28 July 2020 – Work on Porto’s latest residential development, the Panorâmico Poente, in Campo Alegre, is heading towards completion next month. The project consists of 11 flats, each of which will have direct access from the street, via the Via Panorâmica Edgar Cardoso, and a parking area. The 4-flour building has five four-bedroom, five three-bedroom, all of which are duplexes, and one one-bedroom flat. The impressive flats also offer sweeping views of the Douro river.
The developer, Imolimit, has mandated the firms Engel & Völkers and Predibisa Real Estate to market the properties, 50% of which have already been sold for an average price per square meter below €4.500. At that level, the 64-m2 one-bedroom flat would sell for 275,000 euros, while the 230-m2 four-bedroom duplex would go for 1,175,000 euros.
Original Story: Idealista – Elisabete Soares
Translation/Summary: Richard D. Turner