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Serviced apartments in the center of Porto with guaranteed return

Portugal, Porto
ID PRT54393
Object sold
Serviced apartments in the center of Porto with guaranteed return
€350,000

51 m² • €6 863 m²

Portugal, Porto
51 m²
1 bed
1 bathroom
ID PRT54393

Cost

Property cost €350,000
Price for m2 €6,863
Purchase taxes IMT - 6,5%; IMI - 0,3-0,8%
State fees 0,8%
Maintenance cost 5 years free
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Distances

Ocean 4km
Airport 15km
Infrastructure 500m

Yield and management

Yield 3.5%
Property management Yes

Description

The investment project is a new service complex for tourism purposes, located in the central area of ​​Porto, 3 minutes walk from Aliados (Porto’s main avenue) and 1 minute drive from the VCI (highway). Thanks to the central location and easy accessibility, you can quickly get to anywhere in the city. It is a project with a unique personality that combines modern architecture with urban features. There are a private outdoor garden, solar panels and an electric vehicle charger.

The building consists of 41 serviced apartments. For sale are one studio 51 sqm – 350,000 euros.

Project details:

  • Room service
  • Laundry
  • Gym
  • Coworking
  • Electric vehicle charger
  • Parking
  • Concierge
  • Property management
  • Guaranteed income of 3.5% for 5 years, income payment starts 1 year after the operation
  • 7 days of accommodation per year included in the investment
  • Buy back option is possible after 5 years
  • Lease agreement for 40 years
  • Suitable for option €350,000
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Real estate

Object type Hotel complex, Apartments
Object category Renovation
Object stage Design
Permits On hand
Construction start date 4Q 2021
Object completion date 3Q 2023
Design features Ownership
Possibility of stay 1 week a year
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Characteristics

Total area 51 m²
Number of storeys 8
Floor 2, 3
Bedrooms 1
Baths 1
Parking Yes
Repair Standard
Furniture Furnished
View city
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Equipment

Properties

Elevator
Balcony
Concierge desk
Gym
Garden on the plot
Solar panels

Location

Object sold
€350,000

51 m² • €6 863 m²

This property has been sold but we can help you find another one.

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.

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