Paranhos, Vila Real

We present an excellent investment opportunity in the heart of Porto, on Rua Costa Cabral, close to the Faculty of Engineering of the University of Porto.This plot of land, measuring 301 m, has an approved project for a collective housing building with a total of 9 units, guaranteeing a high potential for appreciation.Project Features:Approved construction area: 824.3 mPlanned expansion: 541.02 mAuthorized deployment area: 204.26 mNumber of floors: 5 floors above the threshold level + 1 floor below the threshold levelHeight: 11.42mInserted in the OT Territorial Unit Central Area, the project respects the abstract buildability of 208.40 m, in accordance with Article 134 of the Porto PDM Regulation.The project was approved under the Simplex Law, which means that the architectural project was approved without the need to immediately submit specialty projects (such as structures, water and electricity). This simplification allows the investor to organize these steps later, without a fixed date, making the process more flexible. This reduces the waiting time to start the work and ensures faster progress in construction.Privileged location, with easy access to services, transport and consolidated urban infrastructure. Excellent option for developers and investors looking for a project ready to advance in Porto's dynamic real estate market.Get in touch for more information!