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.

On a 4th floor duplex with elevator, we find 2 Townhouse T2 with 111m2 and 116m2 in which the lower floor consists of a room of 23m2 with open space kitchen fully equipped with compact oven with microwave, dishwasher, extractor hood and refrigerator, electric induction plate in glass ceramic, water heater, a sanitary installation and a bedroom with access to a nice terrace with garden of 35 m2, on the upper floor is the 2nd bedroom en suite with private sanitary installation complete with access to a balcony of 7 m2 and overlooking the Douro River.

These apartments represent 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.