Property Description
30 Residential ApartmentsPorto Metropolitan Region– Vila Nova de Gaia
City Beach Lifestyle
Starting from € 125 000
5.3% Assured rental yield 2- year Rental Agreement
Vila Nova de Gaia is the Portuguese municipality with the biggest number of Blue Flag beaches in 2009 and in 2010: 17 beaches along 17 km of seaside. Situated on the Riverbank in an extremely popular area of the old town. Gastronomic experiences with a view. The perfect spot for a 3 hour lunch. Douro Marina is located just 15km from Porto
International Airport. One of the world’s finest Port Cellars a major tourist attraction in the city.
MANAGEMENT OPTIONS
• Owner Occupied
• Self-Managed
• Developer Managed
RENTAL YIELDS ARE PAID QUARTERLY
Purchasing the Units in Stage Payments
• 30% Deposit on completion of the Promissory contract less reservation fee
• First Stage Payment - 25 June 2021 20%
• Second Stage Payment – 31 December 2021 20%
• Execution of the Purchase Deed – Balance Paid by October 2022
Mortgages are available
• Loan Term up to 30 years
• Maximum loan amount up to 70%
• Variable or fixed rate (5,7 or 10 years)
These properties qualify for a Golden Visa (citizenship/residency by property investment)
Additional Details
- Living Space 125 m2
- Lot Size m2
- Furnished No
- Garage Yes
- Central Heating Yes
- Air Conditioning Yes
- Garden No
- Pool No