Apartment building 658 m² in Porto (city)

650,000 €

987 € /m²

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Key project parameters

Total area: 658 m²

Project description

Urban building located in the center of Porto, intended for housing and has its PIP approved for the following characteristics: -Demolition of the building, preserving the main façade; -Construction of a new building that promotes expansion in height. The total deployment area will be 347m², gross construction area of 658m² and the total construction area will be 1145m². The total construction area corresponds to the sum of areas below the threshold elevation and above the threshold elevation, namely: parking, balconies and interior constructions between buildings. It is located at: -230m from Minipreço; -300m from Aurélia de Souza Secondary School; -400m from Colégio de Nossa Senhora da Paz; -550m from Marques metro station; -750m from ARSN- Regional Health Administration of Santa Catarina.

Tenants

Agreement: n/a

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annual yield: From 15-17%
investment exit horizon: 2–3 years
full support at every stage: Turnkey deal

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