Property Abroad

Portugal

Porto

Hotel

Hotel 257 м² in Porto, Portugal

1 164 855 $

4 532 $ /м²

4OUHb

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Area

257 м²

Bedrooms

A 6-story guest house in the historic center of Porto

AVAILABLE FOR GOLDEN VISA 350k & 500k.GUEST HOUSE IN HISTORIC CENTER, WITH RIVER VIEW AND MINIMUM RETAIL OF 11,2%A building with 6 floors consisting of a duplex with 1 bedroom on the upper floors, 3 suites and a bedroom with private bathroom. Located in the historic center of Porto, classified by UNESCO as World Heritage.The building has 257 m2 of total private area, the result of a careful restoration of a typical Porto house.For sale fully furnished and equipped! It is distributed as follows: - Basement - equipped kitchen, cafe which is currently only used as a breakfast serving area, bathroom and storage room;- 1st floor - suite with bathroom and laundry room with washers and dryers- 2nd floor - double bedroom with en-suite bathroom;- 3rd floor - suite;- 4th floor - suite with balcony;- 5th and 6th floor - duplex with 1 bedroom, fully equipped kitchen, balcony and views of the Douro River. Located in a cultural, shopping and entertainment area, and located just:- 200 meters from the Virtudes Park and Cordoaria Garden;- 300 meters from the São Bento da Vitória Monastery;- 300 meters from the Clérigos Tower;- 700 meters from Avenida dos Aliados;- 800 meters from Ribeira Square; PRIZES RECEIVED: - 2021 - Top 3 Guesthouse Porto according to Lonely Planet Travel Guide;- 2022 - 6th best Guesthouse in Portugal according to Trip Advisor;- 2023 - Traveler's Choice sign on Trip Advisor;- 2023 - Rated 9.7 on Booking. com, 9.8 for comfort, 9.9 for location.LICENSING:- Ground floor cafe with a valid license that can be open to the public;- Building with travel services license already issued.Suitable for Golden Visa program!RENTABILITY:Minimum yield of 11.2%!

Services and facilities

Air conditioner

Balcony or terrace

Additional details

Property type

All Types

Object type

Hotel

Price

1 164 855 $

Characteristics

Air conditioner

Balcony or terrace

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 (1 164 855 $) 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).