SZE015.02
CAMPAIGN UNTIL THE END OF AUGUST - €5,000 DISCOUNT
PROPERTY SUITABLE FOR THE GOLDEN VISA PROGRAM
The historic city of Porto is one of the oldest cities in Europe. This exciting and vibrating city has surged in Europe as a main touristic destination due to its rich history, deep culture and a very singular nightlife. In 1996 the city center was elevated to the status of UNESCO World Heritage. This region is also famous worldwide because of its wines, which are produced and stored along the banks of Douro River.
The timeless elegance of WOW Palace comes from a rehabilitation project of an 18th century building which preserves many of its unique architectural features.
WOW Palace is located in the banks of the Douro River with its facade facing south, allowing it to have great sun exposure and splendid views over the river and the city.
WOW Palace is comprised of 2 autonomous buildings, the renovated Palace and a new structure, separated by an internal magnificent private garden - with most properties benefiting from a fantastic view over the Douro river and the city of Porto. Within the renovated Palace, most units include mezzanines enhancing the original double height ceilings.
WOW Palace building is being modernized into 17 upscale residential units spread over the ground floor plus 3 floors.. The apartments vary between 41,18 and 148,35 sqm, with studios, one-bedroom and two-bedroom units. Most of all apartments benefit from outdoor spaces, being them terraces or balconies and stand out the two Townhouses, both behind the main building overlooking the private garden and facing west .
All apartments include air-conditioning, double glass windows, fully equipped kitchens and may come fully furnished.
Useful area - 134.13 sqm
Terrace Area - 14.22 sqm
Total Area - 148.35 sqm
Sun Exposure: West
River view
Floor 0
Property consisting of 1 T0 + 1 T1 - Both Mezzanine - separated but with the possibility of interconnecting
Two openspaces living rooms with two kitchens
2 complete bathrooms with shower tray
Mezzanine floors - two bedrooms with wardrobes - One of the Mezzanines has access to a terrace and the other has a full bathroom
Typologies | Lofts | Loft T0 +T1 | T0 + T0 | T2
Works Deadline: Beginning 2023
PRICES FROM: €308,800
INVESTMENT OPPORTUNITY
The owner will be able to provide its customers with the possibility of full management property service.
- Return guaranteed through a 5-year lease;
- The management company may be responsible for all expenses including maintenance, condominium, water, electricity, internet, insurance, among others.
LOCATION
Aside from the unparallel views, WOW Palace is within walking distance of the main Porto attractions, including the Historic Center of Porto, the traditional Port Wine Cellars, Dom Luis I Bridge, the Se among others.
- Transport
350m from Jardim do Morro metro station
1,100m from S. Bento train station
25mn by car from Sa Carneiro Airport
- Interest Points
290m from Serra do Pilar Monastery
350m from the Douro River
400m from D. Luis Bridge
700m from the Historic Center of Ribeira
950m from Porto Cathedral
1,300m from the Palacio da Bolsa
1,700m from Porto City Hall
1.800m from Bolhao Market
2,000m from the Clerics Tower
- Others
500m Restaurant and bars area (Cais de Gaia)
1.500m from the food and bars area (Rua Galerias de Paris)
1.200m from the commercial area (Rua Sta Catarina)
FINISHES
Exterior
- Front and rear facade: Tile in existing color and granite with bonnet finish
- Entrance hall and outdoor areas: Granite flooring and baseboards
- Coverage in general in Marseille ceramic tile
Living room and kitchen
- Floor - 4.5mm thick floating floor with stainless steel finishing profile;
- Mezzanine flooring - Total lining of the stairs in solid oak with 15mm, duly carved with matte varnish finish
- False plasterboard ceilings
- Kitchen equipped with BOSH appliances - ceramic hob, oven, fridge, microwave, extractor hood
Legal references
Characteristics
Energy and Risks