2 Properties for Sale, Apartments - Apartment 4 Bedrooms with Energy Certificate E, in Gondomar

Spectacular 4 bedroom flat in the heart of Gondomar, next to the City Hall, close to all kinds of shops, services, schools and public transport.
It is on the 2nd floor of a building with a lift.

Apartment Features:

Spacious living room with plenty of natural light, with access to a balcony, providing a cosy environment for leisure time.

Modern, fully equipped kitchen with pantry and separate laundry room for added functionality.
Marquised balcony with barbecue, perfect for enjoying meals and family gatherings, regardless of the weather.

4 large bedrooms, 2 of which are suites with access to a balcony, and all with built-in wardrobes offering plenty of storage space.

4 bathrooms: two suites with private bathroom, a full bathroom to support the other two bedrooms and a guest service bathroom.

Other Features:

Closed box garage for 2 cars.
Central heating, air conditioning in all rooms, window frames and double glazing with high quality finishes, ensuring comfort and energy efficiency.

Don’t miss this unique opportunity! Schedule your visit now and come and see your future home.

Apartment T4 transformed into T5, in Rio Tinto, Gondomar, in the renowned cooperative Mão à Obra, well-maintained in terms of spaces, this is a property ready to provide immediate monthly profitability.
Apartment Features:
- Spacious T4 apartment transformed into T5.
- In good overall condition, offering an excellent investment opportunity.
- Fully equipped kitchen.
- 1 full bathroom and 1 half bathroom.
- Location: Rio Tinto, Porto.Proximity to Major Universities and Institutions: Next to the main faculties of the city of Porto (FEUP, São João Hospital Center, University of Porto Medical School, IPO, São João Hospital)... Strategic location with easy access to public transportation and local amenities. Various services, commerce, and transportation in the surrounding area.
Income Opportunity:
- Each room is currently rented for €235 monthly.
- Potential to increase the rent to €350 per room monthly.
- Annual contracts ensure stability and predictability in the return on investment.Financial Details:
- Sale Price: €229,000.
- Current Annual Rent: €14,100.
- Annual Expenses: €1,116 (including taxes and condominium).
- Current Return Rate: 5.66%.Appreciation Potential:
- Potential rent increase to €350 per room.
- Potential Annual Income: €21,000.
- Potential Return Rate: 8.68%.Additional Information:
- Property Tax (IMI): €276 per year.
- Monthly condominium fee: €65.Why Invest in this Apartment:
- Strategic Location: Close to educational institutions, ideal for students.
- Solid Income: Current and potential, providing financial stability.
- Appreciation Potential: With the possibility of increasing monthly rent.
- Annual Contracts: Ensure predictability in the return on investment and flexibility to adjust current monthly values.Don’t miss this unique real estate investment opportunity in an excellent area of Porto. Schedule a visit today and discover the potential of this apartment to enhance your investment portfolio. We have a virtual tour available for you to preview the apartment virtually or you can schedule an in-person visit with me. (The apartment is fully occupied, hence the difficulty in presenting better photos. We apologize for this inconvenience). Contact us for more information and to schedule visits.