Flat T1

New real estate project at launch price and already with 50% of the fractions sold.
In the historic center of Porto, this reinforced concrete project with lift is distinguished by the quality of finishes and robustness, with an excellent location.
Close to all sights and S. Bento station.

# Features
»T1 on floor 0
»Covered area of ​​53 m2
»Balcony area of ​​4.8 m2
»Kitchen equipped with ceramic hob, oven, extractor and refrigerator
»Installation of air-conditioning
»Elevator
»Video doorman in color, with access by code to each apartment
»Locks with digital keys

# Location
»Historic center
»Near S. Bento Station
»Near the Clergy
»Near Ribeira

# Profitability | In Local Accommodation
(see attached slide)
»Annual gross profit: 9% / year
»Net annual rate of return (before taxes): 6% / year
Note: This profitability forecast already includes the i-Wish Management Fee, if you do not have the availability or intention to manage your Local Accommodation.

»Financial and Legal Advice: i-Wish Offer
 
# Simulation of costs and taxes for writing
IMT to be paid: € 10,237.81
Stamp duty (0.8%): € 2,102.96
 

Payment conditions:
CPCV - 10%
Beginning of works - 20%
60 days after construction begins - 10%
90 days after construction begins - 10%
Final contract - 50%

(*) Due to the recent amendment of the legislation on energy certification of buildings (Decree-Law no. 1182013, of 20 August) and the large number of ongoing processes, the energy certificate for this property has already been requested, but in the process of assessment and development by the competent authorities.