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650 000 €
Building in Lordelo do Ouro e Massarelos, Porto
Porto, PortoBuilding in Lordelo do Ouro e Massarelos with multimedia
552 m²
Skip to main contentEnergy efficiency 
Building for sale
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 Santo António Hospital – 150 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! #ref: 776786
Details
Construction Year1950
Gross Area m²- -
ElevatorNo
Private Gross Area m²552
Living Area m²414
GarageNo
Total Lot Size m²199
Price m²1 177 €
Floor- -
Location
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Origin Listing reference:id. 776786
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