Here we have a unique investment opportunity to refurbish a building in the Unesco World Heritage city of Porto.
Porto is a coastal city known for its stately bridges and port wine production. In the medieval Ribeira (riverside) district, narrow cobbled streets wind past merchants’ houses and cafes.
This is a 5 storey building (+ basement) with the license to add one further floor to the structure.
The architectural plans have been approved to refurbish this building into 8 luxury apartments plus a large shop on the ground floor and the semi-basement.
2 x Spacious 3 bedroom apartments
3 x Studios
3 x 2 Bed apartments.
The building is currently open plan and has an elevator.
Just a minutes walk from Sao Bento train station and Aliados, in the heart of the city, a sloping boulevard lined with grand buildings and a central promenade.
Great location! These will be very saleable as future owners of the apartments will be able to visit Braga, the religious centre of Portugal, Guimarães the historic birthplace of Portugal, Aveiro a charming canal town or a cruise along the Douro River to the heart of the vineyard growing region.
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?
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