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Maia, Porto, Portugal

€4,250,000
Portugalproperty.com, Vilamoura
BEDROOMS
×20

Key features

  • Commercial
  • 20 Bedrooms
  • 20 Bathrooms
  • Furnished
  • Heating
  • Terrace/balcony
  • Gym
  • Laundry Room
  • Storage Room
  • North, South.

Property 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 praca, 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



Property Features
  • Commercial
  • 20 bedrooms
  • 20 bathrooms
  • Furnished
  • Heating
  • Terrace/Balcony
  • Gym
  • Laundry room
  • Storage room
  • North, South.
  • Near bars/restaurants
  • Near shops

Brochures

More details
Advice on buying Portuguese property

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About the agent

Portugalproperty.com, Vilamoura

Avenida da Marina Urb. Marina Plaza Bloco 26B Fracção C Vilamoura 8125-401

PortugalProperty.com

About Us:

PortugalProperty.com - Portugal's largest real estate company. With over 10,000 properties for sale throughout Portugal, the Lisbon and Silver coasts and the Algarve.

PortugalProperty.com provides both home sellers & buyers with a totally innovative Portugal Property solution.

We are both the UK & Portugal based leading Portugal Property agency. We have many years experience in the property market in Portugal.

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Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Portugalproperty.com, Vilamoura (reference 72227_PP4368) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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