$828,101

Outros Habitação >T10+1 For Sale In Porto

  • 11 Beds
  • 6 Baths
  • 2,347 Sqft
  • 3,337 Sqft lot
  • Updated: April 19

About the Property

5 Independent Townhouses

Joint sale of the five properties under the Simplex regime for a notable project, or individual rehabilitation for housing or rental.

Fantastic opportunity to acquire five adjoining townhouses in the heart of Porto, in Campanhã, in the Freixo area, a prestigious part of the city. Ideal as an investment for local accommodation, construction of a hotel unit,

5 Independent Townhouses

Joint sale of the five properties under the Simplex regime for a notable project, or individual rehabilitation for housing or rental.

Fantastic opportunity to acquire five adjoining townhouses in the heart of Porto, in Campanhã, in the Freixo area, a prestigious part of the city. Ideal as an investment for local accommodation, construction of a hotel unit, or residential T0 and/or T1 apartments. Strategically located near the CP and Campanhã metro station, just meters from access to the VCI highway heading south or north, these properties offer a magnificent panoramic view of the Douro River and its marina, making this set highly desirable for developing an attractive and distinctive project for notable professionals.

On Rua Paraíso do Freixo (a dead-end street leading to the station), there is potential to add a recessed floor and an attic with a trapezoidal window. On Rua do Freixo, due to its slope, it is possible to add a ground floor on one side, totaling four floors.

For those who prefer to renovate the five properties, there is guaranteed full annual occupancy for local accommodation due to proximity to transport or urban rental. The portfolio includes a T1+1 townhouse, three T2 townhouses with terraces, and a T3 townhouse with garden and terrace, all offering a magnificent and private view of the sunrise over the Douro River.

The entrance area to Freixo is largely acquired for rehabilitation, making this your chance to be part of this transformation by acquiring this available lot of townhouses!

Property descriptions:

House 2: T1+1 townhouse, habitable. Ground floor house with stone and lime facade, comprising 4 rooms. Total land area: 49 m²; building footprint: 49 m²; gross construction area: 49 m².

House 6: T2 townhouse, habitable. Ground floor house with stone and lime facade, comprising 3 rooms. Total land area: 60 m²; building footprint: 48 m²; gross construction area: 48 m². Currently rented with annual renewals (November) at €400/month.

House 10: T2 townhouse, habitable. Ground floor house with stone and lime facade, comprising 3 rooms and a backyard. Total land area: 50 m²; building footprint: 38 m²; gross construction area: 38 m². Currently rented with annual renewals (December) at €200/month.

House 12: T2 townhouse for rehabilitation. Ground floor house with stone and lime facade, comprising 3 rooms and a patio. Total land area: 50 m²; building footprint: 38 m²; gross construction area: 38 m².

House 16: Charming T3 townhouse in ruins, consisting of two floors, two bathrooms, semi-basement, terrace, and backyard. Notable architectural beauty of the terrace wall, similar to those traditionally used to delimit railway stations, with unobstructed views of the Douro River. Total land area: 91 m²; building footprint: 50 m²; gross construction area: 100 m².

Location and surroundings:

Located in a privileged area with access to all commerce, services, and transport it offers, you will find tranquility on one of the side streets of Rua do Freixo. This is your chance to enjoy everything the city center offers with the peace found in the corners of this space. The area features single-family and multi-family housing with easy vehicle and pedestrian access and distribution.

Building (according to the Property Tax Register):

Building under full ownership regime without floors or divisions suitable for independent use.

Points of interest:

  • Services: restaurants, cafés, bakeries, pharmacies, butcher shops, fishmongers, grocery stores, supermarkets, study centers, gyms, and clinics;
  • Public transport (9M; 205; 207; 303; 400; 403);
  • Access to VCI (A20; A43; N108; IC23; IP1);
  • Campanhã CP Station;
  • Campanhã Metro Station;
  • Campanhã Intermodal Terminal;
  • Campanhã Church;
  • Bonfim Church;
  • Our Lady of Health Chapel;
  • Quinta de Bonjóia;
  • Corujeira Garden;
  • São Roque Park;
  • Oriental City Park – Expansion;
  • Freixo Marina;
  • Bonfim Health Center;
  • Outsite Porto – Mouco;
  • Lidl Bonfim;
  • Alexandre Herculano High School;
  • Ramalho Ortigão Basic School (2nd and 3rd cycles);
  • Campanhã Swimming Pools;
  • Dragão Stadium;
  • Alameda Shopping;
  • Citizen’s Shop.

Tax benefits and incentives:

As this property is located in the Campanhã-Estação Urban Rehabilitation Area (ARU), it enjoys the following tax benefits and incentives:

  • Exemption from IMI (property tax) for three years, with the possibility of renewal for another five years;
  • Exemption from IMT (property transfer tax) on the acquisition of properties for rehabilitation and the same exemption on the first subsequent transfer after rehabilitation;
  • Reduced VAT rate of 6% on rehabilitation and construction works;
  • Reduction of fees for temporary occupation of public domain by 80% and licensing fees by 50%.

No document is available certifying that a usage license has been issued for this property, that it is exempt from such certification, or that any legally due fees have been paid. Therefore, the property may lack the necessary urban permits for use and/or construction.

This is a unique opportunity to design a dream in the center of Porto, enjoying the beauty and amenities this city has to offer. Choose the Paradise of Porto, in the truest sense of the word!

SIMPLEX

No document is available certifying that a usage license has been issued for this property, that it is exempt from such certification, or that any legally due fees have been paid. Therefore, the property may lack the necessary urban permits for use and/or construction.

  • Property type

    Apartment

  • Year built

    1892

  • Price/sqft

    $352

  • Emissions

    NC

  • Consumption

    NC

Features

Explore the Area

Campanha, Porto District, Portugal View on Google Maps
Price per sqft
Low
High

View 259 more listings in Campanha

Collection Vantagem Oporto

Joined 4 years ago
Your message
You have inquired about this property

The agent will contact you soon by

Listed by

Collection Vantagem Oporto
Porto, Portugal
View agency profile
102
Listings
2022
Joined

Book home tour with the agent

Choose a date and whether you'd like a virtual or in-person tour with the agent.

In-person tour
Preferred date
Tour type
Collection Vantagem Oporto
Porto, Porto, Portugal
View agency profile
Last updated
April 19
First listed
Mar 31
Listing reference
126401062-15
Call

Start phone call with:

Hello, I’m calling for the property with the reference 126401062-15, which I discovered on JamesEdition.

After the call, we'll provide your contacts to the agent for easy communication.