Porto, Braga 4000

"POOL GARDEN" Building - Investment Asset in the Center of Porto Renovated building located on Rua da Formosa , in the heart of Porto, just a few meters from Santa Catarina Street, Bolhão Market, Aliados Square, São Bento Train Station and the iconic Café Majestic. Situated in a premium location with high tourist demand and strong potential for value appreciation. Property data - Type: Building in Full Ownership - Floors: 4 - Gross construction area: 395.41sqm - Courtyard / patio: 209.69sqm - Composition: 8 apartments + 1 commercial unit - Outdoor swimming pool Technical features - Air conditioning - Fire detection system - CCTV surveillance - Electronic access control - Solid wood flooring - Thermal, acoustic and fire-resistant insulation - Wooden window frames with double glazing - Fire-rated doors (60 minutes) - Technical server room with AC - Decorative ceilings - Includes furniture, equipment and decoration Current income - Fully leased to a well-established tourism operator - Operated under short-term rental (Alojamento Local) Annual income: EUR68,000 Monthly income: approx. EUR5,667 Legal framework & potential - Renovation licensed for tourism use - Horizontal Property (condominium) process initiated in 2019 (on hold by owner's decision) - Future potential for: - sale by individual units - long-term residential leasing - continuation of touristic operation Current restrictions on short-term rental do not affect the ongoing activity nor the sale of the property. Investment profile Suitable for: - private or institutional investors - portfolio diversification - stable income - prime location - low operational risk Contact us for further information and to schedule a visit.