Unique Investment Opportunity! Building with Approved Project (PIP) and Strategic Location!

Porto, Paranhos

750 000 €

16 Bedrooms
16 C.Bath
790 m2 Useful Area
752 m2 Land
Reference: 7005001-9561
Year built: 1937
Type: House
Objective: Sell
EC: B
This magnificent property offers an excellent investment opportunity. With an approved Preliminary Information Request (PIP) including exterior parking, the potential of this property is vast and promising.
It stands out for its beautiful facade and the possibility of project exchange, with the following key features:
Prime Location: Situated in one of the most dynamic areas of the city, this building benefits from a strategic location with easy access to public transportation. The proximity to the Yellow Line metro station provides quick and convenient access to the University Campus and Downtown.
Approved PIP: This property stands out for its approved construction capacity, offering a wide range of possibilities for investment and real estate development:
  • Total construction area: 933 m²; 
  • Building index: 1.24; 
  • Implantation area: 400 m²; 
  • Waterproofing area: 515 m²; 
  • Waterproofing index: 0.68; 
  • Number of floors above the threshold: 4; 
  • Total number of units: 4; 

Parking: A plus for any venture, this building includes exterior parking in the courtyard, ensuring convenience and practicality for future users or residents.
Investment Potential: Based on the approved project and strategic location, this building offers a high potential for return on investment. Whether for developing a residential, commercial, or mixed project, the possibilities are vast and adaptable to various investment strategies.
If you are looking for a unique opportunity to invest or develop a real estate venture in a prime location, now is the ideal time to act.
Take advantage of the opportunity to explore this unique property and discuss your investment needs and objectives. Contact us today to schedule a visit and discover all the advantages and opportunities that this building has to offer.
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