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Exclusive Investment Opportunity in Porto - Income-Generating 7-Bedroom Apartment! We present an excellent investment opportunity in Paranhos, Porto, with guaranteed profitability! This 5-Bedroom apartment, carefully converted into a 7-Bedroom apartment, offers a 10% profitability, operating 100% w
Porto, Porto, Portugal
REF: 884728
€310,200
Description
Exclusive Investment Opportunity in Porto - Income-Generating 7-Bedroom Apartment! We present an excellent investment opportunity in Paranhos, Porto, with guaranteed profitability! This 5-Bedroom apartment, carefully converted into a 7-Bedroom apartment, offers a 10% profitability, operating 100% with the rental of rooms. Property Features: - Type: 5-Bedroom apartment (converted into a 7-Bedroom apartment) - Gross Private Area: 115.75 m² - Garage: Yes - Lease Status: All rooms rented - Gross profitability: 10% Privileged Location: Located on the prestigious Rua de Niassa, just 900 meters from the Carolina Michaelis metro station and with easy access to several bus lines. This strategic location offers mobility and convenience to tenants, making the property even more attractive for rental. Investment Highlights: - Income-Generating Property: All rooms are rented out, providing the new owner with a stable and immediate source of monthly income. - Growth Potential: The buyer can choose to maintain the current lease agreements or explore new possibilities with the vacant property. - Strategic Location: The proximity to the metro and main public transport routes increases the value of the property and ensures high demand from tenants. This is an ideal property for investors looking for a secure and long-term source of income, with great potential for appreciation. Schedule your visit now and don't miss out on this unique investment opportunity! This version presents the property as a solid investment opportunity, highlighting its profitability and flexibility in managing the lease. iad Digital iad has chosen to dematerialize traditional real estate agencies in order to offer a more competitive service to the client, while simultaneously optimizing the activity of the real estate consultant. iad Real Estate 90% of real estate projects start online. iad offers personalized support to its clients at a fair price. Our consultants work closely with a vast network of experts. #ref: 126787
Exclusive Investment Opportunity in Porto - Income-Generating 7-Bedroom Apartment! We present an excellent investment opportunity in Paranhos, Porto, with guaranteed profitability! This 5-Bedroom apartment, carefully converted into a 7-Bedroom apartment, offers a 10% profitability, operating 100% with the rental of rooms. Property Features: - Type: 5-Bedroom apartment (converted into a 7-Bedroom apartment) - Gross Private Area: 115.75 m² - Garage: Yes - Lease Status: All rooms rented - Gross profitability: 10% Privileged Location: Located on the prestigious Rua de Niassa, just 900 meters from the Carolina Michaelis metro station and with easy access to several bus lines. This strategic location offers mobility and convenience to tenants, making the property even more attractive for rental. Investment Highlights: - Income-Generating Property: All rooms are rented out, providing the new owner with a stable and immediate source of monthly income. - Growth Potential: The buyer can choose to maintain the current lease agreements or explore new possibilities with the vacant property. - Strategic Location: The proximity to the metro and main public transport routes increases the value of the property and ensures high demand from tenants. This is an ideal property for investors looking for a secure and long-term source of income, with great potential for appreciation. Schedule your visit now and don't miss out on this unique investment opportunity! This version presents the property as a solid investment opportunity, highlighting its profitability and flexibility in managing the lease. iad Digital iad has chosen to dematerialize traditional real estate agencies in order to offer a more competitive service to the client, while simultaneously optimizing the activity of the real estate consultant. iad Real Estate 90% of real estate projects start online. iad offers personalized support to its clients at a fair price. Our consultants work closely with a vast network of experts. #ref: 126787
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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 €310,200 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 |
|---|---|---|---|
| €310,200 | £256,942 | £266,601 | £9,660 |
| Property Price € | €310,200 |
| Minimum cost in the last six months | £256,942 |
| Maximum cost in the last six months | £266,601 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,660 |
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 €310,200 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 |
|---|---|---|---|
| €310,200 | £256,942 | £266,601 | £9,660 |
| Property Price € | €310,200 |
| Minimum cost in the last six months | £256,942 |
| Maximum cost in the last six months | £266,601 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,660 |
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 £9,660 more.
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