Oporto, Oporto, Portugal

Beautiful, traditional building in need of renovation in the centre of Porto, Portugal.

Situated in the centre of Porto, in the old town, close to Ribeira riverside, as well as all public transport, metro and buses is this building with a shop.

The property, with a total area of 230 sq m, is under a horizontal property regime and comprises a penthouse and a shop. The shop offers 78.99 sq m usable space; the first floor provides 58.37 sq m living space, and the second-floor penthouse benefits from 92.03 sq m livable area.

The layout of the property and its location has a great investment opportunity for short-term tourism or living in the old town.

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.

Please note all distances and measurements are approximate and for security reasons, are not representative of the exact location of the property. For more information on the precise location of the property and its surrounding area, please contact the listed Property Adviser.