Magnificent 1940's Airbnb building completely restored in Porto/ Portugal, 100% Occupancy Rate

Porto, Portugal

Residential investment

€1.500.000

25 Feb 2019

246

Property Details

#246

384 m²

Freehold

B

14

5

1

12.10 %

1942

X

Fees

5.00 %

0.00 %

4.75 %

0.00 %

0.25 %

Investment Overview

Exquisite 1940´s Building in Bonfim City of Porto ( 2016, 2017, 2018 Best European Destination). - Completely Refurbished Building - 14 Double Bedrooms (11 ensuite rooms) - 5 Floors - Original 1940´s architectural features - Total area of 384 M2 - South East facing Terrace of 100 M2 - Fully equipped Kitchen - Extremely central location in the Heart of Porto, close to Supermarkets, Shops and retail centres. - Close to Tube Station "24 de Agosto" 130 meters walking distance - 100% occupancy Rate being 50% of the bedrooms rented for Erasmus students guaranteeing a 7% yield and 50% of the bedrooms rented to Booking.com with a 12.1% yield return.

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Market data