Building 445 м² in Porto, Portugal

4 680 210 $

10 517 $ /м²

4OW9C

Building 445m² in Portugal, Porto. Priced at 3990000€ rent photo- #1

Building 445m² in Portugal, Porto. Priced at 3990000€ rent photo- #2

Building 445m² in Portugal, Porto. Priced at 3990000€ rent photo- #3

Building 445m² in Portugal, Porto. Priced at 3990000€ rent photo- #4

Building 445m² in Portugal, Porto. Priced at 3990000€ rent photo- #5

Building 445m² in Portugal, Porto. Priced at 3990000€ rent photo- #6

Area

445 м²

Bedrooms

Bathrooms

12-room luxury mansion for sale in avenida brasil 523, Porto, Distrito do Porto

A luxurious palace with first class finishes and comfort. Accommodation It is interesting to note that the owners decided to modernize this fantastic building on Avenida do Brasil, between the two castles (São João da Foz and São Francisco Xavier) that used to grace the Atlantic front of the city. The building of more than 400 m2 is located on the sea front in a 3-storey building and has 5 suites + 1, an elevator and 3 parking spaces. The renovation of the building has breathed new life into this neighborhood where new standards of comfort, architectural quality and construction await us. Harmonious internal and external flows. Clean design and arquitecture. Built in 2023 Elegant refined finishes with cozy modern comforts If you dream of living in a luxurious location by the sea, in an upscale seaside neighborhood, Avenida do Brasil in Foz is one of the avenues that has been most modernized and reconstructed since the late 19th century. This has not only made the city of Porto a leading international tourist destination, but has also allowed it to stand out and become one of Europe's waterfront heritage cities. This place, which stands out with its marvelous flowerbeds, gardens, beaches and sea, is a true exlibris of the Atlantic front of the city. Here you will find many grand century-old neo-Gothic buildings, including luxurious palaces set in estates with an unrivaled landscape heritage. Architecture The architectural design of the building is responsible for

Additional details

Property type

All Types

Object type

Building

Price

4 680 210 $

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 (4 680 210 $) 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).