$1,024,281
Price increased by $112,796 on Sep 24, 2026

Porto Building

  • 5,253 Sqft
  • Updated: September 24

About the Property

In the heart of Porto city, on the iconic Rua da Alegria, stands this urban building under horizontal property regime, intended for commercial and residential use. It consists of a ground floor and three upper floors, totaling four independent units. Established as horizontal property in 2000, the building dates back to before 1951 and preserves the typical character of Porto architecture, combine
In the heart of Porto city, on the iconic Rua da Alegria, stands this urban building under horizontal property regime, intended for commercial and residential use. It consists of a ground floor and three upper floors, totaling four independent units. Established as horizontal property in 2000, the building dates back to before 1951 and preserves the typical character of Porto architecture, combined with an urban setting that is constantly appreciating.

Its location is undoubtedly one of its main highlights: situated in one of the most traditional and dynamic areas of the city, it benefits from proximity to the historic center, riverside zones, and various cultural, tourist, and commercial points of interest.

On the ground floor, there is a commercial unit with a generous area of 117 m², offering excellent potential for various types of business, taking advantage of the visibility and pedestrian traffic in the surrounding area.

The upper floors — first, second, and third — each contain a T3 apartment with 124 m² of gross private area, featuring a functional and balanced layout. Each residential unit includes:
- A living room
- An independent kitchen
- A pantry
- A balcony accessible from both the living room and kitchen, providing natural light, outdoor connection, and SEA VIEW

The entrance hall and corridor are spacious, ensuring comfortable circulation. In the private area, there are three bedrooms, one with a balcony, and two full bathrooms (one with a bathtub and the other with a shower). Additionally, two storage areas complement these apartments, enhancing the practical use of space.

It is important to note that the building requires maintenance and some rehabilitation work, representing an excellent opportunity for value enhancement. The potential for intervention allows adapting the property to different strategies — from modernizing the existing units to reconfiguring them for investment purposes, such as long-term rental or tourist exploitation — fully leveraging its privileged location.

Transport & Access:

• 50/200m – Various STCP Bus Lines
• 650m – Marquês Metro Station
• 900m – Faria de Guimarães Metro Station
• 1400m – Porto-Lisboa highway entrance/exit, also with access to the Inner Ring Road

Commerce and Services:

• Located in a prime area, it allows full enjoyment of all the charms of Porto’s city center, where you can find numerous restaurants, bakeries, cafés and terraces, markets and local shops, city corners, typical festival archetypes, and an appealing nightlife.

• 500m from the famous commercial street Santa Catarina, with its Via Catarina shopping center, traditional retail stores, and the renowned Bolhão Market.

This property represents a solid opportunity, whether for investment or future appreciation, combining strategic location, versatile use, and the characteristic charm of Porto city.
…
  • Property type

    Other

  • Price/sqft

    $195

  • Emissions

    G

  • Consumption

    G

Explore the Area

Campanhã, Porto, Bonfim, Porto District, Portugal View on Google Maps
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William Brokers

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William Brokers
Portugal
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16
Listings
2025
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William Brokers
Parque das Nações, Portugal
View agency profile
Last updated
September 24
First listed
September 23
Listing reference
WB-00348/13010
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