Alvaro, Porto

 

This Porto development is ideally situated to benefit from the city’s perfect storm of affordable property prices.

 

Price from £176,675

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Avg. 6% Rental yield

Ranging from
£176,675 to £226,144*

1, 2 bedroom units

Completion Date:
Dec 2020

Alvaro, Porto

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)

Alvaro Details

Location R. Álvaro de Castelões 714-796, 4200-047 Porto, Portugal
Price Range £176,675 – £226,144*
Units

1, 2 bedroom apartments

Rental Yield Avg. 6%
Project Status Completion Date: December 2020

1,900,000

Neighbourhood Population

2.3%

Neighbourhood job growth rate per year

About Alvaro

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.

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