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820 000 €
Warehouse in Ramalde, PortoPorto, Porto
Warehouse in Ramalde with multimedia
993 m²
Energy efficiency
Real Estate Investment Opportunity in Porto – Approved Project for Housing and Services Property located on Rua do Tenente Valadim, in Porto, situated in a well-established urban area with clear appreciation potential. It is just a 3-minute walk from the Francos Metro Station, while also benefiting from excellent road access. The surrounding area is primarily residential, reinforced by the proximity to the recently developed Porto Office Park (POP), significantly boosting demand for housing and services. Additionally, ongoing development of large-scale office and coworking projects in the vicinity further consolidates the area’s attractiveness for medium- and long-term real estate investment. General Features of the Existing Building Comprises a two-storey administrative building facing Rua do Tenente Valadim, a two-storey industrial warehouse within the plot, and a garage entrance from Rua do Sargento Abílio. The construction has two frontages, enhancing the project’s value and expanding access and distribution options. The building currently requires major rehabilitation works. Existing Area: Approx. 900 m² Plot Area / Footprint: 517 m² General Features of the Approved Project The approved project foresees a change of use, modification, and expansion of the existing building, with a permit for six independent units, distributed between residential and service uses – including short-term rental units (Alojamento Local) – allowing a mixed exploitation strategy (sale or rental), tailored to the current dynamics of the Porto market. Total Approved Construction Area: 1,073 m² Gross Construction Area: 993 m² Footprint Area: 427 m² Unit Details: Unit A: Three-storey T4 house with garage, courtyard, balconies, and terraces, with the possibility of closing part of the house as a T1 for rental. 216 m² Gross Private Area. Unit B: T1+1 apartment with courtyard. 84 m² Gross Private Area. Unit C: Duplex T3 apartment with balconies and terraces. 151 m² Gross Private Area. Unit D: Duplex T1 apartment. 82 m² Gross Private Area. Unit E: Short-term rental service unit with 6 en-suite bedrooms. 195 m² Gross Private Area + Attic. Unit F: Short-term rental service unit with 6 en-suite bedrooms. 195 m² Gross Private Area + Attic. This property is aimed at real estate investors and developers seeking a project with reduced risk, accelerated execution and revenue timelines, and high appreciation potential in one of the city’s most sought-after areas. It also benefits from ta