Charismatic property to rehabilitate, in a prime location and with an former approved project.

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Charismatic property to rehabilitate, in a prime location and with an former approved project. 1.400.000 € Ref: 1106344

975 m²

983 m²

Charismatic property to rehabilitate, very well located in an emblematic area of the city, close to all kinds of amenities and services as well as transport (at the door) and metro (250m). It had an approved residential project for 1395m2 of construction distributed through 8 apartment unites (3xT1 between 60-85m2 and 5xT2 between 85-138m2) in Building A - Family House that belonged to the mathematician Gomes Teixeira; and 15 T0/Studio Accommodation Units in Building B, which functioned as a school facility and equipment.
Both buildings are separated by a fantastic patio space of 439m2.
This is a project adaptable to the concepts of Co-Living, Urban Hotel or Local Accommodation - B&B, Student Residence or Housing Condominium.
According to information provided by the owners this property is part of the ARU (Urban Rehabilitation Area) allowing tax benefits such as exemption from IMI (Property Tax) and IMT (Transaction Tax) refund/recovery, as well as using IFRRU financing, a commercial line of credit that allows you to obtain 12-month euribor rates + 0.95% spread for a 20 year term.
There are so many reasons to call us and schedule a meeting or book your visit/showing.

Tipo de imóvel House

Typology 0 Bedrooms

Objetivo Sell

Condition To be recovered

Price 1.400.000 €

Ano Construção 1948

Country Portugal

District Porto

County Porto

Parish Bonfim

Zona N/D

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