€220,000

Porto

Overview

SUMMARY: Discover an opportunity with this Porto flat for sale and available for €220,000. This could be your next ideal home or a smart investment. More details await.

Discover this 3-bedroom apartment with 1 bathroom, located on the 2nd floor (building with ground floor, 1st,

and 2nd floors) of a well-structured property with two façades, offering great sun exposure and abundant natural light. It also includes a private parking space in the building's courtyard a rare asset in this area of the city. Located near the Campanhã Intermodal Terminal, Wholesale Market, Estádio do Dragão, and the new E-Modus development, this
property sits in one of Porto's fastest-growing and most promising areas, driven by significant public and private investments in mobility, housing, and urban renewal. The apartment requires full renovation, offering broad value-add potential and multiple project possibilities whether for high-return resale or long-term rental and student accommodation. Key Features 3-bedroom layout 1 bathroom 2nd floor (no elevator) Dual exposure with excellent natural light Private parking space included Solid and well-distributed structure ideal for a smart renovation project Quiet neighborhood with good access and public transport at the doorstep ARU + ORU Zone Tax Benefits & Financing This property is located within an Urban Rehabilitation Area (ARU) and an Urban Renewal Operation (ORU), benefiting from: Reduced VAT rate of 6% on rehabilitation works IMI and IMT tax exemptions or reductions (upon application) Eligibility for bank financing up to 100% of acquisition and renovation costs Additional tax incentives for investors who renovate and maintain the property for rental Investment Potential This asset offers an excellent profitability profile, suitable for both private investors and professional developers. Its urban and fiscal framework allows for: Controlled rehabilitation costs (6% VAT) High resale margin potential Strong rental demand (co-living, young professionals, students, or families) Strategic Location Just a few meters from the Campanhã Intermodal Terminal and train station Close to Estádio do Dragão and E-Modus, Porto's newest urban hub Easy access to VCI, A1 highway, and public transport Surrounded by commerce, services, schools, and universities Ideal For Fix & Flip investors (renovation and resale) Rental projects with stable net income Families wishing to remodel to their own taste Long-term investment in a property with strong appreciation potential A rare investment opportunity in one of Porto's most promising districts, combining high appreciation potential with attractive tax incentives. Contact us for more information, floor plans, renovation estimates, or to schedule a visit. Energy Rating: D #ref:APA_9 - APA_9 - Definite Concept Real Estate

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Details

  • Beds: 3
  • Baths: 1
  • Price: €220,000
  • Internal Reference No.: 144014144
  • Area: 102 m2

Location

Marketed by:

  • Definite Concept Real Estate
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