Building in central Porto
Property description
The São Lourenço building is located on the well-known Rua de Cedofeita, in the union of the parishes of Cedofeita, Santo Ildefonso, Sé, Miragaia, S. Nicolau and Vitória, in the city of Porto, where it is part of the so-called “Downtown” - the heart of Porto's historic center.
It is close to practically all of the city's main points of interest, including the Clérigos tower.
Its surroundings are of particular interest, with some of the most prestigious condominiums in the city: Jardins de Cedofeita and Palacete de Cedofeita.
It is located in an area of historical interest, with all the benefits attributed to this fact (building in a historical area with ARU zone benefits).
The area in which the building is located is in an ARU zone (Urban Rehabilitation Area) which provides for a series of tax benefits, such as VAT at 6% for construction (reduced rate), among others such as the IRS benefit with a reduced rate of 6%, which will be delivered with a new inspection on site to check the evolution of the state of conservation of the property after the work is completed - IMI/IMT/IRC/IRS Tax Benefits.
This is a building with the potential to develop a new project as well as the possibility of restoring the current building, whose 253 M2 construction area can be increased in height and volume.
It has a total plot area of 307 M2, with the rear façade facing a green area considered a reserve in the city of Porto, whose historical connection takes us back to the goldsmiths' workshops of the last century.
Inside you'll find a challenge for your creativity to recover, a staircase of singular beauty as well as a beautiful skylight and an exposed granite wall.
Its front facing Rua de Cedofeita benefits from a commercial and historical environment that is well marked by the peculiar characteristic of being a street that combines mixed traffic and pedestrian access.
In recent years, Rua de Cedofeita has undergone a great deal of urban regeneration, with several prestigious real estate investments being developed. The new façades and a wider range of residential and commercial properties have made life in the Invicta city more dynamic.
Leisure, Culture and Points of Interest:
- Café Majestic
- House of Music
- Casa da Rua da Alfândega Velha or Casa do Infante
- Historic center of Porto
- Passeio das Virtudes
- Porto Coliseum
- Rua Santa Catarina
- Rua das Flores
- São Bento Station
- Lions Fountain
- Santo António Hospital
- Hotel D. Henrique
- Church of Santo Ildefonso
- Church of São Bento da Vitória and Monastery of São Bento da Vitória
- Clérigos Church and Clérigos Tower
- Lello Bookshop
- Bolhão Market
- Ferreira Borges Market
- Luís Bridge
- Ribeira Square and Quay (including São João and Infante D. Henrique streets)
- Rectory of the University of Porto
- Porto Cathedral
- São João National Theatre
Come and see this magnificent building and embrace an excellent investment opportunity!