$2,793,495

Building T7 Sell In Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau E Vitória,Porto

  • 7 Beds
  • 7,535 Sqft
  • 5,608 Sqft lot
  • Updated: November 3

About the Property

Corner Mansion with Extension Potential — Investment Opportunity for Residential, Commercial or Boutique Hotel Use
A classical mansion with outdoor grounds, a prominent corner position and the potential to reach approximately 1,760 sqm of gross construction area, based on a preliminary study.
The property’s investment appeal rests on three key attributes: architectural character, scope for e
Corner Mansion with Extension Potential — Investment Opportunity for Residential, Commercial or Boutique Hotel Use
A classical mansion with outdoor grounds, a prominent corner position and the potential to reach approximately 1,760 sqm of gross construction area, based on a preliminary study.
The property’s investment appeal rests on three key attributes: architectural character, scope for expansion and flexibility of use. Together, these offer opportunities for refurbishment and redevelopment for sale, rental, operational use or owner occupation.
Multiple Uses and Investment Strategies
  • Residential: creation of a substantial private residence or potential conversion into apartments, making use of the building’s character and additional construction capacity.
  • Corporate headquarters or family office: a standalone building with a distinctive identity, accommodating private offices, meeting rooms, reception and entertaining areas.
  • Private clinic, healthcare or wellness: adaptation to a concept that benefits from the property’s scale, visibility and architectural character.
  • Boutique hotel: development of an intimate hospitality property, combining the restored mansion with additional accommodation and shared amenities.
All proposed uses are subject to technical assessment, planning requirements and the necessary approvals.
Development Potential
The preliminary study considers the following:
  • Existing building: an estimated 700 sqm.
  • Extension of the main building: approximately 600 sqm through the addition of two floors.
  • New construction within the grounds: approximately 462.5 sqm across five floors.
Together, these interventions could deliver approximately 1,760 sqm of gross construction area, retaining the main building’s identity while creating additional space tailored to the chosen use.
All areas and development proposals are preliminary estimates, subject to verification and approval by the relevant authorities.
An Opportunity for Investors, Developers and Owner-Occupiers
The property offers the opportunity to combine the restoration of a character building with a larger development project, adaptable to different markets and operating models.
The preliminary study and indicative investment assumptions are available on request.
…
  • Property type

    Other

  • Year built

    1951

  • Price/sqft

    $370

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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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Verticus Lda

5

Joined 5 years ago
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Verticus Lda
Portugal
View agency profile
71
Listings
2022
Joined
5
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Verticus Lda
Po, Portugal
View agency profile
Last updated
November 3
First listed
November 3
Listing reference
AVt0200
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