Full Building Renovation Project in the historical centre of Porto
€ 1,080,000£ 953,257$ 1,287,848
Write a note
Porto, Porto & The Green Coast
Ownership Status: Private
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.
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!
Want to know more about this property?
Speak to anyone in our team and we will be happy to help. Send your enquiry through now.