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Package of two buy-to-let apartments, Porto, Portugal

395,000 €
£337,000
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  • Built in 
    2021
Details
Property parameters
  • Total premises: 2
  • Number of parking lots: 1

Package of 2 apartments and 1 garage with guaranteed yield in a new apart-hotel in the suburbs of Porto.

Description

The apartments are located in a newly built aparthotel in Matosinhos, a two-minute walk from Porto's largest beach — Praia de Matosinhos. The complex consists of 108 apartments.

Estimated date of completion — I quarter of 2021.

The package includes 2 apartments and 1 garage:

  • studio apartment (living room w/ bed + bathroom + kitchenette)
  • one-bedroom apartment with sea view (living room + bedroom + bathroom + kitchenette)

The cost of this package varies from 395,000 to 3405,000 €.

Extra opportunities

We can help you to get the Golden Visa (permit without tax residence) when buying a property worth € 350,000 or more.

The investor will gain a residency permit for a family including financially dependent children over 18.

Request details from the Tranio manager.

Financial performance

The expected annual income is 5–10%.

The expected return of investment (ROI) is over 4%.

Tenants

The investor will own 2 apartments and have 2 options:

  1. Use the Aparthotel’s Management Firm. In this scenario the client receives 45% of the total income of the apart- hotel as per the yearly audited financial statements.

2. Use the Apartment Yourself.

Transaction costs

Upon request.

Location and nearby infrastructure

The apart-hotel is located in Matosinhos, in close proximity to the beach, city park and the most popular restaurants.

Matosinhos is a city and a municipality in the northern Porto district of Portugal, bordered in the south by the city of Porto (8 km from the city centre).

Porto is the second-largest city in Portugal, one of the Iberian Peninsula's major urban areas. It is recognized as a gamma-level global city by the Globalization and World Cities (GaWC) Study Group, the only Portuguese city besides Lisbon to be recognised as a global city.

More properties

If this ad doesn't suit you, have a look at the other block of flats for sale in Porto (city).

All ads in the country: block of flats for sale in Portugal.

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