Architectural design approved for residential development in Paranhos

We present an approved architectural design for a residential development located in Paranhos, aimed at investors and developers seeking high returns, urban planning certainty, and flexibility in execution.

The project includes a total of 21 residential units, distributed as follows:

*6 studio apartments
*4 one-bedroom apartments
*11 two-bedroom apartments
*11 parking spaces

The architectural plans have been fully approved, allowing the buyer to proceed immediately to the next phase. The engineering plans must be developed by the purchaser and submitted to the Porto City Council by September 2026.

Regarding building permits, the estimated cost is €164,000.00, corresponding to approximately €7,800 per unit.

The location benefits from:

*Well-established accessibility

*Good public transportation connections

*Proximity to the city’s main thoroughfares

*A diverse range of retail and dining options

*Stable rental demand from students and young professionals

*Appreciation potential associated with ongoing urban development projects in the area.

All technical and financial documentation is available upon expression of interest. A presentation session with the architect in charge can also be scheduled to clarify the concept, technical solutions, and implementation timeline.

Note: The owner does not accept exchanges.

Schedule your meeting today and invest with us in your next project in Porto.

BIS3 Imo
www.bis3imo.pt
AMI 20902