Almada 2nd Floor - Porto
2 BEDROOMS | 2.5 BATHROOMS | 109m² | PATIO
Asking price: 620.000 € | watch the video
Introducing Rua do Almada, an exceptional building project recently completed in the Cedofeita neighborhood, one of Porto’s most sought-after locations. This beautifully restored property consists of four unique apartments, all featuring access to a spacious shared patio of 110m². Recent updates from the Porto municipality also confirm that this address qualifies for an AL license (Airbnb), making it a prime investment for rental opportunities. Click here to learn more about Porto and here for alojamento local updates!
Why Rua do Almada?
This investment opportunity combines strong rental potential with the timeless charm of a restored historical building. Each unit has been renovated with meticulous attention to detail, blending modern finishes with traditional architectural elements.
The apartments are located in Cedofeita, a trendy and vibrant area in the heart of Porto. The neighborhood is known for its galleries, coffee shops, and restaurants, all within walking distance of the city center and conveniently close to public transportation.
Details of the Second Floor Apartment
• Size: 109m²
• Layout: 2 bedrooms, open kitchen/living space
• Features: Refurbished traditional details, ample natural light, modern finishes
• Availability: Ready for move-in or operation by January 2025
• Potential Uses: Ideal for city living or as a rental investment.
Rental Potential:
1. Short-Term Rentals:
• Gross revenue: €53,367
• Yield: 8.6%
• Target: Tourists
• Management Fee: 25%
• Flexibility for personal use
2. Mid-Term Rentals:
• Gross revenue: €27,025
• Yield: 4.4%
• Target: Expats, digital nomads, students
• Management Fee: 15%
• Flexibility for personal use
Why Invest in Porto?
Porto has become a magnet for tourists and real estate investors alike, thanks to its rich history, stunning architecture, and dynamic culture. Cedofeita, in particular, stands out as a hub for urban living, with its blend of traditional charm and modern convenience.
If you’re interested in learning more about this opportunity or scheduling a visit, feel free to Contact us.