project includes spacious apartments overlooking the Atlantic Ocean, built according to the highest standards, while emphasizing sophistication and functionality.


1st Floor, Four Bedroom Apartment in Porto


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


Four bedroom apartment in the breathtaking Panorama Douro Residence project, built by the M. Caetano Group on the banks of the Douro River. This project includes spacious apartments overlooking the Atlantic Ocean, built according to the highest standards, while emphasizing sophistication and functionality.


Price
696,640€

Status
Under Construction

Apartment Size
197.8 Sqm

Delivery
June 2021

Balcony
50.3 Sqm

Developer
M. Caetano Group

Floor
1

Additionals
Parking Space

Price
696,640€

Status
Under Construction

Apartment Size
197.8 Sqm

Delivery
June 2021

Balcony
50.3 Sqm

Developer
M. Caetano Group

Floor
1

Additionals
Parking Space

Continue
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Portugal lies on the shores of the Atlantic Ocean and shares a single border with Spain. Over the last few years, Portugal has become a vibrant center for tourism, with over 20 million tourists visiting the country just 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 that hitted the world in 2008, and has managed to keep growing steadily and consistently since 2014.


According to a report recently published by Ernst & Young, foreign investments in Portugal are currently skyrocketing, and all relevant economic measurements are in a positive trend. The Portuguese real estate market positive growth started simultaneously with Portugal’s recovery from the financial crisis, in 2014, and since then, the housing prices have increased by dozens of percent.

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Porto, the capital of Portugal’s Northern Region, is the second largest city in the country, home to about 240,000 residents. Porto lies on the shores of the Atlantic Ocean, and is characterized by unique and extraordinary mountainous landscapes. 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 Porto, compared with their high demand in the city, have led to a significant increase of about 32% in the value of apartments between 2013 and 2017.

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The Lordelo do Ouro e Massarelos Quarter is made up of two quarters merged by Porto’s Municipality in 2013. It lies on the banks of the Douro River, west of the Old City. This quarter is home to some 30 thousand residents, and it spans across an area of about 5.5 square kilometers.


The sciences, architecture, and art faculties of Porto University are located along the quarter’s outer lines. Porto University is attended by some 30 thousand students, and is considered to be the best academic institution in Portugal. The University is regularly featured on the list of the best 500 universities in the world according to all rating institutions. The quarter’s municipal area also includes five schools, two parks, and no less than 15 ancient and remarkably beautiful churches.

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Characteristics: The project is comprised of two buildings containing 90 apartments, carefully planned to provide a very high quality of life for its tenants. The project includes spacious luxury apartments overlooking the Atlantic Ocean, built according to the highest standards.


Location: This project is located in the very heart of Porto City, on the banks of the Douro River, next to the famous Arrábida Bridge.


Developer: Throughout its 20 years of activity, the M. Caetano Group has been developing residential, commerce and industry projects in Portugal. The group is also active in other fields, such as hotel management, events, and gyms.

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Capital Gains

  • According to a report published by Cushman & Wakefield, Porto’s real estate prices have increased by 32% between 2013 and 2017. The corporation’s experts estimate that the flow of foreign investments into Porto will help increase the demand for residential apartments.
  • In 2017, the housing prices in Porto have increased by 5.28%.

Rental Yield

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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

Simply click the "invest" button on the property listing to start your global property journey. With our customer-centric platform we'll support you with contracts and the entire management of the project right up to construction completion.

The management services provided by the Investmart group are divided into two stages:

1. Management services during the construction period;

2. Property management services. Further details can be found at our management services page.

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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