Building in Porto with virtual tour

“POOL GARDEN” Building – Investment Asset in the Center of Porto

Renovated building located on Rua da Formosa, in the heart of Porto, just a few meters from Santa Catarina Street, Bolhão Market, Aliados Square, São Bento Train Station and the iconic Café Majestic.
Situated in a premium location with high tourist demand and strong potential for value appreciation.

Property data

• Type: Building in Full Ownership
• Floors: 4
• Gross construction area: 395.41 m²
• Courtyard / patio: 209.69 m²
• Composition: 8 apartments + 1 commercial unit
• Outdoor swimming pool

Technical features

• Air conditioning
• Fire detection system
• CCTV surveillance
• Electronic access control
• Solid wood flooring
• Thermal, acoustic and fire-resistant insulation
• Wooden window frames with double glazing
• Fire-rated doors (60 minutes)
• Technical server room with AC
• Decorative ceilings
• Includes furniture, equipment and decoration

Current income

• Fully leased to a well-established tourism operator
• Operated under short-term rental (Alojamento Local)

Annual income: €68,000
Monthly income: approx. €5,667

Legal framework & potential

• Renovation licensed for tourism use
• Horizontal Property (condominium) process initiated in 2019 (on hold by owner’s decision)
• Future potential for:
• sale by individual units
• long-term residential leasing
• continuation of touristic operation

Current restrictions on short-term rental do not affect the ongoing activity nor the sale of the property.

Investment profile

Suitable for:

• private or institutional investors
• portfolio diversification
• stable income
• prime location
• low operational risk

Contact us for further information and to schedule a visit.