420.000 €
In the heart of Porto, close to the Trindade area and within a short distance of Avenida dos Aliados, you will find this urban building with strong potential for renovation, reconstruction and value creation. Located on Travessa de Alferes Malheiro, this property is sold as a whole, comprising two urban property registrations, with a total land area of 123 sqm and an existing gross construction area of 186 sqm. This building is the only property available for renovation on this street, confirming the scarcity of supply in Porto’s historic centre. The images of the renovated property have been generated by AI. The property comprises: An urban property with 126 sqm of gross construction area, distributed over 2 floors; An urban property with 60 sqm of gross construction area, corresponding to a ground-floor construction. Buildings exempt from an occupancy permit, as they are old constructions predating the publication of Decree-Law No. 38,382 of 7 August 1951. Both property registrations are sold together, creating a particularly interesting opportunity for investors, developers or buyers looking to carry out an urban renovation/reconstruction project in a central historic location with strong demand. The property is vacant and requires full renovation/reconstruction, allowing the future buyer to fully rethink the space, its internal layout and functional use, always subject to the applicable technical, regulatory and urban planning assessment by the City Council. Location is one of the key strengths of this asset. Its proximity to Trindade Metro Station, Avenida dos Aliados, Porto’s downtown area, services, shops, public transport and the city’s main points of interest gives it a strategic position for different investment profiles. Due to its centrality, size and configuration, this property may be particularly suitable for those seeking: Renovation/Reconstruction for private residence or investment; Development of a residential rental solution; Urban renovation/reconstruction project in a high-demand area; Asset with value-add potential in central Porto; Investment in a consolidated location with excellent accessibility. The sale is made in the current physical and legal condition of the property. Any alteration, extension, change of use, internal reconfiguration or future development must always be analysed and validated by the competent authorities. An opportunity for investors looking for a vacant property with scale and value-creation potential in the centre of Porto. Book your viewing today. #ref:C0406-02726