Land in Paranhos, Porto

Development Plot | 200 m from the IPO, Metro Station and University Campus Ref.: 2359 An excellent investment opportunity in one of Porto´s most sought-after residential areas. Urban development plot located approximately 300 metres from the IPO Oncology Institute, S. João Hospital, the Metro Station and the University Campus, within a well-established area offering excellent accessibility. With a plot area of approximately 230 m², the property offers the potential for the construction of a ...Development Plot | 200 m from the IPO, Metro Station and University Campus Ref.: 2359 An excellent investment opportunity in one of Porto´s most sought-after residential areas. Urban development plot located approximately 300 metres from the IPO Oncology Institute, S. João Hospital, the Metro Station and the University Campus, within a well-established area offering excellent accessibility. With a plot area of approximately 230 m², the property offers the potential for the construction of a residential building comprising Basement + Ground Floor + 2 Storeys, subject to approval by the relevant planning authorities. A preliminary feasibility study indicates the possibility of developing six two-bedroom apartments (T2) or an alternative scheme with studio (T0) and one-bedroom (T1) apartments, designed to meet the strong demand in the local residential market. Location The surrounding area benefits from its proximity to Porto´s main hospital and university hubs, generating strong and consistent demand for residential property, both for owner-occupation and the rental market. Nearby amenities include: IPO Porto (Portuguese Oncology Institute); S. João Hospital; University Campus; Hospital de S. João Metro Station; Supermarkets, shops and essential services; Restaurants, pharmacies and schools; Excellent access to the Circunvalação Ring Road, the VCI and the city´s main road network.This location is particularly attractive for residential developments aimed at students, healthcare professionals and young working professionals, making it an excellent opportunity for residential developers and investors. Contact us for further information or to arrange a site visit.