Biscainhos, Commercial space with patio

  • Desde € $350,000/For sale

Descripción

Location:

The building is located in an exclusive and privileged area, in the heart of the Historic Center of Braga, surrounded by the best-known attractions of the city, highlighted in red on the attached map: the Biscainhos Museum and its impressive gardens, the City Hall, the famous Arco da Porta Nova, the Santa Bárbara garden, the Treasury Museum of the Braga Cathedral (the most iconic attraction of the city), etc. In this area you will also find the best places to eat, shop, visit and go out.

Building:

The ongoing comprehensive renovation project of Rua dos Biscainhos 65-67 began in November 2021 and will be completed in July 2023. The front façade was maintained and the rest of the building was rebuilt from scratch. The building consists of 4 floors and an interior patio, with a total of 4 units: 3 apartments and 1 commercial space. The only unit available is the commercial space with 110 square meters of interior area and 45 square meters of exterior area. The historic Roman wall of Braga runs through this inner courtyard. Due to the location of the building, the commercial space has great potential for businesses that require a central location. There is a high demand with good rates for this type of asset.

Tax benefits and incentives:

As this building is located in a premium area, called the Urban Rehabilitation Area of the Historic Center of Braga, investors are entitled to the following benefits:

Golden Visa Program: €350,000 renewal visa

VAT: The tax rate is reduced to 6%, instead of 23%

IMI: Exemption from the Municipal Tax on Real Estate for a period of 3 years (renewable for another 5 years)

IMT: Exemption from the Municipal Tax on Onerous Transfer of Real Estate in the first transfer of burdensome property.

Main points:

Highly central apartments with stunning views of the Biscainhos gardens.

Complete renovation with home amenities included.

Access to the €350,000 Golden Visa programme.

Savings of €30,300 in taxes due to tax benefits.

The value of properties in the center of Braga continues to rise.

7th place: European Cities of the Future 2020/21 by the Financial Times, March 2020.

Portugal ranked as the third most peaceful country in the world according to the Global Peace Index, June 2020.

5th best European city in satisfaction with quality of life according to the European Commission, October 2020.

1st place for the best places for Americans to live, work and invest in Europe, according to Forbes magazine, November 2020.

1st Best European Destination 2021, February 2021.

Investment:

The sale price is €350,000 per unit. Currently, the only unit available is the commercial premises with an interior patio, with an interior area of 110 square meters and an exterior area of 45 square meters. A detailed presentation and viewing schedule can be provided upon request.

Location: Historic Center of Braga

Status: 4 renovated units and interior patio

Sale price: €350,000 per unit

Dirección

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  • País Portugal

Detalles

Actualizado en julio 28, 2023 a 11:21 am
  • Precio: Desde € $350,000/For sale
  • Tamaño: 155 sqm

Información de contacto

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Carlos Scheuch
  • Carlos Scheuch

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Carlos Scheuch
  • Carlos Scheuch