Target property: Santa Catarina Residence
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, that are produced and stored along the banks of Douro River. “Santa Catarina Residence”, got its name from Santa Catarina Street. The first records that can be found date this street to 1662 and over time it was recognized as the main shopping area in the city. Historically this street has attracted prestigious brands and some of the oldest Coffee shops in town. Santa Catarina Residence is within walking distance from the Traditional City Market “Bolhão” and the famous “Aliados” Square.
“Santa Catarina Residence” building is being fully modernized into 18 upscale residential units.
The apartments are composed of 16 one-bedroom units and 2 two-bedroom units, and the areas vary from 48,9 up to 123 sqm.
All apartments include air-conditioning, double glass windows, fully equipped kitchens, and may come fully furnished.
The apartments have the possibility to come with a fixed return of 3%.