For Sale - Porto, Porto - From €595,000

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More about this property

2 to 4 bedrooms

Historical building

Close to the city centre

130 to 300sqm

Balconies & gardens

High-end finishes

Parking & security

Apartments and townhouses

Only 13 exclusive units

Completion Q2 2020

A one-of-a-kind project is being born on the noble street of Cedofeita in the historical centre of Porto. In a stunning transformation, an iconic 19th-century mansion will be converted into 13 exclusive residences with private gardens, underground parking and 24-hour security. Developed by renowned architect Morais Soares, the original features of the historic building will be preserved so the apartments carefully balance history, tradition and modern design. Bordering Porto’s finest private gardens and some of the city’s oldest trees, this project will also include a vertical garden which will allow residents to immerse themselves in nature and tranquility. The apartments for sale are distributed between two buildings, the Palacete and the Residences, offering a perfect mix of classical and contemporary architecture. The Palacete has five beautiful three to four-bedroom apartments whilst the Residences, a new modern structure, will accommodate eight two-bedroom townhouses.

The Palacete Part of the city’s heritage, this building has a distinctive character and preserves its original elements such as the beautiful ceilings, traditional Portuguese tiles, charming French-style balconies and authentic fireplaces. This creates a very theatrical ambience. The apartments have interior areas ranging between 218 and 302 square metres and feature 3-4 bedrooms with en-suite bathrooms, fully-equipped kitchens and 3-4 private parking spaces. The two apartments on the ground floor benefit from spacious private gardens of 80 and 104 square metres. On the last floor lies the four-bedroom penthouse with charming sloping ceilings and stunning 360º views over the city.

The Residences Overlooking one of the most beautiful private gardens of the city, these apartments offer unique modern living within a historical setting. The eight two-bedroom townhouses range in size from 130-154 square metres and boast spacious private gardens of 59-192 square metres. Featuring large sliding doors that open onto the private gardens, these properties for sale also have both indoor and outdoor fireplaces, underground parking for 2-3 cars, a laundry room and storage space.

Why is the investment opportunity so exciting? This project is the first of its kind in the historic centre of Porto, providing the ultimate experience of living downtown. These properties for sale are close to all the buzz yet away from the crowds on a tranquil residential street. Once upon a time, this property was the home of a high society member called Viscount Barreiros. The original architectural elements of this Palacete state its noble roots, giving its residents the unique opportunity to live in a place that breathes elegance and history. Now add into the mix modern design, green spaces and top-of-the-line materials and you will understand why these properties are a great investment opportunity.

What’s the investment potential? Prime properties in Porto can go up to €8,000 per sqm. This project offers an average of €4,500 per sqm, without factoring in its spacious exterior areas, which represents a great investment opportunity given its superb location, high-quality finishes and amenities. Additionally, these apartments are eligible for the Golden Visa programme which paves the way to European citizenship.

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IMPORTANT NOTICE FROM HAQ OVERSEAS LTD

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.