Urban Plot With Approved Pip For Sale In Paranhos, Porto

In Paranhos, Porto, urban plot with a house to be demolished, two street frontages and an approved PIP for the construction of a building with 494 sqm of gross built area, just 7 minutes from the University Campus.

The property corresponds to an urban plot with a total land area of 230 sqm, on which a house to be demolished is situated, with 100 sqm of gross built area. The existing house is arranged over two floors and has two street frontages.

The plot offers development potential, with an approved PIP and a construction capacity of 494 sqm. It also benefits from outdoor land and good sun exposure, elements that complement the property’s urban setting.

Located in a residential area well served by amenities and services, the property benefits from good access to the motorway, VCI and Circunvalação. It is 7 minutes from the A20, 8 minutes from the VCI, 9 minutes from the A3 and 12 minutes from Circunvalação.

Features:

Approved PIP for 494 sqm
230 sqm plot
House to be demolished
Two street frontages
Two floors
Good sun exposure
Residential area with services
Good road access

An investment opportunity in Paranhos, offering development potential and proximity to the University Campus and the main access routes.

Paranhos is a large parish, known as the parish of knowledge due to being home to most of Porto’s universities and faculties, while still preserving popular traditions and long-standing customs. Its rapid growth developed around the well-known Parish Church of Paranhos, creating an urban parish characterised by large residential and institutional buildings. Nearby, there are leisure areas such as Jardim de Arca d’Água and Quinta do Covelo, Constitution swimming pools, supermarkets, services, restaurants and Santa Maria Hospital. The area is also home to renowned schools such as Colégio Luso Francês and benefits from excellent access to the main road networks (VCI/Circunvalação), being just a few minutes from the Boavista and Campo Alegre areas.
Energy Rating: In progress
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