Fernão Magalhães 2743
Under ConstructionPorto, Paranhos
About
A small-scale residential development, comprising only 6 1BR and 2BR apartments, located on Fernão Magalhães Avenue, in a central and rapidly appreciating area of Porto. The project stands out for its high construction quality, excellent finishes, and high energy efficiency.
All apartments include a parking space, and benefit from balconies or private gardens, depending on the unit. The interiors have been designed to prioritize comfort, functionality, and natural light.
The kitchens feature lacquered and oak cabinetry, Extremoz marble countertops, and TEKA appliances or equivalent. Also noteworthy are the vinyl flooring with oak finish, aluminum frames with thermal break, thermal and acoustic insulation, lacquered carpentry, and fire-rated security doors.
The development includes multi-split air conditioning, a heat pump for domestic hot water heating, photovoltaic panels per unit, LED lighting, and a color video intercom, ensuring high standards of comfort and energy efficiency.
Strategic location, with quick access to the VCI, close to Praça Francisco Sá Carneiro (Praça Velasquez), Hospital de São João, University Campus, Estádio do Dragão metro station, and just a 5-minute walk from Colégio Internacional Júlio Dinis.
Estimated completion date: June 2026.
Amenities
Included with Numeralis — free
- Full data access — comparable, structured, independent
- In-house guidance — agency, lawyer, mortgage partner routing
- Notary + registry handled at closing (~€1,000 value)
€/m² vs. peer median
+46.0% vs. 4,110€/m²
Priced above peers — verify the premium. Priced above peers — verify finishes & positioning justify it.
Varandas do Covelo
2,193€/m² -46.6%
Edifício Zeca Afonso
2,458€/m² -40.2%
Monsanto Lofts
3,129€/m² -23.9%
Privilege Gardens
3,360€/m² -18.2%
Oporto Luxury Residences
3,459€/m² -15.8%
The Studios Paranhos
3,583€/m² -12.8%
Edifício na Areosa
4,056€/m² -1.3%
Monsanto 705
4,067€/m² -1.0%
Oporto Plaza
4,099€/m² -0.3%
Edifício Rua 9 de Abril
4,112€/m² +0.1%
Monte Pedral
4,148€/m² +0.9%
Vintage Garden
4,232€/m² +3.0%
Boss Gardens
4,347€/m² +5.8%
Prestige Living – Costa Cabral
4,465€/m² +8.6%
Boss Gardens
4,538€/m² +10.4%
Júlio de Matos
5,035€/m² +22.5%
The Avenue
5,192€/m² +26.3%
Visconde 320
5,214€/m² +26.9%
Laetitia Living
5,408€/m² +31.6%
Local supply
This project has 3 unit total — 0.7% of all new dwellings licensed in the area.
- Studio/1BR 307 zone 0 here —
- 2BR 94 zone 3 here 3.2%
- 3BR 48 zone 0 here —
- 4+BR 1 zone 0 here —
Location & neighbourhood
Paranhos, Porto
Open in Google MapsAsk about the area
Tap a question to see the answer — sourced from Google Places & Routes for this project's exact coordinates.
Units
3 units · 3 available (100%) · €5,833–7,333/m²
| Typology | Floor | Area | Price | €/m² | Plan | Status |
|---|---|---|---|---|---|---|
| 2BR | 2 | 60 m² | €360,000 | €6,000 |
|
Available |
| 2BR | 0 | 60 m² | €440,000 | €7,333 |
|
Available |
| 2BR | 1 | 60 m² | €350,000 | €5,833 |
|
Available |
Mortgage Simulator
Default: cheapest of 3 units — drag for larger units in this project
Portugal national rate · 2026-05-31
Estimated monthly payment
on a loan
Financing
- Property price
- Down payment · 20%
- Loan amount
One-off costs at purchase
- IMT
- 26,250€
- Stamp duty (IS)
- 2,800€
- Notary & registry
- Free with Numeralis 1,000€
Estimated monthly rent
706€
INE Paranhos · 2024
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