Building Sale PortoCedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória, Porto

A hotel project on one of Porto's most emblematic streets.

On Rua do Almada, in the heart of Porto's Baixa district, an investment opportunity arises for the development of a charming hotel unit, in a location where the city's authenticity intersects with its growing tourist and international appeal.

Known for its historical character, traditional architecture, and diverse commerce, restaurants, and creative spaces, Rua do Almada has become one of the most interesting streets in downtown Porto.

Investment project for the development of a hotel unit, with approved licensing, which includes the construction of a 3-star hotel-apartment, with the potential to be adapted to a 4 or 5-star rating, while maintaining the 28 accommodation units.
Main features:
- 28 studios, with areas ranging from 27 m² to 43 m².
- Total construction area: approximately 1,500 m².
- Ground floor: cafeteria and multipurpose space, open to guests and the general public.
- Private yard: approximately 225 m².
- Project for the demolition of the existing building and reconstruction of the main building.

Licensing status
The architectural design and specialist plans have been approved; we are only awaiting the issuance of building permits by the local authority.

Potential for appreciation
The building meets the necessary conditions for a possible adaptation into a higher category hotel unit (4 or 5 stars), including the possibility of providing services and parking through a lease agreement, maintaining a capacity of 28 units, subject to validation of applicable requirements.

An investment opportunity in the center of Porto.
The combination of a central location, an approved project, an operational scale of 28 units, and the possibility of positioning in different hotel categories gives this asset particularly attractive characteristics for investors and tour operators.