Apartment T2 Vila Nova de Gaia

All images are used for illustrative purposes only and are intended to show the concept and vision for this venture - THIS IMOVEL IS STILL IN REHABILITATION.

Invest in a luxurious property with charisma, in a city with one of the oldest stories in Europe, Porto, where in 1996, the City Center, was elevated to a Unesco World Heritage Site.

This typology T1 (T0 + T0) can be divided into two, with independent entrances (Lock-Off), can work in two different ways:
a)-like spacious apartment T1, consisting of a large living room with fully equipped open kitchen and 1 full sanitary installation, followed by a bedroom en suite.
b)-or as two separate studios composed of living room and fully equipped kitchen in the concept of Open Space and a complete sanitary installation, this may be a solution for the rental option, since it has independent entrances.

There are 2 apartments of this type in which the kitchen is fully equipped with compact oven with microwave, dishwasher, extractor hood, refrigerator, electric induction plate in glass ceramic and water heater.

This apartment represents the perfect opportunity for Golden Visa investment or purchase for investment.

The apartments range from 41.18 to 148.35 m2, with studios, and 1 and T2 apartments, most of which have fantastic views of the Douro River and the city of Porto, all apartments include air conditioning, double-glazed windows and can be furnished in their entirety.

This apartment is located on the bank of the Douro River, with its south-facing façade, allowing excellent sun exposure and superb views of the river and the city. Its timeless elegance comes from the rehabilitation project of a 19th century building. XVIII, preserving many of its unique architectural features.

The project consists of two autonomous buildings with 17 residential units, the renovated Palace and a new structure, separated by a magnificent private internal garden, inside most units include mezzanines, highlighting the original double right foot.

As an investment option, the apartments have the possibility of being fully managed by the owner company that acquired the entire building, by a five-year contract that provides for the management of the lease.

In this option, the property will be fully furnished and the expenses will be borne by the management company, namely maintenance expenses, condominium, water and electricity, offering a fixed return of 3%, and may be an excellent choice for Golden Visa.

The end of construction is expected to begin in 2023.

The fact that it is very well located, makes the apartments in this development an opportunity not to be missed.

Porto, is equally famous worldwide for its wines that are produced and stored along the banks of the Douro River, and also for being a lively and vibrant city appeared in Europe as being a preferred tourist destination due to its rich history, rooted culture and a unique nightlife.

It is possible to make visits to this property, provided previously marked and respecting all the rules of social distancing imposed by the DGS, for the safety of all. Virtual visits are also carried out.