Investment with a yield between 8-12%
Fully Renovated & Exclusive building that combines historical charm and modern comfort, with a premium location in Foz.
Building Composition
2 One-Bedroom Apartments (T1)
1 Duplex Studio
1 Two-Bedroom Duplex Penthouse
Located between the river and the sea, just minutes from Foz beaches, with a vibrant gastronomic offer, services, and international schools nearby.
Estimated Returns
Comparison between traditional rental (~2-3% p.a.) and short-term rental (8~12% p.a.).
Conclusion
The property offers two investment scenarios of 2.6 M :
Traditional rental with gross yield of ~2-3% per year.
Short-term rental (AL) with potential net yield of 8-12% per year.
A unique location, with strong capital appreciation and above-average income potential
Passeio Alegre is a historic garden located in Foz do Douro, Porto. Created in the 19th century, it is a landscaped area with wide paths lined with palm trees, flower beds, ornamental fountains and sculptures. The central bandstand and marble fountain are emblematic features. Located next to the Douro River, it offers a privileged view of the river mouth, making it a place for leisure, walking and contemplation, much sought after by both locals and visitors. It is classified as a property of public interest and is part of the cultural and landscape identity of the city.
Energy Rating: Exempt
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€2,600,000