$1,614,605

Building For Reconstruction In Praça Da República, Porto

  • 8,009 Sqft
  • 4,468 Sqft lot
  • Updated: May 28
  • 1
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About the Property

Building for Redevelopment in Praça da República, Porto
Building for redevelopment facing the recently renovated Praça da República Garden, located within an Urban Rehabilitation Area, with approved prior information request in 2025 for a 744 sqm project across six floors. This asset represents a solid opportunity for residential development with a commercial component, in one of Porto’s most c
Building for Redevelopment in Praça da República, Porto
Building for redevelopment facing the recently renovated Praça da República Garden, located within an Urban Rehabilitation Area, with approved prior information request in 2025 for a 744 sqm project across six floors. This asset represents a solid opportunity for residential development with a commercial component, in one of Porto’s most central and sought-after locations.

Property layout and features
  • The scheme outlined in the approved project includes a mix of residential units and a retail space, enhancing both the asset’s versatility and its urban integration.
  • The residential component comprises two one-bedroom apartments, one benefiting from a private garden of approximately 200 sqm, two two-bedroom apartments, and one two to three-bedroom duplex unit. This configuration caters to different demand profiles, from owner-occupiers to rental investment. Distributed across six floors, the project ensures efficient use of space and potential for contemporary residential solutions aligned with current market expectations.

Location and surroundings
  • Located between Trindade, Faria Guimarães and Lapa metro stations, within a 300 to 400 metre radius, the property benefits from excellent accessibility. Its proximity to downtown Porto, City Hall, CUF Trindade Hospital, as well as a wide range of services, retail, restaurants and educational institutions such as the University of Porto Faculty of Law, reinforces its appeal. This is a well-established area with strong demand and high appreciation potential.

Key features
  • Building for redevelopment in Praça da República, Porto
  • Located within an Urban Rehabilitation Area
  • Approved project for 744 sqm across six floors
  • Mix of 1, 2 and 2 to 3-bedroom duplex units
  • Private garden of approximately 200 sqm
  • Close to metro, downtown and key amenities

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  • Property type

    Other

  • Price/sqft

    $201

Features

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Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória, Porto, Se, Sao Nicolau e Vitoria, Porto District, Portugal View on Google Maps
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Essia Real Estate

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Essia Real Estate
Porto
View agency profile
Last updated
May 28
First listed
Apr 2
Listing reference
EF0468
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