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Flat 93 м² in Porto, Portugal

500 532 $

5 382 $ /м²

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Area

93 м2

Bedrooms

2

Bathrooms

2

A 2-bedroom duplex apartment in Sedofeita

CEDOFEITA ELEGANCE LIVINGTHE PERFECT HARMONY BETWEEN COMFORT AND DISTINCTIONThis is an outstanding complex with 8 fractions, elevator, common areas with garden, jacuzzi and barbecue.Apartments of typology T1 + 1, T1 and T2 duplex with balconies, terrace or garden.This fantastic T2 Duplex (2nd floor and 3rd floor on the right) has a balcony of 4. The building stands out with excellent materials and superb quality finishes, from recessed lighting, double glazing, premium appliances to heating and air conditioning and acoustic insulation from air and impact sounds. A great option for permanent residence, thanks to their configuration and central location, they are also an attractive investment for tourist accommodation (AL).The complex is located in the Baixa Urban Rehabilitation Zone, which allows you to enjoy several tax benefits, namely IMT and IMI tax exemption, and in terms of investment and rental you can enjoy a reduced IRS rate.Surrounding Cedofeita is an emerging neighborhood known for its artistic environment, with innovative contemporary galleries in the A true arts district where design, architecture, music and theater are everyday surroundings for those who pass by. Art galleries, artists' studios, vintage stores, cafes, grocery stores and fine restaurants are all part of the offerings you can enjoy.Great acc

Additional details

Property type

Residential Properties

Object type

Flat

Price

500 532 $

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 (500 532 $) 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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