Prime Investment Opportunity: Fully Renovated Building With 9 Units, Inc. Studios And Apartments
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€ 2,860,000 £ 2,405,157 $ 3,113,609

Reference PP174782

Porto, Porto & The Green Coast

Townhouse

11 Bedrooms

Built in: n/a

524m2 Build size

€ 5,458 £ 4,589 $ 5,941 / m2 build

Prime Investment Opportunity: Fully Renovated Building With 9 Units, Inc. Studios And Apartments

€ 2,860,000 £ 2,405,157 $ 3,113,609

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Key information

Reference: PP174782

Townhouse

Porto, Porto & The Green Coast

11 Bedrooms

13 Bathrooms

Ownership Status: Private

Built in: n/a

524m2 Build size

€ 5,458 £ 4,589 $ 5,941 / m2 build

This is an excellent investment opportunity! This building has 9 units, comprising 3 two-bedroom apartments, 5 studio apartments, and a fraction designated for commercial use.

The building underwent comprehensive renovation between 2014 and 2015, where various aspects of construction were carefully addressed to ensure its quality and durability. The electrical and telephone installations were completely renewed, as well as the water and sewage systems, which were entirely replaced.

The roof underwent a complete renovation, preserving only the wooden structure in excellent condition. New materials, such as beams, OSB panels, thermal insulation, and tiles, were installed, along with new skylights and stainless steel ventilation to ensure constant airflow.

The façades also received special attention, with thermal insulation in specific areas and complete renovation of the aluminium frames with double glazing. Other important details include the use of high moisture-resistant plasterboard, sound insulation of the courtyards, and high-resistance flooring in kitchens and bathrooms to prevent moisture problems.

Additionally, there is the possibility of installing an elevator for up to 2 people in the stairwell, aiming to facilitate access to upper floors and increase residents' comfort.

These details highlight the care and quality present at every stage of this building's renovation.

The apartments offer an elegant and welcoming environment, with kitchen furniture and decoration made of enamelled and/or varnished solid wood, fully customised for each unit. The bathroom furniture is in white extreme marble, adding a touch of elegance.

Each apartment is equipped with TVs, and the kitchens come complete with a range of appliances, including a refrigerator, ceramic hob, toaster, microwave, electric kettle, and coffee machine. All apartments are prepared to receive washing machines and dishwashers in the kitchen. Additionally, they are equipped with Mitsubishi air conditioning and inverter system to ensure thermal comfort throughout the year.

Each unit is fully equipped with electrical, telephone, water, and sewage infrastructure, and has independent water and electricity meters, providing autonomy for short or long-term rentals.

Do not miss this opportunity to acquire a solid investment in a privileged location.

Contact us for more information!

Features

  • Air conditioning
  • Furnished
  • Reception room
  • Morning sun
  • Evening sun
  • Near bars / restaurants
  • Near school(s)
  • Near shops

Energy rating

  • A+
  • A
  • B
  • B-
  • C
  • D
  • E
  • F
  • G

The energy rating shows the energy efficiency of a building on a scale of A to G. The most efficient homes – which should have the lowest fuel bills – are in band A, whereas the most inefficient homes are in band G.

Key information

Reference: PP174782

Townhouse

Porto, Porto & The Green Coast

11 Bedrooms

13 Bathrooms

Ownership Status: Private

Built in: n/a

524m2 Build size

€ 5,458 £ 4,589 $ 5,941 / m2 build

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Porto, Porto & The Green Coast

 Porto, Porto & The Green Coast

Porto is the 2nd largest city in Portugal based on its population; located in the North of the country, it is the city where Portugal’s name comes from. Porto’s name around 2200 years ago was Portus Cale that became Condado Portucalense later.

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 Porto, Porto & The Green Coast

Want to know more about this property?

Speak to anyone in our team and we will be happy to help.
Send your enquiry through now.

Yours sincerely,
Liam Gould

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