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£262,491* (€305,250)From

Studio

Rua de Álvares Cabral, 4050-040, Porto, Portugal

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Studio
0 bedroom
0 bathroom

Property features

  • Breakfast Area
  • Hardwood Floors
  • Dishwasher
  • A/C units
  • Dining Area
  • Abundant Closets
  • Elevator
  • City View
  • Skylight
  • French Doors

Property description

About the project:

The Álvares Cabral building is located in a strategic point in the center of Oporto. This exclusive place, breathes the classicism and modernity of an area marked by important examples of architecture of ancient styles and periods that have been preserved, such as the building of the Order of Architects. Because of their historic and cultural value, buildings on Álvares Cabral Street were classified as Public Interest.

The urban context in which the building is inserted, Álvares Cabral Street in the parish of Santo Ildefonso, contains historical interest, which will guide the principles of our intervention.

Just a short walking distance from this building will lead to the famous Cedofeita shopping street, Boavista Roundabout, the grand Aliados Avenue, and the prestigious Music House, making it a privileged location in terms of access, services, and proximity to the Historic Center of the City.

About the units:

Four (4) Units (Studio) – they are all open plan with possible development potential to become 1 bedroom. All have private balconies with unique views on to Rua Álvares Cabral.

All external and internal facades of the building will be modernized and rebuilt in the classic and relevant historical / architectural style, using the best materials for this exclusive project.

Two units (2 x 1 bedroom) – created from the building’s development potential, where you can explore two levels with mezzanine.

Amazing views of Oporto are offered by the windows and private balconies – a unique advantage point creating a beautiful and private connection with the city surroundings. There is the possibility of renting a garage near the building with protocol already established.

Availability:

Unit 1 A |Floor 1 |Studio |Internal Area: 511,28 ft2 (47,50 m2)|Balcony: 13,99 ft2 (1,30 m2)|Asking Price: 305.250 euros

Unit 1 B |Floor 1 |Studio/1 bedroom |Internal Area: 569,41 ft2 (52,90 m2)|Flowerbed: 78,57 ft2 (7,30 m2)|Terrace: 76,42 ft2 (7,10 m2) |Asking Price: 407.000 euros

Unit 2 A |Floor 2 |Studio |Internal Area: 447,77 ft2 (41,60 m2)|Balcony: 21,52 ft2 (2 m2)|Terrace: 43,05 ft2 (4 m2) |Asking Price: 309.000 euros

Unit 2 B |Floor 2 |Studio/1 bedroom |Internal Area: 569,41 ft2 (52,90 m2)|Balcony: 19,37 ft2 (1,8 m2)|Asking Price: 334.400 euros

Features:

  • Flooring: Solid pine flooring varnished

  • Sanitary (Walls and pavement): Carrara Marble softened and underfloor heating

  • Kitchen (Floor and worksurface) Carrara Marble softened

  • Kitchen appliances: Siemens

  • Electrical equipment: Dooxie - Legrand

  • Domotic System

Under construction (ready in February 2022) Images are 3D renderings.

This property is eligible for the Golden Visa, which grants buyers and their family members the right to live, work and study in Portugal and permits free movement in Europe’s Schengen Area. Opportunities to become a permanent resident or citizen are possible after five years. We have partners that can support through the Golden Visa process.

Architectural concept:

Emblematic building, located at Álvares Cabral Street in Porto, built at the beginning of the sec. XX by the master-builder Manuel Alves Ferreira, author of other buildings on the same street.

It offers the most notable contemporary architecture solutions while integrating an imposing palace from the beginning of the last century. Its interiors were resized and redesigned to promote a contemporary lifestyle, focusing on comfort and good taste, in every detail, in every corner.

The apartments are a very exclusive space. With only 7 residential choices designed with unique characteristics, and with the architectural mastery that privileges comfort, harmony, and quality. Here, each detail was conceived as a dream scenario to later become reality, idealized and planned by the prestigious Architect Fernando Faria.

About the location:

Oporto is the city of the moment – the regional economy is currently growing rapidly due to the increase in tourism. It is one of the safest cities in Europe, which contributes to the high standard of living experienced by its residents.

The growth and development of the real estate market have been directly influenced by the global recognition of the Oporto brand. The Francisco Sá Carneiro Airport (situated just 11 km from the city center) facilitates the flow of visitors and tourists and was voted the ‘Best European Airport’ in 2018.

Oporto is currently one of the most exciting cities in Europe with the potential for growth and ROI. Its unique architecture, urban heritage, and geographical location make it the ideal place for real estate investment. Capital and gateway to the north of Portugal, Porto is both the city that provided a nation with a name and a fortified wine known worldwide: port.

With its splendid geographical location on the mouth of the river Douro and architectural heritage of exceptional quality, the historic center of Porto was declared UNESCO World Heritage in 1996. Porto is the capital of the North and the second-largest city in the country; its hard-working inhabitants are noted for their commercial enterprise, always standing firm against outside impositions and foreign invaders, which explains why Porto has become known as the «unvanquished» city.

In addition to its history, any visitor to Porto will be quickly impressed by the forceful character both of the city and its inhabitants.

If you want to get to know the city better, we recommend a gentle stroll through its streets, taking time to admire the typical granite houses and monuments, enjoying a tram ride along the banks of the river, or even going for a boat ride under the city ́s six bridges, from where you can enjoy an entirely different view of the city. These itineraries seek to demonstrate the impressive contrasts this city has to offer. The "Baixa (Downtown)" of Porto, with all the rhythms of city life, its movement, and intense retailing. There is a very peculiar expression that bestows a Nordic, mercantile tone onto a city that is both spiritually and intensely baroque. In sharp contrast, in the Serralves Park, there is the sheer modernity of the building housing the Museum of Contemporary Art, and the romantic, soothing surroundings of the surrounding leafy park.


 

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    *Based on an exchange rate of 1.1629 from GBP to EUR last updated on May 26, 2021

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