Condominium buy in Massarelos Porto

Considered as the capital of Minho region, Braga is the third biggest city in Portugal, after Lisbon and Oporto. In 2012 it was the European Youth Capital and in 2016 distinguished by the Eurobarometer as the city with the best quality of life in Portugal and the third best quality of life in Europe. In 2019 it was considered the second best European tourist destination and in 2020 entered the Financial Times’ prestigious Top 10 of “European Cities and Regions of the Future 2020/2021, the Best and the brightest among Europe investments destination”. Braga is known as the “Portuguese Rome”, an elegant town laced with ancient narrow lanes closed to vehicles, strewn with plazas and a splendid array of baroque churches. Braga’s upscale old centre is packed with lively cafes and trim boutiques, excellent restaurants and low-key bars catering to students from the Universidade do Minho. For the last years, the Top 4 Cities of the Bloom Consulting Portugal City Brand Ranking have been Lisbon, Oporto, Braga and Cascais. In 2019 Braga was considered the third “Best city to do Business in” and the third “Best city to live in”, just behind Lisbon and Oporto. There is a huge tourism hype in these Top 4 cities that led to a considerable increase in real estate prices in these cities’ historical city centres. Braga stands out from this group as being the one in this Top 4 group with the most affordable prices on historical city centres. The escalation of prices of Oporto, Lisbon and Cascais are contributing significantly to increasing Braga’s prices, as investors shift more and more to this city, therefore this price discrepancy on the Top 4 won’t last long. This property is located in Braga’s Historic Centre ARU (Urban Rehabilitation Area), with the aim of building 7 apartments. The 2 current buildings will merge into one, all construction will be made from scratch, maintaining only the original front facade of the building, ensuring its historic roots. After renovation, the building will have 4 floors with 765 m2 of construction area. Additionally, 5 of the apartments will have a private patio each and the other 2 will benefit from spacious balconies. This amazing unit is a 2 bedroom apartment complete with a fully equipped kitchen. Don't miss out on this great investment opportunity!! Ref: PP5906 Property Features Apartment 2 bedrooms 2 bathrooms New development Features great views Morning sun Evening sun Near bars/restaurants Near schools Near shops