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Oporto, Oporto, Portugal

£510,586
€590,000
IAD, Porto
PROPERTY TYPE

Detached

BEDROOMS

4

BATHROOMS

1

SIZE

2,777 sq ft

258 sq m

Description

Unique investment opportunity with strong appreciation potential in the heart of Porto.
House built prior to 1951, in need of complete renovation, located on one of the most central and sought-after streets in the city, with excellent accessibility and proximity to shops, services, transport and established residential areas.

Total Land Area: 186 m²
Building Footprint Area: 86 m²
Gross Construction Area: 258 m²
Gross Private Area: 258 m²

Building under full ownership, comprising ground floor and first floor, with a north-facing façade covered in traditional tiles, preserving the city's typical architectural character. It also features a spacious basement of approximately 80 m² with low ceiling height, ideal for technical area, storage or wine cellar.
The property stands out for its original elements and the grandeur of its spaces, with ceiling heights of approximately 4 meters in all rooms, decorative ceilings and elegant period moldings, providing brightness, spaciousness and great potential for a distinctive renovation project.

On the ground floor there are four rooms (main living room with 28 m² and dining room with 13 m²), entrance hall with 12 m², kitchen with 10 m², storage room with 10 m², laundry room with 11 m² and bathroom with 5 m². One of the rooms has direct access to the outdoor area.

On the first floor there are four bedrooms (13 m², 12 m², 13 m² and 10 m²), two of which have a shared balcony of 5 m² overlooking the terrace. The staircase area is illuminated by a skylight, ensuring excellent natural light.

Outside, there is a generous outdoor space of approximately 90 m², with a side garden, ideal for creating a leisure area, green space or social area.

A meeting has already been held with Porto City Council to assess the construction potential of the property, and it was indicated that it is feasible to create a recessed floor as well as align the existing façade, significantly reinforcing the project's appreciation potential.

Property with enormous potential for own housing, multifamily project or renovation investment in the center of Porto.
#ref: 827562

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 IAD, Porto

Av. da Boavista 934, Porto Portugal 4100-112

Founded in 2008, iad was born as the 1st digital real estate network made up exclusively of independent consultants. iad's DNA is based on 4 inseparable pillars: entrepreneurship, property, community and international.

In addition to head office support, the 4 pillars are backed up by digital technology and training, which make a major contribution to the success and appeal of the iad model.

With its headquarters in Paris, iad is the largest network of independent real estate consultants in Europe with more than 20,000 consultants and a turnover of 536 million euros.

iad has become the game changer of the real estate market by breaking with the sector's traditional codes, becoming the 1st French Proptech Unicorn.

In addition to France and Portugal, the iad group is also present in Spain, Italy, Germany and Mexico, the UK and the USA (more precisely, the state of Florida).

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by IAD, Porto (reference 827562) 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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