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Alive Riverside PORTO, PORTUGAL

Writer's picture: Holmes Properties And REITHolmes Properties And REIT

INVESTMENT DETAILS


Availability: 2 - 5 bedrooms


Price: From €277,000


Estimated Completion: Q2 2025


Tenure: Freehold


Rental Yield: 7%





WHY PORTO?


• Home to 2.3 million people, accounting for a third of Portugal’s GVA


• Record-high numbers of 1.6 million international tourists every year


• Prices in Porto up to 30pc lower than Lisbon

Rent prices have increased 36.6% in the year to January 2023 (Idealista)


• 10th fastest-growing luxury real estate market in the world (+12.7% in 2022)


• Financial Times 3rd for “European Cities and Regions of the Future" 2022/23






FULL DESCRIPTION


Brand new residential investment opportunity on the banks of the river Douro.


Alive Riverside Porto offers 2-5 bedroom apartments priced from only €277,000. Long term rental yields are projected at 7 percent net through our local rental management partner Innkeeper. Phenomenal payment terms with only 10 percent down, 10 percent in 6 months, 10 percent in 12 months and then balance on completion Q2 2025. We can offer international buyers financing options up to 70 percent (subject to status). Luxury specification with a host of on-site amenities. The project is located 200m from the new Ruby metro stop opening in 2026 connecting you to the city centre in 5 mins. Our project located in Gaia being close to all the wineries and historical attractions the city has to offer.


As one of the most densely populated areas in Portugal, and property prices per sqm seeing an 8.4% increase last year, Porto represents arguably the best city in Europe for investment.





ABOUT THE PROJECT:


• Luxury Apartment project on the banks of the River Douro


• 244 units comprising of one-five bedroom layouts


• Luxury amenities and standard of finish


• Only 10 percent down now and flexible payment over construction


• Foreign investor financing up to 70% (*subject to status)


• Established developer with proven track record


• 2 bedroom apartment prices from only €277,000



AMENITIES:


• Co-working space

• Leisure areas

• Gymnasium

• Kids club (indoor & outdoor)

• Barbecue area

• Fire pit

• Outdoor gardens

• Electric car charging station

• WiFi in common areas

• 24/7 security

• CCTV




LOCATION


At Alive Riverside you will be close to major urban centres and services, without losing your privacy and tranquillity. Located on the riverside of the Douro River and near the Arrábida Bridge, your future home will be meters away from everything you need to keep an active and dynamic life—from hospitals, schools, supermarkets, and shopping centres, to historical centres and cultural, leisure, art, and entertainment venues.


In the evening, head to the fantastic Port wine cellars for a glass of wine with a river view, or cross the bridge and stroll along the Ribeira.


Furthermore the project is located next to the brand new Ruby metro line stop set to open at a similar time to Alive Riverside. The project is 200m from one stop and 500m from the other (Candal and Arrabida) connecting you to the city centre in 5-7 minutes.



Ponte da Arrábida | 200m

Marina da Afurada | 2.5km

Ribeira do Porto | 4km

Nova Estação de Metro | 200m

Hotel The Yeatman | 2.8 km







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