Fervenca Palace Porto, Portugal
- Availability: 1 - 2 Bedrooms
- Price: €308,000
- Estimated Completion: Q1 2023
- Tenure: Freehold
- Rental Yield: 3%
- Three-time winner of the European Best Destination Award (2012, 2014 and 2017)
- Low cost of living, stable social climate and warm Mediterranean climate
- Historic centre of Porto is an UNESCO World heritage site
- Forbes says Porto is one of six cities to invest in this year
- Hailed the third fastest-growing European tech hub & “best start-up friendly city in Europe”
- Secure a Portuguese Golden Visa before the end of year with investment above €500,000
The historic city of Porto is one of the oldest cities in Europe. In 1996 the city centre secured UNESCO World Heritage status which has strengthened its appeal with tourists and cemented itself as one of the continents ‘go-to’ destinations.
Our project Fervença Palace is a boutique project comprising of only 17 1 & 2 bedroom apartments located in the heart of the city centre on the banks of the Douro River. The building is a stunning piece of history being constructed in the 18th century and boasts stunning south-facing views over the river and the city. All apartments are fully furnished and start from only 308,800eur.
All apartments include air-conditioning, double glass windows, fully equipped kitchens and may come fully furnished. Most of the units will have fantastic views over the Douro river and the city of Porto. Impacto Capital has acquired the entire building and will provide its clients the possibility of management services.
For those looking to capitalise on the Portuguese Golden Visa program before the rules change at the end of this year, our project qualifies with an investment above 500,000eur.
Fervença Palace is located in the banks of the Douro River with its façade facing south, allowing it to have great sun exposure and splendid views over the river and the city.
he 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 cul- ture 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, which are produced and stored along the banks of Douro River. The timeless elegance of Fervença Palace comes from a rehabilitation project of an 18th century building which preserves many of its unique architectural features. Aside from the unparallel views, Fervença Palace is within walking distance of the main Porto attractions, including the Historic Center of Porto, the traditional Port Wine Cellars, Dom Luís I Bridge, the Sé among others.
Explore our various property markets by reading our destination guides. Learn more about their culture and attractions along with insight on their merit as an investment destination.Porto destination guide