This Porto development is ideally situated to benefit from the city’s perfect storm of affordable property prices.
Price from £176,675
Avg. 6% Rental yield
£176,675 to £226,144*
1, 2 bedroom units
This Porto development is ideally situated to benefit from the city’s perfect storm of affordable property prices, a strong economy and an increasing population, pitted against a major housing shortage.
Property in Europe’s most creative city remains undervalued and for investors who seek to enter a market that offers strong and steady capital growth and rental yields, Alvaro is an ideal investment.
Unlocking the full potential of city living
- 10 units available exclusively for IP Global clients
- 1-bedroom and 2-bedroom units
- Modern interior and exterior design features
- Close to public transport including the Metro line
- 9-minute drive to Faculdade de Medicina da Universidade do Porto (University)
|Location||R. Álvaro de Castelões 714-796, 4200-047 Porto, Portugal|
|Price Range||£176,675 – £226,144*|
1, 2 bedroom apartments
|Rental Yield||Avg. 6%|
|Project Status||Completion Date: December 2020|
Neighbourhood job growth rate per year
Home of one of the largest UNESCO world heritage sites and a globally recognised wine industry, Portugal’s thriving second city encompasses a unique and exciting mix of charming architecture, traditional culture and a young techsavvy population.
Porto has increased its profile in recent years, seeing a 300% increase in jobs created by foreign investors between 2013- 2016. In late 2018 Amazon announced it is negotiating to buy property in the city to open a new European base in Porto.
The city is an established hub for start-up companies from across the continent.