$2,919,067

Corner Manor House For Sale In Porto | Investment & Boutique Hotel Potential

  • 7 Beds
  • 5 Baths
  • 9,796 Sqft
  • 5,608 Sqft lot
  • Updated: May 12
  • 6
    Views for last 30 days
  • 2

About the Property

Corner Manor House with Strong Value Appreciation Potential and Multiple Use Scenarios
A unique property comprising a classical-style manor house, set in a prime location with rare urban presence. Due to its scale, architecture, corner positioning and development potential, this asset represents a distinctive opportunity for private residence, institutional headquarters, premium services or the
Corner Manor House with Strong Value Appreciation Potential and Multiple Use Scenarios
A unique property comprising a classical-style manor house, set in a prime location with rare urban presence. Due to its scale, architecture, corner positioning and development potential, this asset represents a distinctive opportunity for private residence, institutional headquarters, premium services or the development of a boutique hospitality project.
The property combines three features that are particularly difficult to replicate: architectural identity, centrality and expansion capacity. It allows preservation of the noble character of the main building while offering scope to increase the built area and adapt the asset to different occupation, operational or investment strategies.
Its configuration caters to various buyer and investor profiles, from an end user seeking a prestigious property to an operator or developer aiming to deliver a distinctive project with scale, location and strong perceived value.
Asset Positioning
Prestigious Private Residence
The property is particularly suited for an end buyer seeking a large-scale residence with architectural presence, privacy, outdoor areas and a prime location.
The combination of a historic building, outdoor space and expansion potential enables the creation of a representative family home, featuring generous social areas, suites, office, leisure zones, wellness areas, parking and support spaces.
Corporate Headquarters or Family Office
Given its image, scale and urban visibility, the asset is highly suitable for a company headquarters, family office or institutional office.
The building’s architecture provides a distinctive identity, allowing for the creation of a representative workspace with reception areas, meeting rooms, offices, workspaces, formal areas and technical facilities.
For companies that value image, centrality and differentiation, this represents a rare alternative to conventional office products.
Premium Services
The property may also be adapted to high-end services, including private clinics, medical aesthetics, healthcare, wellness, consulting, executive education, institutional showroom or other premium concepts.
Its location, visibility and architectural character enable the creation of a differentiated user experience, reinforcing perceptions of trust, exclusivity and service quality.
Boutique Hotel or Charming Hospitality
Due to its scale, location and architectural identity, the asset may also be considered for a boutique hotel or charming hospitality unit, subject to urban planning regulations and licensing.
The combination of the manor house, expansion potential and new construction within the courtyard allows for the development of a small-scale, highly distinctive hospitality project.
Development Potential
Based on current assumptions, the property presents significant expansion potential.
The existing building has an estimated area of approximately 700 sqm. This may be increased through the addition of two new floors to the main building, representing approximately 600 sqm of additional area.
Additionally, there is the possibility of developing new construction within the courtyard, with an estimated footprint of 92.5 sqm per floor across 5 floors, representing approximately 462.5 sqm.
In total, the property could reach a potential gross construction area of approximately 1,762.5 sqm. Assuming an efficiency ratio of around 85%, this may translate into approximately 1,500 sqm of sellable or usable commercial area, depending on the project, functional programme and architectural solution.
This potential enables the future owner to adapt the asset to different strategies, whether for own use, operational exploitation or real estate value enhancement.
Investment Overview
The investment case is based on the combination of acquiring a character asset with expansion potential and strong versatility of use.
Based on the analysed assumptions, the project may require a total estimated investment of approximately €5.2M, including acquisition, taxes and construction/rehabilitation costs. This includes refurbishment of the existing structure, expansion of the main building with two additional floors, new construction within the courtyard and the creation of technical or complementary areas, including a basement.
In a premium end-product scenario, with approximately 1,500 sqm of sellable area, the project could achieve a potential gross revenue of around €9.0M, assuming benchmark sales values aligned with the location, scale and expected quality of the asset.
These assumptions indicate a relevant potential margin, with room for optimisation depending on the architectural solution, final construction costs, licensing strategy, financing structure and chosen exit model.
The owner holds more detailed information regarding the financial rationale, investment assumptions, estimated costs, potential revenue and expected returns, which may be shared with interested buyers or investors for a more in-depth analysis.
  • Property type

    Other

  • Year built

    1951

  • Price/sqft

    $298

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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

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Joined 4 years ago
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Verticus Lda
Portugal
View agency profile
73
Listings
2022
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Verticus Lda
Po, Portugal
View agency profile
Last updated
May 12
First listed
May 12
Listing reference
AVt0200 - Palacete Boavista
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