Oporto, Oporto, Portugal
- PROPERTY TYPE
Block of Apartments
- SIZE
10,807 sq ft
1,004 sq m
Description
Located on one of Porto’s most desirable tourism corridors — connecting the historic city center to the Douro riverfront — this property offers a rare opportunity to acquire a centrally positioned asset with immediate income and significant development upside.
Just steps from São Bento Station, Ribeira, the Cathedral, and key cultural landmarks, the location ensures strong year-round demand and long-term value appreciation.
Existing Asset + Development Potential
The property consists of two interconnected buildings:
Front Building (Fully Operational):
7 residential units currently operating with high occupancy
Ground-floor retail space with strong visibility (with potential to be converted into a restaurant)
Generates immediate income from day one
Rear Building (Value-Add Opportunity):
Vacant structure connected to the main building
Approved architectural concept allows for the creation of additional accommodation units
Includes a private patio and potential for a rooftop terrace, enhancing guest experience and overall asset value
Approved Boutique Hotel Project
The property benefits from an approved architectural project for a boutique hotel, offering a clear path for repositioning the asset into a higher-value hospitality concept.
The layout and dual-building configuration provide flexibility for various strategies, including boutique hotel or aparthotel use.
Investment Highlights
Prime location along a key axis between the historic center and the Douro riverfront
Existing income-producing asset (7 units + retail)
Clear upside through development of the rear building
Potential to create rooftop terrace and enhanced guest amenities
Strong tourism fundamentals in Porto
High potential for capital appreciation and operational optimization
Additional Information
A rare opportunity to secure a centrally located property combining stable current income with significant future development potential in one of Porto’s most sought-after micro-locations.
Full Professional Support
At iad Portugal/International, we accompany the entire purchase process, from the initial phase to the final deed.
All contractual acts, including the promissory contract (CPCV), are carried out in the presence of a lawyer, ensuring full legal security.
Whether you live in Portugal or abroad and wish to invest in Porto, we are ready to provide a fully personalized service.
Contact us for more information. It will be a pleasure to assist you with this investment.
#ref: 855307
Oporto, Oporto, Portugal
NEAREST AIRPORTS
Distances are straight line measurements- Porto(International)6.0 miles
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Notes
This is a property advertisement provided and maintained by IAD, Porto (reference 855307) 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.



