Apartments in a new residential student project in Porto

Apartments in a new residential student project in Porto
Portugal, Porto
ID – PRT53422
Price
from 190 000 €
Size
from 24 m²
Beds
1-3
Bathrooms
1-3

Price

Selling price 190 000 € - 560 000 €
Cost m² 6 222 € - 7 917 €
Purchase taxes IMT - 7-8%; IMI - 0,3-0,8%
State fees 0,8%

11km

to the ocean

14km

to the airport

500m

infrastructure

Profitability and management

Real estate yield (year) 4%
Property management Yes

Assistance in the sale of the object upon exiting the investment!

Description

For sale there are apartments in a student residential project in the center of Porto in the Bonfim area, 15 minutes from Porto Airport. In 15 minutes you can reach the center of Porto and its famous Avenida dos Aliados, as well as other iconic sights such as: Torre dos Clérigos, Mercado do Bolhão and Universidade do Porto – the best university in Portugal. The famous historic banks of the Ribeira River are within walking distance.

The University Center of Porto is only 10 minutes away. The nearest metro station is Combatentes, just 4 minutes walk. Lisbon is 315 km away.

Designed as a student residence, the property offers exceptional value with amenities often found in private upscale condominiums such as: private parking, gym, private and community gardens, and a student lounge and communal kitchen. This opens up the prospect of a specialized and competitive rental market. The owner can also live indoors if he has wish. Porto is home to some of the best universities in Portugal, so it is a market with great interest and potential.

The project consists of 50 apartments (from studios to 3-bedroom apartments), there are parking spaces and storage rooms.

Guaranteed rent 4% for 5 years. The project is eligible for the €350,000 option.

The property

Object type Apartments
Object category New house
Object stage Design
Permits In the process of receiving
Construction start date early 2023
Object completion date late 2025
Design features Ownership

Characteristics

Total area 24 m² - 90 m²
Number of storeys 5
Floor 1, 2, 3, 4, 5
Bedrooms 1-3
Baths 1-3
Parking Yes
Parking type Underground
View city

Equipment

Properties

Pantry Gym Garden on the plot
Internet TV

Location

Portugal, Porto

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Svetlana
Gorchakova

Sales Director