Prime Boutique Hotel Investment in the Heart of Porto Located on one of Porto’s most desirable tourism corridors — connecting the historic city center to the Douro riverfront — this property offers a rare opportunity to acquire a centrally positioned asset with immediate income and significant development upside. Just steps from São Bento Station, Ribeira, the Cathedral, and key cultural landmarks, the location ensures strong year-round demand and long-term value appreciation. Existing Asset + Development Potential The property consists of two interconnected buildings: Front Building (Fully Operational): 7 residential units currently operating with high occupancy Ground-floor retail space with strong visibility (with potential to be converted into a restaurant) Generates immediate income from day one Rear Building (Value-Add Opportunity): Vacant structure connected to the main building Approved architectural concept allows for the creation of additional accommodation units Includes a private patio and potential for a rooftop terrace, enhancing guest experience and overall asset value Approved Boutique Hotel Project The property benefits from an approved architectural project for a boutique hotel, offering a clear path for repositioning the asset into a higher-value hospitality concept. The layout and dual-building configuration provide flexibility for various strategies, including boutique hotel or aparthotel use. Investment Highlights Prime location along a key axis between the historic center and the Douro riverfront Existing income-producing asset (7 units + retail) Clear upside through development of the rear building Potential to create rooftop terrace and enhanced guest amenities Strong tourism fundamentals in Porto High potential for capital appreciation and operational optimization Additional Information A rare opportunity to secure a centrally located property combining stable current income with significant future development potential in one of Porto’s most sought-after micro-locations. Full Professional Support At iad Portugal/International, we accompany the entire purchase process, from the initial phase to the final deed. All contractual acts, including the promissory contract (CPCV), are carried out in the presence of a lawyer, ensuring full legal security. Whether you live in Portugal or abroad and wish to invest in Porto, we are ready to provide a fully personalized service. Contact us for more information. It will be a pleasure to assist you with this investment.