Apartment for Sale in Santa Marinha e São Pedro da Afurada, Vila Nova De Gaia, Porto, Portugal

Loft with 134 sqm, furnished, with terrace and inserted in a new prestigious development, the Fervença Palace, in Vila Nova de Gaia.This apartment is operated by an integrated rental management company. It benefits from a guaranteed yield up to 6% per year, until April 2029, with the possibility of extending the operating contract. It has had an occupancy rate of around 90%. This apartment, with a rectangular layout and modern lines, is divided into two separate units with independent entrances. It is ideal for rental.Each loft consists of a common social area with an open kitchen and a bathroom. There is access to a mezzanine, which can be used as a bedroom. One of the two units has access to a 14 sqm terrace.The buyer could combine the two units to transform them into a spacious one-bedroom plus two-bedroom loft, consisting of a large living room with a fully equipped open kitchen and one toilet, one en-suite bedroom and two large mezzanines, which would work perfectly as bedrooms. One of the mezzanines has access to a 14 sqm terrace.With high quality finishes, it includes air conditioning and double glazed windows. It is sold fully furnished and equipped.The timeless elegance of Fervença Palace is the result of a rehabilitation project for an 18th century building that preserves many of its unique architectural features. The building is being modernized into 17 high quality apartments, between studio and 2-bedroom.Its location, on the banks of the Douro river with its south-facing façade, allows it to have a great sun exposure and splendid views over the river and the city.A short distance from Porto's main attractions, including the Historic Center at Sé, Dom Luís I Bridge or the traditional Port Wine Cellars, it is also a distinctive feature of this project.

Agency Licence number AMI 11577