New Development COVELO PARK
Porto, Porto District, PortugalGet personal advice
Engel & Völkers Porto Cidade
+351 225 323 690
D-000LFS – This is the Engel & Völkers property ID, your agent might ask for it.
Dania Menezes
Todos no Mundo - Mediação Imobiliaria Lda.
License partner of Engel & Völkers Residential GmbH
D-000LFS
Development, Buy
Porto, Porto District, Portugal
Development, Buy
Porto, Porto District, Portugal
Equipment and special features of this Development Project
The new COVELO PARK residential condominium is located on a plot of about 2000 m² between Rua de Álvaro Castelões and Travessa do Monte de S. João, opposite Parque do Covelo.
The project includes 3 buildings:
- Building A: entered from Travessa do Monte S. João, with 5 floors;
- Building B1: with an entrance on Travessa do Monte S. João, with 5 floors;
- Building B2: with entrance on Rua de Álvaro Castelões, with 4 floors.
The garage, entered from Travessa do Monte de S. João, has 49 parking spaces for the apartments, ready for charging electric vehicles.
Price from
€310,000
Bedrooms from2
Living area from83 m²
Total Area from95 m²
Gallery of the development project
Porto: location and surrounding area of the Development Project
The COVELO PARK residential condominium has a unique location, facing Covelo Park, on Rua de Faria de Guimarães and its access to Porto's internal ring road (accesses A1, N13, A3, A4 and A28).
The 8-hectare Covelo Park is the result of the old Quinta de Paranhos, bought in the 20th century by a merchant, José do Covelo, who gave it its current name. The farm was donated to Porto City Hall, which manages the space available to the public.
In 1987/88, the quinta was restored on the basis of a project by architect Castro Calapes. The playground was designed by architect Célia Peralta. It also houses an environmental education center and a dog park in a delimited area with street furniture and some facilities that make it very pleasant for animals and their owners to pass through.
This is a consolidated residential area, very close to Avenida dos Combatentes, Marquês, Constituição and the University Pole, very well served by public transport (buses and metro - Marquês, Combatentes and Salgueiros), indicating a high and secure potential for development.
Floor plan
Commission Details
Planned start of construction: June 2024; Deeds expected: March 2026; Payment terms: - 20% on CPCV; - 15% on completion of the structure; - 15% with the window frames; - 50% on deed.