Historic House with Plans for Three Apartments in Porto Baixa

€540,000€2,673/m²

8
bedrooms
7
bathrooms
202 m²
interior
House
property type
29 May 2026
listed

The Habio take

AI summary

This spacious 8-bedroom house in Porto Baixa features approved plans for conversion into three separate apartments, presenting a unique investment opportunity. Located in the vibrant area of Porto, known for its rich history and culture, this property is ideal for those looking to make a mark in the real estate market.

investment
renovation
historic
city

Highlights

8 bedrooms, 7 bathrooms
Approved plans for 3 apartments
Centrally located in Porto Baixa
Potential for significant rental income
Historical architecture

Worth knowing

Requires renovation to realise full potential
May involve planning and construction challenges

Good fit for: Ideal for investors or developers seeking a project in a dynamic city.

Lifestyle scores

Beach: 20
Walkable: 80
Remote work: 60
Family: 50
Retirement: 55
Airport access: 70
Investment: 75
Luxury: 40
Value: 65

About this place

Old house on Rua Direita, in Caminha, with approved plans for 3 apartments.

Buying property in Portugal

Full guide →

Portugal is open to foreign buyers with no restrictions on ownership. A NIF (tax number) and Portuguese bank account are required, and most buyers engage an independent lawyer to handle searches, contracts, and the public deed.

1
Get a NIF
Apply for a Portuguese tax number (Número de Identificação Fiscal). Non-EU residents need a fiscal representative.
2
Open a bank account
Open a local account to handle the deposit, taxes, and ongoing utility payments.
3
Engage a lawyer
Hire an independent lawyer (not the seller's) to run title and planning searches.
4
Sign the CPCV
Promissory contract (Contrato de Promessa de Compra e Venda) with a deposit, typically 10–30%.
5
Final searches & funds
Lawyer confirms clean title; you transfer the balance and pay IMT and stamp duty before completion.
6
Escritura (deed)
Sign the public deed at a notary or via online platform Casa Pronta. Keys handed over.
7
Register the property
Lawyer registers the new ownership at the Land Registry (Conservatória do Registo Predial).

The Golden Visa programme no longer accepts residential real estate as a qualifying investment (changed 2023). Mortgages are available to non-residents, typically up to 60–70% LTV.

General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference