Prédio T0 For Sale In Porto

Two adjoining buildings in Praça da Alegria with a rear patio of 145 m² and untapped construction potential.

Development opportunity in the heart of Porto:
A complex consisting of two adjoining buildings, with land/courtyard at the rear, located in the historic Praça da Alegria, Bonfim parish, one of the most sought-after and rapidly appreciating areas of the city, between Campo 24 de Agosto, Batalha, and Bonfim.

Property Characteristics:

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

Located in the Urban Rehabilitation Area (ARU), this property benefits from incentives, including:
• Reduced VAT of 6% on eligible contracts
• Possibility of property tax exemption
• Tax benefits under Personal Income Tax (IRS) and Property Transfer Tax (IMT), when legally applicable
• Access to programs and financing lines aimed at urban rehabilitation

A project was previously approved but has now expired, which included:
• Total land area: 332.10 m²
• Building footprint: 258.00 m²
• Gross construction area: 593.00 m²
• Construction of:
- 1 duplex T4 apartment
- 9 one-bedroom apartments

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

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

For investors
This location stands out for:
• Strong demand for permanent housing
• High demand for medium and long-term rentals
• Increasing property value
• Excellent accessibility
• Strong urban rehabilitation dynamics
• High interest from national and international investors

Additional information
One of the buildings is partially occupied, with two tenants currently under lease agreements.