2 Properties for Sale, Apartments - Apartment 4 Bedrooms Used, in Gondomar, Rio Tinto, with Storage

Luxury, comfort, natural light, heating and central vacuum, large spaces, patio with private access to your home, terrace, stunning views, private parking with capacity for 2 cars... Own this fabulous 4 bedroom apartment with 197m2.

Discover your new home in this magnificent apartment, located in Rio Tinto. Privileged location just 7 minutes from the center of Porto. With 197m2 of pure refinement, this residence offers a unique lifestyle.

Main Features:

- Generous Space: 197 m2 to live and enjoy;
- Abundant Natural Light: Bright and welcoming environments;
- Private Terrace: Relax with a stunning panoramic view;
- Parking space for 2 cars: Convenience and safety for your family;
- Storage;
- Reference Condominium: Safe environment and exclusive amenities;
- Strategic Location: Just 3 minutes walk from Rio Tinto train station;

Additional Details:

- Proximity to Amenities: Schools, supermarkets and services within walking distance
- Modern Design: High quality finishes for a sophisticated lifestyle
- Convenient Transportation: Quick access to the train for easy travel
- 5 Minutes of Circumvalation
- 5 minutes from Parque Nascente shopping center

This is the opportunity to live in style, where convenience meets elegance. Don’t miss the opportunity to make this fabulous T4 your new home.

Schedule your visit now! Live the life you deserve in this incredible T4 in Rio Tinto, Porto!

VIVER NAS ONDAS is a real estate agency with 18 years of experience that also acts as a CREDIT INTERMEDIARY, duly authorized by the Bank of Portugal (Reg. 3151).

Our team is made up of passionate and dedicated professionals, ready to make your dreams come true.

We take on the responsibility of taking care of the entire financing process, providing you with peace of mind and security. We are committed to finding the best home loan solutions available on the market, and we work tirelessly to achieve this goal.

We take care of all the details of the process, from analyzing your financial needs to presenting the financing options that best suit your profile.

Our mission is to offer an excellent service, putting your interests first. We work with commitment and dedication to make the process of obtaining housing credit simpler and more effective for you.

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.