We are delighted to announce that our re-habilitation project for the 409 has finally been approved by Porto City Hall.
The building will raise one extra floor in height and will accommodate 6 brand new apartments, with three different layouts options. All of them will be fully equipped, suffused and using natural materials. Due to the building's central location these are perfect for both tourists and locals alike.
Given this is a re-habilitation project in an historic part of town, the investment qualifies for the 350K golden visa. In fact, this is probably the only case in the market where the investor can actually get two apartments while still spending this minimum amount. Besides the obvious benefit of risk diversification, smaller apartments provide a much higher yield per square meter.
In case we've sparked your interest, you can check the full details in our investment deck.
Don't hesitate to get in touch for more info, but don't take too long, the golden visa program for real-estate investments in Porto and Lisbon is ending this year.