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Investment and Renovation Opportunity in the Heart of Porto

USD 1,465,499

Multi-family home (For sale)

lot 7,815 sqft
Reference: IYAT-T1761 / 592230
Located in Porto.
This three-story building, located in one of Porto’s most sought-after areas, presents an excellent investment and development opportunity. With a land area of 726m² and a gross building area of 720m², the property offers great potential for a renovation project that maximizes its prime location.The proposal includes the possibility of renovating and transforming the building into 4 modern studio apartments (T0), ideal for short or long-term rental, along with a commercial space on the ground floor, perfect for a local business with high visibility.With its proximity to public transportation, services, restaurants and tourist attractions, this property is an excellent choice for those looking to invest in Porto’s historic center, taking advantage of the city's growing real estate market.Don’t miss this unique opportunity to acquire a property with huge potential.
View more View less Este edifício de três andares, localizado numa das zonas mais procuradas do Porto, apresenta uma excelente oportunidade de investimento e desenvolvimento. Com uma área de terreno de 726m² e uma área bruta de construção de 720m², o imóvel oferece um grande potencial para a criação de um projeto de reabilitação que valorize a sua localização privilegiada.A proposta inclui a possibilidade de remodelação e transformação do edifício em 4 modernos apartamentos T0, ideais para arrendamento de curta ou longa duração, além de uma loja comercial no rés-do-chão, perfeita para um negócio local com grande visibilidade.Com a sua proximidade a transportes públicos, serviços, restaurantes e atrações turísticas, este imóvel tem tudo para ser uma excelente opção para quem quer investir no centro histórico do Porto, aproveitando o crescente mercado imobiliário da cidade.Não perca esta oportunidade única de adquirir um imóvel com enorme potencial. Located in Porto.
This three-story building, located in one of Porto’s most sought-after areas, presents an excellent investment and development opportunity. With a land area of 726m² and a gross building area of 720m², the property offers great potential for a renovation project that maximizes its prime location.The proposal includes the possibility of renovating and transforming the building into 4 modern studio apartments (T0), ideal for short or long-term rental, along with a commercial space on the ground floor, perfect for a local business with high visibility.With its proximity to public transportation, services, restaurants and tourist attractions, this property is an excellent choice for those looking to invest in Porto’s historic center, taking advantage of the city's growing real estate market.Don’t miss this unique opportunity to acquire a property with huge potential.
Reference: IYAT-T1761
Country: PT
City: Porto
Category: Residential
Listing type: For sale
Property type: Multi-family home
Lot size: 7,815 sqft

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SALE PRICE PER SQFT IN PORTO

Average sale price per sqft
Oct 2023
3 months
1 year
House
USD 375
-0.7%
+3.8%
Apartment
USD 423
-0.4%
+8.2%
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AVERAGE HOME VALUES IN PORTO

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REAL ESTATE PRICE PER SQFT IN NEARBY CITIES

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