Oporto, Oporto, Portugal

Excellent Investment Opportunity through Assignment of Contract, in a new residential development currently under construction in Porto.

Located in Arca d’Água, near the former Campo do Salgueiros, Lake Towers is a contemporary residential development designed to provide comfort, functionality and quality of life, in a strategic location with excellent access to Porto city centre.

This unit is a Smart One-Bedroom Apartment on the 6th floor, with 59 sq m of private area, and stands out for its generous 19 sq m private terrace, extending the living space outdoors and providing a particularly pleasant area for relaxation and entertaining.

Designed with practicality and comfort in mind, the apartment features a fully equipped kitchen, air conditioning and a washer-dryer. The property also benefits from a private garage and storage room in the basement, adding convenience and value.

The development comprises four towers, three dedicated to residential use and one to student accommodation, complemented by a commercial area, creating a diverse and contemporary residential concept designed to meet the demands of modern urban living.

The assignment of contract is the key distinguishing feature of this opportunity, allowing a new purchaser to assume the existing contractual position and acquire this future residential unit in a development scheduled for completion in 2027.

With an asking price of €307,000, this is an opportunity worth considering for investors seeking to secure a position in a new development in a city with strong residential and tourism appeal, as well as for buyers looking for a new property with highly sought-after features.

The combination of a well-established location, one-bedroom layout, private terrace, parking, storage and modern equipment, together with the development's amenities and concept, gives this property a particularly versatile profile, suitable both for investment and future owner occupation.

An investment opportunity in Porto worth considering.

For further information regarding the assignment of contract, terms of the transaction and additional property details, please contact us.