This small but charming old building is located in Porto’s city centre, with an amazingly convenient location served by a great public transportation network.

The closest Metro station (Lapa) is just 1 minute away. Rua Miguel Bombarda, Porto’s Art district, as well as the very popular Rua de Cedofeita shopping street are just a few steps away whilst locations such as Porto’s Down Town and the Boavista roundabout are also within walking distance.

The building will be refurbished into a 5 double bedroom guesthouse or student accommodation, all with private bathrooms, a kitchen / lounge area as well as a sunny little garden in a quiet backyard. The new project aims to preserve the old buildings original traces whilst providing all the comforts of today’s lifestyles. Investors can expect high and steady yields over time.

Location

Central Porto

Size

120 sqm

Type

5 Bedroom Student Acc. Or Guesthouse

Price

€350,000

Included In Price

-Property

-Refurbishment

-Furniture

€ / sqm

€2 916,67

Gross Yield

5,14 %

Investor Profile

Steady long term yield driven