Building T17 for sale in Porto

Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória
3 700 000 €Sale
id. 123571200-222
1004
17 Bedrooms
2 WC

Description

Investment Opportunity – Building | Porto Historic Centre Rare investment opportunity in the heart of Porto’s historic centre, located in one of the city’s highest pedestrian and tourist flow areas. This asset combines current income, an approved hotel project, and strong value-add potential , positioning itself as an ideal opportunity for investors focused on hospitality, serviced apartments, or short-term rental operations. Prime Location Strategic central axis connecting: Ribeira / Douro riverfront São Bento Station Aliados / Clérigos Rua das Flores Area characterized by: high year-round tourist flow strong demand for hospitality and short-term accommodation excellent commercial visibility 👉 One of the most liquid and sought-after areas in Porto for hospitality investment. Property Characteristics Total licensed area: 1,004 m² Building footprint: ~266 m² Plot area: ~301 m² Current configuration: 7 operating short-term rental units 1 commercial unit vacant rear building with development potential Approved Hotel Project The property benefits from an approved architectural project for hospitality use , offering significant flexibility for repositioning into a premium concept. Project includes: hotel / aparthotel configuration potential restaurant / café component interior patio (rare feature in this area) rooftop sun terrace with strong potential 👉 Existing structure in place → works mainly consist of adaptation 👉 Main intervention focused on the rear building Investment Highlights Prime historic centre location Existing income-producing asset Approved hospitality use Flexibility to reposition into higher-end concept Strong demand fundamentals in Porto tourism market 👉 a hospitality project with clear repositioning potential 👉 an income-producing asset 👉 a value-add investment opportunity 👉 located in one of the strongest tourism corridors in Porto

Details

Gross Area m²
1004
Total Lot Area m²
- -
Living Area m²
1004
Bedrooms
17
Year of Construction
2012
WC/Bathrooms
2
Elevator
No
Parking
No
Electric Car Charging
No

Map

Rooms

Kitchen
Bedroom
Bedroom
Bedroom
Bedroom
Bedroom
Bedroom
Bedroom
Bedroom
Bedroom
Bedroom
Bedroom
Bedroom
Bedroom
Bedroom
Bedroom
Bedroom
Bedroom
Living Room

Contact Agent

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

Mortgage Calculator

Property value3 700 000
Down Payment
370 00010%
Amortization Period:30 years
Monthly Payment (*)14 953,19

(*) 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