Building to renovate in the center of Porto

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Building to renovate in the center of Porto 1 400 000 € Ref.: RB1514

Building to Renovate in Prime Location in Downtown Porto
Building in a prime location, opposite the iconic Carmo Church, in the heart of Porto. This 5-story building has enormous potential for appreciation and is an excellent investment opportunity for total renovation, whether for housing, local accommodation, or a tourism project.
With the possibility of building up to 10 apartments, this property stands out for its unique surroundings, with strong tourist and commercial appeal, in one of the most sought-after areas of the city.

Property Features

The building has five floors and needs total renovation, but offers remarkable potential for appreciation.
The project allows for the construction of up to ten apartments, making it an excellent opportunity for developers and investors. Located in one of the most iconic areas of Porto, right in front of the Carmo Church, the property benefits from an excellent tourist and commercial environment, combining centrality, prestige, and convenience. Its location, combined with its proximity to the future pink metro line, guarantees a significant increase in the value of the investment in the medium and long term.

Location and Surroundings

Located in the heart of Porto, this building is close to all amenities and points of interest, such as restaurants, local shops, cultural areas, and public transportation (subway, buses, and trains).
The area is in high demand for housing and tourism, benefiting from the continuous appreciation of the real estate market and the growth of tourism in the city.

Investment

The property represents a unique investment opportunity in the heart of downtown Porto, ideal for developers, investors, or individuals who wish to develop a residential or tourist project in one of the city´s most iconic areas.
The strong economic dynamism, growing demand for accommodation, and expansion of urban infrastructure consolidate this asset as a high-return investment.

Key Highlights

Premium location opposite the Carmo Church
5 floors with the possibility of 10 apartments
In need of total renovation
Strong potential for appreciation with the future pink metro line
Area of high tourist and commercial appeal

Schedule your presentation with an ESSIA REAL ESTATE consultant.

With consolidated experience in the national real estate market, we develop rigorous marketing strategies, tailored to each property and each client profile. We operate with discretion, continuous market analysis and an approach oriented towards asset appreciation and the security of the entire process.

Full support, from start to finish.

ESSIA REAL ESTATE. Established essence. Contemporary vision.

10 bedrooms

493,5 m² Useful Area

535,5 m² Gross Area

493,5 m² Private Gross Area

Property Type Building

Typologie 10 bedrooms

Objective Sell

Condition To be recovered

Price 1 400 000 €

Year of Construction 1989

Country Portugal

District Porto

County Porto

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

Zone N/A

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