Building in Porto with 488 m²

In the heart of the city of Porto, on the iconic Rua da Alegria, this urban building under horizontal property regime is set for both commercial and residential use. Comprising a ground floor and three upper levels, it includes a total of four autonomous units. The horizontal property was established in 2000, and the building itself dates from before 1951, preserving the distinctive character of traditional Porto architecture, combined with a setting in continuous appreciation.

Its location is undoubtedly one of its main highlights: situated in one of the city’s most traditional and dynamic areas, it benefits from close proximity to the historic centre, riverside areas, and several of Porto’s key cultural, tourist, and commercial points of interest.

On the ground floor, there is a commercial unit with a generous area of 117 sqm, offering excellent potential for a wide range of business activities, benefiting from strong visibility and pedestrian flow in the surrounding area.

The upper floors — first, second, and third — each feature a three-bedroom apartment (T3), with 124 sqm of private gross area, offering a functional and well-balanced layout. Each residential unit includes a living and dining room, independent kitchen, pantry, and a balcony accessible from both the living room and kitchen, providing natural light and outdoor connection. The entrance hall and corridor are wide and spacious, ensuring comfortable circulation. In the private area, there are three bedrooms, one of which has a balcony, as well as two full bathrooms (one with a bathtub and the other with a shower base). Each apartment also benefits from two storage areas, enhancing practicality.

It should also be noted that the building requires maintenance and some renovation works, representing an excellent opportunity for value enhancement. The potential for intervention allows the property to be adapted to various strategies — from upgrading the existing units to reconfiguring them for investment purposes, such as long-term rental or short-term/tourist accommodation — fully leveraging its prime location.

Transport & Accessibility:

• 50–200 m – Several STCP bus lines

• 650 m – Marquês Metro Station

• 900 m – Faria de Guimarães Metro Station

• 1,400 m – Access to the Porto–Lisbon highway and the Via de Cintura Interna

Commerce & Services:

• Located in a prime area, it allows you to fully enjoy the charm of Porto’s city centre, with a wide range of restaurants, bakeries, cafés, terraces, local shops, traditional markets, and a vibrant nightlife.

• Just 500 m from the well-known Santa Catarina Street, home to Via Catarina Shopping Centre, traditional retail stores, and the renowned Bolhão Market.

This property represents a solid opportunity, whether for investment or future appreciation, combining a strategic location, versatility of use, and the distinctive charm of the city of Porto.