I present to you this distinguished and rare property, located on one of Porto’s most emblematic avenues, right in Bonfim, a central, cultural, touristic, and academic area.
Just a few meters from the Faculty of Fine Arts of the University of Porto and surrounded by cultural facilities, commerce, and services, this property offers 367.90 m² of
Identificação do imóvel: ZMPT575202
I present to you this distinguished and rare property, located on one of Porto’s most emblematic avenues, right in Bonfim, a central, cultural, touristic, and academic area.
Just a few meters from the Faculty of Fine Arts of the University of Porto and surrounded by cultural facilities, commerce, and services, this property offers 367.90 m² of gross private area and a total plot of 236 m², distributed across three units susceptible to independent use.
It is a property with high residential and commercial potential, with the possibility of obtaining short-term rental (AL) licensing, even in a containment zone, subject to formal request.
Another differentiating factor is the possibility of adding two more floors in height, considering the building height (cércea) and the surrounding constructions. With a solid and creative architectural project, it may justify construction of up to four to five floors, always subject to urban planning framework and municipal approval.
Legal and Functional Structure
- Full ownership with divisions susceptible to independent use - Ground floor (commercial use): 126 m² - 1st floor (residential): 115.9 m² + 10.1 m² dependent - 2nd floor (residential): 126 m²
Areas
- Gross private area: 367.90 m² - Total plot area: 236 m² - Building footprint: 126 m² - Open area (garden): 110 m²
Conservation – Preserved Heritage
- Original noble woods in excellent condition - Solid walls and ceilings, no leaks or damp - Traditional tiling and hand-painted period tiles - Bourgeois Porto architecture, with unique charm and identity - Ceiling height of nearly 4 meters
Usage Models and Profitability Potential
- Family Home with Private Garden Enjoying the upper two floors as a private residence is to experience a rare privilege in downtown Porto: a private garden in the city center, where silence and tranquility prevail, in a sunlit space despite being in a fully urbanized area. A perfect solution for families who value space, quality of life, and the authenticity of Porto’s bourgeois architecture. - Vertical Extension (Urban Possibility) Building approximately 6 meters wide, allowing for one apartment facing the front and another facing the back.
- Ground floor: Commercial space - 1st to 3rd floors: 2 T1+1 apartments per floor - Top floor: 1 large T1 or 1 T2 Total: 7 T1+1 units + 1 additional unit on the top floor. Feasibility study: estimated sales volume of €2,616,000, corresponding to €4,000/m² for 654 m² of gross area. Each T1+1 could be priced at approximately €373,000, without parking. (Always subject to project submission and municipal approval.)
- Tourist Exploitation (AL) Possibility of short-term rental licensing, ensuring higher daily yields than traditional rentals, with strong tourist and academic demand. - Conversion into Apartments for Sale Official fractioning, immediate appreciation after rehabilitation, and diversification of buyer or tenant profiles. - Boutique Hostel or Student Housing Strategic location near transport and universities, ensuring high occupancy rates. - Mixed Rental (Commerce + Housing) Balanced combination of commercial and residential income, minimizing vacancy risk. - Medium-Term Rental Ideal for students, professors, and relocated professionals. Flexible contracts, higher rents than traditional leasing, and no need for AL licensing.
A property with a premium location, AL licensing possibility, and vertical expansion potential of up to four or five floors, located in one of Porto’s most sought-after and valued areas.
- Farmácia mais próxima – 200 m (2 min a pé) - Estação de Metro “Heroísmo” – 300 m (4 min a pé) - Paragem de autocarros (linhas STCP) – 350 m (4 min a pé) - Faculdade de Belas Artes da Universidade do Porto – 400 m (5 min a pé) - Escola Secundária Alexandre Herculano – 550 m (6 min a