Used
Investment Buildings in Porto near Crystal Palace
The existing structures offer a substantial footprint with a gross construction area of 780 square metres. This generous space provides a versatile canvas for a comprehensive redevelopment project, where modern design can breathe new life into the historic urban fabric. While the current configuration does not include modern amenities such as an elevator or garage, the scale of the buildings allows for a creative reimagining of the interior layouts, ensuring each future unit maximises space and natural light to meet the expectations of an international clientele.
Technically, the property is defined by its remarkable development potential. Set on a plot of 324.73 square metres, there is a clear opportunity to increase the existing construction capacity. Estimates suggest an achievable above-ground construction area ranging from 1,050 to 1,250 square metres. This potential for expansion, combined with the strategic arrival of the new Metro Pink Line nearby, ensures that any investment here is backed by solid infrastructure improvements and future capital appreciation in a rapidly evolving district.
Located within the desirable parish of Lordelo do Ouro e Massarelos, the property offers a rare balance of tranquillity and urban connectivity. The surrounding neighbourhood is renowned for its elegant streets and proximity to the river, making it a magnet for high-end residential projects. We invite you to explore the possibilities of this significant real estate promotion and witness the potential of this site first-hand. Please contact us to arrange a private viewing and discuss the technical aspects of this unique Porto development.
Business State
Available
Price
1 250 000 €
Reference
PG09624
Business Type
Buy
Property Type
Apartment
State
Used
Energy Certificate
District
Porto
County
Porto
Parish
Lordelo Do Ouro E Massarelos
Useful Area
195 m²
Gross Area
195 m²
Land Area
325 m²
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