Used
Historic Porto Building with Garden and Development Potential
The property itself is a masterpiece of period architecture, boasting original features that are increasingly difficult to find. Upon entering, one is greeted by a magnificent staircase featuring exquisite period paintings and ornate, hand-crafted ceilings that reflect the noble history of the estate. Spanning five impressive floors, the building offers a substantial 600 square meters of interior space. A significant advantage for investors is the approved PIP for the creation of 19 residential units and one commercial shop, providing a clear and lucrative pathway for high-end redevelopment in a prime Porto location.
Functionality meets strategic urban planning with the building's proximity to the Santo António Hospital and the upcoming "Santo António" station on the new Pink Metro line. This infrastructure development ensures excellent connectivity and long-term capital appreciation. The internal layout is currently organized into five distinct divisions per floor, offering a versatile canvas for architects to design modern living spaces that respect the building’s heritage. The structural integrity and the distribution of the 614 square meters of gross construction area make it an ideal candidate for a premium residential project.
Beyond the stone walls lies a hidden gem: a sprawling private garden that offers a peaceful sanctuary away from the city's bustle. This generous outdoor area is a rare luxury in central Porto, providing ample space for landscaped terraces or communal leisure zones. With a total plot size of 326 square meters, the potential to create a unique urban oasis is immense. This is a definitive investment opportunity for those looking to leave their mark on the city's architectural landscape. Contact us today to explore the potential of this extraordinary property in Lordelo do Ouro e Massarelos.
Business State
Available
Price
1 700 000 €
Reference
PG09482
Business Type
Buy
Property Type
Apartment
State
Used
Energy Certificate
District
Porto
County
Porto
Parish
Lordelo Do Ouro E Massarelos
Useful Area
600 m²
Gross Area
614 m²
Land Area
326 m²
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