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House 101 м² in Porto, Portugal

596 130 $

5 902 $ /м²

4OaOW
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Area

101 м2

Bedrooms

2

Sale of luxury 2-bedroom apartments in Baixa (Mouzinho), Porto, Porto District

Penthouse with 2 bedrooms, 101 sq. m and city view, in the Flores Plaza complex located on Rua das Flores street, in the historic center of Porto. In a four-story building, renovated in 2017, with an elevator, consisting of 21 apartments. This apartment occupies one floor and has also been renovated, preserving the original design, such as solid pine flooring in all rooms except bathrooms and laundry room, varnished wooden double-glazed frames and natural stone masonry. The living room is filled with natural light thanks to three windows with views of the city, Porto Cathedral, and the UNESCO-listed Se district. Fully equipped kitchen with separate laundry room. Two bedrooms, one with a bathroom. Built-in closets. Two bathrooms with windows. There is also a storage room on the first floor of the building. The apartment features air conditioning in the living room and bedrooms. Flores Plaza building is located in one of the most privileged, sought-after, and valuable locations in the city of Porto. The building has two entrances, one through Rua das Flores street, and the other through Músia da Silveira street. Its location allows for living in the city center while enjoying tranquility, comfort, and views. Nearby are the main tourist attractions. An ideal area for investment. Rua das Flores is a pedestrian street, the most cosmopolitan street in Porto, where you can find restaurants, charming shops, boutiques, etc.

Additional details

Property type

All Types

Object type

House

Price

596 130 $

FAQ

In Portugal a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Porto; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in Portugal finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of Portugal takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Porto short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (596 130 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Porto: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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