Private Introduction · Portugal
Property in Porto — €525,000.
Building for renovation with 239 m² of gross construction area and approved PIP, 200 meters from Jardim do Passeio Alegre, in Foz do Douro, Porto.Located on a 112 m² plot, this property with approved Preliminary Information Request (PIP) is situated in one of the most emblematic areas of the city, Foz Velha. Although the PIP is approved for a single-family residence, there is the possibility of changing the licensing for the construction of a small building with 3 floors, allowing the creation of 5 to 6 apartments.The property has two frontages, offering excellent potential for developing a project with optimal sun exposure and functionality. Its privileged location allows easy access to the beach and the Douro River, which are just a few meters away.Located in a historic and coveted area, the property benefits from proximity to green spaces, restaurants, local commerce, and main tourist attractions. It's a 5-minute walking distance from Forte de São João Baptista, 10 minutes from Farol da Foz and Pergola da Foz. A 5-minute driving distance from Parque da Cidade, 15 minutes from Porto city center, and 20 minutes from Francisco Sá Carneiro Airport.
Why This Opportunity
Located in Porto, Porto, Portugal — a sought-after part of the market.
On the market at €525,000.
Layout up to 239 m².
Estimated 7% annual capital growth for Porto (market-level estimate).
The Area
Getting around
Francisco Sá Carneiro Airport (OPO)
International airport connected to the city by Metro Line E (Violet). [~11 km / 25 min by metro to Trindade]
Porto-São Bento Station
Central CP railway station famed for its azulejo-tiled hall; urban and regional lines. [City centre, Baixa]
Campanhã Station
Porto's main long-distance and high-speed rail hub (Lisbon, Braga, Vigo). [~3 km east of the centre]
Nearby
Livraria Lello
Historic neo-Gothic bookshop, one of the world's most beautiful. [City centre, near Clérigos]
Ribeira
UNESCO-listed riverside old town along the Douro. [Douro riverfront]
Serralves
Contemporary art museum, Art Deco villa and park. [~4 km, Boavista/Foz]
Torre dos Clérigos
Baroque bell tower with panoramic city views. [City centre]
Schools
Universidade do Porto
Portugal's largest university, with 14 faculties across the city. [Central campuses]
CLIP – Colégio Luso-Internacional do Porto
Cambridge curriculum progressing to the IB, ages 3–18. [Nevogilde, ~5 km from centre]
Oporto British School
English National Curriculum, IGCSE & IB, ages 3–18; founded 1894. [Foz do Douro]
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