Undisclosed Address Maia Porto Area
20 bed / 20 bath / 14,736 Sq. Ft. / Other
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$4,808,720 USD
{{listPriceUS ? listPriceUS : listPriceNoSuffix}}
$4,808,720 USD
Unique opportunity to acquire a 7-storey, 20 suite, income-producing property, in the greater Porto area. Featuring a mix of studio and T1 apartments, including accessible living, the suites have been updated with fully equipped kitchens, living room and bedroom spaces, offering occupants - long and short-term tenants - updated building finishes, two modern elevators and an open-air parking lot. Located in downtown Maia, the building is in the final stages of licensing as an aparthotel, saving future ownership the expense and processing time. Adjacent to City Hall, with its scenic praça, featuring a strong mix of cafés, restaurants and diversity of commerce, the building occupies a prominent position in the heart of the city. Found only 8 minutes from Porto international airport, situated in Maia, the property is 600 m to the Maia zoo, while downtown Porto is a convenient 15 minutes away. Building infrastructure includes lower-level mechanics and staff area, with a large lounge occupying the 1st floor, perfect for an in-house gym or common recreational area. On the rooftop, we find a common-use laundry room - an opportunity for future ownership to expand services and maximize returns. Aligned with the potential for short-term rentals, the building’s location, steady income and excellent regional access provide investors with considerable upside. Financial projections are available for serious buyers. Please provide 48 hours notice for tour requests, whether in-person or video-conference.
property details
Type
Other
Status
Active
Year Built
1994
Beds
20
Full Baths
20
Sq. Ft.
1,473,578
Listing Id
172313
List Office Phone
+1 351 289 324 959
Interior Features
Living Area Units
Sq. Ft.
Full Baths
20
Bathrooms Total
20
Utility & Building Info
Building Area Total
14,736 Sq. Ft.
Price Per Sq Ft
€3,287
Architectural Style
Other
Price History
| date | event | price |
|---|---|---|
|
09/13/2023
09/13/2023
|
Active |
$4,500,000
|
|
01/03/2023
01/03/2023
|
Active |
$4,746,650
|
|
01/02/2023
01/02/2023
|
Active |
$4,805,505
|
|
12/31/2022
12/31/2022
|
Active |
$4,826,922
|
|
12/30/2022
12/30/2022
|
Active |
$4,794,655
|
|
12/29/2022
12/29/2022
|
Active |
$4,795,411
|
|
12/28/2022
12/28/2022
|
Active |
$4,786,740
|
|
12/27/2022
12/27/2022
|
Active |
$4,797,293
|
|
12/26/2022
12/26/2022
|
Active |
$4,780,124
|
|
12/24/2022
12/24/2022
|
Active |
$4,800,220
|
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