Aparthotel Minutes From Porto Airport

Key Information

Price:: €4,500,000
Reference:: PP4368
Type:: Commercial
Location:: Maia, Porto & The Green Coast
Region:: Porto & The Green Coast
Country:: Portugal (PT)
Bedrooms:: 20
Bathrooms:: 20
Living Area:: 1,369m²

Description

Unique opportunity to acquire a 7-storey, 20 suite, income-producing property, in the greater Porto area. Featuring a mix of studio and T1 apartments, including accessible living, the suites have been updated with fully equipped kitchens, living room and bedroom spaces, offering occupants - long and short-term tenants - updated building finishes, two modern elevators and an open-air parking lot.

Located in downtown Maia, the building is in the final stages of licensing as an aparthotel, saving future ownership the expense and processing time. Adjacent to City Hall, with its scenic praça, featuring a strong mix of cafés, restaurants and diversity of commerce, the building occupies a prominent position in the heart of the city. Found only 8 minutes from Porto international airport, situated in Maia, the property is 600 m to the Maia zoo, while downtown Porto is a convenient 15 minutes away.

Building infrastructure includes lower-level mechanics and staff area, with a large lounge occupying the 1st floor, perfect for an in-house gym or common recreational area. On the rooftop, we find a common-use laundry room - an opportunity for future ownership to expand services and maximize returns. Aligned with the potential for short-term rentals, the building’s location, steady income and excellent regional access provide investors with considerable upside.

Financial projections are available for serious buyers. Please provide 48 hours notice for tour requests, whether in-person or video-conference.

Ref: PP4368