ApartmentPorto (Portugal)

Price :

$823,800

USD

Euro € EURAmerican Dollar ($ USD)British Pound (£ GBP)

bedrooms8 bathrooms8 land96 m²

Located in the central area of Porto, near Rua da Constituição, this building with 8 studios offers an excellent opportunity for investors. With a total area of 240 m², the property is currently fully rented, with non-renewable lease contracts (1 year) expiring in October 2025, providing complete flexibility for the new owner. Its prime location and the possibility of conversion to short-term rental or digital platform leasing make this property an ideal choice for those seeking profitability and versatility. With 8 independent studios, each unit has been designed to maximize space utilization, offering functionality and comfort. The building's construction is relatively recent, making it a well-maintained structure that aligns well with the current market. The proximity to services, transportation, and leisure areas makes the location highly attractive to both permanent residents and tourists or digital nomads. In terms of accessibility, the property is just 2 minutes from Rua da Constituição, which quickly connects to the city's main roads. The bus station is about a 5-minute walk away, providing easy connections to various parts of Porto and the surrounding areas. Additionally, the area is well-served by a wide range of commerce, schools, and supermarkets, such as Pingo Doce and Continente Bom Dia, located about 7 minutes away. The location, combined with the rental flexibility and its potential for appreciation, makes this building a unique opportunity for those looking to invest in the city of Porto. Close to several educational options, including the University of Porto, the property is situated in a student residential area that balances residential tranquility with urban convenience.