Description
We present for sale an excellent plot of land suitable for the construction of 30 high-rise apartments:
- 1 x Studio
- 12 x 1-bedroom
- 16 x 2-bedroom
- 1 x 3-bedroom
This plot of land benefits from a prime location, very close to the Viso metro station, the Porto Industrial Zone, and the Circunvalação (Circular Road), ensuring great accessibility and investment value.
Approved Architecture and Construction Potential
The subdivision modification and architectural design have been approved:
This modification was made based on the architectural design.
This architectural design is complete, meaning that, after payment of the fees, it is possible to submit a Prior Notice of Building Works, simultaneously submitting the architectural design, specifications, and elements for the issuance of a building permit. According to the law, after submission of this Prior Notice and payment of the fees, construction work may begin within 20 business days.
It includes:
- Total construction area of 3,964.60 m²
- 6 floors above ground level: 2,758.90 m²
- 2 floors below ground level: 1,205.70 m²
- 30 apartments:
- 1 x Studio
- 12 x One-Bedroom Apartments
- 16 x Two-Bedroom Apartments
- 1 x Three-Bedroom Apartments
- 36 parking spaces
Infrastructure and Urban Development
The surrounding area is currently undergoing rehabilitation through the Porto City Council's (CMP) Rua Direita program, which includes:
✔️ New sidewalks
✔️ New infrastructure
✔️ Improved access to the Ring Road
Simplified Construction Process
The project already includes a complete architectural study, allowing for the submission of a Prior Notice of Construction after payment of the fees. Building Works. According to the law, construction may begin within 20 business days after submission and payment of fees.
Possibility of Project Modifications
If you wish to increase the number of units, there are two options:
1️⃣ Proceed with the Prior Notice using the existing project, begin construction, and then request an amendment to change the number of units (maintaining the approved area).
2️⃣ Make changes to the architectural design now to increase the number of units, submitting it to the City Council for review. In this case, a "normal" permit will be required, but with a more streamlined process, as the volume and construction area have already been approved.
The architectural design is completed and ready for submission to the City Council. The special features are in the final stages and will be delivered before the deed is finalized.
➡️ Excellent investment opportunity in one of Porto's growing areas!
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