Apartments with panoramic view in a residential complex in the center of Porto

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Portugal, Porto
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65 m² — 146 m²
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1—2 Bedrooms
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1—2 Baths
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ID PT7683

from €509,000

65 m² • from €4,164.38 m²
Elena Kozyrevaexpert of the Portugal residence permit program for investment

Cost

Property cost

€509,000 — €608,000

Price for m²

€4,164.38 — €7,830.77

Purchase taxes

IMT - 7-8%; IMI - 0,3-0,8%

State fees

0,8%

Distances

Ocean 7 km
Infrastructure 500 m
Airport 18 km

Yield and management

Yield

3%

Property management

Yes

We will help you sell the object if you decide to exit the investment

Description

This project is a reconstruction of an 18th century building, preserving its unique architectural features. The object is located on the banks of the Douro River and has magnificent views of the river and the city. The complex is within walking distance of the main attractions of Porto, including its historical center, traditional port wine cellars, Don Luis I Bridge, Se Bridge, etc. The nearest golf clubs are located at a distance of 4 to 11 km.

The complex consists of 2 independent buildings, a renovated building and a new building, separated by an internal private garden. In the renovated building, most apartments have mezzanines. The project includes 17 upscale studios and one- and two-bedroom apartments. All apartments have air conditioning, double glazed windows, a fully equipped kitchen and can be fully furnished.

The developer provides its clients with the opportunity to provide management services. The management company may be responsible for all expenses including maintenance, condominium, water, electricity, internet, TV and insurance. In addition, the management company plans to provide an annual return of 3% under a 5-year lease agreement.

Real estate

Object category

Renovation

Object stage

Ready

Permits

Yes

Design features

Ownership

Characteristics

Total area

65 m² — 146 m²

Number of storeys

4

Bedrooms

1—2

Baths

1—2

Parking

No

Renovation

Standard

Furniture

Additionally

View

City, River

Equipment

Split system conditioning

Properties

Balcony
Open deck
Garden on the plot
Internet
TV

Location