Service apartments and commercial premises in a project near the ocean
Portugal, Porto
ID PRT61588
Object sold
Service apartments and commercial premises in a project near the ocean
from €365,000
from 40 m² • from €2,703 m²
Portugal, Porto
from 40 m²
1 bed
1 bathroom
ID PRT61588
Cost
| Property cost | €365,000 – €565,000 |
| Price for m2 | €2,703 – €9,125 |
| Purchase taxes | IMT - 8%; IMI - 0,3-0,8% |
| State fees | 0,8% |
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Distances
Ocean 500m
Airport 10km
Infrastructure 200m
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
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Real estate
| Object type | Apartments, Retail |
| Object category | Renovation |
| Object stage | Construction |
| Permits | On hand |
| Construction start date | September 2022 |
| Object completion date | Summer 2023 |
| Design features | Ownership |
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Characteristics
| Total area | 40 m² – 209 m² |
| Number of storeys | 4 |
| Bedrooms | 1 |
| Baths | 1 |
| Parking type | |
| Number of parking spaces | |
| Repair | Standard |
| Furniture | Furnished |
| View | city |
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Equipment
Split system conditioning
Properties
Elevator
Balcony
Garden on the plot
Terrace
Internet
TV
Location
Object sold
from €365,000
from 40 m² • from €2,703 m²
Zlata Erlach investmentprograms 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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Zlata Erlach
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