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Porto, Porto

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Stand, Porto, Porto 4 200 000 € Ref: 25.25/052
932 m²
EXCLUSIVE ON THE MARKET
INVESTORS/ DEVELOPERS/ BUILDERS

EXCELLENT OPPORTUNITY FOR HOTEL OR RESIDENTIAL BUILDING
Located in Bonfim, in the parish of Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau, and Vitória, in the municipality of Porto and district of Porto.
Set of 7 vacant houses ready for renovation, on an island (3 three-bedroom and 4 two-bedroom) + Operating hotel with 21 rooms, with potential for residential development in a consolidated urban area.

Composition of the units:
House 1: 3 bedrooms | Gross Private Area (GPA): 67.45 m²
House 2: 3 bedrooms | GPA: 63.09 m²
House 3: 3 bedrooms | GPA: 74.55 m²
House 4: 2 bedrooms | GPA: 51.48 m²
House 5: 2 bedrooms | GPA: 51.48 m²
House 6: 2 bedrooms | GPA: 51.48 m²
House 7: 2 bedrooms | GPA: 51.48 m²
All units share a common courtyard.

The asset has a previous project, only for the 7 vacant houses (currently expired), for the construction of 15 studio apartments and 20 parking spaces, which demonstrates the viability of a future redevelopment project with a strong residential and profitability component.

The land will be sold in its entirety: vacant houses and hotel. The hotel can be converted into a residential building.

The location is one of the great attractions of this property. The asset is located in an area with growing real estate value, good access, and proximity to shops, transportation, and services.

Contact us for additional information.
Property Type Stand
Typology 0 Bedrooms
Objective Sell
Condition To be recovered
Price 4 200 000 €
Year of Construction N/A
Country Portugal
District Porto
County Porto
Parish Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória
Zone N/A
Private Boavista
Private Boavista
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