This unique collection of 16 apartments for sale is located in the heart of Porto on Clérigos street. The project comprises of studio apartments and one-bedroom apartments spanning between 48 and 72 square metres, all of which feature either a balcony or a terrace.
The properties boast modern interiors with excellent finishes. At the same time, great care has gone into preserving the original characteristics of the property, such as the beautifully detailed ceilings and wood floors. This exciting launch also includes two stunning penthouses for sale which offer panoramic city views.
This development is ideal for anyone looking to enjoy the bustling energy of Porto’s lively city centre, making it an excellent investment both for rentals or as a second home.
Why is this opportunity so exciting?
The property features a unique design with three apartments styles available, each with a different view. The “Gardens” apartments face the interior private garden whilst the “Riverside” apartments overlook Rua dos Clérigos. Finally, the “Rooftops” which is a collection of two stunning penthouses with outstanding views over the city.
What’s the investment potential?
Offering the ultimate mix of high-end finishes and historic charm in a superb location, these apartments are set to perform well in the mid to long-term rental markets with estimated rental yields up to 7%.
In addition, some of the properties for sale are eligible for the Portuguese Golden Visa programme which grants residency to investors and their families. After five years it is then possible to apply for a Portuguese passport.
Historic Porto is Portugal’s second-biggest city and declared a World Heritage Site by UNESCO. The cosmopolitan city, overlooking the Douro River, is famous for its culture, gastronomy, wine and its eclectic mix of historic and contemporary architecture. Besides from this, Porto is very well-connected to the rest of Portugal, offering multiple transport-links.