A Building With Spectacular Views Over The Douro, In Massarelos, Porto

Discover this magnificent building set in surroundings of irresistible charm, in the prime location for investment or residential use, right opposite Cais das Pedras on the Douro, boasting breathtaking panoramic views of the south bank of the river and Gaia, with easy access by tram and motorway (Cais das Pedras Viaduct, VCI and Arrábida Bridge), with all kinds of amenities nearby, including restaurants, a supermarket, a heliport and a jetty, as well as a variety of cultural and tourist attractions such as the Jardim do Palácio de Cristal, museums, the Superbock Arena, etc.

This building comprises a 241m² concrete structure spread over a basement, ground floor and two upper floors, with potential to add a further one or two floors depending on the alignment of the adjacent building; an extension of one further floor was already approved by Porto City Council in the 1970s.

The property comprises:
- Basement and ground floor for commercial use, let for €1,200 until 2030.
- 1st floor: one-bedroom flat, let for €600 until 2027.
- First floor: one-bedroom flat, let for €239.50 on a life annuity basis to an octogenarian couple.

Don’t miss the opportunity to view this property; it is an investment offering a guaranteed return and significant appreciation. Please do not hesitate to contact us for further information.