Two Storey Commercial Area Right Next to Porto's Main Touristic Scene!
€ 640,000£ 564,893$ 763,169
08-07-2020€ 800,000€ 640,000-20%
Overall price change-20%
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Porto, Porto & The Green Coast
Built in: 2021
227m2 Build size
€ 2,819£ 2,488$ 3,361
/ m2 build
In the heart of the historic downtown area of Porto lies this hidden gem of a building perfectly located between Rua das Flores and Mouzinho da Silveira.
This 18th-century building, where the Portuguese painter and Barbizon School acclaimed follower, António Carvalho de Silva Porto (1850-1893) lived, will be completely renovated. The aim is to create a harmonious fusion of historic façade and ambience with modern apartments.
In this amazing building, we have a grand commercial area that spans two floors and a garden. This offers THE opportunity for a large restaurant, spacious shop, an art gallery as a homage to Silva Porto, or any other commercial start-up that will benefit from the ideal location.
With an FDI rate growing steadily over the past 10 years at an average annual rate of 9.1% and Porto's growing tourist appeal and urban prosperity have been catching the interest from all over the world. From both domestic and foreign demand, have been pushing purchase and rental values around town, particularly in its touristic areas, making it a popular destiny for investors worldwide.