Beautiful villa with restaurant business, nestled within a charming street in the old part of “Foz”, Porto’s elite residential area. Surrounded by rehabilitated residences, steps from the River Estuary and the Sea.

Walking distance from international schools and the Catholic University. Property with entrance on the ground floor through an entrance hall which gives access to toilets, the bar and the dining room; on this floor, there is also the kitchen, the changing room, and the storage. On the first floor there is a dining room and a terrace with south orientation.

Pedro Lemos is a Michelin star Portuguese chef and this restaurant has been a landmark in Porto for many years. It’s a very successful and consolidated business that assures a steady long-term yield to the investor. The property alone is great value with a cost per sqm bellow market average for this location.

Location

Old Foz

Size

221 sqm

Type

Michelin Star Restaurant

Price

€600,000

Included In Price

-Property

€ / sqm

€2 714,93

Gross Yield

€30,000 (5%)

Lease Contract

Up to January 2039

Investor Profile

Ideal for investors that value the best location and look for a good steady long term yield