Dom Manuel II Building | For recovery/construction | 16 units | Porto city center, Portugal.


Property

Website:https://www.nestseekers.com/2661751
Address:
R. de Dom Manuel II 28
Porto 4050-522
Portugal
Ownership: For Sale
Type: House
Pets: Pets Unknown
Council Tax Band: TBC

Financials

Price: €1,700,000
($1,836,000.00)

Description

About the project:

The building is located in the center of Porto, on Rua de Dom Manuel II, next door to the Soares dos Reis Museum, formerly Palácio dos Carrancas, occupying the entirety of a narrow plot so characteristic of the city's morphology. In the vicinity of this building, in addition to the museum, the Hospital de Santo António, Jardim da Cordoaria, the former barracks of the 6th Infantry Regiment (currently occupied by an extension Hospital de Santo António and by a University of Porto section) stand out. , the Crystal Palace and its surrounding park.

The building, one more set of buildings because it is a conglomeration of buildings that time has added to the main building, adjoining the street, is made up of four volumes. The main building with four floors that borders the street and which consists of a ground floor that is a warehouse, the four floors of housing that denote the street plus a mezzanine on the top floor.
The patio is practically entirely occupied by constructions adapted to the morphology of the land, which gives them different heights and heights.

There is a PIP for the construction of 8 units in the main building plus 8 units in the set of buildings at the back, in a total of 16 units of type T0/studios.

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.

Contact

Carlos Alves
Area Manager for Porto and North of Portugal
Nuno Franco
Managing Director - Portugal
Avenida da Liberdade 69, 4ºC, 1250-140 Lisbon

R. de Dom Manuel II 28, 4050-522 Porto, Portugal