TO INVEST IN LISBON, PORTO, CASCAIS & ESTORIL
BY 1ST JULY 2021
From July 2021, investment in coastal locations including Lisbon and Porto, Cascais & Estoril will no longer qualify. The Government stated there will be a transition period which will run to 2022, which will allow investors to complete their transactions.
South Africans planning to buy property in Portugal as part of a “Golden Visa” application for residency only have six months left until July 2021 to invest in the main centres of Lisbon, Porto, Cascais and Estoril. After that, amendments to the county’s Foreigners Act of 2007 will mean that property investment for the purposes of obtaining residency will only be allowed in certain smaller towns in the interior of Portugal, and in the autonomous regions of Madeira and the Azores islands.
This presents a six month window of opportunity to Golden Visa investors who wish to invest in the country’s prime locations before the new changes come into effect.
As travel has been disrupted don’t waste another year, you may want to consider our €368,000 development Santa Catarina Residences a new development consisting of 16 modern one bed apartments and two penthouses in Porto which provide guaranteed rental income and a full return of funds at the end of the programme.
Should you still be interested in the programme it is advisable to submit your application as soon as possible. Once the application is in process it will be honored.
SANTA CATARINA RESIDENCES – PORTO
(ONLY 8 AVAILABLE)
Santa Catarina Residences starting from €368,000
A great investment opportunity. Santa Catarina Residence building is being fully modernized into 18 upscale residential units. The apartments are composed of 16 one bedroom units and 2 two-bedroom units the sizes vary from 48,9 up to 123 sqm.
All apartments include air-conditioning, double glazed windows, fully equipped kitchens, and comes with an option of being fully furnished. Situated on Rue de Santa Catarina the most commercial street in Porto, which is one of the city’s most thriving neighborhoods.
Surrounded by luxury hotels, boutique stores, cafés, restaurants, historical buildings and tourist attractions. You are connected not only to the city but the rest of the country as well. It is close to Bolhão market and less than 5 minutes from the Bolhão subway station.
- Only 8 units still available
- From €368.000
- A 5 year guaranteed return on investment
- Qualify now with this investment for the Golden Visa
For more information contact firstname.lastname@example.org – Tel: + (0) 83 777 9104