4 Properties for Sale, Apartments - Apartment 3 Bedrooms Used, in Porto, Lordelo do Ouro e Massarelos, Reduced price: 5 %, in 365 days

In the process of completion, duplex penthouse apartment with three bedrooms for sale in a prime location of Porto.
The apartment has three living rooms, a winter room, a common room, and a rest room with access to a terrace on the ground floor. In addition, there is an office, a kitchen with a utility area, and two bedrooms with ensuite bathrooms and walk-in closets.
The property’s upper floor features a second ensuite bedroom with a dressing room, a living room, and a balcony.
Additionally, there are three parking spaces.
The hotel is situated in a prestigious area of Porto, close to services, stores, and the transportation network. With easy access to the major thorough
CHARACTERISTICS:
Area: 201 m2 | 2 164 sq ft
Useful area: 201 m2 | 2 164 sq ft
Bedrooms: 3
Bathrooms: 4
Garage: 3
Energy efficiency: D

Internationally awarded, LUXIMOS Christie’s presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie’s is the exclusive affiliate of Christie´s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal.
Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina.
LIc AMI 9063

Apartment T3 located in the charming Bessa Leite neighborhood, 3rd and top floor, without elevator and garage. Apartment in good condition, leased to students.
Location: Bessa Leite neighborhood. Features: Apartment T3 on the 3rd and top floor! Well maintained, equipped kitchen, and furnished. Proximity: Av. da Boavista and Campo Alegre. Close to renowned universities, especially the Campo Alegre university campus.
3. Financial Details:
Selling Price: €229,000. Current Rent: €320 per room (each room). Annual Income: €960. Condominium Expenses: €27 monthly. IMI (Municipal Property Tax): €187 annually.
4. Income Opportunities:
Annual lease contracts, subject to review. Potential to rent each room for €450, increasing profitability.
5. Profitability Analysis:
Current Profitability Rate:
Annual Revenue: €320/room * 3 rooms * 12 months = €11,520. Annual Expense: €27 condominium + €187 IMI = €214. Current Profitability Rate: (Annual Revenue - Annual Expense) / Selling Price = (€11,520 - €214) / €229,000 = 4.7%.
Potential Profitability:
Potential Annual Revenue: €450/room * 3 rooms * 12 months = €16,200. Annual Expense (excluding expense increase): €27 condominium + €187 IMI = €214. Potential Profitability Rate: (Potential Annual Revenue - Annual Expense) / Selling Price = (€16,200 - €214) / €229,000 = 6.9%.
6. Conclusion:
Solid investment with an attractive current profitability rate. Potential to increase profitability with adjustments to the rental value. Strategic location near important academic and commercial points of interest.
This presentation provides a comprehensive view of the real estate investment, highlighting not only the current situation but also the potential for increased profitability.
We are available to clarify any doubts and offer a virtual tour for a better understanding of the apartment. Call for a visit!
This apartment is available for real estate sharing with ALL real estate companies at 50% of the contracted commission.

Excelente T3 na zona do Campo Alegre, próximo ao Jardim Botânico em prédio de referência.
3 Quartos, sendo um suite mais um WC completo.
Excelentes vistas panorâmicas.
Com varanda, roupeiros embutidos, vidros duplos e caixilharia com corte térmico. e aquecimento central.
Lugar de garagem para 1 viatura.

A FOZIMÓVEIS é uma consultora imobiliária com uma equipa de profissionais competentes com padrões elevados de descrição e atendimento personalizado. Essencialmente dedicada ao mercado de excelência, procuramos entender e servir as necessidades de cada cliente, oferecendo soluções adequadas e sempre atuais.

3+1 bedroom apartment comprising living room, 1 suite, 2 bedrooms, +1 with 9 m2 (with direct light and bathroom with shower), independent kitchen, 3 bathrooms.
Storage room with 10 m2.
Balcony with 14 m2.

Building with 1 dwelling per floor.
Solar orientation: West/East.

Hardwood floors.
Living room stove.
2 water heaters.

Privileged location with access to all types of commerce, services and transport, next to Avenida da Boavista.

To sell, buy or rent your property, count on a Predial Parque consultant, who will be accompanied throughout the process, from financing to the deed, at no additional cost.
Our consultants can offer all their experience and knowledge to guide you.

* Predial Parque, holder of AMI License: 726, on the market since 1987 *