Building in Historic Porto - Project Fully Approved - Miragaia
€ 432,000£ 381,303$ 515,139
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Porto, Porto & The Green Coast
Ownership Status: Private
Built in: n/a
240m2 Build size
€ 1,800£ 1,588$ 2,146
/ m2 build
304m2 Plot size
€ 1,421£ 1,254$ 1,694
/ m2 plot
This is a magnificent project in the historical centre of Porto. This three story building has the potential to be transformed into five apartments.
A project for five apartments has been fully approved by the city hall. On the ground floor you have a generous hallway and stairs that lead up to the other floors. Two studios and a duplex one bedroom apartment can be created, with access to their own private balconies. The top floor apartment enjoys river views. At the back of the building, two more apartments can be developed. One fabulous three bedroom apartment with a 110sqm large city garden and 27 sqm patio. This apartment has a private entrance. And a second, one bedroom duplex apartment with terrace.
All of the apartments are ideal for short term rental while the two larger apartments make perfect residential apartments as well.
About the neighbourhood
Miragaia, next to the river, has one of the oldest churches, Igreja São Pedro de Miragaia, of the city. The historic neighbourhood has the key characteristics of sinuous alleys and higgledy-piggledy houses with their distinctive azulejos (tiles).Close to the park, Jardim das Virtudes, a local's favourite to enjoy the beautiful sunsets of Porto.
Projects in this area come with multiple tax benefits and this fully approved project is ready to go!
Porto is the 2nd largest city in Portugal based on its population; located in the North of the country, it is the city where Portugal’s name comes from. Porto’s name around 2200 years ago was Portus Cale that became Condado Portucalense later.
It’s a city known worldly for its wines, its contemporary and antique architecture, its historical centre as well as its football team, the Porto University (among the best 100 European universities), for the high quality service in its health centres and for its restaurants and gastronomy.
Porto was classified as World Patrimony by UNESCO.
Don’t miss Vila Nova de Gaia with its many tapas and port wine places, chocolate shops and River Douro trips! Visit the São Bento rail station, church of Santa Clara, Café Majestic, Chapel of Souls (Almas), Portuguese Centre for Photography, the gardens of Palácio de Cristal, Dom Luis I bridge, Casa da Música (Music house) and so much more!
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