Charming Building Overlooking the Douro River – Fontainhas, Porto
We present an excellent investment opportunity in one of Porto's most sought-after and highly valued areas: the iconic Fontainhas district. Located on Rua Gomes Freire, this building features a traditional Portuguese design, distinguished by an elegant masonry façade clad in *azulejos* (traditional tiles) that preserves the architectural character typical of the city. It offers stunning views of the Douro River and the Vila Nova de Gaia escarpment.
The property comprises four residential floors, with a total private gross area of 423.60 m² and a building footprint of 105.90 m². The current layout includes: • Ground floor: 4 rooms • 1st floor: 7 rooms • 2nd floor: 6 rooms • 3rd floor: 7 rooms
This building holds immense potential for renovation and value appreciation, making it ideal for investors looking to develop a residential project, tourist apartments, short-term rentals, or student housing. It currently has two tenants (ground floor and 2nd floor), generating a total monthly rent of €630.00.
Its prime location offers quick access to Porto’s city center (Baixa), Campanhã station, the metro, shops, services, universities, and the city's main thoroughfares. The combination of a strategic location, generous floor area, and traditional architecture makes this property a rare opportunity in the Porto real estate market. For further information, a feasibility study, or to schedule a visit, please contact: 968 472 587 (Rui Costa).
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