140 000 €

House T2 in Oliveira do Douro, Vila Nova de Gaia

Vila Nova de Gaia, Porto
48 m²
2 Bedrooms
1 WC
Energy efficiency
Energy efficiency

House T2 for sale

Ideal investment property | T1+1 House in Oliveira do Douro Located in the Douro Hills, just a few metres from São João Bridge and close to General Torres station in Vila Nova de Gaia, this T1+1 house represents an investment opportunity with different potential strategies, either through the rental market or through a renovation and subsequent resale project (fix & flip). The proximity to General Torres station, with access to both Metro and train services, is a significant mobility advantage, providing quick connections to Porto and other areas of the metropolitan region. The property is located within an ARU and ORU area and may therefore benefit from the incentives and tax benefits applicable to urban rehabilitation. This may help reduce the effective cost of the renovation and improve the project's economic viability. Investment potential Based on our analysis and the assumptions currently considered, two investment scenarios have been assessed: Rental market Considering the initial investment required for renovation and the impact of the works on the first year's return, the estimated net rental yield is approximately 5.98% on average over the following four years, corresponding to an estimated gross yield of 6.71%. This analysis takes into account the main costs associated with the investment, namely taxes, IMI and insurance, and aims to provide a rational and not overly optimistic perspective on the potential return. Fix & flip project For an acquisition financed exclusively with equity, and taking into account acquisition, transaction, renovation, commission and tax costs, the estimated total return on investment could approach 18%. This is also an estimate based on the assumptions currently considered and the project's projections and does not constitute a guarantee of future returns. An investment opportunity that is increasingly difficult to find Properties in this investment range are becoming increasingly scarce on the market, particularly when there is residential documentation and the possibility of proceeding with a renovation project of controlled scope. Another differentiating factor is the fact that renovation quotations are already available, allowing the future owner or investor to have an initial concrete reference for the expected renovation costs and to structure the project more quickly. The location, the ARU and ORU framework, proximity to public transport and the acquisition value make this property particularly interesting for anyone looking for a smaller-scale investment project with different potential strategies. If you are considering your first real estate investment, this could be an opportunity to enter the market with a smaller-scale project. If you already invest in fix & flip projects, this may be an option for developing a project with a relatively low initial investment and a defined renovation and value-enhancement strategy. Contact me to learn more about the property, the assumptions used in the estimated returns, the available renovation quotations and the different investment scenarios analysed. Schedule your viewing and discover the potential of this project. ;ID RE/MAX: 124261233-71

Details

Construction Year1954
Gross Area m²78
ElevatorNo
Private Gross Area m²48
Living Area m²78
GarageNo
Total Lot Size m²73
Price m²2 916 €
Floor- -

Location

listing-map-picture

Attributes

Terrace
Storage Room
Garden

Rooms

Living Room- -
Kitchen- -
Bedroom- -
Bathroom- -

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Remax Plaza
Porto, Porto
AMI 4252
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Leandro Monteiro

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Origin Listing reference:id. 124261233-71
Publishing date:
Last Update: