Building for renovation in a premium location

A unique investment opportunity, consisting of 2 contiguous properties sold together, located in one of the most authentic and privileged areas of Porto’s riverside promenade, right on the iconic Douro River. Benefiting from a direct view over one of the city’s most iconic landscapes, this real estate set combines location with strong potential for appreciation. The property includes a traditional-architecture house set on a 126 m² plot, with a 504 m² gross private area spread over 4 floors, standing out for its original elements such as the wooden staircase, high ceilings, and characteristic tilework, which give it unique authenticity and charm. In addition, the second property, set on a 95 m² plot, is arranged on a single floor, currently allocated to services, offering great flexibility for conversion and integration into a larger-scale project. Both properties require rehabilitation, representing an exceptional opportunity for investors or developers wishing to create a distinctive project—whether for a prestigious residence, tourist unit, charming development, or multifunctional concept. Located within an ARU Zone (Urban Rehabilitation Area), the properties may benefit from potential tax incentives and rehabilitation support, significantly enhancing the investment’s appeal and attractiveness. The surroundings are characterized by the authenticity of the traditional urban fabric, narrow streets, and a picturesque riverside atmosphere, just a few minutes from Porto’s historic center—an increasingly valued setting among national and international investors.