House in Circunvalação, 650m from Hospital de S. João and IPO

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House in Circunvalação, 650m from Hospital de S. João and IPO 465.000 € Ref: 2357-B

280 m²

House with Development Plot | Renovation or Residential Development Opportunity | 500 m from S. João Hospital

Ref.: 2357-B

An excellent investment opportunity in one of the most sought-after residential areas of the Porto Metropolitan Area.

Located just 500 metres from S. João Hospital, the IPO Oncology Institute, the University Campus and the Metro Station, this property offers exceptional potential for developers, investors or anyone looking to undertake a renovation or residential development project with strong capital appreciation prospects.

The property comprises a traditional-style house, arranged over ground floor, first floor and outbuildings, set on a plot of approximately 230 m².

Development Potential
According to the existing feasibility study, the property offers several development possibilities, including:

Renovation of the existing house while preserving its distinctive English-inspired architecture;
Conversion into a room rental project, student residence or accommodation for healthcare professionals;
Potential to create approximately 10 to 12 bedrooms, subject to planning permission and licensing;
Potential for the construction of a residential building comprising Ground Floor + 3 Storeys;
Feasibility study for the development of 8 one-bedroom studio apartments (T1 Kit) and 1 studio apartment (T0), subject to approval by the relevant planning authorities.

Location
The property's location is one of its greatest assets.
Situated next to the Circunvalação Ring Road, in a well-established area with consistently high residential demand, it benefits from close proximity to:

S. João Hospital;
IPO Porto (Portuguese Oncology Institute);
University Campus;
Hospital de S. João Metro Station;
Multiple public transport connections;
Supermarkets, pharmacies, schools, gyms, restaurants and local shops;
Excellent road access to Porto, Matosinhos, Maia and the region's main motorways.

An Outstanding Investment Opportunity
The strong demand for housing in this area, driven by its proximity to the largest hospital and university hub in northern Portugal, makes this property an excellent opportunity for renovation projects, residential development or investment in the rental market.

A property offering a prime location, excellent potential for capital appreciation and a wide range of development possibilities.

Contact us for further information, to review the feasibility study or to arrange a viewing.

Property Type House

Typology 3 Bedrooms

Objective Sell

Condition To be recovered

Price 465.000 €

Year of Construction N/A

Country Portugal

District Porto

County Porto

Parish Paranhos

Zone Porto

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