Full Building Renovation Project with complete planning approval in Downtown Porto
€ 875,000£ 772,315$ 1,043,395
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Porto, Porto & The Green Coast
Ownership Status: Developer
Built in: n/a
398m2 Build size
€ 2,198£ 1,940$ 2,621
/ m2 build
402m2 Plot size
€ 2,177£ 1,921$ 2,595
/ m2 plot
This is a fabulous building up for sale on the busiest high street in Porto with full planning already approved by the city hall - Rua de Santa Catarina
The project has architectural plans and designs for 5 apartments and 1 large ground floor commercial unit comprising of 4 self contained studio apartments and 1 magnificent top floor 1 Bedroom Penthouse.
Location is key here and the retail unit will provide a fantastic rental income while the apartments will be perfect for the short term rental market.
As all the plans are fully taken care of and approved means that all the hard work of the submittal process is removed allowing the investor to focus fully on the main task at hand - the renovation.
Santa Catarina is one of the most sought after areas of downtown Porto, a stone's throw away from the Majestic Cafe and Rolex Shop. Close to the Bolhao Market which itself is undertaking a huge renewal process and will be ready in 2020. All the major high street brands fight over spaces here. Great restaurants and cafes make this very popular with tourists and locals alike. Enjoy all Porto has to offer.
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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