Retail buy in Godim Porto

The building is more than 100 years old and was built in the early twentieth century (the project is from 1916). It is classified in the Municipality of Porto with heritage value, since it is one of the few examples of Art Nouveau existing in Porto. Between 2012 and 2016, the building was rehabilitated and today is well preserved. The building has four fronts, with main access through Rua António Carneiro. With a land area of approximately 981sqm, it consists of basement, ground floor, an upper floor and attic, with approximately 1940sqm of total construction area. With a project approved by CMP, the transformation into a hotel unit, in a Boutique hotel with 18 rooms and 11 apartments / studio, will involve 6/9 months of works and about 900,000.00 euros of investment. Tourism in Porto is an increasingly present reality in the city, and the first hotel units and new projects under development begin to appear in the vicinity of this building. The project also includes spa, reception, restaurant, indoor and outdoor lounge area and indoor garage. Castelhana is a Portuguese real estate agency present in the domestic market for over 20 years, specialized in prime residential real estate and recognized for the launch of some of the most distinguished developments in Portugal. Founded in 1999, Castelhana provides a full service in business brokerage. We are specialists in investment and in the commercialization of real estate. In Porto, we are based in Foz Do Douro, one of the noblest places in the city. In Lisbon, in Chiado, one of the most emblematic and traditional areas of the capital and in the Algarve region next to the renowned Vilamoura Marina. We are waiting for you. We have a team available to give you the best support in your next real estate investment. Contact us!