Renovated House With 8 Studios In Cedofeita Porto High Rental Yield

Property located at Rua Padre José Pacheco do Monte 215, Porto, fully owned and completely renovated, comprising 4 floors and 8 independent studios, each with a private bathroom and fully equipped kitchenette. Each floor is organized into two distinct areas: one facing the street and the other at the back, providing greater privacy and functionality. At the rear, there is a courtyard with access to the ground floor and basement, adding extra value to the property. All studios are furnished and feature kitchenettes equipped with a refrigerator, hob, extractor hood, microwave, and water heater. Each unit has an individual electricity meter and pre-installed air conditioning, ensuring autonomy and comfort for residents. Recent full renovation includes: New roof (tiles and battens) Completely renewed plumbing and electrical installations Fire detection system Sewage and ventilation network Moisture-resistant drywall Thermal and acoustic insulation New staircase Thermal break window frames in all rooms Custom-made kitchenettes Currently, the studios are rented under 1-year contracts (non-renewable), providing total flexibility to the new owner. Current annual income: €61,200 Significant appreciation potential through: Short-term rental / Local Accommodation Rental for digital nomads and international students (Erasmus) An excellent investment opportunity with immediate income and growth potential. Schedule a visit! (ref SF-SAFTI:008038)