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€ 518,000

Luxury Apartment for sale in Porto, Portugal

€ 518,000
105 m² 2 2

Description

This apartment is located in a Palace from the end of the 15th century, which began its renovation in July 2022 and is expected to be finished in the third quarter of 2024. It is located next to the famous Cathedral, and the S. Bento Station. The building overlooks the city. The project is composed of 16 residential units, most of which will have a lockoff concept, where in reality the client buys one unit, but has two apartments. The rehabilitation of the property provides for a completely new structure, which will have a 10-year construction guarantee and a 5-year guarantee for the rest of the building. The building will have an elevator, and all apartments will be equipped with AC, double glazing, Bosch appliances and high quality materials.
We will provide a guaranteed income option through an integrated management that I will describe below:
Furniture;Condominium fees;Electricity;Water;Safe; Licenses;Maintenance.
All the expenses mentioned above will always be the responsibility of the management company, and this will still have to provide a guaranteed return of 3% per annum through a 5 year lease agreement.
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Energy Rating: B-

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Details

Rooms:
2
Bedrooms:
2
Bathrooms:
2
External size:
207 m²
Size:
105 m²
Elevator
Interior Amenities:
Doublepane Windows
Reference:
BMG 959/22
Status:
New/Under construction
Year of construction:
2024

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Position