Building for sale in Porto

Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória

995 000 €

Buy
id. 123571200-148

174 m²

7

7

D

Description

Building (with independent apartments) with 7 Studio T0 apartments on Rua da Fontinha - Porto

This renovated building is located on Rua da Fontinha, in the heart of Porto, an area experiencing continuous appreciation. Just a few minutes’ walk from Marquês and Rua de Santa Catarina, it is surrounded by a wide range of local shops, services, and public transportation, including metro and bus stations. Additionally, it is close to the city’s main tourist attractions, such as Avenida dos Aliados and the pedestrian Rua de Santa Catarina.

Property Features:

  • Comprising a ground floor, 1st and 2nd floors, a basement, and an outdoor garden space;
  • Composed of 7 Studio T0 apartments, fully furnished and equipped, with air conditioning;
  • Versatile usage options: long-term rental or short-term tourist rental (AL), offering multiple forms of return;
  • Current gross profitability of 10.5%, with projections for growth in the coming years.

The building also includes a potable water well, which can be an added value.

Investment Opportunity:
Ideal for investors seeking immediate profitability or small investors interested in exploring the tourism and rental market in the city of Porto. This building offers the perfect combination of location, comfort, and financial return. Building for sale. Building for sale

Details

Private Gross Area m²174
Gross Area m²225
Total Lot Size m²- -
Living Area m²174
Bedrooms7
Construction Year1951
Floor- -
WC/Bathrooms7
ElevatorNo
ParkingNo
Electric Cars ChargingNo

Energetic details

Energy efficiency

Map

Credit Simulation
Listing Price
995 000 €
Initial Value
Duration (Years)
30 years
Monthly Payment (*)
0

(*) The monthly instalment indicated corresponds to a reference value, based on a variable rate (6-month Euribor), notwithstanding a more complete and detailed financial analysis! Powered by Max Finance - Intermediários de Crédito, Lda The information resulting from these simulations is merely indicative, with the purpose of providing guidance on the estimated cost, according to the data indicated by the user. Each financial entity has its own financing policies and conditions and is not linked to the results of this simulation.


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