Building for sale in Porto

Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória
1 950 000 €Sale
id. 127351002-4
652

Description

Building near Santa Catarina St: Approved Project with Premium Commercial Component A strategic opportunity for developers seeking a mixed-use asset in the epicenter of Porto’s retail district. Commercial Anchor: The ground floor and lower level are designed for high-yield retail. Located in an area with a constant flow of tourists and locals, it is ideal for flagship stores or concept dining. Space Maximization: Approved project for 6 floors (833 sqm of total construction). The inclusion of a functional lower level allows for the optimization of sales or storage areas without compromising the residential floors. Structural Advantage: A concrete-frame building that facilitates commercial space customization (wider spans and fewer pillars) and the installation of a modern elevator system. Tax Incentives: Benefit from a reduced 6% VAT rate on renovation works, along with IMT (Property Transfer Tax) and IMI (Municipal Property Tax) exemptions, as the property is located within an Urban Rehabilitation Area (ARU).

Details

Gross Area m²
652
Total Lot Area m²
163
Living Area m²
652
Year of Construction
1963
Elevator
Yes
Parking
No
Electric Car Charging
No

Map

Rooms

Kitchen
Bedroom
Living Room
Elevator

Contact Agent

RE/MAX Extra
RE/MAX Extra
Real Estate Consultant
+351 962 552 222 · National mobile

Mortgage Calculator

Property value1 950 000
Down Payment
195 00010%
Amortization Period:30 years
Monthly Payment (*)7880,73

(*) The monthly payment shown is a reference value, based on a variable rate (6-month Euribor), and does not replace a more complete and detailed financial analysis!

The information resulting from these simulations is merely indicative, intended to guide the estimated cost, according to the data provided by the user. Each financial institution has its own financing policies and conditions, and is not bound by the results of this simulation.

RE/MAX Extra
RE/MAX Extra
Real Estate Consultant