Private Introduction · Portugal
Land in Porto (69059)
Plot in Porto — €1,600,000.
- Price
- From EUR 1.60M
Introduction
Plot with approved project for the construction of a residential building with 33 studio apartments, with 1,196 m² above ground in a prime location, on Circunvalação, next to the NorteShopping roundabout, with outstanding visibility.Total approved construction area of 2,333 m², with 33 parking spaces, 1,196 m² above ground and 1,137 m² below ground.Approved architectural project featuring 3 residential floors above ground and 3 basement parking levels, on a 493 m² plot.The 33 residential units range from 19 m² to 42 m².The property is located on Circunvalação, Porto, a short distance from NorteShopping, the location being an important business center and a consolidated retail area. Benefiting from easy access to Estrada da Circunvalação, A28, A20 and A4.Alternatively, it may be possible to develop a previously approved services project, benefiting from the strategic location and high visibility.
Why This Opportunity
Prime Porto location
Located in Porto, Porto, Portugal — a sought-after part of the market.
Priced at €1,600,000
On the market at €1,600,000.
Studio homes
Layout up to 1144 m².
~5.3% estimated gross yield
Estimated 7% annual capital growth for Porto (market-level estimate).
The Area
Where it is
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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