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2 700 000 €
Land in Lordelo do Ouro e Massarelos, PortoPorto, Porto
Land in Lordelo do Ouro e Massarelos with multimedia
572 m²
Energy efficiency
Urban plot with approved PIP in Rua Miguel Bombarda, Porto, suitable for a multifamily residential development with a retail/services component. Located in the Arts District, one of Porto’s most recognised urban areas, this asset benefits from a central and consolidated location, close to Palácio de Cristal, Cedofeita, downtown Porto, Boavista, retail, services, cultural facilities, public transport and the future Pink Line of the Metro. The property has an approved Prior Information Request, providing a clear framework for the development potential and reducing the initial urban planning risk for a future developer or investor. Key indicators: - Plot area: 572 sqm - Approved PIP for multifamily residential, retail and services - Building footprint: 354.09 sqm - Above-ground construction area: 1,901.41 sqm - Total construction area: 2,330.72 sqm - 5 floors above threshold level - 2 floors below threshold level - Expected height: approx. 14.25 m - Covered balconies and terraces: 30.51 sqm - Uncovered balconies and terraces: 113.50 sqm The available product study indicates a possible scheme with 25 residential units, aligned with current urban housing demand, including compact and intermediate typologies, as well as a retail/services component. The final configuration should be developed and validated by the future developer and technical team. Nevertheless, the approved framework allows for an objective analysis of the asset’s development and investment potential. This is an opportunity for developers, investors and real estate operators seeking an urban asset with approved planning framework in a central, consolidated and highly demanded residential area of Porto. Further technical information available upon request.