Description
1-bedrom apartment with 83 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.
This bright apartment overlooks the Douro River.
With high quality finishes, it includes air conditioning and double glazed windows. It is sold fully furnished and equipped.
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 apartment.
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
