The investors buying the apartments can secure Portuguese residency for themselves and their families without having to wait for the property to be commissioned.
Financing is available at 2.5—3% p. a., but to obtain a residence permit a minimum of € 500,000 needs to be invested immediately.
Investors can use the property for 4 weeks a year: for 1 week during the summer and winter seasons and for 2 remaining weeks at any time of the year.
Guaranteed yields of 5% under a five-year programme or 3% for 10 years, regardless of the apartments occupancy. Upon the termination of the preferred time period, the yields are to be calculated from the actual rental revenue.
The residence is located in Belém, the western district of Portugal’s capital, on the bank of the Tagus river.
Lisbon’s historical centre, cultural monuments, museums, restaurants, bars and all the necessary infrastructure for comfortable recreation are within walking distance.
Yachting aficionados will also appreciate the proximity of numerous marinas located on the coast of Belém, next to the residence.