Building in Ribeira for Tourist Development

Building · For Sale · União Das Freguesias De Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau E Vitória, Porto, Porto · Ref. LUX/00710

4 200 000 €

Building in Ribeira for Tourist DevelopmentBuilding in Ribeira for Tourist Development - 2Building in Ribeira for Tourist Development - 3
  • 1038.4 m²
  • CE A

Unique Investment Opportunity in Ribeira - Porto We present this magnificent historic building, located in the heart of Ribeira, just 50 metres from the Douro River. Set in one of the city of Porto’s most traditional and sought-after neighbourhoods, this property offers an outstanding investment opportunity, with strong appreciation potential and a strategic location that combines heritage, charm and proximity to the river. With 1,038.4 m² of Gross Construction Area (GCA) and 862 m² of usable area, the building is almost fully renovated, with the refurbishment nearing completion. The work carried out has preserved and integrated many of the historic features typical of the city’s older buildings, such as the imposing stone walls and architectural details that give the property a truly distinctive character. The blend of modernity and tradition creates a unique setting of remarkable aesthetic and cultural value. The building comprises 13 units, distributed as follows: 6 studio apartments 2 one-bedroom apartments 4 one-bedroom-plus apartments On the ground floor, there is a restaurant, distinguished by its beautiful, finely detailed wooden staircase, a true tribute to classical architecture, lending the space a warm and sophisticated atmosphere. This restaurant is an excellent option for those looking to diversify their investment, whether for immediate operation or to create an exclusive venue that takes full advantage of the area’s charm. In addition, the property holds a lic

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