Heritage Building Near Campo 24 De Agosto With Airbnb Licence

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Heritage Building Near Campo 24 De Agosto With Airbnb Licence 1 405 000 € Ref: IW2147/22

384 m²

484 m²

**** Investment Opportunity - Airbnb****

Charming building of traditional Porto architecture, recently fully renovated and currently on the short term rental market, with an excellent annual ROI.

Located in a fast growing area of the city of Porto, in Bonfim, this property is located at 300 meters from Campo 24 de Agosto Metro Station and 900 meters from Campanhã Train station, being sold fully furnished in all apartments and with equally equipped kitchens.

2023 Financial History - Management Started In March 2023
- Revenue: 111.307,61€
- NET Income Before Taxes: 72.921,84€
- Yield: 5.19%

With living area of 384 square meters, this real estate asset presents itself as an exceptional solution from an investment and and yield based standpoint on the Short Term Rental Market, where it is currently managed, as it is under "Propriedade Total", one of the rare exceptions to continue this model to the recent legislation in force by the Portuguese Government.

The building consists of:

- 11 Suites
- Common Kitchen

In addition to these properties, at the rear there is a garden with considerable areas, typical of traditional buildings in Porto, and a feature that is increasingly sought after and valued in urban centers due to its scarcity.

If your objective is to obtain an above average annual return from this existing business, don´t miss this unique opportunity and call us!

Invest Wise - We sell businesses with guaranteed profitability.

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Invest Wise is a real estate platform created for you by specialists in local accommodation management, Host Wise.

Host Wise is one of the leading Portuguese property management companies in Porto and is rapidly expanding nationwide. Specialized in the short-term market, Host Wise includes long-term rental and rural tourism in its portfolio. Currently managing more than 250 properties in 21 cities of Portugal, Host Wise differentiates itself from its competitors through a professional analytical team capable of providing revenue forecasts for real estate investments.

These direct synergies with the real estate market place Host Wise in a privileged position to cover the entire value chain, from investment analysis to product management and execution.

The real estate opportunities published by Invest Wise come from detailed analysis and accurate forecasts, based on experience, technology and a highly qualified team.

We are here to create your next opportunity!

Property Type
Building

Typology 11 Bedrooms

Objective Sell

Condition Recovered

Price 1 405 000 €

Construction Year N/A

Country Portugal

District Porto

County Porto

Parish Bonfim

Zone Baixa do Porto

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