Village Novo Porto in Porto

Name: Sales in Village Novo Porto started!
Start: 2021-05-18T09:17:25.883699+00:00
End: 2023-12-31T23:59:59+0000
Location: Village Novo Porto

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Project info

Object ID: 12223

Finished at	May 2021
Price, m²	From 1850$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 80.00 m²
Floors	2
Apartments	13
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

10,605$

Rental income

1,103$

Management

689$

Utilities

530$

5% Income tax

8,283$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	50$	250$
February	28	21%	6	50$	300$
March	31	16%	5	55$	275$
April	30	16%	5	60$	300$
May	31	32%	10	60$	600$
June	30	60%	18	70$	1260$
July	31	80%	25	95$	2375$
August	31	80%	25	100$	2500$
September	30	46%	14	75$	1050$
October	31	45%	14	60$	840$
November	30	30%	9	50$	450$
December	31	29%	9	45$	405$
Total	365		145		10605$
Average		39%		64$

Total invested

148,000$

Net profit

8,283$

Payback period

14.0 years

Avg property value increase per year

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About the project

Development of 13 3 bedroom townhouses in Banda, in Sao Mamede Infesta, right in front of the city of Porto, in the Monte dos Burgos area. It is located next to the junction of Estrada Exterior da Circunvalação and Via Norte in a very quiet residential area, with all services and amenities at the door and excellent access to the center of Porto, Matosinhos and Maia, as well as to the main roads in the metropolitan area. This entire area will be subject to a significant improvement in urban and leisure and social infrastructures associated with real estate projects under development by Vidór in this quarter and with implementation in the coming years. It is a location that is already highly valued, but which will consensually be valued even more in the coming years with the launch by Vidór of the Village Novo Porto project, which these houses are the first stage.

The villas are distinguished by the excellence of finishes and architecture and the area up to 308 m2 for exclusive use, with a garden in front of each house and two terraces for families to live with the maximum quality and comfort. All houses have a closed box for two cars and large rooms.