Portugal
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Building Land in Porto, Distrito do Porto
1,100,000€
Land with Approved Project for Building Construction in Porto We are offering for sale an excellent plot of land located at Rua Direita do Viso, no. 321 to 327, Porto, with a total area of 1,068 m² (968.70 m² after transfer to the public domain). This land benefits from a privileged location, very close to the Viso metro station, the Porto Industrial Zone and the Circunvalação, ensuring great accessibility and value for money. Approved Project and Construction Potential The change to the subdivision has been approved, and the process is in the final stage for issuing fees. The architectural project includes: - Total construction area 3,964.60 m² - 6 floors above the threshold level 2,758.90 m² - 2 floors below the threshold level 1,205.70 m² - 30 apartments: - 1x T0 - 12x T1 - 16x T2 - 1x T3 - 36 parking spaces Infrastructure and Urban Development The surrounding area is currently undergoing rehabilitation through the Rua Direita program of the Porto City Council (CMP), which includes: ✔️ New sidewalks ✔️ New infrastructures ✔️ Improved access to the Circunvalação Simplified Construction Process The project already includes a complete architectural study, allowing for the submission of the Communication after payment of the fees Preliminary Building Works. According to the legislation, construction may begin within 20 working days after submission and payment of fees. Possibility of Changing the Project If you wish to increase the number of units, there are two options: 1️⃣ Go ahead with the Prior Communication using the existing project, start construction and then request an addendum to change the number of units (maintaining the approved area). 2️⃣ Change the architectural project now to increase the number of units, submitting it to the CMP for consideration. In this case, a "normal" licensing will be required, but with a more agile process, since the volume and construction area have already been approved. The architectural project is completed and ready to be submitted to the CMP. The specialties are in the final phase and will be delivered before the deed is completed. ➡️ Excellent investment opportunity in one of the growing areas of Porto! #ref: 138834.
Additional Property Information:
• Bathrooms: 99
• External size: 1,068 m²
• Size: 1,068 m²
• Reference: 138834
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