Commercial properties for sale in the sought after condo Antiga Fábrica do Prado, Porto (min. 350K GV investment) 4% return!

 Portugal Residency / by Qualive / 94 views

Originally a sardine canning factory established in 1934, Antiga Fabrica do Prado ( https://qualiv.com/projects/antiga-fabrica-do-prado/) is being developed into a residential building near the ocean in the port town of Matosinhos Sul.
This Qualiv project (https://qualiv.com/plans to maintain the factory’s original facade and outer character while creating gardens on the south, west, and east sides of the building. Inside, the new design will give ample light to the 30 apartments (1-4 bedroom), which will share a gym, pool, and parking lot. 
Also on the premises, is a co-working space that will serve as a comfortable, quiet works space for the residence and general public. The cafe /restaurant will be the perfect spot to have a delicious and healthy brunch/lunch or dinner!
The condo is located in the heart of Matosinhos, surrounded by high-end residential complexes and premium commerce.

Key info:

  • High yielding commercial properties in exclusive condo in beach town Matosinhos/Porto:
    • Co-working space- 382.800 euro
    • Cafe space- 430.000 euro
  • 4% guaranteed return p.a. for 5 years
  • Listing ID: 78854
  • Enables residence and/or citizenship in:: Portugal
  • Enables owner's visa-free travel to:: EU/Schengen
  • Price range: US$250,000 - US$500,000
  • Ownership type: Freehold
  • Minimum holding period to maintain residence/citizenship status: 5 years
  • Construction status: Under construction
  • Property type: Other
  • Income-generating property: Yes
  • Annual maintenance costs borne by the buyer: No
  • No. of rooms: 2
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