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Description
This ruin located in the parish of Bonfim, was considered one of the 20 most sought-after neighborhoods in the world in 2020 by the readers of Time Out magazine, located in an area of urban rehabilitation, and is a few steps from the historic center, of the train station and the metro.
The privileged location allows an incredible view of the Douro River and the surroundings so characteristic marked by the buildings of the end of the century. XIX and 1st quarter of the century. XX, where we find among others the Fine Arts, the Municipal Library, or the Nova Sintra Park.
The social and human dimension of this area is particularly interesting because of the healthy experience and encounter of different generations and the cohabitation between locals and residents from all continents.
The ruin we present is composed of two properties whose unified land is sold with PIP approved for a total construction area of 867 sqm, with the possibility of building 4 housing fractions (two of which have an area of more than 100 sqm) and parking spaces.
Considered an excellent investment, in an area of the city that has presented, in the last 5 years, a growing annual appreciation in the purchase, sale, and lease justified by the future connection of the "Customs Branch Line" with construction planned for the coming years.
This project has advantages with regard to environmental and landscape requalification and will allow the connection between the low level, next to the river, and the high level, of the city, implying eventual price increases per sqm.
The privileged location allows an incredible view of the Douro River and the surroundings so characteristic marked by the buildings of the end of the century. XIX and 1st quarter of the century. XX, where we find among others the Fine Arts, the Municipal Library, or the Nova Sintra Park.
The social and human dimension of this area is particularly interesting because of the healthy experience and encounter of different generations and the cohabitation between locals and residents from all continents.
The ruin we present is composed of two properties whose unified land is sold with PIP approved for a total construction area of 867 sqm, with the possibility of building 4 housing fractions (two of which have an area of more than 100 sqm) and parking spaces.
Considered an excellent investment, in an area of the city that has presented, in the last 5 years, a growing annual appreciation in the purchase, sale, and lease justified by the future connection of the "Customs Branch Line" with construction planned for the coming years.
This project has advantages with regard to environmental and landscape requalification and will allow the connection between the low level, next to the river, and the high level, of the city, implying eventual price increases per sqm.
Official Mortgage Partner
Portugal Mortgage Brokers
Portugal Mortgage Brokers, licensed by the Bank of Portugal, are a free independent service working with all Portuguese banks. We specialise in offering mortgage information to residents and non-residents purchasing a property in Portugal, whether it be for a main residence, secondary home, investment, construction loan or renovation loan. We act as mortgage brokers to find you the most suitable and competitive mortgage program in the market. A simulation showing all costs is provided and an affordability check is carried out before submitting, we can then reach an official approval with the bank within 2 weeks of receiving your documents.
Property Info
- Property Type Ruin
- Sale or Rent For Sale
- Price € 480,000
- Year Built -
- District Porto
- Municipality Porto
- Bedrooms -
- Bathrooms -
- Loft No
- Garage No
- Plot Area 234 m2
- Habitable Area -
- Energy Rating N/A
Amenities
- Built year: 1935 e 1937
- Proximity: Shopping
- Proximity: Restaurants
- Proximity: City
- Views: River view
- Views: City view
- Solar orientation: North
- Solar orientation: South
- Proximity: Hospital
- Proximity: Public Transport
Points of Interest
This property has no Points of Interest defined.
Seller's Properties
For Sale
- -
- 8
- 10
- 5800 m2
- 938 m2
- A
- Yes
- No
- 44
For Sale
- -
- 3
- 3
- 190 m2
- 156 m2
- N/A
- Yes
- No
- 47
For Sale
- -
- 3
- 6
- 642 m2
- 459 m2
- N/A
- Yes
- No
- 43
For Sale
- -
- 2
- 2
- 119 m2
- 98 m2
- N/A
- Yes
- No
- 46
For Sale
- -
- 2
- 2
- 111 m2
- 95 m2
- N/A
- Yes
- No
- 48
For Sale
- -
- 4
- 5
- 30628 m2
- 239 m2
- A
- Yes
- No
- 40
