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Flat 175 м² in Porto, Portugal

512 460 $

2 928 $ /м²

4OTnI
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Area

175 м2

Bathrooms

1

Apartment for sale 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 position of the development makes it ideal for long and short term rental use. This studio with an area of 67 m2 includes: - 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 renovated project with modern finishes and quality materials. This project is also compliant and has a service license, which meets the Golden Visa rules. After purchase, the investor can manage the property on their own or transfer it to the developer's management company for 5 years with a guaranteed income of 3.5% per annum. FURNISHING AND EQUIPMENT: Floors: Wooden flooring (bedrooms and living rooms); Estremoz marble (kitchens and bathrooms). Walls: Interior painting; Estremoz marble (kitchens and bathrooms). Kitchen: - Cabinets: Lacquered in color 1013 - Worktop and countertop: Estremoz Marble - Concealed sink, Paris 40, ROCA - Single-lever sink faucet, Bruma - Vitroceramic cooktop: BOSCH - Oven: BOSCH - Combi fridge: BOSCH - Dishwasher: BOSCH - Washing machine: BOSCH Bathroom - Worktop: Estremoz Marble - Sink: Agres, Sanindusa - Sink: Urb. sink: Lusa - Wall-mounted toilet bowl: Urb.y, Sanindusa - Shower system with wall-mounted shower: Lusa, Bruma All apartments will be fully furnished and equipped with kitchens. Renovation will start this September and completion is scheduled for December 2024. Located just: - 200 m from Paris Gallery; - 250 m from Gomes Teixeira Square; - 300 m from the nearest supermarket; - 360 m from Aliados Avenue; - 500 m from Santo Antônio Hospital; - 800 m from Beauliau Market; - 1.2 km from Parque Camellias Bus Terminal; - 1.5 km from D. Luisa I Bridge. Energy class: E #ref: 0487/23

Additional details

Property type

All Types

Object type

Flat

Price

512 460 $

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 (512 460 $) 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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