Marquesa Palace

Under Construction

Porto, Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória

Listed 1 month ago Delivery Q2 2024
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Marquesa Palace

About

Apartments located in a late 15th century Palace which began its renovation in July 2022 and is expected to be completed in the third quarter of 2024. It is located next to the famous Sé and the S. Benedict. The building has a city view. The project consists of 16 residential units, most of which will have a lockoff concept, where the customer actually buys one unit, but has two apartments. The rehabilitation of the property provides for a completely new structure, which will have a 10-year construction guarantee and 5 years for the rest of the building. The building will have an elevator, and all apartments will be equipped with AC, double-glazed frames, Bosch appliances and high quality materials.

We will provide a guaranteed income option through integrated management which I will describe below: • Furniture; • Condominium; • Electricity; • Water; • Safe; • Licenses; • Maintenance.

All the expenses mentioned above will always be the responsibility of the management company, which will still have to provide a guaranteed return of 3% per year through a 5 year lease.

Regarding the method of payment for the apartment, it is processed as follows: • Reservation with €10,000; • After 30 days of signing the reservation, signing the CPCV with 25% of the value of the deal; • When the work reaches 50% of construction, payment of a 25% tranche; • When the work reaches 75% of construction, payment of a 25% tranche; • When the work is finished, payment of the remainder.

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Price / m²
€4,094 – €4,281
Price Range
€479k – €518k
Area Range
117 – 121 m²
Units
2 / 16

Amenities

Balcony Air Conditioning
Sold by

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  • Notary + registry handled at closing (~€1,000 value)

€/m² vs. peer median

-30.5% vs. 6,026€/m²

Priced below peers — competitive for the area.

Monte Cativo Urban Lofts

2,809€/m² -53.4%

9 de Julho Residences

3,567€/m² -40.8%

Damião de Góis Premium Residence

3,867€/m² -35.8%

Barros Lima 793

3,889€/m² -35.5%

Boavista Prestige

4,000€/m² -33.6%

Royal Santa Catarina

4,073€/m² -32.4%

Ferro 188

4,167€/m² -30.9%

Boavista 2

4,272€/m² -29.1%

Jardins do Marquês

4,320€/m² -28.3%

Camões 800

4,323€/m² -28.3%

Fábrica Vilar

4,354€/m² -27.7%

Vila Marques

4,452€/m² -26.1%

Palácio Bijou

4,669€/m² -22.5%

Brito Capelo 76

4,968€/m² -17.6%

Mártires da Liberdade

5,000€/m² -17.0%

Egas Moniz 209

5,000€/m² -17.0%

Life in Porto

5,004€/m² -17.0%

Urban Zambeze

5,204€/m² -13.6%

Padre Cruz 64

5,246€/m² -12.9%

Aulder's Ayres Gouveia

5,355€/m² -11.1%

Royal Cedofeita

5,435€/m² -9.8%

OAK

5,560€/m² -7.7%

Liberdade Flats

5,745€/m² -4.7%

Mártires da Liberdade 185

5,813€/m² -3.5%

Alvares Cabral 91

5,919€/m² -1.8%

Royal Almada

5,932€/m² -1.6%

Empreendimento em Cedofeita (genérico)

5,983€/m² -0.7%

Cedofeita 497

5,983€/m² -0.7%

Cedofeita 271

6,040€/m² +0.2%

Rua do Bonjardim 362

6,107€/m² +1.3%

Taipas Residence

6,133€/m² +1.8%

Porta Art Square

6,234€/m² +3.5%

Alfândega 80

6,296€/m² +4.5%

Fábrica 40

6,316€/m² +4.8%

Comércio Do Porto

6,316€/m² +4.8%

Bonjardim

6,329€/m² +5.0%

Almada 451

6,346€/m² +5.3%

Edifício Praça

6,679€/m² +10.8%

Porto Art Square

7,000€/m² +16.2%

Sá da Bandeira 31

7,469€/m² +24.0%

797 Fernandes Thomaz

7,500€/m² +24.5%

Companhia Aurifícia

7,528€/m² +24.9%

Matsu Porto

8,491€/m² +40.9%

Median = pooled unit prices from 43 tracked new-build projects in Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória. Hover any dot for details. Source: INE rolling 12-month transaction prices for Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória. Hover the chart for details.

Local supply

408 new dwellings licensed · Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 2024

This project has 2 unit total — 0.5% of all new dwellings licensed in the area.

  • Studio/1BR 287 zone 2 here 0.7%
  • 2BR 85 zone 0 here
  • 3BR 33 zone 0 here
  • 4+BR 3 zone 0 here

Location & neighbourhood

Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória, Porto

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Independent guidance
Second opinion on this project?
Numeralis is free. Our in-house team gives you independent guidance, visits the property to run on-site quality control, and covers notary and registry when you close (~€1,000 value).

Units

2 units · 2 available (100%) · €4,094–4,281/m²

NMR-0098-001
Available
Price €479,000
Area 117 m²
€/m² €4,094
Bed / Bath 1 / 2
NMR-0098-002
Available
Price €518,000
Area 121 m²
€/m² €4,281
Bed / Bath 1 / 2

Mortgage Simulator

Default: cheapest of 2 units — drag for larger units in this project

Your case
% ·
%

Portugal national rate · 2026-05-31

years

Estimated monthly payment

on a loan

Financing

Property price
Down payment · 20%
Loan amount

One-off costs at purchase

IMT
35,925€
Stamp duty (IS)
3,832€
Notary & registry
Free with Numeralis 1,000€

Estimated monthly rent

1,023€

INE Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 2024

Not sure which regime applies? Talk to our tax team.

Financing partner Caixa Geral de Depósitos

Estimates only. Excludes life insurance.

Numeralis

Data-driven insights for off-plan real estate investors.

Numeralis is a Portuguese real estate data platform. We aggregate listings from licensed agencies and contextualise them with public data from INE, Pordata, and Banco de Portugal. The information provided on this platform is for general informational purposes only and does not constitute financial, legal, or investment advice. Past performance is not indicative of future results. All investment decisions should be made with the guidance of a qualified professional. Numeralis does not guarantee the accuracy, completeness, or timeliness of any data presented.

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