Building for sale in Cedofeita, Santo Ildefonso, Se, Miragaia, Sao Nicolau e Vitoria, Portugal

• 255 m² of land (2745 sqFt)
• No overlooking neighbours
• N/C
• full restoration of the structure/outside needed

This iconic and majestic building is located in the heart of Porto's historic center, just a few minutes' walk from all kinds of services, including traditional Porto grocery stores, theaters, cinemas, art galleries, public transport, public parking, and the city's well-known cafés and restaurants. This property represents an excellent investment opportunity. Its four floors leave ample room for various possibilities for maximizing and generating income from this space. The owner has an approved project for the construction of two exquisite studio apartments (T0) on the first floor, with private gross areas of 32.84 square meters and 33.38 square meters. Additionally, there is a unique triplex apartment planned for the second, third, and fourth floors, covering a private gross area of 243.50 square meters, with a garden of 167.70 square meters. The second floor will include two en-suite bedrooms plus an office. The third floor will feature a living room, a dining room, a spacious kitchen, and a service bathroom. On the fourth floor, there is a space planned for an office or library. The property's prime location and potential for income make it a worthwhile investment at the price of 1,400,000.