Service apartments and commercial premises in a project near the ocean
€365,000 — €565,000
40 m² • €2,703.35+ m²
Portugal D7 Visa
6+ monthsNot limitedPortugal does not grant residence permits for investments in real estate under the Golden Visa program.
However, property purchase or rental is obligatory when obtaining a residence permit under a D7 visa.
Learn moreCost
Property cost
€365,000 — €565,000
Price for m²
€2,703.35 — €9,125
Purchase taxes
IMT - 8%; IMI - 0,3-0,8%
State fees
0,8%
Distances
Yield and management
Yield
7-10%
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, €520,000 Apartment, 1st floor, 51 sqm, €365,000 Apartment, 1st floor, 52 sqm, €367,000
Building 2
Commercial premises, 0 / 1 floor, 209 sqm + 130 sqm terrace, €565,000 Penthouse, 3rd floor, 65 sqm (including terrace, jacuzzi), €390,000
Real estate
Object type
Object category
Renovation
Object stage
Construction
Permits
Yes
Object completion date
Summer 2023
Design features
Ownership
Characteristics
Total area
40 m² — 209 m²
Number of storeys
4
Parking
No
Renovation
Standard
Furniture
Furnished
View
City
Equipment
Properties
Location
Portugal: best offers
Other offers
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