Q&A | Edifício AEG

Q WHAT TYPE OF DEVELOPMENT IS THE AEG BUILDING?

A

The AEG building is a residential condominium comprising 32 units, from studios to 2, 3 and four-bedroom apartments located form the 1st to the 4th floor. In addition to two entrances the ground floor grants access to the private car parking and storage area.

Q HOW WILL THE AEG BUIDLING BE MANAGED?

A

The individual units will be handed over once the condominium administration and management operation has been set up and is underway. Thus, and from this time on, all activities related to the maintenance of the different equipment and facilities, periodic cleaning of the common areas and doorkeeper service will be taken care of and fully operational.

Q CAN THE APARTMENTS BE CUSTOMISED DURING THE CONSTRUCTION PHASE?

A

Yes. Up to a certain construction phase it is possible to choose from various alternative finishes and equipment types offered by the Developer.

Q WHEN WILL THE CONSTRUCTION WORKS BE CONCLUDED?

A

The constructions works are expected to be concluded by the end of the 1st quarter of 2021. Consequently, it is estimated that the first units will be handed over from the month of September of that year.

Q WHO IS THE CONTRACTOR RESPONSIBLE FOR THE CONSTRUCTION OF THE AEG BUILDING?

A

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Q ARE THERE SOLUTIONS FOR THE FITTINGS AND INTERIOR DESIGN OF THE AEG BUILDING APARTMENTS?

A

Yes. We offer our customers standard or completely customised solutions for equipping and decorating their apartments.

Q IF YOU BUY AN APARTMENT AT THE AEG BUILDING, CAN YOU GET ACCESS TO THE GOLDEN VISA OR NON-HABITUAL RESIDENT PROGRAMMES?

A

Yes.

When nationals of third countries buy, either in person or through a company, immovable property valued at € 500,000 or more, they can apply for a temporary residence permit (Golden Visa), without having to obtain a residence visa beforehand. The programme offers a number of benefits, not least of which is the fact that golden visa holders can circulate freely within the schengen area (*).

The Tax Regime For Non-habitual Residents allows portuguese and foreign individuals, who want to settle in Portugal, to benefit from a special taxation regime for 10 years. To benefit from this regime, the person must not have been resident in Portugal for tax purposes during the last five years, and must become so and normally reside in the country. The fiscal benefits obtained are reflected in certain types of income and pensions, obtained in Portugal or abroad.

For more information, please download the pdf documents available here.

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