Land For Construction 750m From São João Hospital, São Mamede De Infesta, Matosinhos

We present an excellent building plot with 253 sqm, located in S. Mamede de Infesta, between Rua Padre Costa and Rua José Coutinho, within an ARU (Urban Rehabilitation Area). Its location stands out for its centrality and convenience, approximately 750 metres from the IPO, São João Hospital and the Metro station, with easy pedestrian access to universities, public transport at the doorstep, and a wide range of shops, supermarkets and services nearby.

Due to its surroundings and characteristics, this property represents an outstanding investment opportunity, with strong potential for appreciation and high returns, benefiting from the tax incentives associated with Urban Rehabilitation Areas (ARU), particularly in terms of construction taxes and VAT.

With frontage onto two streets, the plot allows for a highly versatile development solution, enabling the construction of two buildings, with a total of 10 to 12 residential units, one facing each street. One building may be developed on Rua Padre Costa, comprising basement, ground floor and two upper floors, while a second building facing Rua José Coutinho may include basement, ground floor and first floor, with the possibility of attic conversion, allowing the creation of four dwellings, namely two one-bedroom apartments and two two-bedroom duplex units. The set-back positioning of the buildings in relation to the streets allows for the creation of landscaped areas and gated access, ensuring privacy and functioning as a private condominium.

Alternatively, there is the possibility of rehabilitating the existing house, featuring distinctive English-style architecture from the 1930s/40s, which may later be complemented by the construction of a new detached house or a residential building with four to five units at the rear of the plot, facing Rua José Coutinho.
Energy Rating: Exempt
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