Rehabilitated Building With 4 Units And AL Licence

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Rehabilitated Building With 4 Units And AL Licence 620 000 € Ref: IW1503/22

90 m²

115 m²

**** Valid Short Term Rental Permit ****

Located near the historic center of the city of Porto, this building is currently being operated in a mixed management model: two units in short term rental (Alojamento Local) and two units in mid / long term lease agreements.

Completely rehabilitated in 2020, with a deep intervention in several aspects of the building, maintaining, however, the original facade, this property complies with all the requirements of the legislation in force to the Golden Visa program.

In total, the building comprises the following units:
- 3 Studio Apartments
- 1 Two Bedroom Apartment

Revenue Forecast
- Gross Income: 88.508,40€
- Host Wise´s Property Manager Fee: 13.621,44€
- Plataform Fee: 11.506,09€
- VAT: 5.310,50€
- NET Income Before Taxes: 58.070,36€
- Yield: 8.77%

Some apartments have access to a private terrace, with all being sold furnished and with equipped kitchens.

Want to get a return on your investment through a property already tested in the AL market?

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 5 Bedrooms

Objective Sell

Condition Used

Price 620 000 €

Construction Year 2020

Country Portugal

District Porto

County Porto

Parish Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória

Zone N/A

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