Porto tourist center - real estate in a hotel under construction

• from 52 m²
• from 350 000 €
• 1 bedroom
• 1 bathroom

Price

Prices	350 000 € – 450 000 €
Cost m2	4 500 € – 6 731 €
Purchase taxes	IMT — 6,5%; IMI — 0,3-0,8%
State fees	0,8%
Maintenance cost	5 years free

Distances

• 8 km to the ocean
• 17 km to the airport
• Infrastructure within a radius 500 m

Yield and management

Yield	3.5%
Property management	Yes

Let us help you sell your property, if you decide to exit the investment

Description

A project is presented for sale in the tourist center of Porto - a hotel on 4 apartments and commercial space. V 1 km from the building is Aliados Avenue and the city hall, and in 600 meters - Bolhao market. Thanks to excellent transport accessibility, you can quickly and conveniently get to anywhere in the city.

Project details:

• Property in professional management;
• Guaranteed income 3,5% during 5 years, starting with payment through 1 year after start of operation;
• 7 days of stay per year included in the investment;
• There is an option to buy back optionally through 5 years after the start of operation;
• Suitable for option 350 000 €.

The property

Object type	Apartments, Hotel, Retail
Object category	Renovation
Object stage	Construction
Permits	There is
Construction start date	2Q 2022
Object completion date	4Q 2023
Design features	Own
Possibility of stay	1 week of the year

Characteristics

Total area	52 m² - 100 m²
number of storeys	5
Floor
Rooms
Bedrooms	1
Baths	1
parking	Yes
Parking type
Number of parking spaces
Repair	Standard
Furniture	Furnished
Kind	to the city

Equipment

Properties

• Elevator
• A balcony
• Garden on the plot
• Internet
• TV

Location