Building Partially or Fully Renovated near Praça da Oliveira

€890,000

~364 m² Total surface
~364 m² Living area
~114 m² Plot surface

Description

Located in the heart of Guimarães, near the iconic Praça da Oliveira, this is a unique real estate investment opportunity. This building, in one of the city's most renowned and sought-after areas, already has an approved architectural project and is ready to become a landmark property. The building can be purchased in two ways, depending on your needs: As is, in structure, for €890.000, including new flat slabs, windows, roof, and exterior painting—ideal for investors wanting to customize the finishes. Fully renovated and completed, for €1.450.000€ presenting a high-standard building with the following layout: A commercial store, 4 studio apartments (T0): one with a private courtyard on the ground floor, two on the first floor, and two on the second floor. 1 duplex apartment (T2): occupying the third and fourth floors, offering ample space and comfort in the historic center. With its prime location and outstanding potential, this property is perfect for private residence, tourist accommodation, or rental investments. Don't miss out on this unique opportunity in one of the most charming neighborhoods of Guimarães.

Features

Patio

Engel & Völkers Minho

+351 253 070 478

Your advisor: Sofia Bastos

Property ID: W-02YAOI

Location: Guimaraes, Braga

Guimarães, known as the "cradle of Portugal," is a historic city recognized as a UNESCO World Heritage Site, boasting well-preserved medieval streets and a rich cultural heritage. It is located about 40 minutes from Sá Carneiro Airport, 20 minutes from the city of Braga, and approximately 1 hour from the border with Spain. The city seamlessly combines history and modernity, making it a premier destination in northern Portugal.

Commission details

Fees of any kind, as well as notary and registration fees will have to be paid by the buyer; the commission to the broker will have to be paid by the seller, as stipulated by Portuguese law. The availability of the property will be to be agreed upon. All material is based on information which we consider reliable but, because it has been supplied to us by third parties, we cannot guarantee that it is correct or complete at all times and no liability can be accepted for this. This offer is subject to errors, omissions, change in price or withdrawal without notice, without any liability to us.