1 Bedroom apartment with 92 s qm inserted in a new development in the historic center of the undefeated city

Miragaia, Porto, Portugal

For Sale

€495,000

REF: 679468 €495,000


1

2

92 m2

92 m2

Description

1 Bedroom apartment with 92 s qm inserted in a new development in the historic center of the undefeated city. This new development reveals a balanced and sustainable lifestyle in the heart of Porto, one of the oldest and most desirable cities in Europe. Apartments with local accommodation license and possibility of 5% guaranteed income per year for 5 years, in these cases with mandatory to add the furniture pack that we have available for the T1 and T2 apartments.

All apartments share a large landscaped outdoor garden designed to bring privacy and conviviality. Hidden nests and open areas alternate through a large, discreet pergola structure with growing plants accommodating a fully glazed fitness greenhouse and an outdoor jacuzzi. The building, with a rehabilitation project by the renowned architects Cannatà & Fernandes, respects the pre-existing elements - such as the old façade and stonework - and adds a new highly contemporary language to the interior, designed with unexpected straight and spectacular lines.

A development with an architecture made to last along with the comfort of a contemporary residence in the heart of a city whose origins date back to the first century BC Both the building and its 250 square meters of patio will be totally renovated following the most premium standards, but keeping some of its more traditional features, such as the typical old façade of yellow tiles and the central wooden staircase surmounted by the original skylight, fundamental elements of the traditional architecture of Porto.

Extremely well located and with the bustling Historic Centre of Porto, classified as a Cultural Heritage of Humanity by UNESCO, just two minutes walk, the building is surrounded by four public gardens, including the Virtues Park and the Crystal Palace Gardens, where the SuperBock arena and the most modern library in Porto are located, soon you will have next to you the metro station with the new Ruby Line.

In the immediate vicinity are also the main attractions of Porto, such as the Baroque Church - Carmo, Torre dos Clérigos, the beautiful bookstore Lello, the street Miguel Bombarda, where most of the art galleries are located, Hospital de Santo António, one of the Portuguese health institutions of reference and the University of Medicine, Praça Carlos Alberto.

In the miss this opportunity book your visit now. For over 25 years Castelhana has been a renowned name in the Portuguese real estate sector. As a company of Dils group, we specialize in advising businesses, organizations and (institutional) investors in buying, selling, renting, letting and development of residential properties.

Founded in 1999, Castelhana has built one of the largest and most solid real estate portfolios in Portugal over the years, with over 600 renovation and new construction projects. In Porto, we are based in Foz Do Douro, one of the noblest places in the city. In Lisbon, in Chiado, one of the most emblematic and traditional areas of the capital and in the Algarve next to the renowned Vilamoura Marina. We are waiting for you. We have a team available to give you the best support in your next real estate investment. Contact us!
1 Bedroom apartment with 92 s qm inserted in a new development in the historic center of the undefeated city. This new development reveals a balanced and sustainable lifestyle in the heart of Porto, one of the oldest and most desirable cities in Europe. Apartments with local accommodation license and possibility of 5% guaranteed income per year for 5 years, in these cases with mandatory to add the furniture pack that we have available for the T1 and T2 apartments.

All apartments share a large landscaped outdoor garden designed to bring privacy and conviviality. Hidden nests and open areas alternate through a large, discreet pergola structure with growing plants accommodating a fully glazed fitness greenhouse and an outdoor jacuzzi. The building, with a rehabilitation project by the renowned architects Cannatà & Fernandes, respects the pre-existing elements - such as the old façade and stonework - and adds a new highly contemporary language to the interior, designed with unexpected straight and spectacular lines.

A development with an architecture made to last along with the comfort of a contemporary residence in the heart of a city whose origins date back to the first century BC Both the building and its 250 square meters of patio will be totally renovated following the most premium standards, but keeping some of its more traditional features, such as the typical old façade of yellow tiles and the central wooden staircase surmounted by the original skylight, fundamental elements of the traditional architecture of Porto.

Extremely well located and with the bustling Historic Centre of Porto, classified as a Cultural Heritage of Humanity by UNESCO, just two minutes walk, the building is surrounded by four public gardens, including the Virtues Park and the Crystal Palace Gardens, where the SuperBock arena and the most modern library in Porto are located, soon you will have next to you the metro station with the new Ruby Line.

In the immediate vicinity are also the main attractions of Porto, such as the Baroque Church - Carmo, Torre dos Clérigos, the beautiful bookstore Lello, the street Miguel Bombarda, where most of the art galleries are located, Hospital de Santo António, one of the Portuguese health institutions of reference and the University of Medicine, Praça Carlos Alberto.

In the miss this opportunity book your visit now. For over 25 years Castelhana has been a renowned name in the Portuguese real estate sector. As a company of Dils group, we specialize in advising businesses, organizations and (institutional) investors in buying, selling, renting, letting and development of residential properties.

Founded in 1999, Castelhana has built one of the largest and most solid real estate portfolios in Portugal over the years, with over 600 renovation and new construction projects. In Porto, we are based in Foz Do Douro, one of the noblest places in the city. In Lisbon, in Chiado, one of the most emblematic and traditional areas of the capital and in the Algarve next to the renowned Vilamoura Marina. We are waiting for you. We have a team available to give you the best support in your next real estate investment. Contact us!
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Property on Map

#CT-20986

Currency Exchange

Miragaia, Porto, Portugal

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €495,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€495,000 £410,013 £425,428 £15,414
Property Price € €495,000
Minimum cost in the last six months £410,013
Maximum cost in the last six months £425,428
Fluctuating exchange rates over the last six months could have increased the cost of this property by £15,414

Miragaia, Porto, Portugal

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €495,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€495,000 £410,013 £425,428 £15,414
Property Price € €495,000
Minimum cost in the last six months £410,013
Maximum cost in the last six months £425,428
Fluctuating exchange rates over the last six months could have increased the cost of this property by £15,414

The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £15,414 more.

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