Description
1-bedroom apartment with 77 sqm, furnished, inserted in a new prestigious development, the Fervenca Palace, in Vila Nova de Gaia.
This apartment is operated by an integrated rental management company. It benefits from a guaranteed yield up to 6% per year, until April 2029, with the possibility of extending the operating contract. It has had an occupancy rate of around 90%.
This apartment, with a rectangular layout and modern lines, is divided into two separate studios with independent entrances.
Each one consists of a living/bedroom area with an open kitchen and a bathroom. It is ideal for renting.
The buyer could combine the two units to transform them into a spacious 1-bedroom apartment, comprising a large living room with a fully equipped open-plan kitchen, one toilet, and an en-suite bedroom.
With high quality finishes, it includes air conditioning and double glazed windows. It is sold fully furnished.
The timeless elegance of Fervenca Palace is the result of a rehabilitation project for an 18th century building that preserves many of its unique architectural features. The building is being modernized into 17 high quality apartments, between studio and 2-bedroom.
Its location, on the banks of the Douro river with its south-facing facade, allows it to have a great sun exposure and splendid views over the river and the city.
A short distance from Porto's main attractions, including the Historic Center at Se, Dom Luis I Bridge or the traditional Port Wine Cellars, it is also a distinctive feature of this project.
Energy Rating: B
