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Main / Property / Portugal /

Service apartments and commercial premises in a project near the ocean

Portugal, Porto
ID PRT61588
Portugal residence permit by real estate purchase
ВНЖ в Португалии за инвестиции в недвижимость
Portugal residence permit by real estate purchase
ВНЖ в Португалии за инвестиции в недвижимость
Object sold
Service apartments and commercial premises in a project near the ocean
from €350,000

from 31 m² • from €3,397 m²

Portugal, Porto
from 31 m²
1 bed
1 bathroom
ID PRT61588

Cost

Property cost €350,000 – €710,000
Price for m2 €3,397 – €11,290
Purchase taxes IMT - 8%; IMI - 0,3-0,8%
State fees 0,8%
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Distances

500m to the ocean
10km to the airport
Infrastructure within a radius 200m

Yield and management

Yield 3—8%
Property management Yes

Description

For sale is an apartment in a renovation project consisting of 2 buildings from the end of the 19th century, located in the famous Quadra Maritima area in Matosinhos, Porto. The project is only 10 minutes by metro from Francisco Sa Carneiro Airport and 31 minutes from Trindade metro station in the heart of Porto. The area is within walking distance of Matosinhos Beach, a renowned surf spot and an enclave catering to wealthy and young Porto residents alike. The Municipality of Matosinhos is undertaking a major urban redevelopment of the area, with new esplanades being built, sidewalks being widened, facades and sidewalks being upgraded to support new commercial spaces and restaurants.

A total of 17 serviced 1 bedroom apartments and two commercial properties are available, each fully meeting the Golden Visa investment criteria.

The property is eligible for the €350,000 option.

In stock:

Building 1

Commercial premises, 0 / -1 floor, 180 sqm + 45 sqm terrace, €705,000
Apartment, 0 floor, 40 sqm, €350,000
Apartment, 1st floor, 51 sqm, €365,000
Apartment, 1st floor, 52 sqm, €367,000
Penthouse, 2/3 floor, 94 sqm + 36 sqm terrace, €385,000

Building 2

Commercial premises, 0 / 1 floor, 209 sqm + 130 sqm terrace, €710,000
Apartment, 0 floor, 70 sqm (including terrace, optional jacuzzi), €365,000
Apartment, 0 floor, 102 sqm, (including 2 terraces, jacuzzi optional), €370,000

Apartment, 1st floor, 31 sqm, €350,000

Apartment, 2nd floor, 31 sqm, €350,000
Apartment, 2nd floor, 32 sqm, €350,000
Apartment, 2nd floor, 32 sqm, €350,000
Penthouse, 3rd floor, 65 sqm (including terrace, jacuzzi), €395,000

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Real estate

Object type Apartments, Retail
Object category Renovation
Object stage Design
Permits On hand
Construction start date September 2022
Object completion date Summer 2023
Design features Ownership
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Characteristics

Total area 31 m² – 209 m²
Number of storeys 4
Bedrooms 1
Baths 1
Parking type
Number of parking spaces
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Equipment

Split system conditioning

Properties

Elevator
Balcony
Garden on the plot
Terrace
Internet
TV

Location

Object sold
from €350,000

from 31 m² • from €3,397 m²

Zlata Erlach investment
programs expert
Portugal Golden Visa

Real estate is eligible for participation in the program and obtaining a residence permit in Portugal.

Immigrant Invest is the official representative of the program.

€250,000+ Investment amount
2-6 months Obtaining period
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Schedule a meeting

Let’s discuss the details

Schedule a meeting at one of the offices or online. A lawyer will analyze the situation, calculate the cost and help you find a solution based on your goals.

Zlata Erlach Caribbean Investment Program Expert
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