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€ 1,600,000

Luxury apartment complex for sale in Porto, Portugal

€ 1,600,000
312 m²

Description

We present this elegant pre-1951 bourgeois building, located on the prestigious Rua da Alegria, in the heart of downtown Porto, an area experiencing strong appreciation and growing tourist and residential demand.
The building was fully renovated in 2017 and underwent maintenance renovations in 2023, preserving its original charm and architectural design while incorporating all modern comforts and functionality.
It is in excellent condition and has an active Local Accommodation license, located in an area where new AL (Airbnb) licenses are issueda rare and highly attractive opportunity for investors.

Main Features:
3 floors | 6 units (1 studio; 5 one-bedroom)
Gross private area: 285 m² + 27 m² patio
Purpose: Residential
Complete renovation in 2017 + maintenance in 2023
Building built before 1951, with a bourgeois-style Porto Alegre facade
Central location, close to shops, transportation, and tourist attractions
Strengths:
Versatile use Local accommodation, medium/long-term rental, or commercial use.
High profitability potential.
Located on one of the city's most emblematic and bustling streets.
Solid and secure investment in the heart of Porto.
Energy Rating: C

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Details

Size:
312 m²
Energy Rating:
C
Reference:
DO3881SL

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Position