Tourist apartment building by the Douro River waterfront

Tourist apartment building, located just 100 meters from the riverside avenue, in one of the most authentic and sought-after areas of the city of Porto. Situated in Massarelos, between the Douro River and the gardens of the Crystal Palace and the Romantic Museum, this property benefits from a prime location in a quiet residential neighborhood, yet within a short walking distance of some of the city’s most iconic landmarks, such as Ribeira, the Clerigos Tower, and the Crystal Palace. This is a fully operational complex for Local Accommodation, comprising 15 tourist apartments, distributed as 9 one-bedroom (T1) and 6 two-bedroom (T2) units, within a carefully refurbished historic building. The project stands out for its attention to detail, the quality of the architectural intervention, and a distinctive aesthetic identity, combining interior design, Portuguese ceramics, and contemporary art. As the result of a rigorous rehabilitation process, the four original 19th-century buildings were fully restored, preserving the character of Porto’s architecture while reconciling it with contemporary comfort and functionality. The intervention also enhanced the outdoor areas, giving new life to the garden and common areas. The buildings are arranged around a pleasant landscaped courtyard, with fronts onto two emblematic streets in Massarelos, and also offer an inviting garden-terrace. This outdoor space, marked by shade, fountains, and a water tank, provides a serene and private setting, ideal for moments of rest after a day exploring the city. Inside, the project reveals a strong identity and cultural component. The decorative work is inspired by the city of Porto’s historic British connection, also incorporating works by contemporary Portuguese artists and a carefully selected range of Portuguese faience pieces, evoking the tradition of the pottery factories that shaped the city from the 18th century to the mid-20th century. Each apartment has its own language, contributing to a distinctive, strongly characterful experience. Due to its strategic location, quality of rehabilitation, established concept, and active Local Accommodation operation, this property represents a rare investment opportunity in Porto’s real estate and tourism market.