Premium Opportunity: Building with Approved Project and River View – Ribeira, Porto
Iconic Location and Safe Investment
Located in one of the most desirable areas in the world, this vacant building represents the perfect symbiosis between Porto's history and modern real estate potential. With a project approved by the Porto City Council for full rehabilitation, this asset is located in the ARU Zone, guaranteeing significant tax benefits (such as VAT reduced to 6% on rehabilitation and IMI/IMT exemptions).
The Project: Elegance and Functionality
The project was designed to maximize the gross area and solar exposure (South/North), being distributed as follows:
Ground floor: Prestigious commercial space measuring 72.64 m² (ideal for boutique or premium services).
Floors 1, 2 and 3: Three spacious 1+1 bedroom apartments, with areas of 91.69 m², 98.42 m² and 102.43 m², respectively.
Floor 4 (Recessed): A magnificent T2 measuring 132 m², complemented by a private patio measuring 29 m² with panoramic views over the Douro and Ribeira.
Property Highlights:
Total Construction Area: High occupancy efficiency.
Status: Unoccupied, ready for work to begin.
Accessibility: Project provides for the installation of an elevator.
Views: Frontal Douro River and Ribeira do Porto.
Solar Exposure: South and North, ensuring constant natural light.
Strategic Location:
Douro River: 50 meters.
Ribeira do Porto: 250 meters.
Historic Center: 1 km (pedestrian distance).
Surroundings: Surrounded by the best traditional commerce, famous restaurants and public transport.
Why this investment?
In addition to the organic appreciation of the city of Porto, the existence of an approved project eliminates licensing risks and speeds up time-to-market. Whether for resale of luxury units or exploitation of income, this is a highly liquid asset.
Contact us to consult the plans and project description. Come and discover the future of Ribeira.
#ref: 808348
Features
Useful area (m²) :
498.00
Lift :
Yes
Construction Year :
1950
Diagnostics
Energy Efficiency class
C
0
Greenhouse gas emission
N.C.
Presented by
IAD Portugal SA
Av. da Boavista 934
Porto
Portugal
http://www.iadportugal.pt/
