Apartment T1 for sale in Vila Nova de Gaia

T1 Rua Carvalho Araújo, n. 6, Vila Nova de Gaia INVESTMENT | OCCUPIED PROPERTY | ONGOING COURT PROCEEDINGS IMPORTANT INFORMATION The property is currently occupied and there are ongoing court proceedings. No interior viewings are available. The legal proceedings and available documentation can be reviewed by interested investors upon direct contact. AN INVESTMENT OPPORTUNITY T1 apartment in Vila Nova de Gaia, located at Rua Carvalho Araújo, No. 6, in a strategic location with excellent connections to Porto. With 54.60 m² of gross private area, 18.80 m² of gross dependent area and a 9.80 m² storage room , the property offers a configuration suited to the rental market and is located in an area with strong residential demand. POTENTIAL RENTAL YIELD As a reference for investment analysis, based on an indicative future rent of €1,000/month : Indicative monthly rent: €1,000 Indicative annual gross rent: €12,000 Acquisition price: €179,000 Estimated annual gross yield: approximately 6.7% Gross rental income over 5 years: €60,000 Gross rental income over 10 years: €120,000 This simulation is purely indicative and represents potential future rental income. It does not constitute a guarantee of rent, occupancy or return. Taxes, IMI, condominium fees, maintenance, vacancy periods, financing, legal costs or any costs associated with the ongoing legal proceedings and regularisation of the occupancy are not included. LOCATION Luís I Bridge: approximately 5 min | Direct connection to Porto Porto city centre: approximately 5 min | Culture, restaurants, shopping and urban life General Torres Metro Station: approximately 8 min | Fast connections throughout Greater Porto GaiaShopping: approximately 6 min | Shopping, leisure and restaurants Douro River and Cais de Gaia: approximately 10 min | Riverside walks, terraces and wine cellars Parks and green spaces: approximately 6 min A1 Lisbon/Porto motorway: approximately 3 min | Quick access to the main road network PROPERTY FEATURES Type: T1 Gross private area: 54.60 m² Gross dependent area: 18.80 m² Total gross area: 73.40 m² Basement storage room: 9.80 m² Energy rating: D WHY CONSIDER THIS INVESTMENT? The combination of location, proximity to Porto, accessibility, property size and rental potential makes this asset particularly relevant for investors looking for an opportunity with potential for capital appreciation and future rental income . The property's current occupancy and ongoing court proceedings naturally require a careful review of the available documentation and legal situation. The objective is to provide investors with all available information so that they can assess the opportunity on a properly informed basis.