Attention real estate investors in Portugal!We have an unmissable investment opportunity in a 465 m2 T5 house, with a total land area of 945 m2 and can be used either for Renovation or for Construction of a high-rise building with an excellent return on investment.The high-rise building construction project encompasses 1500 m2, in 14 homes with garage. Architectural project already approved by the Chamber of Matosinhos in Senhora da Hora, just a few meters from the famous Norte Shopping, the largest shopping mall in the North of Portugal!The division of approved units are: T1 - 3 apartments, T2 - 9 apartments, T3 Duplex - 1 apartment and T4 Duplex - 1 apartment.To invest in the construction of a 1500m2 vertical building, the value per m2 is around €500/m2, reverted into units that can be easily sold for around €3,000 m2 after construction, which is the real sales range for new properties in that area.With an area of 945m2, this land could also be perfect for remodeling your own T5 mansion with 4 fronts, 5 bathrooms, terrace, balcony, garage, elevator, garden and a second support house entirely made of wood, which can be used to support parties or even a second home for guests. This property has a prime location in Porto, Matosinhos, Senhora da Hora, next to the ring road and just 1 minute from Norte Shopping, in addition to being close to schools, hospitals and having great access. The house under renovation has 3 floors, elevator, excellent sun exposure and an attached house with housing structure, leisure area, garden and much more.This is an incredible opportunity for both personal investment (own housing) and professional investment in housing (nursery, daycare, clinics, among others). Don't miss the chance to be part of this promising project!Senhora da Hora is a parish located in the municipality of Matosinhos, in the district of Porto, in Portugal. It is an urban location that is part of the Porto Metropolitan Area. Known mainly for its proximity to the city of Porto and its urban development. It is a residential and commercial area, with a wide range of services, shops, restaurants and cafes.Despite being a mostly urban parish, Senhora da Hora also has green areas and public spaces.The parish also has a privileged location in terms of accessibility. It is well served by public transport, including the metro network, which facilitates connection with the city center of Porto and other neighboring locations.In summary, Senhora da Hora is an urban parish that offers a variety of services, commerce and a strategic location close to the city of Porto.Book your visit now. We provide architectural design details for your review.