R. de Cedofeita, Porto, Porto, 4050

R. de Cedofeita
Porto 4050
Portugal

CO-EXCLUSIVE

Property

Ownership: For Sale
Type: Business Opportunity
Pets: Pets Unknown
Area: 556M² (5984 sq ft)
Tenure: Tenure Unknown

Financials

Price: €750,000
($900,000)
View this listing in:
Carlos Alves
Real Estate Advisor
Nuno Franco
Sales Manager - Nest Seekers Portugal
Avenida da Liberdade, 129 B , 1250-140 Lisbon

Description

The Project:

It is a project for the alteration and expansion of a building intended to be used for services such as local accommodation in the form of an Accommodation Establishment, predicted to have between 9 and 11 accommodation units.

The building is located at Rua de Cedofeita, union of the parishes of Cedofeita, Santo Ildefonso, Sé, Miragaia, S. Nicolau and Vitória, in the city of Porto.

The project proposes the expansion of the pre-existing building to the regulatory framework, with the creation of two more floors facing the street, as well as its in-depth expansion, implying the construction of a new back facade in the alignment of the adjoining buildings . The new project maintains the main façade in granite and the shared walls in granite.

The information on the project under municipal approval is as follows:

Total approved construction area: 585.00 M2

Total land area: 304 M2

Number of floors: 4 above the threshold level and 1 below Total number of fractions / studios: 9/11 studios

Gross construction area: 556.00 M2

Volumetry: 1839.00 M3

Implantation area: 184.44 M2

The sale price is €750 000.00 and includes the urban property in the conditions in which it is found, and with a work licensing process underway at the City Council of Porto that aims at its rehabilitation and reconstruction, this includes the architectural project (with execution project and quantity map) + specialty project + 3D images.

The project is under municipal approval at the Porto City Council and the final approval order is expected during the first half of 2021 (without any commitment, as deadlines are dictated by the Porto City Council itself).

The architecture office that is in charge of the development of this project is Pedra Líquida, which is a highly regarded company in the city of Porto. In 2020, the Pedra Líquida office won two distinctions in the National Award for Urban Rehabilitation.

A must visit street, in the “Invicta” - unbeaten City

São Lourenço building is located in a patrimony protected area on Cedofeita Street, one of the most important and well-known streets in the downtown of Porto where the imposing art and architecture that characterizes the invicta city stands out, in this street we find several buildings built between the centuries XVII and XX, classified as Public Interest Buildings.

In recent years, Cedofeita Street has undergone a major urban rehabilitation with several highly prestigious real estate investments under development. The new facades combined with a greater offer for housing and commerce resulted in a more dynamic life in the invicta city.

It is a pedestrian street designed with the traditional Portuguese sidewalk, in black and white, respecting the original design and is the link between Boavista street to Carlos Alberto square with a huge extension of pedestrian access, it has become an important residential area, is today one of the main commercial axes of the city.

About the location:

Oporto is the city of the moment – the regional economy is currently growing rapidly due to the increase in tourism. It is one of the safest cities in Europe, which contributes to the high standard of living experienced by its residents.

The growth and development of the real estate market has been directly influenced by the global recognition of the Oporto brand. The Francisco Sá Carneiro Airport (situated just 11 km from the city centre) facilitates the flow of visitors and tourists, and was voted the ‘Best European Airport’ in 2018.

Oporto is currently one of the most exciting cities in Europe with the potential for growth and ROI. Its unique architecture, urban heritage and geographical location make it the ideal place for real estate investment. Capital and gateway to the north of Portugal, Porto is both the city that provided a nation with a name and a fortified wine known world-wide: port.

With its splendid geographical location on the mouth of the river Douro and architectural heritage of exceptional quality, the historic center of Porto was declared UNESCO World Heritage in 1996. Porto is the capital of the North and the second-largest city in the country; its hard-working inhabitants are noted for their commercial enterprise, always standing firm against outside impositions and foreign invaders, which explains why Porto has become known as the «unvanquished» city.

In addition to its history, any visitor to Porto will be quickly impressed by the forceful character both of the city and its inhabitants.

If you want to get to know the city better, we recommend a gentle stroll through its streets, taking time to admire the typical granite houses and monuments, enjoying a tram ride along the banks of the river, or even going for a boat ride under the city ́s six bridges, from where you can enjoy an entirely different view of the city. These itineraries seek to demonstrate the impressive contrasts this city has to offer. The "Baixa (Downtown)" of Porto, with all the rhythms of city life, its movement, and intense retailing. There is a very peculiar expression that bestows a Nordic, mercantile tone onto a city that is both spiritually and intensely baroque. In sharp contrast, in the Serralves Park, there is the sheer modernity of the building housing the Museum of Contemporary Art, and the romantic, soothing surroundings of the surrounding leafy park.


Iconic São Lourenço Building | For recovery/construction | in Porto city center, Portugal.

Description

The Project:

It is a project for the alteration and expansion of a building intended to be used for services such as local accommodation in the form of an Accommodation Establishment, predicted to have between 9 and 11 accommodation units.

The building is located at Rua de Cedofeita, union of the parishes of Cedofeita, Santo Ildefonso, Sé, Miragaia, S. Nicolau and Vitória, in the city of Porto.

The project proposes the expansion of the pre-existing building to the regulatory framework, with the creation of two more floors facing the street, as well as its in-depth expansion, implying the construction of a new back facade in the alignment of the adjoining buildings . The new project maintains the main façade in granite and the shared walls in granite.

The information on the project under municipal approval is as follows:

Total approved construction area: 585.00 M2

Total land area: 304 M2

Number of floors: 4 above the threshold level and 1 below Total number of fractions / studios: 9/11 studios

Gross construction area: 556.00 M2

Volumetry: 1839.00 M3

Implantation area: 184.44 M2

The sale price is €750 000.00 and includes the urban property in the conditions in which it is found, and with a work licensing process underway at the City Council of Porto that aims at its rehabilitation and reconstruction, this includes the architectural project (with execution project and quantity map) + specialty project + 3D images.

The project is under municipal approval at the Porto City Council and the final approval order is expected during the first half of 2021 (without any commitment, as deadlines are dictated by the Porto City Council itself).

The architecture office that is in charge of the development of this project is Pedra Líquida, which is a highly regarded company in the city of Porto. In 2020, the Pedra Líquida office won two distinctions in the National Award for Urban Rehabilitation.

A must visit street, in the “Invicta” - unbeaten City

São Lourenço building is located in a patrimony protected area on Cedofeita Street, one of the most important and well-known streets in the downtown of Porto where the imposing art and architecture that characterizes the invicta city stands out, in this street we find several buildings built between the centuries XVII and XX, classified as Public Interest Buildings.

In recent years, Cedofeita Street has undergone a major urban rehabilitation with several highly prestigious real estate investments under development. The new facades combined with a greater offer for housing and commerce resulted in a more dynamic life in the invicta city.

It is a pedestrian street designed with the traditional Portuguese sidewalk, in black and white, respecting the original design and is the link between Boavista street to Carlos Alberto square with a huge extension of pedestrian access, it has become an important residential area, is today one of the main commercial axes of the city.

About the location:

Oporto is the city of the moment – the regional economy is currently growing rapidly due to the increase in tourism. It is one of the safest cities in Europe, which contributes to the high standard of living experienced by its residents.

The growth and development of the real estate market has been directly influenced by the global recognition of the Oporto brand. The Francisco Sá Carneiro Airport (situated just 11 km from the city centre) facilitates the flow of visitors and tourists, and was voted the ‘Best European Airport’ in 2018.

Oporto is currently one of the most exciting cities in Europe with the potential for growth and ROI. Its unique architecture, urban heritage and geographical location make it the ideal place for real estate investment. Capital and gateway to the north of Portugal, Porto is both the city that provided a nation with a name and a fortified wine known world-wide: port.

With its splendid geographical location on the mouth of the river Douro and architectural heritage of exceptional quality, the historic center of Porto was declared UNESCO World Heritage in 1996. Porto is the capital of the North and the second-largest city in the country; its hard-working inhabitants are noted for their commercial enterprise, always standing firm against outside impositions and foreign invaders, which explains why Porto has become known as the «unvanquished» city.

In addition to its history, any visitor to Porto will be quickly impressed by the forceful character both of the city and its inhabitants.

If you want to get to know the city better, we recommend a gentle stroll through its streets, taking time to admire the typical granite houses and monuments, enjoying a tram ride along the banks of the river, or even going for a boat ride under the city ́s six bridges, from where you can enjoy an entirely different view of the city. These itineraries seek to demonstrate the impressive contrasts this city has to offer. The "Baixa (Downtown)" of Porto, with all the rhythms of city life, its movement, and intense retailing. There is a very peculiar expression that bestows a Nordic, mercantile tone onto a city that is both spiritually and intensely baroque. In sharp contrast, in the Serralves Park, there is the sheer modernity of the building housing the Museum of Contemporary Art, and the romantic, soothing surroundings of the surrounding leafy park.



All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.