Renovated Historic Building Al License And Housing In Bairro Das Artes

There are buildings that tell stories, and this one Rodrigues de Paula Bulding, dating back to 1939 and classified as a Property of Heritage Interest (No. 77) by the Porto Municipal Council, is a true testament to the architectural style of the Invicta city.

Situated on the legendary Rua do Rosário — the beating heart of the iconic Cedofeita Arts District —, this historic building stands in a strategically incredible location. Here, the effervescence of art galleries, independent shops, and signature restaurants creates a magnetic atmosphere, immensely coveted by both national and international tourism.

Preserving its soul and historic facade, the property has undergone extensive and meticulous structural renovations over the years, benefiting from a general technical modernization that provides not only comfort but also energy efficiency. This building, classified by the architect José Júlio de Brito (Responsible for Rivoi Theatre and Porto Coliseum), holds an active dual license for Residential U-se and Short-Term Rental (Alojamento Local). It operates under a ”turnkey” model and can be sold with all furniture and contents included to ensure the immediate continuation of a profitable hospitality business.

A secure investment for the present, with a guaranteed property appreciation for the future thanks to the imminent arrival of the new metro line right at your doorstep.

🛋️ Floor 1
Living and Dining Area: This floor is entirely dedicated to the social area, featuring a generous common living room perfectly integrated with the dining room, creating a fluid, spacious, and functional environment.
Kitchen: A functional kitchen space, strategically positioned to provide direct support to the living and dining rooms.
Bathrooms: Features a full bathroom on this floor.
Private Outdoor Access: The major highlight of this floor is the direct access to a huge, uncovered private terrace measuring 21.30 m². West-facing, it offers a superb and highly private outdoor space right in the heart of the city.

🛏️ Floor 2
Bedrooms: Comprising two spacious and comfortable bedrooms, served by independent hallways.
Bathrooms: Includes full bathrooms supporting the bedrooms.
Front Balcony: One of the bedrooms also benefits from a charming balcony facing the main facade (Rua do Rosário).

🛏️ Floor 3
Additional Bedrooms: Repeating the clever layout of the floor below, this level features two more bedrooms with excellent acoustic insulation, ensuring maximum privacy.
Bathrooms: Served by a full bathroom.
Front Balcony: Retains the balcony on the main facade, ensuring architectural symmetry.
Attic: Access to the attic from this floor, offering an ample space for storage or other purposes.

Technical Features:
Private Gross Area: 208 m²
Terraces and Balconies: 30 m²
Aluminum Window Frames with Thermal Break and Double Glazing
Electric Shutters
Solar Panel for DHW (Domestic Hot Water) with an electric backup water heater

🏛️ History, Culture, and Local Context:
Heritage Interest: 1939 building registered with the Porto Municipal Council under number 77.
Arts District: Premium location on Rua do Rosário, Porto’s trendiest artistic area.
Walkable Tourism: Located within short walking distance of the city’s main attractions and monuments.
Nearby Services: Surrounded by supermarkets, pharmacies, and right next to the Santo António Hospital.
Mobility and Future: New metro line expected shortly, with a station just a few meters away.

📊 Investment and Profitability Highlights:
📈 Profitability Rate (Yield): Estimated gross financial return of around 6%.
🔑 Turnkey Business: Possibility of sale with full contents included for an immediate business transition.
🚀 Appreciation Potential: Strong future property appreciation driven by the new metro line.

At Listoo, we believe in transparent and fair deals for both parties:

⚖️ Fixed Commission: Only €5,000 + VAT (pay only for professional marketing and support services, without abusive percentage-based commissions).

Schedule your visit today and come discover this excellent opportunity in the heart of Porto!