SOLD! This exquisite 18th-century building is situated in the heart of Porto, facing the banks of the Douro River offering spectacular views across the city and the water. The south-facing aspect gives the properties excellent sun exposure, creating light and airy spaces throughout the modern interiors.
The historic palace is being modernized into 17 upscale residential units. The apartments vary in size, between 41 -156 sqm, with studios, one-bedroom and two-bedroom units available. All apartments include air-conditioning, double glazed windows, fully equipped kitchens and can be supplied fully furnished if required. The project is comprised of two autonomous buildings, a renovated palace and a new modern structure which are separated by an internal private garden. Within the renovated building, almost all units include mezzanine floors, enjoying the original double-height ceilings.
Situated within a walking distance from Porto’s main attractions, including, the Historic Center of Porto, the traditional Port Wine Cellars, Dom Luís I Bridge, and the Sé Cathedral. The project will be fully managed by a specialist operator who is offering investors a guaranteed rental return of 3% for 5 years.
Prices start from €308,800 – €612,080.
Investors buying a property in Portugal at or above the €500,000 government limit will qualify for a family residency visa. Commonly referred to as a “golden visa” or investor residency visa. Please contact us for further details on available properties and programme rules.