£419,172
(€279/sq. ft)
€490,000
Property for saleRua João De Deus, São Martinho Do Porto, Portugal
1,755 sq. ft
About this property
Building For Total Recovery In The Historic Center Of São Martinho Do Porto – Minutes From The Bay.
Opportunity for investment in the old core of São Martinho do Porto, one of the most sought-after seaside villages on the Silver Coast, famed for its elliptical-shaped, calm and protected bay.
Building for total reconstruction with 262.9 m2 gross construction area, located on a 108 m2 plot that spans across the block between Rua João de Deus and Rua do Outeiro, two street fronts, just a few minutes' walk from the beach, the promenade and local shops.
The property develops over 4 floors: Basement with two storage areas and own foyer; ground floor and 1st floor with virtually mirrored layouts, living room, kitchen, 3 bedrooms and 2 bathrooms on each floor, with a separate entrance on the ground floor and terrace on the 1st floor, and attic with storage.
This mirrored distribution makes the building a natural base for creating two autonomous units, ideal for holiday rental (local lodging) or individual resale after rehabilitation.
Subject to planning and municipal approval. Includes a complete architectural survey (plans, elevations and sections of all floors), ready to serve as the basis for the rehabilitation project.
São Martinho do Porto records growing tourist demand and a strong shortage of qualified supply, supporting the potential appreciation of this investment, both in the holiday market and in sale after recovery.
Book your visit now and come see the potential of this property.
Opportunity for investment in the old core of São Martinho do Porto, one of the most sought-after seaside villages on the Silver Coast, famed for its elliptical-shaped, calm and protected bay.
Building for total reconstruction with 262.9 m2 gross construction area, located on a 108 m2 plot that spans across the block between Rua João de Deus and Rua do Outeiro, two street fronts, just a few minutes' walk from the beach, the promenade and local shops.
The property develops over 4 floors: Basement with two storage areas and own foyer; ground floor and 1st floor with virtually mirrored layouts, living room, kitchen, 3 bedrooms and 2 bathrooms on each floor, with a separate entrance on the ground floor and terrace on the 1st floor, and attic with storage.
This mirrored distribution makes the building a natural base for creating two autonomous units, ideal for holiday rental (local lodging) or individual resale after rehabilitation.
Subject to planning and municipal approval. Includes a complete architectural survey (plans, elevations and sections of all floors), ready to serve as the basis for the rehabilitation project.
São Martinho do Porto records growing tourist demand and a strong shortage of qualified supply, supporting the potential appreciation of this investment, both in the holiday market and in sale after recovery.
Book your visit now and come see the potential of this property.
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