Building with PIP Approved in Porto
EUR 700,000
- 671.4 sq m
Property for
Sale
Country
Portugal
State/Region/Province
Porto
City
Porto
ZIP code
4000-203
Posted
Feb 04, 2026
Description
Investment Opportunity - Building with Approved PIP
Real estate asset located at Rua Faria Guimarães, Porto, in the central area of the city, with strong urban rehabilitation dynamics and high housing demand.
The property has a PIP with a favourable opinion from the Porto City Council, providing for the construction of a multifamily building, framed in Central Spaces and in a Continuous Urban Front Area Type III (PDM of Porto).
Key features:
Total land area: 128 m²
Implantation area: 91 m²
Gross construction area: 756 m²
Expected configuration:
2 basement floors (parking or other uses allowed)
6 floors above threshold level, including recessed floor for housing
Planned typologies: T0, T1 and T2, aligned with current urban demand
Project with a landscaped back façade, ensuring good ventilation and lighting
Natural on all floors
Strategic location:
Near metro station
Good access to the motorway
Excellent public transport network
Walking distance to Covelo Park
Consolidated area, with commerce, services and strong potential for appreciation
Property suitable for developers and investors looking for a project with
defined urban viability, in a central and liquid location of Porto, ideal
for residential development for sale or lease.
Energy Rating: Exempt
#ref:PREIMO001
Real estate asset located at Rua Faria Guimarães, Porto, in the central area of the city, with strong urban rehabilitation dynamics and high housing demand.
The property has a PIP with a favourable opinion from the Porto City Council, providing for the construction of a multifamily building, framed in Central Spaces and in a Continuous Urban Front Area Type III (PDM of Porto).
Key features:
Total land area: 128 m²
Implantation area: 91 m²
Gross construction area: 756 m²
Expected configuration:
2 basement floors (parking or other uses allowed)
6 floors above threshold level, including recessed floor for housing
Planned typologies: T0, T1 and T2, aligned with current urban demand
Project with a landscaped back façade, ensuring good ventilation and lighting
Natural on all floors
Strategic location:
Near metro station
Good access to the motorway
Excellent public transport network
Walking distance to Covelo Park
Consolidated area, with commerce, services and strong potential for appreciation
Property suitable for developers and investors looking for a project with
defined urban viability, in a central and liquid location of Porto, ideal
for residential development for sale or lease.
Energy Rating: Exempt
#ref:PREIMO001
Condition
Must be reformed
Finished sq. ft.
671.4 sq m
Lot Size
101 sq m
Number of Garages
1
Website URL
IMLIX ID
PREIMO001
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