€620,000

Multi Family for sale Porto
Property photo number 1 of 8 Photos for Property. File  98150301_4_0400bb93eaac240cb36c583c044b57fd.jpeg

Overview

SUMMARY: Discover an opportunity with this Porto multi family for sale and available for €620,000. This could be your next ideal home or a smart investment. More details await.

Prime Investment Opportunity in Porto – Development & Rehabilitation Asset

This development and rehabilitation asset is located in one of Porto’s most prestigious and sought-after areas, just steps from the Crystal Palace Gardens.

The property consists of a 3-storey building with a current gross construction area of 552 m², set on a 199 m² plot, with strong potential for expansion. Built prior to 1951, the building requires full rehabilitation and allows for the addition of 1 to 2 extra floors, increasing the total buildable area to approximately 700 m².

Key investment highlight:
The property is sold together with the adjoining building, enabling a combined above-ground construction potential of approximately 1,050 to 1,250 m², making it ideal for residential development, serviced apartments, student housing or mixed-use projects (subject to municipal approval).

Asking price for both buildings: €1,250,000

Investment Highlights

Prime central location in Porto

Expansion and redevelopment potential

High demand area for residential and rental markets

Strong fundamentals for capital appreciation

Suitable for developers and institutional investors

Strategic Location

Crystal Palace Gardens – 30 m

New Metro Station (Pink Line) – 150 m

City Centre – 750 m

Close to major universities and business hubs

A rare opportunity to acquire a scalable development asset in a consolidated and growing real estate market.
Schedule Your Visit Today and Discover the Full Potential of This Building in the Heart of Porto!
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Details

  • Neighborhood: Lordelo do Ouro e Massarelos
  • Beds: 0
  • Baths: 0
  • Price: €620,000
  • Reference No.: ZAZY-T104061
  • Area: 414 m2

Location

Marketed by:

  • Listing Manager
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