Land With Approved Project And Douro Views | Por

Real estate development opportunity on Rua da Corticeira, in Fontainhas, comprising 1,764 m² of land, an approved architectural project and 1,377 m² of proposed construction area.

The sale includes two urban property titles and comprises a residential project for 22 units, distributed across 7 studios, 6 one-bedroom apartments, 3 two-bedroom apartments and 6 studio units integrated into a concept with shared areas.

For investors, developers and construction companies, the main value of this asset lies in starting from an already approved architectural programme, with the building footprint, areas and unit mix already defined, allowing for a more objective assessment of the development potential.

The project proposes a contemporary interpretation of Porto’s traditional ’ilhas’ urban morphology, creating a residential development with its own identity and a strong connection to the surrounding area.

The location is another key differentiating factor. Set on the Fontainhas hillside, the land benefits from views over the Douro River and, from a large part of the property, four of the city’s bridges are visible.

THE ESSENTIALS ABOUT THE ASSET
Location: Bairro Maria Vitorina - Fontainhas - Porto
Total land area: 1,764 m²
Total proposed construction area under the approved project: 1,377 m²
Building area: 1,196 m²
Proposed building footprint: 731.35 m²
Impermeable area: 1,329 m²
Approved architectural project
22 proposed units
o 7 studios
o 6 one-bedroom apartments
o 3 two-bedroom apartments
o 6 studio units with shared areas
Joint sale of two property titles
Existing structures are mostly in poor condition or in ruins
Views over the Douro River, with visibility towards four bridges

Note: an architectural project has been approved.

Located in one of Porto’s historic areas, the land extends between Rua da Corticeira and the hillside facing the Douro, within an urban setting characterised by regeneration, transformation and a strong local identity.

An asset aimed at those looking to develop a real estate project in Porto from an already defined architectural basis, combining investment scale, location and differentiation of the future product.

Contact us to review the project and the available documentation.
Energy Rating: Exempt
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