Flat 188 м² in Porto, Portugal

505 711 $

2 689 $ /м²

4OTnG

Flat 188m² in Portugal, Porto. Priced at 432000€ rent photo- #1

Flat 188m² in Portugal, Porto. Priced at 432000€ rent photo- #2

Flat 188m² in Portugal, Porto. Priced at 432000€ rent photo- #3

Flat 188m² in Portugal, Porto. Priced at 432000€ rent photo- #4

Flat 188m² in Portugal, Porto. Priced at 432000€ rent photo- #5

Flat 188m² in Portugal, Porto. Priced at 432000€ rent photo- #6

Flat 188m² in Portugal, Porto. Priced at 432000€ rent photo- #7

Area

188 м²

Bathrooms

Apartment for sale in Porto, Portugal.

Porto Service Apartments is an excellent opportunity to invest and participate in the development of quality tourist facilities in the center of Porto. The very central location of the property makes it ideal for long and short term rentals. This 66 m2 studio apartment comprises:- Living room;- Kitchen;- Bathroom;- Balcony.There are all kinds of services nearby, including bars, cafes, restaurants, boutiques and shopping centers, which are also characterized by historical 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 finishing materials. This project also meets all requirements and has a service license that complies with the Golden Visa rules.After purchase, the investor can manage the property themselves or hand over the management to the developer's management company for 5 years with a guaranteed return of 3.5% per annum.FINISHES AND EQUIPMENT:Floors: wood floors (bedrooms and living rooms); Estremoz marble (kitchens and bathrooms). Walls: interior finishes, Estremoz marble (kitchens and bathrooms).Kitchen: - Cabinets: lacquered, color 1013; - Worktop and countertops: Estremoz marble; - Concealed sink, Paris 40, ROCA; - Single-lever sink mixer: Bruma; - Cooktop: BOSCH; - Oven: BOSCH; - Combination refrigerator: BOSCH; - Dishwasher: BOSCH; - Washing Machine: BOSCH.Bathroom:- Worktop: Estremoz marble; - Sink: Agres, Sanindusa; - Sink: Urb.y, Sanindusa; - Sink faucet: Lusa; - Wall-mounted WC: Urb.y, Sanindusa; - Shower system with wall-mounted shower: Lusa, Bruma.All apartments will be fully furnished and have fully equipped kitchens.Renovations will begin this September and completion is scheduled for December 2024.Location close to:- 200 m from Galeries de Paris;- 250 m from Gomes-Teixeira Square;- 300 m from the nearest supermarkets;- 360 m from Avenue des Aliados;- 500 m from Santo Antonio Hospital;- 800 m from Beauliao Market;- 1.2 km from Camellia Park bus terminal;- 1.5 km from D. Luis I Bridge. Energy Conservation Rating: E."

Additional details

Property type

All Types

Object type

Flat

Price

505 711 $

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 (505 711 $) 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).