Flat 62 м² in Matosignus, Portugal

588 108 $

9 485 $ /м²

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Flat 62m² in Portugal, Matosignus. Priced at 506000€ rent photo- #1

Flat 62m² in Portugal, Matosignus. Priced at 506000€ rent photo- #2

Area

62 м²

Bedrooms

Bathrooms

A building in Porto. City - Porto

A great opportunity for investors.

The building consists of a store and 5 bedrooms with bathrooms located on 6 floors, designed for the provision of services / commerce.

The property is currently under renovation and is being sold at the advertised price under the specified conditions.

The object is being delivered in its current state.

Features:
- Total area of 240 m2;
- 6-storey building;
- San Bento District;
- The property is used to provide services;
- Double access.

Location.
150 meters from the station of San Bento, famous for its historic tiled panels;
- 300 meters from Avenida dos Aliados, the main avenue of the city, with its historic buildings and the town hall of Porto;
- 400 meters from Bolhão Metro Station, the nearest metro station, making it easy to get around the city;
- 650 meters from the Klerigush Tower - a cult monument with panoramic views of the Porto;
- 900 meters from the picturesque river promenade with bars, restaurants and views of the Douro River;
- 17 km from Porto International Airport, which can be reached in about 30 minutes by car or metro.

Don’t waste your time booking your visit right now!!!
Energy consumption class: D
#ref:0767/24

Services and facilities

Private beach

Security system

Air conditioner

Lift

Household appliances

Balcony or terrace

Additional details

Property type

Residential Properties

Object type

Flat

Price

588 108 $

Characteristics

Private beach

Security system

Air conditioner

Lift

Household appliances

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 Matosignus; 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 Matosignus 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 (588 108 $) 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 Matosignus: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).