Fantastic Investment Building With Approved Project - Praça do Marques, Porto
€ 350,000£ 308,926$ 417,358
21-06-2019€ 400,000€ 370,000-8%
05-09-2019€ 370,000€ 365,000-1%
Overall price change-9%
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Porto, Porto & The Green Coast
Ownership Status: Company
Built in: n/a
240m2 Build size
€ 1,458£ 1,286$ 1,738
/ m2 build
118m2 Plot size
€ 2,966£ 2,617$ 3,536
/ m2 plot
Now with an approved project, this property is ready to be turned into a fully-refurbished buliding with guarenteed returns. It's located just three minutes away from Marques metro station, in an excellent part of the city. It is also located inside a designated rehabilitation zone, and outside of the rental restriction areas downtown. This means tax benefits on construction and rental options without limit.
The project will turn this two-story building into a four-story building with four T2 bedroom apartments. The groundfloor apartment comes with a garden. The total area will expand to 380 square metres, and the renovations will make this builiding increase in value quickly.
Very well connected to the city by foot (10-minute walk to the downtown) and all the local amenities at your disposal.
Please contact us to learn more and book your viewing!
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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