£3,168,030
(€342/sq. ft)
€3,700,000
Block of flats for saleCedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau, Vitória, Porto, Portugal
10,807 sq. ft
Just added
About this property
Prime Boutique Hotel Investment in the Heart of Porto
Located on one of Porto’s most desirable tourism corridors - connecting the historic city center to the Douro riverfront - this property offers a rare opportunity to acquire a centrally positioned asset with immediate income and significant development upside.
Just steps from São Bento Station, Ribeira, the Cathedral, and key cultural landmarks, the location ensures strong year-round demand and long-term value appreciation.
Existing Asset + Development Potential
The property consists of two interconnected buildings:
Front Building (Fully Operational):
7 residential units currently operating with high occupancy
Ground-floor retail space with strong visibility (with potential to be converted into a restaurant)
Generates immediate income from day one
Rear Building (Value-Add Opportunity):
Vacant structure connected to the main building
Approved architectural concept allows for the creation of additional accommodation units
Includes a private patio and potential for a rooftop terrace, enhancing guest experience and overall asset value
Approved Boutique Hotel Project
The property benefits from an approved architectural project for a boutique hotel, offering a clear path for repositioning the asset into a higher-value hospitality concept.
The layout and dual-building configuration provide flexibility for various strategies, including boutique hotel or aparthotel use.
Investment Highlights
Prime location along a key axis between the historic center and the Douro riverfront
Existing income-producing asset (7 units + retail)
Clear upside through development of the rear building
Potential to create rooftop terrace and enhanced guest amenities
Strong tourism fundamentals in Porto
High potential for capital appreciation and operational optimization
Additional Information
A rare opportunity to secure a centrally located property combining stable current income with significant future development potential in one of Porto’s most sought-after micro-locations.
Full Professional Support
At iad Portugal/International, we accompany the entire purchase process, from the initial phase to the final deed.
All contractual acts, including the promissory contract (cpcv), are carried out in the presence of a lawyer, ensuring full legal security.
Whether you live in Portugal or abroad and wish to invest in Porto, we are ready to provide a fully personalized service.
Contact us for more information. It will be a pleasure to assist you with this investment.
#ref: 855307
Located on one of Porto’s most desirable tourism corridors - connecting the historic city center to the Douro riverfront - this property offers a rare opportunity to acquire a centrally positioned asset with immediate income and significant development upside.
Just steps from São Bento Station, Ribeira, the Cathedral, and key cultural landmarks, the location ensures strong year-round demand and long-term value appreciation.
Existing Asset + Development Potential
The property consists of two interconnected buildings:
Front Building (Fully Operational):
7 residential units currently operating with high occupancy
Ground-floor retail space with strong visibility (with potential to be converted into a restaurant)
Generates immediate income from day one
Rear Building (Value-Add Opportunity):
Vacant structure connected to the main building
Approved architectural concept allows for the creation of additional accommodation units
Includes a private patio and potential for a rooftop terrace, enhancing guest experience and overall asset value
Approved Boutique Hotel Project
The property benefits from an approved architectural project for a boutique hotel, offering a clear path for repositioning the asset into a higher-value hospitality concept.
The layout and dual-building configuration provide flexibility for various strategies, including boutique hotel or aparthotel use.
Investment Highlights
Prime location along a key axis between the historic center and the Douro riverfront
Existing income-producing asset (7 units + retail)
Clear upside through development of the rear building
Potential to create rooftop terrace and enhanced guest amenities
Strong tourism fundamentals in Porto
High potential for capital appreciation and operational optimization
Additional Information
A rare opportunity to secure a centrally located property combining stable current income with significant future development potential in one of Porto’s most sought-after micro-locations.
Full Professional Support
At iad Portugal/International, we accompany the entire purchase process, from the initial phase to the final deed.
All contractual acts, including the promissory contract (cpcv), are carried out in the presence of a lawyer, ensuring full legal security.
Whether you live in Portugal or abroad and wish to invest in Porto, we are ready to provide a fully personalized service.
Contact us for more information. It will be a pleasure to assist you with this investment.
#ref: 855307
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