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Flat 184 м² in Porto, Portugal

433 132 $

2 353 $ /м²

4OTnJ
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Area

184 м2

Bathrooms

1

Apartment for sale in Porto, Portugal.

Porto Service Apartments is an excellent opportunity to invest and participate in the development of high quality tourist facilities in the center of Porto. The very central location of this property makes it ideal for long and short term rentals. This 48 m2 studio consists of: - Living room; - Kitchen; - Bathroom; - Balcony. Nearby there are all kinds of services including bars, cafes, restaurants, boutiques and shopping centers, which are also characterized by their historic buildings with unique architecture. As well as Porto's central square, the metro and Porto's attractions. This is a fully remodeled project with modern finishes and quality materials. This project is also compliant and has a maintenance license, which complies with the Golden Visa rules. After purchase, the investor can manage the property or hand it over to the developer's management company for 5 years with a guaranteed income of 3.5% per annum. FURNISHING AND EQUIPMENT: Flooring: Wooden flooring (bedrooms and living rooms); Estremoz marble (kitchens and bathrooms). Walls: Interior paint; Estremoz marble (kitchens and bathrooms). Kitchen: - Cabinets: lacquered in color 1013. - Work table and worktop: Estremoz marble. - Concealed sink, Paris 40, ROCA. - Single-lever washbasin mixer, Bruma. - Vitroceramic hob: BOSCH. - Oven: BOSCH. - Combi fridge: BOSCH. - Dishwasher: BOSCH. - Washing machine: BOSCH. Bathroom: - Worktop: Estremoz marble. - Sink: Agres, Sanindusa. - Sink: Urb.y, Sanindusa. - Sink mixer: Lusa. - Wall-mounted WC: Urb.y, Sanindusa. - Shower system with wall-mounted shower: Lusa, Bruma. All apartments will be fully furnished and equipped with kitchens. Renovation will begin this September and completion is scheduled for December 2024. Located just in: - 200 m from Paris Gallery; - 250 m from Gomes Teixeira Square; - 300 m from the nearest supermarkets; - 360 m from Aliados Avenue; - 500 m from Santo Antonio Hospital; - 800 m from Boliau Market; - 1.2 km from Parque Camelia Bus Terminal; - 1.5 km from D. Luis I Bridge. Energy Class: E # ref: 0489/23

Additional details

Property type

All Types

Object type

Flat

Price

433 132 $

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 (433 132 $) 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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