$2,576,690

Rua Da Picaria · Porto | Hotel Development Potential With Restaurant Licence

  • 9 Beds
  • 6 Baths
  • 13,692 Sqft
  • 5,307 Sqft lot
  • Updated: Yesterday

About the Property

An opportunity for investors and hospitality operators seeking to develop a distinctive concept in central Porto.

Located on Rua da Picaria, this property comprises premises with an existing restaurant licence and an approved architectural project for 15 studio apartments. Together, these provide a basis for assessing an investment strategy combining accommodation and dining.

For
An opportunity for investors and hospitality operators seeking to develop a distinctive concept in central Porto.

Located on Rua da Picaria, this property comprises premises with an existing restaurant licence and an approved architectural project for 15 studio apartments. Together, these provide a basis for assessing an investment strategy combining accommodation and dining.

For a forward-thinking investor, the opportunity lies in exploring a boutique hotel concept that brings together accommodation, gastronomy and a distinctive city experience. Any hotel development would be subject to project amendments, confirmation of feasibility and the necessary hotel licensing and approvals.

The approved residential project offers an alternative development route and may be amended to reflect the buyer’s objectives, subject to the required approvals.

Location, scale and flexibility to structure a refurbishment investment focused on value creation.

Project plans and supporting documentation are available for investment appraisal. Contact me to arrange a private presentation and property viewing.
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  • Property type

    House

  • Year built

    1951

  • Price/sqft

    $188

Explore the Area

Rua da Picaria 56, Porto, Cedofeita, Santo Ildefonso, Se, Miragaia, Sao Nicolau e Vitoria, Porto District, Portugal View on Google Maps
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View 1,481 more listings in Cedofeita, Santo Ildefonso, Se, Miragaia, Sao Nicolau e Vitoria

CENTURY 21 Realty Art Foz

Joined 8 months ago
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CENTURY 21 Realty Art Foz
Portugal
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109
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2026
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CENTURY 21 Realty Art Foz
Portugal
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Last updated
Yesterday
First listed
October 24
Listing reference
C0406-02898
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