House, Campanhã, Porto

The work to be carried out on this property involves: complete demolition and a complete rebuild from scratch. The project involves the construction of a building comprising two floors below ground level for car parking and four floors above ground level, set back from the street line, for multi-family housing. Infrastructure is already in place at this site. Total land area = 1,154.23 m²; Residential area = 2,504.90 m²; Basement parking area = 1,166.02 m²; Infrastructure concession area = 113.27 m²; Sale price = €2,000,000.00 This proposal constitutes a Request for Preliminary Information (PIP) under Article 14(1) of the RJUE; a Licensing Project must be submitted at a later stage. The site is located within the Azevedo ARU, with an approved ORU, and has therefore been granted tax relief (application of the reduced VAT rate of 6%). A certificate has been obtained regarding the state of repair of the buildings to be demolished, with a rating of “Very Poor”, which entitles the project to municipal benefits.