Building in Porto (96172)

These two buildings for reconstruction are located on Rua de Câmara Pestana, in Bonfim, one of Porto's most appreciating areas. Set on two plots with a total area of 350 sqm, the properties totalling 681 sqm of gross construction area have an approved project ready for immediate development. The project can be modified according to the investor's needs.The project, designed by Architect Guilherme Burmester, provides for the creation of six modern units distributed across five floors plus terraces, with the buildings developing over two floors below street level and three floors above, including panoramic terraces. The development comprises two luxury triplexes (3 and 4-bedroom) and four 1-bedroom apartments, all with generous private outdoor areas. The 4-bedroom triplex features 163 sqm of gross area, a 37 sqm terrace, a 56 sqm private garden and garage, while the 3-bedroom triplex offers 177 sqm of gross area, a 37 sqm terrace, a 33 sqm garden and garage. The four 1-bedroom apartments range from 62 sqm to 75 sqm, all benefiting from private terraces or balconies. The property is located in an ARU zone, which is relevant for potential application of reduced VAT at 6%.Bonfim has established itself as a rapidly expanding and appreciating neighbourhood, representing one of the city's most successful urban regeneration initiatives. The privileged location provides an excellent transport network, proximity to Porto's historic centre and a growing offer of commerce, services and cultural spaces, making this project ideal for investors seeking a ready-to-execute opportunity in a premium location, with high profitability potential for both resale and rental.