Description
Furnished Loft (66 sqm) with mezzanine and terrace, inserted in a new prestigious development, Fervenca Palace, in Vila Nova de Gaia, Porto.
This apartment is operated by an integrated rental management company. It benefits from a guaranteed yield up to 4% per year, until April 2029, with the possibility of extending the operating contract. It has had an occupancy rate of around 90% and has tourism exploration licence.
This apartment comprises a social area, a toilet and a fully equipped open kitchen, with access to a spacious 44 sqm terrace. It also has a mezzanine, reserved for a bedroom, as a suite. 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..
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
