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Fantastic Investment Building With Approved Project - Praça do Marques, Porto

€ 350,000 £ 300,792 $ 424,643

-9%

Date From To +/-

21-06-2019 € 400,000 € 370,000 -8%

05-09-2019 € 370,000 € 365,000 -1%

Overall price change -9%

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Key information

Reference: PP3525

Townhouse

Porto, Porto & The Green Coast

Ownership Status: Company

Built in: n/a

240m² Build size

€ 1,458 £ 1,253 $ 1,768 / m² build

118m² Plot size

€ 2,966 £ 2,549 $ 3,598 / 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!

Features

Near bars / restaurants
Near school(s)
Near shops

Key information

Reference: PP3525

Townhouse

Porto, Porto & The Green Coast

Ownership Status: Company

Built in: n/a

240m² Build size

€ 1,458 £ 1,253 $ 1,768 / m² build

118m² Plot size

€ 2,966 £ 2,549 $ 3,598 / 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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Your offer is now with the Portugal Property team. If you checked the box to say that you wish to be contacted, we will do so within 24 hours. If you have any questions, feel free to contact us.