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Oporto, Oporto, Portugal

€690,000
IAD, Porto
PROPERTY TYPE

Block of Apartments

SIZE

2,196 sq ft

204 sq m

Description

Building Under Restoration in the Heart of Porto – Excellent Investment Opportunity

We present an excellent investment opportunity on the emblematic Rua de São Victor, in Porto.

This building is currently undergoing restoration, with completion scheduled for the end of July, and can still be purchased during the work. An excellent opportunity for investors seeking immediate profitability in one of the most authentic and growing areas of the city.

Property Features:

• Total area: 204m²
• 3-story building
• Original construction from 1950
• Central and historic location
• Excellent sun exposure
• 10 rooms in total:

• 3 suites
• 7 bedrooms
• 2 equipped kitchens
• 3 shared bathrooms

The property is being prepared for room rentals, becoming fully operational from August, with high demand already in the area.

Profitability Potential:

• Estimated gross monthly revenue between €4,800 and €5,000 in room rentals. Ideal for investors seeking a ready-to-generate asset in the center of Porto, with strong potential for appreciation and immediate income.

Prime location, close to transport, shops, services, universities and the city's main tourist attractions.
#ref: 851244

Oporto, Oporto, Portugal

Approximate location
Open mapStreet View

NEAREST AIRPORTS

Distances are straight line measurements
  • Porto(International)
    6.0 miles

Advice on buying Portuguese property

Learn everything you need to know to successfully find and buy a property in Portugal.

About IAD, Porto

Av. da Boavista 934, Porto Portugal 4100-112

Founded in 2008, iad was born as the 1st digital real estate network made up exclusively of independent consultants. iad's DNA is based on 4 inseparable pillars: entrepreneurship, property, community and international.

In addition to head office support, the 4 pillars are backed up by digital technology and training, which make a major contribution to the success and appeal of the iad model.

With its headquarters in Paris, iad is the largest network of independent real estate consultants in Europe with more than 20,000 consultants and a turnover of 536 million euros.

iad has become the game changer of the real estate market by breaking with the sector's traditional codes, becoming the 1st French Proptech Unicorn.

In addition to France and Portugal, the iad group is also present in Spain, Italy, Germany and Mexico, the UK and the USA (more precisely, the state of Florida).

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by IAD, Porto (reference 851244) 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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