DORM STUDENT RESIDENCE - PBSA PROJECT

 Portugal Residency / by Larissa Tavares / 78 views

Invest € 350,000.00 in the acquisition of fractions in a Purpose Built Student Accommodation Property in the Asprela University Campus, Porto, Portugal.

  • DORM is a new and exciting purpose-built student accommodation property in the heart of Porto’s university campus, in Portugal, and new co-living development for students and young professionals.
  • DORM will offer circa 347 new contemporary and fully equipped student rooms (circa 13 000m2 of co-living experience), with free WIFI and high-speed Internet and security.
  • All building permits have been obtained. The general contractor is an international building company (top 5 building companies in the country).
  • The property will feature circa 350 units, along with generous work and play common areas (study space, conference room, bar, padel/tennis courts, and cinema), along with shared facilities (wash and dry area, kitchen, and parking spaces).
  • The work schedule is to start in Q3/2022 and complete delivery in Q2/2024 at the latest.
  • The property will be the state of the art, in terms of design, layout, and technical innovations.
  • Listing ID: 72032
  • 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: Shares
  • Minimum holding period to maintain residence/citizenship status: 5 years
  • Construction status: Pre-construction
  • Property type: Other
  • Income-generating property: Yes
  • Annual maintenance costs borne by the buyer: No
  • No. of rooms: 1
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