€1,200,000
Building in the centre of Porto, right in the old town, with a shop and two floors in need of renovation. Five minutes from Porto’s riverside (Ribeira), close to all public transport, Metro and buses. This building, which has a total floor area of 230.39 sq m, is under a horizontal property regime, and comprises a penthouse second floor, first floor and shop. The building is divided as follows: – Shop 78.99 sq m – 1st floor 58.37 sq m – Penthouse 2nd floor 92.03 sq m The layout of the property and its location offer a choice investment either for short-term tourism or for living in the old town. Features: – East/west-facing – Terrace – Shop, rented until March 2024, cannot be refurbished – Close to all public transport, metro and buses Located in the historic zone of the city, in the Ribeirinha do Porto area, this property has a prime place due to its central location on the River Douro with its huge offer of all types of traditional shops and numerous tourist attractions and cultural sites such as Porto Cathedral, Porto Puppet Museum, Palácio das Artes, Porto Cathedral Treasure Museum, the Museum of Sacred Art and Archaeology, Praça da Ribeira, leisure zones such as Praça do Infante D. Henrique. With a dense network of transport, restaurants, supermarkets and schools, and proximity to Luiz I Bridge where the River Douro can be viewed over the entire city. Voted “Best city break destination in Europe” at the 2020 World Travel Awards, the city of Oporto was also given the top spot by Monocle’s Small Cities Index 2021. Business-friendly and export-oriented in its essence, its people are internationally minded. Deemed one of Europe’s fastest growing tech hubs, Oporto is also the country’s industrial hub. The capital of the North was voted 2nd most exciting city to live in by Time Out, having undergone a game-changing rehabilitation, restoring its medieval architecture and investing in its cultural institutions. Oporto’s Douro river is central to the city’s past, present and future. A UNESCO World Heritage site, the Douro river is flanked by some of the world’s most celebrated wines and beautiful vineyards. -PROP-025882
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