Hotel Development Property with Approved PIP in Freixo, Porto

About this Listing

This property was selected and recommended by Porameta for its valuable investors. An exceptional hotel development opportunity in the Freixo/Campanhã area of Porto, offering a 1,286 m² development site with an approved PIP for the construction of a contemporary 28-room hotel. The approved project provides for five floors above ground level, approximately 2,160 m² of gross construction area, a 733 m² building footprint, 553 m² of green areas, and a maximum height of 12.3 metres. The total planned construction volume is approximately 9,645 m³. The PIP is approved but non-binding, and according to the listing, there may be potential for a larger volume and additional rooms subject to further approval. The property is positioned in an area undergoing significant urban redevelopment, close to Campanhã railway station, the Douro riverfront, Porto's historic centre, and the main road network. The location is also adjacent to the planned Porto Cultural Centre, described in the listing as a major cultural development designed by Japanese architect Kengo Kuma. The combination of transport connectivity, proximity to the Douro, and the area's emerging cultural and tourism profile makes the site suitable for a contemporary hospitality development. Offered at €2,500,000, the property is suited to hotel operators, real estate developers, and investment groups seeking a development project rather than an existing operating hotel. The transaction concerns the development property and approved planning framework; there is no existing hotel business, operating revenue, guest inventory, or hotel management operation included in the listing. This property was listed by Susana Costa Campos as the original product provider. For interested parties, please contact Susana Costa Campos directly with the details below: Phone: +351 961 624 028 Email: susana.costacampos@kwportugal.pt