Appartement 3 Pièces pour acheter à Porto

Apartment T2 Duplex with 106 m2.

Features:
- Last floor
- 2 suite on the top floor
- 1 full bathroom on the lower floor
- High ceiling
- Air conditioner
- Heat pump for water heating A+
- Swinging doors
- Wooden shutters
- Fully equipped kitchen
- Common garden

The Formosa Building development project brings together two values: the traditional and the contemporary. A group of 14 modern apartments celebrates the architectural heritage of Santo Ildefonso by maintaining the feel of old Porto.

Starring duplex and garden apartments, among others, Formosa offers the privilege to live in an oasis in the city center and also allows you to experience a new lifestyle in the heart of downtown Porto surrounded by the iconic Mercado do Bolhão, the central Rua Santa Catarina, and the historical area of São Bento.

The architectural project, developed by Architect Paulo Lousinha, elegantly combines a complete renovation of the original structure with the latest construction technology. Whilst respectfully preserving original elements such as the structural granite wall and draws inspiration from Porto’s architectural tradition in the interior and exterior. The building’s functionality focuses on energy efficiency and comfort with a local architectural flavor.

In the central courtyard, you will find a beautiful water feature reminiscing of the old washhouses of Bolhão, recreating the sound and feel of an old city square, where the neighbors would gather for the washing practices in the community. The staircase, part of the facade, and additional exterior elements are finished with the characteristic Ataíja Creme stone, in stark contrast with modern elements such as bamboo wood and Corten steel.

Excellent for own housing or investment.

Price per m² €3.755, with the average value practiced in the area in question being around €5,000/m2

As an investment, it is estimated that this property could generate €1,500 per month as a long-term lease (4% yield) and an average of €125 per day as a holiday rental (8% yield).

Similar properties rent for an average of 15 days per month and generate around €35.375 in annual income, calculating at 75% annual occupancy.