Established business 257 m² in Porto, Portugal

Portugal, Porto
$1,10M
$4,292/m²
;
ID: 1551841
Property ID on Realting
Last update: 23/09/2023

Location

  • Country
    Portugal
  • Region
    Porto
  • Address
    Passeio das Virtudes

Property characteristics

Property parameters

  • Price per m²
    Price per m²
    $4,292/m²
  • Total area
    Total area
    257 m²

Building parameters

  • Number of floors
    Number of floors
    6

Investment params

  • Yield per year
    Yield per year
    11%

Interior details

Interior Features:

  • Balcony

Location

  • City Center

Description

This guest house qualifies for the €350,000 and €500,000 Golden Visa program in Portugal!

GUEST HOUSE IN HISTORIC DOWNTOWN, WITH RIVER VIEWS AND A MINIMUM YIELD OF 11.2%

Building with 6 floors consisting of a duplex with 1 bedroom on the upper floors, 3 suites and a bedroom with private bathroom.
Located in the historic center of Porto, classified as a UNESCO World Heritage Site.
The building has 257 m2 of total private area, the result of a careful restoration of a typical Porto house.
For sale fully furnished and equipped!

It is distributed as follows:
- Ground floor - equipped kitchen, cafe, which is currently only used as a breakfast area, bathroom and pantry;
- 1st floor - suite with bathroom and laundry room with washers and dryers
- 2nd floor - double bedroom with private bathroom;
- 3rd floor - suite;
- 4th floor - suite with balcony;
- 5th and 6th floor - duplex with 1 bedroom, fully equipped kitchen, balcony and views of the Douro River.

Located in the cultural, shopping and entertainment area, and located just in:
- 200 m from Virtudes Park and Cordoaria Garden;
- 300 m from the monastery of São Bento da Vitória;
- 300 m from the Clérigos Tower;
- 700 m from Avenida dos Aliados;
- 800 m from Ribeira Square;
 
PRIZES RECEIVED: 
- 2021 - Top 3 Guesthouse Porto by Lonely Planet Travel Guide;
- 2022 - 6th best Guesthouse in Portugal according to Trip Advisor;
- 2023 - Traveler's Choice sign on Trip Advisor;
- 2023 - Rated 9.7 on Booking.com, 9.8 for comfort, 9.9 for location.

LICENSING:
- A ground-floor café with a valid license that can be open to the public;
- Building with tourist services license already issued.

Eligible for the Golden Visa program!

YIELD:
Minimum yield of 11.2%!

Location on the map

Portugal, Porto

Video Review of Established business in Porto, Portugal

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