2 Bedroom apartment with 119 s qm and with 3 s qm of exterior space, with a ceiling height of 4 s qm, in the new development Aliados 9, one of the most emblematic buildings in the city of Porto, located in Avenida dos Aliados

União das Freguesias de Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória, Porto, Portugal

For Sale

€760,000

REF: 729009 €760,000


2

3


119 m2

122 m2

Description

2 Bedroom apartment with 119 s qm and with 3 s qm of exterior space, with a ceiling height of 4 s qm, in the new development Aliados 9, one of the most emblematic buildings in the city of Porto, located in Avenida dos Aliados. Apartment with an innovative 'all in one' concept, an integrated and independent module, designed to reduce technical spaces and maximize flexibility and use of space.

Originally called 'A Nacional', this building was inaugurated in 1925, as the headquarters of an insurance company with the same name. Designed by the architect Marques da Silva, Aliados 9 is one of the buildings with the highest heritage value in Porto and is one of the most prominent buildings on Avenida dos Aliados, along with the Banco de Portugal building, the Palácio das Cardosas and the Porto City Council building.

Aliados 9 is a historic building that now combines its invaluable historical and heritage value with the comfort and modernity of the present and the future. A unique building, in a unique location, where it is possible to be part of the city's history, surrounded by culture and refinement and close to all the best that Porto has to offer.

A fantastic rehabilitation project in the best location in the city of Porto, right on Avenida dos Aliados, which represents a strong commitment to the preservation of Porto's historical heritage. Avenida dos Aliados is the main artery of reference in the city of Porto, with luxury hotels and shops, charm and refinement, which was born more than 100 years ago.

Initially called Avenida das Nações Aliadas, it was home to the headquarters of the main banks, political associations and newspapers in the city. Monuments, culture, transport, convenience and luxury trade, leisure, all within walking distance. Aliados 9, faithful to the Beaux Arts lifestyle, stands out for its extraordinary facade, crafted and decorated with exquisite coats of arms, finials, domes, balusters, but above all for the 3 magnificent sculptures on top of the building that culminate with the clock tower, which, from the top of the turret, displays the time in the city.

The interior space reveals a surprising modernity - you circulate through galleries and bridges, with wrought-iron guardrails, which cross spaces with quadruple height, adorned with authentic pieces of art, such as period stained glass windows. The apartments have an unusual high ceiling, surrounded by windows and bow-windows of a monumental scale, elements that lend an unrivaled heritage value to this and some of the buildings that cohabit in the most important address in Porto.

An excellent opportunity for anyone wishing to live or invest in a unique building in the center of Porto, expected to be ready to live in within a few months. Aliados 9 is located in the noblest and most modern historic area of the city, the best of 'downtown', a special location, full of character, ideal for experiencing the city of Porto in all its fullness.

Associated yield via short term rental. Do not miss out on this opportunity. Request more information 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!
2 Bedroom apartment with 119 s qm and with 3 s qm of exterior space, with a ceiling height of 4 s qm, in the new development Aliados 9, one of the most emblematic buildings in the city of Porto, located in Avenida dos Aliados. Apartment with an innovative 'all in one' concept, an integrated and independent module, designed to reduce technical spaces and maximize flexibility and use of space.

Originally called 'A Nacional', this building was inaugurated in 1925, as the headquarters of an insurance company with the same name. Designed by the architect Marques da Silva, Aliados 9 is one of the buildings with the highest heritage value in Porto and is one of the most prominent buildings on Avenida dos Aliados, along with the Banco de Portugal building, the Palácio das Cardosas and the Porto City Council building.

Aliados 9 is a historic building that now combines its invaluable historical and heritage value with the comfort and modernity of the present and the future. A unique building, in a unique location, where it is possible to be part of the city's history, surrounded by culture and refinement and close to all the best that Porto has to offer.

A fantastic rehabilitation project in the best location in the city of Porto, right on Avenida dos Aliados, which represents a strong commitment to the preservation of Porto's historical heritage. Avenida dos Aliados is the main artery of reference in the city of Porto, with luxury hotels and shops, charm and refinement, which was born more than 100 years ago.

Initially called Avenida das Nações Aliadas, it was home to the headquarters of the main banks, political associations and newspapers in the city. Monuments, culture, transport, convenience and luxury trade, leisure, all within walking distance. Aliados 9, faithful to the Beaux Arts lifestyle, stands out for its extraordinary facade, crafted and decorated with exquisite coats of arms, finials, domes, balusters, but above all for the 3 magnificent sculptures on top of the building that culminate with the clock tower, which, from the top of the turret, displays the time in the city.

The interior space reveals a surprising modernity - you circulate through galleries and bridges, with wrought-iron guardrails, which cross spaces with quadruple height, adorned with authentic pieces of art, such as period stained glass windows. The apartments have an unusual high ceiling, surrounded by windows and bow-windows of a monumental scale, elements that lend an unrivaled heritage value to this and some of the buildings that cohabit in the most important address in Porto.

An excellent opportunity for anyone wishing to live or invest in a unique building in the center of Porto, expected to be ready to live in within a few months. Aliados 9 is located in the noblest and most modern historic area of the city, the best of 'downtown', a special location, full of character, ideal for experiencing the city of Porto in all its fullness.

Associated yield via short term rental. Do not miss out on this opportunity. Request more information 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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Currency Exchange

União das Freguesias de Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória, 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 €760,000 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
€760,000 £629,516 £653,182 £23,666
Property Price € €760,000
Minimum cost in the last six months £629,516
Maximum cost in the last six months £653,182
Fluctuating exchange rates over the last six months could have increased the cost of this property by £23,666

União das Freguesias de Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória, 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 €760,000 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
€760,000 £629,516 £653,182 £23,666
Property Price € €760,000
Minimum cost in the last six months £629,516
Maximum cost in the last six months £653,182
Fluctuating exchange rates over the last six months could have increased the cost of this property by £23,666

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 £23,666 more.

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