Flat 432 м² in Porto, Portugal

2 627 518 $

6 082 $ /м²

4OWGC

Flat 432m² in Portugal, Porto. Priced at 2300000€ rent photo- #1

Flat 432m² in Portugal, Porto. Priced at 2300000€ rent photo- #2

Flat 432m² in Portugal, Porto. Priced at 2300000€ rent photo- #3

Flat 432m² in Portugal, Porto. Priced at 2300000€ rent photo- #4

Flat 432m² in Portugal, Porto. Priced at 2300000€ rent photo- #5

Flat 432m² in Portugal, Porto. Priced at 2300000€ rent photo- #6

Area

432 м²

Bedrooms

Bathrooms

Luxury apartment complex in Porto, Distrito do Porto

This nineteenth-century building was a bourgeois residence. After dereliction it lay in ruins until the new owner decided to remodel it. All work has been thoughtfully considered and carried out whilst preserving the original design of the building. A fully restored, locals ready home with 6 suites and 1 whole apartment owned by the building's owner. The elegant staircase leading to the upstairs bedrooms is illuminated by natural light through a skylight, giving the palace a unique atmosphere. Porto is one of the oldest tourist destinations in Europe. Its rich artistic heritage, port wine, outdoor recreational facilities and cultural life are just some of the reasons to visit this city. Porto develops along the Douro River and the Atlantic Ocean, offering charming views, attractive terraces and all the pleasures of outdoor recreation framed by green spaces.

Additional details

Property type

Residential Properties

Object type

Flat

Price

2 627 518 $

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 (2 627 518 $) 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).