Discover a prime investment opportunity in Porto’s sought-after Paranhos district with this highly profitable, income-generating property. Originally a five-bedroom apartment, it has been thoughtfully converted into a spacious seven-bedroom residence, with all rooms currently leased, ensuring immediate rental income. Spanning a generous 115.75 square meters of gross private area, this property also includes a garage for added convenience. Boasting a solid 10% gross yield, it presents a secure and attractive asset for discerning investors. Located on the prestigious Rua de Niassa, just 900 meters from the Carolina Michaelis metro station and well-connected to numerous bus lines, the property benefits from excellent mobility and accessibility, enhancing tenant appeal. Whether you choose to retain the existing leases or explore new leasing arrangements on vacant spaces, this property offers significant growth potential. Its strategic positioning near major transportation routes guarantees high demand from tenants and promising appreciation prospects. An ideal choice for investors seeking reliable, long-term income with ample room for portfolio expansion. Schedule a viewing today and seize this exceptional opportunity to enhance your investment portfolio in Porto.

5 bedroom apartment

Data source: https://www.rightmove.co.uk/properties/166563368?currencyCode=GBP#/?channel=OVERSEAS