Description

JLL as advisors are pleased to present the Preciosa Studios development opportunity located in Circunvalação, Porto. This asset represents a unique opportunity to invest in a strategically positioned property within one of Porto’s most prestigious business hubs, closely situated to NorteShopping and prominent office and retail developments.

Preciosa Studios offers a plot area of 493 sqm with a GCA of 2,333 sqm, including an external area of 81 sqm. The project consists of 33 residential units spanning 3 floors above ground and provides dedicated parking with 33 units over 3 floors below ground. The architecture is fully approved, ensuring a seamless transition from acquisition to development execution.

The property's strategic location enhances its attractiveness, benefiting from excellent accessibility to key transport links such as Estrada da Circunvalação, A28, A20, and A4. Its vicinity to the major retail and business hubs ensures a high demand for residential units and additional service offerings. Past approvals for alternative service projects add flexibility to tailor the development to market needs.

This development opportunity is poised for long-term growth, leveraging Porto’s flourishing real estate market. Investors can anticipate robust cash flow stability and potential value creation through immediate development and strategic positioning in a rapidly expanding area. Submit your non-binding offers today to secure this high-value investment.

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