Matosinhos Terraced House

HISTORIC CENTER OF MATOSINHOS — PROPERTY FOR REHABILITATION WITH 222 M² + OUTDOOR SPACE AND GARAGE POTENTIAL

Situated in the heart of the Historic Center of Matosinhos, a 3-minute walk from Brito Capelo metro station and 10 minutes from Matosinhos Beach, this pre-1951 building stands out for its spaciousness, excellent sun exposure (South, East and West) and enormous transformation potential.

This is an ideal opportunity for investors or individuals seeking to develop a customized rehabilitation project in one of the most dynamic cities in Greater Porto.

Key Features
Habitable Area: 222 m² distributed across 2 floors.

Outdoor Space: Private courtyard/terrace of 164 m², offering excellent sun exposure throughout the day and outdoor leisure area.

Tax Benefits (ARU Zone): Located in the Urban Rehabilitation Area (ARU) of Matosinhos Centro, allowing access to tax incentives and reduced rates associated with urban rehabilitation (e.g., reduced VAT rate on construction work, IMT and IMI exemptions/reductions, subject to approval by competent authorities).

Rehabilitation Potential and Architectural Project
The property requires deep rehabilitation intervention (structural, technical systems and finishes), constituting a ”blank canvas” with unique value-enhancement opportunities:

Volumetric Reconfiguration of Floors: The ground floor currently has a ceiling height of 1.90 m and the 1st floor of 3.00 m, allowing consideration of a new floor distribution to balance the ceiling height of both floors and optimize habitability conditions.

Private Garage Possibility: Preservation of the main street facade architecture is required by the historic location, but there is viability to consider opening a garage door on the front facade for at least 1 vehicle.

Rear Extension: Potential to expand the built area on the land/courtyard (as seen in neighboring buildings on the same street front).

Note: All structural, volumetric, facade and expansion alterations require validation and licensing from the Municipal Services of Matosinhos City Council.

Current State and Planned Intervention
Structure and Roof: Requires a new floor slab on the 1st floor (and possibly on the roof), as well as complete review/reconstruction of the roof.

Specialties: Requires complete renewal of drinking water infrastructure, sanitation, electrical installation, as well as windows/frames, doors and thermal/acoustic insulation (facades, floor and roof).

Nearby Location and Accessibility
Transport: Brito Capelo Metro 300 m | Matosinhos Sul Metro 700 m | Francisco Sá Carneiro Airport 10 km.

Leisure and Services: Matosinhos Beach 10 min walk | Basílio Teles Leisure Park and City Council 700 m | Local shops, renowned restaurants, schools and kindergartens within a 1 km radius.

For more information, property documentation consultation or to schedule a site visit, please get in touch.

My name is Joaquim Fernandes and I am an independent real estate consultant with iad. I am qualified to guide you through the entire acquisition process of your new real estate project. For your convenience, in addition to Portuguese, I can communicate with you in English, French or Spanish.

THE SUCCESS JOURNEY OF iad
Founded in France in May 2008 by Malik Benrejdal, Jérôme Chabin and Sébastien Caille, iad is today the largest network of real estate consultants in the country, with thousands of consultants spread across French territory. It was in a garage that the desire was born to create a completely innovative real estate network, with the objective of closely accompanying clients who wish to sell, rent or acquire a property, guaranteeing unparalleled online exposure and, at the same time, revaluing the profession of real estate consultant.
The iad concept is thus based on three fundamental pillars:
- Real Estate: the founders of iad France are all from the real estate sector;
- The Web: dematerialize agencies to propose a more competitive service to clients and provide an optimized work environment for consultants;
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In June 2015, iad took its first steps in its internationalization with the birth of iad Portugal. Vincent Morin is the company president, sharing management with three other real estate specialists who have been part of iad France since its foundation: Bryan Longet, Tony Ferreira (Portuguese-descendant) and Kader Mouloudji. Among the founders of iad Portugal are Pedro Pimenta, an entrepreneur recognized for over a decade for his success in the new technologies sector, and Joel Pereira, who is currently recognized in France as one of the best ROCs of his generation. Six brilliant minds who came together to bring this innovative project to Portugal, which has since experienced absolutely remarkable growth.
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