Building For Rehabilitation With Pip Project | Rua De Faria Guimarães, Porto
2,982 Sqft
Updated: July 31
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About the Property
Strategic building for complete renovation, with an approved PIP for 11 residential units and 1 commercial space. An asset ready for development, in a rapidly growing and appreciating area of Porto.
📌 Property Characteristics Gross Construction Area (GCA): 725.14 m²
Gross Dependent Area: 102.20 m²
Project Status: Approved and ready for licensing
Storage: 10
Strategic building for complete renovation, with an approved PIP for 11 residential units and 1 commercial space. An asset ready for development, in a rapidly growing and appreciating area of Porto.
📌 Property Characteristics Gross Construction Area (GCA): 725.14 m²
Excellent layouts focused on the rental market for young professionals, university students, or owner-occupied housing in the city.
Commercial Component (1 Shop):
Located on the ground floor, with excellent visibility and direct storefront access to the busy Rua de Faria Guimarães.
Ideal for services, neighborhood commerce, or a coffee shop/office.
📍 Location and Accessibility Rua de Faria Guimarães is one of the main connecting axes to the center of Porto, offering unbeatable car and public transport accessibility, being just a few minutes’ walk from the heart of the city.
Transport and Access:
Just a 6-minute walk from Faria Guimarães Metro Station
Direct and immediate access to the VCI (Faria Guimarães Interchange), quickly connecting the property to any point in the city, highways (A1, A3, A4) and the airport.
20 min from Porto International Airport.
Property Location:
6 min from Praça do Marquês de Pombal.
5 min from Avenida dos Aliados and 3 min from Trindade.
Close to university centers, hospitals, traditional shops, supermarkets and essential services.
Excellent investment opportunity.
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