Building for rehabilitate near Praça dos Leões

Centenary 18th century building for refurbishment in the heart of the UNESCO-listed city of Porto. This unique property offers an unparalleled investment opportunity just a few steps from the iconic Carmo Church and the vibrant city center area. Perfectly positioned in Porto's coveted ARU Zone (Urban Rehabilitation Area), this property comes with exceptional tax benefits, including IMT exemption and simplified licensing for requalification, making it a dream project for discerning investors. Currently at 133m² and with the potential to expand to over 300m², this blank canvas presents endless possibilities for creating luxury apartments, premium tourist rentals (AL) or exclusive commercial spaces - all in one of Europe's most sought-after real estate markets. The incessant growth of tourism in Porto guarantees a strong demand for rentals and excellent resale value, ensuring that your investment continues to appreciate. The building's historic charm combined with its central location and potential for expansion creates a rare chance to develop something truly extraordinary in the city's most prestigious district. Properties like this, with such a privileged location and development potential, are extremely scarce on the market. Whether you are an international investor, experienced developer or visionary entrepreneur, this is your moment to secure a high-growth asset in a city that continues to captivate the world's attention. The asking price reflects the exceptional return on investment potential that this property possesses. 2 floors, with a total of 133 m².