🏗️ Excellent Investment Opportunity | Set Of 2 Buildings For Rehabilitation And Expansion | Praça Da

We present an excellent investment opportunity in the heart of Porto.

This is a set of 2 urban buildings, distributed across 3 separate units, located in Praça da Alegria, one of the most sought-after and rapidly appreciating areas of the city, between Campo 24 de Agosto, Batalha, and Bonfim.

In recent years, this area has undergone significant urban rehabilitation, attracting national and international investments and establishing itself as a prime location for housing and investment projects.

📐 Property Features

Building 1
• 3-story building
• Total land area: 83.20 m²
• Building footprint: 77.60 m²
• Gross construction area: 139.40 m²
• Gross private area: 139.40 m²

Building 2
• 3-story building
• Total land area: 103.20 m²
• Building footprint: 83.40 m²
• Gross construction area: 162.90 m²
• Gross private area: 159.00 m²
• Gross dependent area: 3.90 m²

Complementary Article
• Total land area: 145.70 m²
Total area of ​​the complex: 332.10 m²

🏛️ Urban Planning Framework
The properties are located in an ARU – Rehabilitation Area Urban and ORU – Urban Rehabilitation Operation, which may benefit from the incentives provided for in the applicable legislation, upon compliance with the respective legal requirements.
Among the main benefits are:
✅ Reduced VAT of 6% on eligible contracts;
✅ Possibility of IPTU exemption;
✅ Tax benefits in terms of IRS and IMT, when legally applicable;
✅ Access to programs and financing lines aimed at urban requalification.

📈 Development Potential
The properties have high potential for appreciation.

There was a previously approved project that included:
• Total land area: 332.10 m²
• Building footprint: 258.00 m²
• Gross construction area: 593.00 m²
• Construction of:
🏡 1 four-bedroom duplex apartment
🏡 9 one-bedroom apartments

There is also potential for building expansion (2 more floors), subject to obtaining the necessary urban planning approvals.

📍 Premium Location
The location is one of the greatest strengths of this investment.

Within a few minutes’ walk are:
🚶 Campo 24 de Agosto – 5 minutes
🚶 Rua de Santa Catarina – 8 minutes
🚶 Bolhão Market – 10 minutes
🚶 Avenida dos Aliados – 12 minutes
🚶 Campanhã Station – 15 minutes
🚶 Ribeira do Porto – 20 minutes

🚇 Excellent accessibility
Nearby you will find:
✔️ Campo 24 de Agosto Metro Station
✔️ Bolhão Metro Station
✔️ Campanhã Station
✔️ Several STCP bus lines

🛍️ Shops and Services
The surrounding area offers a wide range of services and shops, including:
🍽️ Restaurants and cafes
🛒 Supermarkets
💊 Pharmacies
🏦 Banks
🏋️ Gyms
🏨 Hotels
🏥 Clinics and health centers
All of this contributes to high residential demand and an excellent quality of life.

📊 An opportunity for investors
This location stands out for:
⭐ Strong demand for permanent housing
⭐ High demand for medium and long-term rentals
⭐ Increasing property appreciation
⭐ Excellent accessibility
⭐ Strong urban rehabilitation dynamics
⭐ High interest from national and international investors

ℹ️ Additional information
One of the buildings is partially occupied, and there are currently two tenants with lease agreements in effect.

If you are looking for a safe investment in one of the areas with the greatest potential for appreciation in the city of Porto, this could be the ideal opportunity.

Contact us for more information or to schedule a visit.