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8 bedrooms apartment for sale in Cedofeita, Santo Ildefonso, Se, Miragaia, Sao Nicolau e Vitoria, Portugal
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8 bedrooms apartment for sale in Cedofeita, Santo Ildefonso, Se, Miragaia, Sao Nicolau e Vitoria, Portugal

790 000€

Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória

Features

  • 191 m² surface area (2056 sqFt)
  • 8 bedrooms
  • N/C
  • 96 m² of land (1033 sqFt)
  • 8 bathrooms
  • good structural condition
  • 10 rooms
  • 8 shower rooms

Property description

Situated in the heart of Porto, near Rua da Constituição, this building housing 8 studios presents a lucrative investment opportunity for discerning investors. With a generous total area of 240 m², the property is currently fully occupied with non-renewable lease contracts set to expire in October 2025, allowing for maximum flexibility for the new owner. Its coveted location and potential for conversion into short-term rentals or digital platform leasing make it an appealing choice for those seeking both profitability and adaptability. Each of the 8 self-contained studios has been thoughtfully designed to optimize space utilization, ensuring a blend of functionality and comfort. The building boasts modern construction, ensuring it remains a well-maintained and desirable asset in the current market. Its proximity to essential services, transport links, and leisure facilities make it an attractive destination for both permanent residents and tourists or digital nomads. Accessibility is a key feature of this property, being just a 2-minute walk from Rua da Constituição, a main thoroughfare that provides quick access to the city's primary routes. A nearby bus station, reachable within a 5-minute stroll, facilitates easy connections to various parts of Porto and its environs. Furthermore, the surrounding area is brimming with a diverse array of amenities, schools, and supermarkets, such as Pingo Doce and Continente Bom Dia, both just a short 7-minute walk away. Boasting an unbeatable location, rental flexibility, and potential for future appreciation, this building represents a unique opportunity for those looking to invest in Porto. Situated in close proximity to several educational institutions, including the esteemed University of Porto, the property is nestled in a student-centric residential area that effortlessly combines peaceful living with urban convenience. **Regarding the price of 790,000, this property offers a compelling investment opportunity given its prime location, current rental income, and versatility for future rental options. With the potential for appreciation in the sought-after Porto market, this property may prove to be a wise investment for those looking to capitalize on the city's thriving real estate market.**

Location

Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória

Date added: 21.11.2024

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