Porto, Gebäude for sale

The building is currently composed of 7 short-term rental units, a retail store that generates €4,000 in monthly income (lease valid until June 2026), and an empty 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, garden courtyard, and terrace.
- Option 1 - Sell the property with the approved hotel project, ready for construction.
- €3,700,000 (three million seven hundred thousand euros), considering the property in its current state, with an approved project, ready to commence construction.
- Option 2 - Sell the property after construction completion
- €5,000,000 (five million euros), on a 'turnkey' basis, with the construction fully completed.
Sell the fully developed property with long-term leasing to a solid operator
Keep the asset to generate long-term passive income, with a solid tenant/operator.