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1 480 000 €

Reconstruction property in Porto, Portugal, 855 m²
  • Reconstruction property in Porto, Portugal, 855 m² - picture 1
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  • Reconstruction property in Porto, Portugal, 855 m² - picture 1
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  • Reconstruction property in Porto, Portugal, 855 m² - picture 3
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  • Reconstruction property in Porto, Portugal, 855 m² - picture 7
  • Reconstruction property in Porto, Portugal, 855 m² - picture 8
  • Property ID on Prianproperty.com: 4056076
    Property ID on company's website: 0018/25
    Last update: 23.07.2025
    Number of views: 21

1 480 000 €

Reconstruction property in Porto, Portugal, 855 m²

855 sq.m
Online Viewing Remote Transaction

  • Property ID on Prianproperty.com: 4056076
    Property ID on company's website: 0018/25
    Last update: 23.07.2025
    Number of views: 21

Specifications

Sale price 1 480 000 €
House Area 855 m²
Number of storeys 8
Address Portugal, Porto
Location within the city
to the airport 18 kilometers
to a railroad station 1 kilometers
to the historical city center 50 meters
to a metro station 300 meters
to food stores 10 meters
to medical facilities 50 meters
to a bus stop 250 meters
to a walking route 10 meters

Additional services

  • Online viewing is available
  • Opportunity of a remote transaction

Finance

Business expenses
Not included in the price

Description

An Investment Gem in the Heart of Porto

Unique Building for Full Renovation in a Prime Location

A rare opportunity to acquire a unique property for complete renovation, located in one of the city’s most prestigious and rapidly developing districts — just steps from Avenida dos Aliados, within walking distance of all major city attractions.

Prestigious Location
The building is situated on a street with increasing investment appeal and excellent access to public transportation — metro, train station, and buses. Nearby are tourist landmarks, shopping and business areas, hotels, and restaurants.

Property Features:

  1. 8 floors + a 20 m² outdoor area
  2. Total built area: 855.81 m²
  3. Land area: 139.4 m²
  4. Two façades — excellent natural light and visibility

PIP (Preliminary Planning Permission) in process for:

  1. Retail space: 98.55 m²

  2. Courtyard: 22 m²

The property requires full renovation — and that’s where its true potential lies.
Options include developing 8 to 11 apartments, creating a boutique hotel, a rental-income residential building, or an elegant premium-class housing project.

Why is this opportunity worth your attention?

  1. A location with steadily growing property value

  2. A rare building format offering flexible planning options

  3. Strong potential for both tourism and residential use

  4. Architectural distinction and prestige

This is more than just a building — it’s a high-value asset in a fast-growing area.
Contact us to learn more and discuss your project vision.


Additional features

House details

  • demands total renovation
  • view on landmarks
  • balcony/terrace with total area of 22 m²

Contact seller

Message sent

Representative

Elena Valshina
Manager
Languages: english
Show phone number



Cost of accomodation in Porto

Cost of accomodation in Porto
Restaurants
Cappuccino (regular) 1.36 €
Coke/Pepsi (0.33 liter bottle) 1.37 €
Domestic Beer (0.5 liter draught) 2.00 €
McMeal at McDonalds (or Equivalent Combo Meal) 7.00 €
Meal for 2 People, Mid-range Restaurant, Three-course 40.00 €
Meal, Inexpensive Restaurant 9.00 €
Water (0.33 liter bottle) 1.04 €
Imported Beer (0.33 liter bottle) 2.60 €
Markets
Apples (1kg) 2.03 €
Banana (1kg) 1.28 €
Beef Round (1kg) (or Equivalent Back Leg Red Meat) 12.37 €
Bottle of Wine (Mid-Range) 5.00 €
Chicken Fillets (1kg) 6.69 €
Domestic Beer (0.5 liter bottle) 1.08 €
Eggs (regular) (12) 2.76 €
Lettuce (1 head) 1.35 €
Loaf of Fresh White Bread (500g) 1.36 €
Local Cheese (1kg) 9.34 €
Milk (regular), (1 liter) 0.91 €
Onion (1kg) 1.53 €
Oranges (1kg) 1.43 €
Cigarettes 20 Pack (Marlboro) 5.15 €
Potato (1kg) 1.37 €
Rice (white), (1kg) 1.37 €
Tomato (1kg) 2.12 €
Water (1.5 liter bottle) 0.66 €
Imported Beer (0.33 liter bottle) 1.94 €
Transportation
Gasoline (1 liter) 1.77 €
Monthly Pass (Regular Price) 40.00 €
One-way Ticket (Local Transport) 1.95 €
Taxi 1hour Waiting (Normal Tariff) 15.00 €
Taxi Start (Normal Tariff) 3.50 €
Taxi 1km (Normal Tariff) 0.70 €
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 30 556.15 €
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 28 150.00 €
Rent Per Month
Apartment (1 bedroom) in City Centre 924.17 €
Apartment (1 bedroom) Outside of Centre 701.67 €
Apartment (3 bedrooms) in City Centre 1 686.43 €
Apartment (3 bedrooms) Outside of Centre 1 125.66 €
Utilities (Monthly)
Mobile Phone Monthly Plan with Calls and 10GB+ Data 16.07 €
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment 103.02 €
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 35.71 €
Sports And Leisure
Cinema, International Release, 1 Seat 7.50 €
Fitness Club, Monthly Fee for 1 Adult 33.69 €
Tennis Court Rent (1 Hour on Weekend) 11.89 €
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar) 63.64 €
1 Pair of Men Leather Business Shoes 83.45 €
1 Pair of Nike Running Shoes (Mid-Range) 69.80 €
1 Summer Dress in a Chain Store (Zara, H&M, ...) 26.94 €
Childcare
International Primary School, Yearly for 1 Child 6 980.45 €
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 376.88 €
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre 2 722.66 €
Price per Square Meter to Buy Apartment Outside of Centre 1 803.46 €
Salaries And Financing
Average Monthly Net Salary (After Tax) 1 362.89 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.96 %

Data on the cost of living is provided by the service Numbeo.com. Prianproperty.com can not in any way guarantee the authenticity and correctness of the data.

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Seller
Elena Valshina Manager

Amber Star Real Estate

Languages: english
Contact seller
Messengers: