Studio+1 With Guaranteed Yield, In Vila Nova De Gaia, Porto

Furnished Loft (66 sqm) with mezzanine and terrace, inserted in a new prestigious development, Fervença Palace, in Vila Nova de Gaia, Porto.

This apartment is operated by an integrated rental management company. It benefits from a guaranteed yield up to 4% per year, until April 2029, with the possibility of extending the operating contract. It has had an occupancy rate of around 90% and has tourism exploration licence.

This apartment comprises a social area, a toilet and a fully equipped open kitchen, with access to a spacious 44 sqm terrace. It also has a mezzanine, reserved for a bedroom, as a suite. With high quality finishes, it includes air conditioning and double glazed windows. It is sold fully furnished and equipped.

The timeless elegance of Fervença Palace is the result of a rehabilitation project for an 18th century building that preserves many of its unique architectural features. The building is being modernized into 17 high quality apartments, between studio and 2-bedroom..

Its location, on the banks of the Douro river with its south-facing façade, allows it to have a great sun exposure and splendid views over the river and the city.

A short distance from Porto’s main attractions, including the Historic Center at Sé, Dom Luís I Bridge or the traditional Port Wine Cellars, it is also a distinctive feature of this project.

Infante & Riu - Portugal Real Estate is a real estate agency based in Chiado, operating in the residential market in the prime areas of Greater Lisbon since 2014. We primarily market new developments, whether under construction or already completed, whilst being able to assist both national and international Buyers.
Energy Rating: B
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