Building for sale in Porto

Featured by the architectural style from the beginning of the 20th century, this building is part of a set of 2 identical buildings inserted into the urban fabric at the north end of the street. 

Originally designed as a two-family residential building, consisting of a house on the ground floor and another on the 1st floor and attic, it is currently in an advanced state of degradation and in need of total rehabilitation. 

Located in the heart of the city, on a quiet street with several examples of urban rehabilitation underway, its insertion in the ARU area allows reconstruction to be undertaken in the context of the respective support and tax incentives, namely in terms of VAT (23% reduction for 6%), IRS and IRC, exemption from IMI (period of 3 to 5 years) and exemption from IMT on the first onerous transmission. 

Facing Rua Moreira da Assunção, to the east, it also has a pedestrian connection to Rua de Santa Helena, provided from the patio, to which the rear façade, to the west, opens. 

This building, in total ownership with no floors or divisions susceptible to independent use, therefore presents a high investment potential, both due to its location and the flexibility of adaptation to various uses (single-family or two-family housing, AL, offices and services, etc.).