This extraordinary building (to restore) in Porto´s downtown is in one of the most fascinating and ancient streets of the city – the Rua do Almada. The centennial building comprises a basement and 5 floors above the ground, with a gross construction area of 685 sqm. It is an excellent investment opportunity in urban rehabilitation intended for the residential market.
The building is implanted in a 193 sqm land plot and presents good dimensions. There´s an 85 sqm backyard area, which guarantees great sun exposure, allowing an interior reorganization of this area with vast potential.
The surroundings, being the case of Rua do Almada, are strongly marked by a very identical set of small-scale residential buildings. Also worth mentioning is the high patrimonial value of the edifices in the neighboring blocks. This building is at a 3 minutes’ walk from Avenida dos Aliados and 10 minutes away from Ribeira. It is served by a great variety of shopping places and services, including parking areas.
Porto is a city with enormous historical value, a relevant international recognition and presents itself as the second largest Portuguese city. It has a privileged location due to its proximity to the Atlantic Ocean and the straight and traditional connection with the Douro region, which is one of the most famous wines regions of the world.