2-bedr

Porto, Porto, Portugal

For Sale

€255,000

REF: 857492 €255,000


2

2

76 m2

79 m2

Description

2-bedr. apartment in Faria Guimarães, ideal for investment (valid AL licence ) or permanent residence. Recently renovated flat with sun exposure East - South, with balcony in the bedroom area. It has generously sized bedrooms, one of which is en-suite, plus a full bathroom and a kitchen open to the living room with lots of light.

The flat has air conditioning in the bedroom area for greater thermal comfort, and double glazed windows in all the rooms. The building dates from 1986 and has a lift. The carpentry has been enamelled in white, making the whole apartment exceptionally bright. The two bathrooms are complete, both with shower trays and one with a window to the outside.

The kitchen is equipped and has a separate laundry area. The living room overlooks Travessa de Antero de Quental, through which you enter the building, a more secluded artery. From the bedroom balconies you can feel the vibrant pulse of the city, just a few metres from the nearest metro station and minutes from the centre of Porto.

The flat has "Licença AL" (Alojamento Local) and has been used for short and medium-term rentals with high occupancy rates and yields, making it a great investment for rentals, although due to its characteristics it is also very attractive as a home for those who want to live in the city centre with all the amenities.

There is no parking space. flat area - 76 m2 + 2.7m2 balcony LOCATION The flat is located in Faria Guimarães between the Marquês and Trindade areas, a 5-minute walk from two metro stations (Faria Guimarães and Marquês) and excellent access by car. A 10-minute walk from downtown Porto and a 30-minute walk from the Boavista roundabout.

Street shops on the doorstep (grocery) and close proximity to leisure areas and cultural and recreational activities. Praça do Marquês is 400 metres away (5 minutes on foot). It is also close to services, street shops, gyms and restaurants. Very central location with everything on the doorstep. Grocery store/fruit shop: 1min walk Supermarket (Pingo Doce): 3 min walk Pharmacy: 3min walk Bakery: 4 min walk Launderette: 4 min walk Hairdresser: 6 min walk Gym: 8 min walk Hospital (Santa Maria): 2 min walk Airport (Franciso Sá Carneiro): 20 min by car Contact me for any further information and to book your visit.

IAD Founded in 2008 in France, IAD is currently present in Portugal, Spain, Italy, Germany and Mexico. With a strong technological and digital component, it is based on a model created to revolutionise the paradigm of real estate brokerage, a concept that merges Real Estate, Web and Network Marketing, dematerialising traditional real estate agencies.

In just a few years, IAD has become the market leader in France and began its internationalisation to Portugal in 2015. With a turnover of 536 million euros in 2023, the IAD group has some of the world's most important investment funds in its capital - Insight Partners (twitter, trivago, shopify, etc), Naxicap Partners, IK Investment Partners and Rothschild Five Arrows. #ref: 120916
2-bedr. apartment in Faria Guimarães, ideal for investment (valid AL licence ) or permanent residence. Recently renovated flat with sun exposure East - South, with balcony in the bedroom area. It has generously sized bedrooms, one of which is en-suite, plus a full bathroom and a kitchen open to the living room with lots of light.

The flat has air conditioning in the bedroom area for greater thermal comfort, and double glazed windows in all the rooms. The building dates from 1986 and has a lift. The carpentry has been enamelled in white, making the whole apartment exceptionally bright. The two bathrooms are complete, both with shower trays and one with a window to the outside.

The kitchen is equipped and has a separate laundry area. The living room overlooks Travessa de Antero de Quental, through which you enter the building, a more secluded artery. From the bedroom balconies you can feel the vibrant pulse of the city, just a few metres from the nearest metro station and minutes from the centre of Porto.

The flat has "Licença AL" (Alojamento Local) and has been used for short and medium-term rentals with high occupancy rates and yields, making it a great investment for rentals, although due to its characteristics it is also very attractive as a home for those who want to live in the city centre with all the amenities.

There is no parking space. flat area - 76 m2 + 2.7m2 balcony LOCATION The flat is located in Faria Guimarães between the Marquês and Trindade areas, a 5-minute walk from two metro stations (Faria Guimarães and Marquês) and excellent access by car. A 10-minute walk from downtown Porto and a 30-minute walk from the Boavista roundabout.

Street shops on the doorstep (grocery) and close proximity to leisure areas and cultural and recreational activities. Praça do Marquês is 400 metres away (5 minutes on foot). It is also close to services, street shops, gyms and restaurants. Very central location with everything on the doorstep. Grocery store/fruit shop: 1min walk Supermarket (Pingo Doce): 3 min walk Pharmacy: 3min walk Bakery: 4 min walk Launderette: 4 min walk Hairdresser: 6 min walk Gym: 8 min walk Hospital (Santa Maria): 2 min walk Airport (Franciso Sá Carneiro): 20 min by car Contact me for any further information and to book your visit.

IAD Founded in 2008 in France, IAD is currently present in Portugal, Spain, Italy, Germany and Mexico. With a strong technological and digital component, it is based on a model created to revolutionise the paradigm of real estate brokerage, a concept that merges Real Estate, Web and Network Marketing, dematerialising traditional real estate agencies.

In just a few years, IAD has become the market leader in France and began its internationalisation to Portugal in 2015. With a turnover of 536 million euros in 2023, the IAD group has some of the world's most important investment funds in its capital - Insight Partners (twitter, trivago, shopify, etc), Naxicap Partners, IK Investment Partners and Rothschild Five Arrows. #ref: 120916
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Property on Map

#120916

Currency Exchange

Porto, 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 €255,000 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
€255,000 £213,971 £219,953 £5,982
Property Price € €255,000
Minimum cost in the last six months £213,971
Maximum cost in the last six months £219,953
Fluctuating exchange rates over the last six months could have increased the cost of this property by £5,982

Porto, 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 €255,000 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
€255,000 £213,971 £219,953 £5,982
Property Price € €255,000
Minimum cost in the last six months £213,971
Maximum cost in the last six months £219,953
Fluctuating exchange rates over the last six months could have increased the cost of this property by £5,982

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 £5,982 more.

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