10 units exclusive to IP Global

Alvaro

Porto, Portugal

From eur 212,500

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Alvaro

Porto, Portugal

Our first Porto development is ideally situated to benefit from the city’s perfect storm of affordable property prices, a strong economy and an increasing population, pitted against a major housing shortage.

Property in Europe’s most creative city remains undervalued and for investors who seek to enter a market that offers strong and steady capital growth and rental yields, Alvaro is an ideal investment.

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Facilities And Features

  • 10 units available exclusively for IP Global clients
  • 1-bedroom and 2-bedroom units
  • Modern interior and exterior design features
  • Close to public transport including the Metro line
  • 9-minute drive to Faculdade de Medicina da Universidade do Porto (University)

Location

R. Álvaro de Castelões 714-796, 4200-047 Porto, Portugal

Bedrooms

1 / 2 Bedrooms

ltv

Up to 60%

completion

December 2020

rental yield

avg. 6 %

size range

71.8 sqm to 99.5 sqm

A Closer Look At Alvaro

Why Invest In Porto?

Home of one of the largest UNESCO world heritage sites and a globally recognised wine industry, Portugal’s thriving second city encompasses a unique and exciting mix of charming architecture, traditional culture and a young techsavvy population.

Porto has increased its profile in recent years, seeing a 300% increase in jobs created by foreign investors between 2013- 2016. In late 2018 Amazon announced it is negotiating to buy property in the city to open a new European base in Porto.

The city is an established hub for start-up companies from across the continent

GDP Growth

29.4% of national GDP produced in the region

Population

1.9 million residents

Export Hub

40% of Portuguese exports produced in the region

Unemployment Rate

7.3% unemployment rate recorded in 2018

EUROPE'S MOST START-UP FRIENDLY CITY

A flourishing technology industry has developed within Porto, as it welcomes a growing pool of talented workers and students. The city was titled Europe's 'Best Start-Up Friendly City' in 2018, with Porto filing more patents with the EU than any other Portuguese city.

The city is a leader in the creation of technological start-ups, accounting for 36% of the national total, and is also home to some of the country's leading high-tech companies.

LEARN MORE ABOUT THE PORTUGUESE MARKET

Introducing Porto, Portugal: A Magnet for Investment

Long considered Lisbon’s quieter sibling, Portugal’s second city is undergoing an incredible moment of transformation. On the steep banks of the Douro River, Porto is establishing itself through its rich culture, thriving culinary scene, and growing student population, as well as being one of Europe’s leading start-up centres. Portugal’s property markets are currently some of […]
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*Prices and details are correct at the time of going to press. Readers are advised to make their own enquiries to verify such information.

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