Luxury Hotel Apartments for sale in Porto

Luxury Hotel Apartments for sale in Porto

Vila Nova de Gaia, Portugal

For Sale, Luxurious Portugal, Luxury Properties

€ 330.000

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Property ID :

 POR1220

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Bedrooms

1

Bathrooms

1

Garage

1

Area

39 SQ Meters

Year Built

2022

Plot Size

background Layer 1 63 SQ Meters

Description

Luxury Hotel Apartments for sale in Porto

These Luxury Hotel Apartments for sale in Porto are part of a large riverfront development in the Vila Nova de Gaia district.

Situated on the south bank of  the River Douro, the properties are at the heart of these twin cities which have played a pivotal role in Portugal’s history. Parts of the region also enjoy UNESCO World Heritage Site status.

In total, the development includes 106 apartments, ranging from studio apartments to three-bedroom duplexes of various sizes. All of these suites benefit from private balconies or views over the river to Porto. Although the hotel will rent some of the apartments, a number will also be available privately.

However, all purchasers who place their apartments in the hotel’s rental pool will have their property furnished. They will also receive a guaranteed return of 4% gross per annum on their investment for three years.

In addition, there will also be the extra benefit of up to six weeks’ personal usage per year. The rental structure ensures a protected  investment opportunity for buyers looking to take advantage of an increasingly strong market in Porto.

Luxury Hotel Apartments for sale in Porto

More about this Hotel Suites Project

  • The apartments managed by the hotel will offer a 4% rental guarantee per annum for the first three years, payable quarterly in arrears and based on purchase price.
  • Each apartment managed by the hotel will be fully-furnished.
  • A buyer is entitled to six weeks’ personal usage per annum. Two of the these weeks are free of charge, two at a 50% discount from normal rates and two weeks at a 25% discount.
  • After the initial three-year period, all rents from the apartments will be pooled and then shared. The management company will keep 55% and the participants in the rental programme will receive 45%.
  • The hotel will also incorporate a spa, a gym, a swimming pool, restaurants and bars.

Construction is already underway and it is expected the hotel will be ready to welcome its first guests in 2022.

Golden Visas in Portugal 

As well as being a great opportunity for investment in property, these Luxury Hotel Apartments for sale in Porto offer a potential buyer an opportunity to apply for a Golden Visa in Portugal.

Currently, acquisitions of property worth €500,000 or more offer an option to apply for Schengen Visa rights for both the purchaser and their family. More information on applications for Golden Visas in Portugal are available here.

Should you wish to discuss this with us please leave your details or call us by clicking on this link. We are also selling properties in the Lisbon region including Cascais, Estoril, Sintra as well as in Silver Coast..

Why us?

We have offices in Lisbon, Edinburgh, Bodrum, Istanbul and Fethiye in south-west Turkey. There are numbers of happy clients who have invested in properties in Portugal via our company. We can also assist you with your Golden Visa applications in Portugal. If you wish to speak to one of our representatives, please let us know by leaving your details here: https://www.keyholdersinternational.com/contact/

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