Investment Building in Porto Historic Centre

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Investment Building in Porto Historic Centre 3 700 000 € Ref.: EB1547

Investment Building in Porto Historic Centre
Between Ribeira and São Bento, this building represents a rare opportunity in Porto’s historic centre, combining immediate income, flexible use and strong appreciation potential. Currently operating as short-term rental accommodation, with 7 apartments in operation and a leased commercial unit, this is an asset in excellent condition, refurbished in 2019, fully equipped and furnished.

Property layout and features

The property comprises 7 short-term rental units, ready to operate, a commercial unit currently in use, and a pleasant outdoor area with garden and patio, enhancing both user experience and future repositioning potential.
The building is equipped with solar panels, air conditioning and central heating. At the rear, there is an additional office building connected to the main structure, currently vacant, where most of the intervention foreseen in the approved project will take place. The existing units require only minor adjustments.
The west/north orientation at the front façade and south/east at the rear allows for balanced natural light throughout the day.
There is an approved architectural project by Porto City Council for the development of a 17-unit boutique hotel, including apartments and rooms, restaurant, garden with patio and rooftop. This asset therefore supports both a stabilized operation and a repositioning strategy within the upper mid-market segment.

Location and surroundings

Situated between Ribeira and São Bento, one of the most sought-after areas in the city, this property benefits from a strategic location for real estate investment, tourism operation or boutique hotel development in Porto.
The surrounding area combines centrality, heritage, accessibility and proximity to key cultural, commercial and tourist attractions, reinforcing its appeal for immediate use and long-term value.

Highlights

Refurbished building in 2019, in excellent condition
7 fully equipped and furnished short-term rental apartments
Leased commercial unit
Approved project for a 17-unit boutique hotel
Garden, patio, rooftop, solar panels, air conditioning and central heating

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9 bedrooms

897,28 m² Useful Area

1004 m² Gross Area

897,28 m² Private Gross Area

301,47 m² Plot Area

Property Type Building

Typologie 9 bedrooms

Objective Sell

Condition Used

Price 3 700 000 €

Year of Construction 2011

Country Portugal

District Porto

County Porto

Parish Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória

Zone Sé do Porto

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