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Full Building Renovation Project in the historical centre of Porto

€ 1,080,000 £ 953,257 $ 1,287,848

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Key information

Reference: PPSS4377

Townhouse

Porto, Porto & The Green Coast

Ownership Status:

Built in: n/a

466m² Build size

€ 2,318 £ 2,045 $ 2,764 / m² build

466m² Plot size

€ 2,318 £ 2,045 $ 2,764 / m² plot

This is an incredible development opportunity! Located in the outstanding historical centre of Porto where buildings to be developed is a rare find. The building was built in the 17th century and displays beautiful periodic characteristics of that era. It is a four-story building built from strong granite blocks and has views of the Douro River in an area rich with history. Also at ground level, there is a large garage capable of parking four to five cars.

The building overlooks Alfandega, the Port Convention Centre (the former Port Custom house). Being placed just a short walk from Ribeira and the World of Discoveries, you are as good as guaranteed an excellent income from short term rentals. This building would make a perfect guesthouse, boutique hotel or short term rental apartments.

Features

Garage
Parking
Character property
Features great views
On the waterfront
Morning sun
Evening sun
Near bars / restaurants
Near shops

Key information

Reference: PPSS4377

Townhouse

Porto, Porto & The Green Coast

Ownership Status:

Built in: n/a

466m² Build size

€ 2,318 £ 2,045 $ 2,764 / m² build

466m² Plot size

€ 2,318 £ 2,045 $ 2,764 / m² plot

The location: Porto, Porto & The Green Coast

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.

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Ask the Expert: Currency Exchange

Sarah Monaghan is a foreign currency exchange specialist working for Smart Currency Exchange in Portugal. If you have a question relating to foreign currency exchange, complete the form below and Sarah will get back to you.

Ask the Expert: Mortgages

Mario is a mortgage expert working for Quinta Finance in Portugal. If you have a question relating to mortgages, complete the form below and Mario will get back to you.

Ask the Expert: Property Law

Francisco Salgueiro is a property law expert working for Edge International Lawyers in Portugal. If you have a question relating to Portuguese property law, complete the form below and Francisco will get back to you.