Building For Rehabilitation With Approved Project, Baixa Porto

Building for rehabilitation with approved project in the Historic Center of Porto. Investment opportunity in one of the most emblematic and sought-after areas of the historic centre of Porto, a few steps from Ribeira, Palácio da Bolsa and the Douro River waterfront. This building benefits from an approved project for rehabilitation and transformation into five housing units and a commercial space, allowing the immediate start of the work and significantly reducing the deadlines usually associated with the development of a project of this nature. The project includes: 1 T2 flat; 3 T1 apartments; 1 T0 flat; 1 commercial space on the ground floor. Inserted in one of the areas with the highest tourist, residential and commercial demand in the city, this asset brings together characteristics that are increasingly difficult to find in the market: prime location, approved project, adequate scale for private investors and strong potential for appreciation. The surroundings combine historical heritage, restaurants, hotels, traditional commerce, services and an intense urban dynamic, attracting both national and international residents and visitors throughout the year. The proximity to the Douro River, the Ribeira area and the main points of interest in the city reinforces the attractiveness and future liquidity of the investment. The approved typological mix was designed to respond to the growing demand for small and medium-sized apartments in the centre of Porto, allowing different exploitation strategies, either through the individual sale of fractions after completion of the work, long-term residential lease or corporate lease. With an approved project and completed licensing, this is an investment that combines security, speed of execution and potential return in one of the most solid and valued locations in the Porto real estate market. A rare opportunity for investors and developers looking to acquire a differentiated, ready-to-develop asset in the heart of the city. Don’t miss this opportunity, book your visit now (ref IN-VC5N2U)