Porto, 966 m² Gebäude for sale

The building currently consists of 7 short-term rental units, a commercial shop generating €4,000 in monthly rent (lease valid until June 2026), and a vacant office building, interconnected. The total approved construction area is 1,004 m².
A complete architectural project has been approved to convert the entire property into a boutique hotel with 17 rooms and apartments, including a restaurant, courtyard with garden, and terrace.
- Option 1 - Sale of the property with the approved hotel project, ready for construction.
- €3,700,000.00 (three million seven hundred thousand euros), considering the property in its current state, with an approved project, ready to start construction.
- Option 2 - Sale of the property after completion of construction.
- €5,500,000.00 (five million five hundred thousand euros), turnkey regime, with the construction fully completed.
Sell the fully developed property with long-term leasing to a strong operator.
Maintain the asset to generate long-term passive income, with a solid tenant/operator.