Renovated house with 8 studios in Cedofeita - Porto - high rental yield

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  • Property typeVilla / House T8
  • Sale € 770.000
  • Area240 m²
  • StatusRecovered
  • CountyPorto
  • TownPorto
  • Parish
    Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória
  • REFSF-SAFTI:008038
8
8
240 m²
240 m²
-1
-
E
 

Description

Property located at Rua Padre José Pacheco do Monte 215, Porto, fully owned and completely renovated, comprising 4 floors and 8 independent studios, each with a private bathroom and fully equipped kitchenette.
Each floor is organized into two distinct areas: one facing the street and the other at the back, providing greater privacy and functionality. At the rear, there is a courtyard with access to the ground floor and basement, adding extra value to the property.

All studios are furnished and feature kitchenettes equipped with a refrigerator, hob, extractor hood, microwave, and water heater. Each unit has an individual electricity meter and pre-installed air conditioning, ensuring autonomy and comfort for residents.

Recent full renovation includes:
New roof (tiles and battens)
Completely renewed plumbing and electrical installations
Fire detection system
Sewage and ventilation network
Moisture-resistant drywall
Thermal and acoustic insulation
New staircase
Thermal break window frames in all rooms
Custom-made kitchenettes

Currently, the studios are rented under 1-year contracts (non-renewable), providing total flexibility to the new owner.

Current annual income: €61,200

Significant appreciation potential through:
Short-term rental / Local Accommodation
Rental for digital nomads and international students (Erasmus)

An excellent investment opportunity with immediate income and growth potential.

Schedule a visit!

Location

União das Freguesias de Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória, Porto

Contacts

SAFTI
AMI License: 17184
Website: safti.pt
Address: Avenida da Liberdade, nº 38, 4º - 1250-145 Lisboa
Telephone: 210 939 964
View contacts page Real Estate Agency SAFTI