Description
Building for Refurbishment with Potential for Hostel or Local Accommodation | Rua da Boavista | Harbour
Premium Location in the Heart of Porto
We present a rare opportunity in the market: a building for total refurbishment, with the potential to install up to 16 Local Accommodation (AL) units or a modern hostel, located in a privileged location in the centre of Porto - one of the European cities with the highest tourist growth in recent years.
Key features:
Generous gross area, with ideal structure for transformation into multiple units;
Possibility of creating between 12 and 16 AL units, studios or rooms, depending on the desired business model;
Property with preserved historic facade, ideal for projects that combine authenticity and modernity;
Flexible licensing, with feasibility of tourism or housing projects;
Located in a central area and with high tourist traffic, close to subway stations, tourist attractions, restaurants, shops and nightlife;
Excellent sun exposure and easy access, including public transport and quick connections to Francisco Sa Carneiro Airport.
Investment Potential:
Ideal for those looking to invest in a scalable AL project or a differentiated boutique hostel;
High profitability ensured by the strategic location and strong tourist demand throughout the year;
Opportunity to requalify a property with history and adapt it to the new trends in urban accommodation.
Don't miss this golden opportunity in Porto!
Contact us for more information, schedule a visit or learn about the preliminary feasibility study for the transformation of the space.
Energy Rating: E