Álvares Cabral 115 is a historic building located on a street of architectural heritage. Very centrally located, this street has aroused the interest of several companies that have set up their headquarters here, tourists looking for charming guest houses and hostels and those looking to return to live in the centre of Porto.
Property from 1906, in a street with history, recovered in 2017 with the maximum preservation of the architecture and the original elements of the house (worked plaster ceilings, floors, benches, wood, interior doors and windows, etc...) and concern with comfort, modernization and environmental harmony through:
- lacquered wood frames with double glazing of 8mm and 5mm and argon atmosphere (Guardian Sun by Saint Gobain);
- Thermal insulation of walls with Styrofoam and netting. Thermal insulation of all
roofs with "roofmate" and "onduline" subtile;
- Completely new water and electricity installation;
- installation of central heating throughout the house powered by a wood-fired boiler that also feeds the domestic hot water in winter;
- Installation of a photovoltaic solar energy production system for self-consumption;
- Indoor air conditioning by a "Canadian well" type forced air geothermal system;
- very quiet multi functional garden in the center of Porto.
Main Features of the Property:
Property is developed as follows:
15 rooms; Plot of 225m2 ; Implantation of 125m2; Gross Built Area: 506m2 ; Gross Private Area: 492m2 ; Gross dependent area: 15m2 .
Basement: we find a space prepared to be partially transformed into a garage for 2 medium cars or enjoy a large lounge, as is currently the case, other rooms for storage or bedrooms, direct access to the outdoor patio/garden.
Garden: pleasant landscaped outdoor space, about 100 m2 .
Ground floor: 3 lounges / divisions, one of them the dining room and the other the living room, bathroom, fully furnished and equipped kitchen, direct access to the patio/garden.
1st Floor: 4 living rooms / divisions of which a suite with walking closet, another bedroom with study/toy room, full bathroom and balcony.
2nd floor: 4 rooms / divisions of which we have an office and another large space to support it, full bathroom, plus 2 bedrooms.
Property Potential:
- Local Accommodation, Guest House or Charming Hotel;
- Transformation into apartments (between 8 and 9), immediate profitability in the sale of apartments or in long-term lease and tourist lease (average sale values on the street of new T1 - 4100€ m2);
- Corporate Headquarters; Clinic, Offices, Coworking, Student Residence, Coliving.
History, Location and Surroundings:
- Rua de Alvares Cabral, of national public interest and case study!
- 200 meters from Praça da República;
- 200 meters from Rua de Cedofeita;
- 400 meters Metro Lapa;
- 560 meters from Rotunda da Boavista;
- 700 meters from Trindade;
- 900 meters from the Town Hall Square or Town Hall;
- 1000 meters from the D. Luís I Bridge, Riverside Area;
-1600 meters from the mouth of the Douro;
- 12 km from Porto Airport.
Come and make your visit and offer!
We are available to welcome you. See you soon!