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Oporto, Oporto, Portugal

€1,300,000
Portugal Sotheby's International Realty, Porto
PROPERTY TYPE

Block of Apartments

SIZE

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Description

This is an exclusive and unrivalled building, located in the heart of the undefeated city of Porto, surrounded by the iconic streets of Fernandes Tomás, Dr. Alves da Veiga, Formosa and Santa Catarina. It presents itself as an unquestionable investment opportunity, simultaneously in two aspects:

- the allocation of the property to commerce and services, which translates into the reorganisation of the interior layout, giving rise, for example, to a diversity of functional and spacious offices;
- changing its use and expanding the building's usable area, increasing the number of floors to 4 (to the height of the adjacent buildings), converting the building into residential apartments.

It is also worth mentioning that this same building could accommodate all three uses: residential upper floor, office floor below, and ground floor for commercial premises.

All this potential requires the submission of a PIP (Individual Improvement Plan) to the respective City Council for approval of these new value-added features.

With its 472 m² of gross private area, and a footprint of 214.70 m², without tenants and with the possibility of covered parking, this extraordinary property presents itself as a real guarantee of return on the initial investment.

Oporto, Oporto, Portugal

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Porto(International)
    6.0 miles

Advice on buying Portuguese property

Learn everything you need to know to successfully find and buy a property in Portugal.

About Portugal Sotheby's International Realty, Porto

Avenida da Boavista, nº 4175 4100-140 Porto

Artfully uniting extraordinary homes with extraordinary lives

Notes

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This is a property advertisement provided and maintained by Portugal Sotheby's International Realty, Porto (reference 107250380) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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