Building for refurbishment with 469 sqm of gross construction area and 300 sqm private garden, with approved project for guesthouse, situated on the first line of the Douro River, in Porto. The project, with validated approval and designed by Architect Miguel Cardoso, envisages transforming the building into a guesthouse with 8 premium suites, all with views over the Douro River, including reception, support bar and lounge, lift, and private garden distributed over 4 levels. The main level, with approximately 90 sqm, stands out for its water feature and leisure area with privileged views over the river. High appreciation potential in a prime area of the city, ideal for hotel investment. Located on the Douro River waterfront, the property benefits from surroundings marked by proximity to the historic centre and the city's main tourist attractions, combining centrality, prestige, and profitability potential. A 2-minute walking distance from Praça da Ribeira and Ponte Luís I; a 25-minute driving distance from Francisco Sá Carneiro Airport; and 2h30 from Lisbon. It is in one of the most sought-after locations in the country, with direct connection to the city's main access routes.