Fernão Magalhães 127: Portugal Investment Property

Discover the unparalleled opportunity presented by Fernão Magalhães 127, a new private condominium located in the vibrant city of Porto, Portugal. This development boasts 334 high-quality apartments, ranging from cozy studio apartments to spacious three-bedroom units, spread across 21 carefully designed floors. With an investment of 150 million euros by Avenue, Fernão Magalhães 127 revolutionizes urban living by providing modern amenities, including large balconies or terraces offering breathtaking views. The luxurious lifestyle encapsulated in this Portugal investment property allows residents to enjoy a harmonious blend of contemporary living and nature. Furthermore, the development emphasizes sustainability and innovative solutions aimed at revitalizing the area surrounding Avenida Fernão de Magalhães, making it an attractive option for those seeking lucrative Portugal real estate investment prospects.

Additionally, the property ensures peace of mind with 24-hour security service and a plethora of sports facilities that enhance the living experience. If you wish to explore more listings, you can visit Luximos Christie’s, an exclusive affiliate offering exceptional properties across Portugal.

Key Takeaways

• Fernão Magalhães 127 features 334 high-quality apartments.
• The investment in the project amounts to €150 million aimed at urban revitalization.
• Residents benefit from modern amenities, including sports facilities and security services.
• The development is strategically located in Porto, a city known for its investment potential.
• Luximos Christie’s offers comprehensive support for national and international buyers.

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Overview of Fernão Magalhães 127 Investment Opportunity

The Fernão Magalhães 127 investment opportunity stands as a beacon for those exploring Portugal property investment opportunities. This new development in Porto distinguishes itself with cutting-edge architecture and unparalleled quality, appealing to both local and international investors.

What Makes Fernão Magalhães 127 Stand Out?

Fernão Magalhães 127 is characterized by its modern design, featuring high-quality finishes and advanced energy-efficient technologies such as photovoltaic panels. With an impressive energy class A rating, it caters to a sustainable lifestyle. The spacious apartments include built-in wardrobes and luxurious options like jacuzzis and private pools, making them highly desirable among Fernão Magalhães 127 real estate properties.

Location and Access

Located in a vibrant area of Porto, this investment opportunity provides excellent access to transportation links, ensuring convenience for residents. Buyers can enjoy a range of amenities nearby, enhancing the living experience. These factors make it an ideal choice for anyone seeking prime Portugal property investment opportunities.

Design and Amenities

The design focuses on spaciousness and comfort, offering two bedrooms, two bathrooms, and two garage spaces within 88 m2 of living area⁴. Residents benefit from amenities like a large balcony, a fully-equipped kitchen, and security services, with exclusive facilities including event rooms and co-working spaces. This comprehensive set of features solidifies the appeal of the Fernão Magalhães 127 investment opportunity.

For more information on this exceptional offering, visit Luximos Christie’s Real Estate, where they present this and other outstanding properties for sale in Portugal⁵.

Investment Potential in the Portugal Real Estate Market

The Portugal real estate market is currently witnessing a significant transformation, attracting diverse investment interests. Favorable economic conditions, including increasing property values, make this a compelling time for investment in residential properties. The shift towards sustainability in real estate developments further enhances the appeal of projects like Fernão Magalhães 127.

Current Trends in Portugal Property Investment

Recent statistics reveal that the luxury real estate market in Portugal is anticipated to remain a safe and profitable investment in 2022, with property prices rising by 6.8% in 2021⁶. The government is actively working to reduce VAT on new construction from 23% to 6%, aiming to accelerate market growth⁷. Furthermore, a new strategic plan called Construir Portugal is set to address housing shortages and streamline regulatory approvals to ensure sustained market momentum⁷.

Target Market for Fernão Magalhães 127 Properties

The target market for Fernão Magalhães 127 properties consists primarily of both national and international investors drawn by the vibrant environment and investment potential of Porto. Areas such as Vilamoura and Foz do Douro are becoming increasingly popular among foreign investors⁶. The property is designed to appeal to buyers seeking modern living spaces, with premium amenities including an athletics running track and a padel court that cater to a luxury lifestyle.

Conclusion

Fernão Magalhães 127 investment property stands as a beacon within Porto’s flourishing real estate landscape, offering a unique blend of luxury and sustainability. With its remarkable amenities and strategic location, this property caters to a growing demand among both investors and homeowners eager to immerse themselves in the vibrant culture of Porto.

The current trends indicate a robust performance in the Portugal real estate investment sector, where luxury rental values are rising significantly, particularly in cities like Lisbon, Dubai, and Bangkok⁸. As the market continues to evolve, Fernão Magalhães 127 captures the interest of a diverse demographic, all drawn to the allure of modern living amid historical richness.

Positioned to benefit from ongoing growth and strong demand, Fernão Magalhães 127 confirms its status as an ideal investment opportunity for those looking to navigate the promising landscape of Portugal real estate investment. To explore more about this fantastic opportunity, visit this detailed article.

Source Links

1. https://www.youroverseashome.com/property-for-sale/portugal/property-detail/856035/
2. https://www.luximos.pt/en/news/sublime-blog/2022/01/25/porto-in-the-sights-of-real-estate-investors-in-2022
3. https://www.luximos.pt/
4. https://www.youroverseashome.com/property-for-sale/portugal/property-detail/856010/
5. https://www.luximos.pt/en/news/sublime-blog/2021/03/01/golden-visa-portugal-10-months-to-invest-in-porto-and-the-algarve
6. https://www.luximos.pt/es/comunicaciones/sublime-blog/2022/01/11/real-estate-assets-are-a-safe-haven-currency
7. https://www.cresthavenadvisors.com/
8. https://www.construir.pt/2024/06/25/conclusao-de-novos-escritorios-cai-32-na-europa-em-2023