Flat 172 м² in Porto, Portugal

462 397 $

2 688 $ /м²

4OTnM

Flat 172m² in Portugal, Porto. Priced at 395000€ rent photo- #1

Flat 172m² in Portugal, Porto. Priced at 395000€ rent photo- #2

Flat 172m² in Portugal, Porto. Priced at 395000€ rent photo- #3

Flat 172m² in Portugal, Porto. Priced at 395000€ rent photo- #4

Flat 172m² in Portugal, Porto. Priced at 395000€ rent photo- #5

Flat 172m² in Portugal, Porto. Priced at 395000€ rent photo- #6

Flat 172m² in Portugal, Porto. Priced at 395000€ rent photo- #7

Area

172 м²

Bathrooms

Apartment for sale Porto, Portugal.

Porto Service Apartments is an excellent opportunity to invest and participate in the development of a high quality tourist property in the center of Porto. The very central location of the property makes it ideal for long and short term rentals. This 53 sqm T0 apartment consists of: living room; kitchen; bathroom; balcony. Nearby 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 renovated 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 transfer it to a promoter company for 5 years with a guaranteed return of 3.5% per annum. FURNISHING AND EQUIPMENT: Floors: Wooden floors (bedrooms and living rooms); Estremoz marble (kitchen and bathrooms). Walls: Interior paint; Estremoz marble (kitchen and bathrooms). Kitchen: - Cabinets: Lacquered in color 1013 - Worktop and countertops: Estremoz marble - Built-in sink, Paris 40, ROCA - Single sink faucet, Bruma - Ceramic hob: BOSCH - Oven: BOSCH - Built-in combination refrigerator: BOSCH - Dishwasher: BOSCH - Washing machine: BOSCH Bathroom: - Worktop: Estremoz Marble - Sink: Agres, Saninduza - Sink: Urb i, Saninduza - Sink faucet: Lusa - Undermounted toilet: Urb i, Saninduza - Shower system with wall shower: Lusa, Bruma All apartments will be fully furnished and with fully equipped kitchens. The renovation will start in September this year and completion is scheduled for December 2024. Located near: - 200 m from Galeria Paris; - 250 m from Gomes Teixeira Square; - 300 m from the nearest supermarkets; - 360 m from Avenida dos Aliados; - 500 m from St. Anthony's Hospital; - 800 m from Bolians Market; - 1,2 km from Parque da Camelias Bus Station; - 1,5 km from D. Luiza Bridge. Energy Score: E # ref: 0485/23

Additional details

Property type

All Types

Object type

Flat

Price

462 397 $

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 (462 397 $) 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).