Building

By buying this building in Rua da Fontaínhas (Porto), you are investing in a property to remodel completely.

Starting with the areas, the building is located on a plot of 230m2 and has a covered area of 377m2.

The property is intended for housing and is divided over 4 floors, which are the ground floor, 1st, 2nd and 3rd floors. According to the description of the building in Caderneta Predial, this is a 4-storey house with a ground floor, shop and a division, 5 divisions on the 1st floor, 5 divisions on the 2nd floor, 5 divisions on 3 Floor, yard and outbuilding.

The property is structured as follows:
- Floor 0: It is vacant and has the possibility of a studio in the front and a studio in the rear already recently renovated and ready to monetize;
- Level 1: It is rented to 2 long-term tenants, without possibility of updating of rents;
- Floor 2: Is vacant, in need of refurbishment and has the possibility of making 2 apartments (T0 + T1);
- Floor 3: Is vacant, in reasonable condition and can be monetized immediately or possibility of making 2 apartments (T0 + T1);

There is the possibility of climbing a floor, since the building on the side, which is being rehabilitated, is inserted in an extension work.

Please be advised that visits to rented apartments are subject to renters availability and must be scheduled one week in advance, except for floors that are free, where the visit can be scheduled more easily.

Contact us for more information about this building at Rua das Fontaínhas (Porto). We will be happy to clarify all the information of this property.

(i) Due to the recent alteration of the legislation on energy certification of buildings (Decree-Law No. 118/2013, of 20 August) and the high number of ongoing processes, the energy certificate of this property has already been requested, but finds are under consideration and under development by the competent authorities.

NOTE: As of July 1, 2018, according to the Bank of Portugal´s new recommendations for mortgage lending purposes, the bank may only finance a maximum of 90% of the lower of the acquisition or appraisal value. of the property.

If you are a real estate agent, this Building is available for business sharing. Do not hesitate to present to your buyer customers and talk to us to schedule your visit.