- Size: 465.42 m²
- Price: €550,000
Building with an Approved Project in the Historic Centre of Matosinhos, on Rua Brito Capelo
Here is a building for full refurbishment on the iconic Rua Brito Capelo, right in the centre of Matosinhos, one of the most desirable and dynamic locations in the town.
The property stands out not only for standing on one of the busiest and best-known historic streets in the town, but also because it has additional access from Rua Roberto Ivens, an advantage that adds versatility, ease of circulation and new possibilities to the project.
It comes with an approved architectural project providing for 7 apartments and one retail unit, distributed along the building and the yard at the rear. The design makes intelligent use of the depth of the plot, delivering modern, functional housing units suited to the demands of today's market.
With a substantial street frontage and a narrow, deep plot typical of this traditional area, the approved project makes it possible to turn the building into a contemporary, efficient and highly attractive residential scheme, whether for sale, long-term letting or short-stay accommodation. It is a particularly appealing investment in a municipality where demand for housing, especially in prime locations near the metro, continues to far outstrip supply.
Rua Brito Capelo enjoys a lively urban setting, with local shops, restaurants, services, schools and an excellent public transport network. A few minutes' walk away are the Matosinhos Market, the Town Hall, the Brito Capelo metro station and the whole coastal area - all of which make this address extremely sought after by Portuguese and foreign residents alike.
Against a backdrop of steadily rising property values in Matosinhos, this building is an exceptional opportunity to develop a distinctive product on one of the most emblematic streets in the municipality. Whether for experienced investors or for anyone looking for a sound project with strong return potential, this property has everything needed for a highly profitable venture.
A premium location, an approved project and an expanding market: the ideal combination for investing with vision and strategy.
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