An investor approached Host Wise with a limited budget of 300,000€ to invest in real estate, seeking a property with an estimated return on investment (ROI) above 10%. The investor showed preference for downtown Porto, although some flexibility in location was allowed.
- At least T3 (3-bedroom) property
- High-end assets allowing higher prices
- Swimming pool as a rare amenity
- Limited new construction in downtown Porto
- Inflated asking prices in areas near downtown Porto
- Lack of high-end, differentiated offerings
Oliveira do Douro was identified as a location with high ROI potential due to:
- Proximity to the historic center of Gaia (10 minutes) with high tourist demand
- Lower asking prices and many new constructions due to low demand for residential purposes
- New constructions focused on high-end assets with differentiating amenities such as pools, gardens, and garages
A T3 property was identified in the new development, The Hills, with the following amenities:
- Swimming pool
- River view
- 2 parking spaces
The asking price was 260,000€.
Host Wise invested 50,000€ in furnishing and decorating the property, positioning it in a high-end category.
The property has consistently received 5-star ratings across various platforms, indicating potential for price growth in the medium to long term. The daily rental price varies with the city's seasonality:
- High Season: 400€ - 450€
- Mid Season: 200€ - 250€
- Low Season: 150€
The property's gross ROI is 20% per year.
Ready to unlock your property's potential? Let our expert team at Host Wise transform your investment into a high-ROI success story. Contact us today and start maximizing your returns!
Phone: (+351) 918 963 331
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