Building for renovation with 239 m² of gross construction area and approved PIP, 200 meters from Jardim do Passeio Alegre, in Foz do Douro, Porto. Located on a 112 m² plot, this property with approved Preliminary Information Request (PIP) is situated in one of the most emblematic areas of the city, Foz Velha. Although the PIP is approved for a single-family residence, there is the possibility of changing the licensing for the construction of a small building with 3 floors, allowing the creation of 5 to 6 apartments. The property has two frontages, offering excellent potential for developing a project with optimal sun exposure and functionality. Its privileged location allows easy access to the beach and the Douro River, which are just a few meters away. Located in a historic and coveted area, the property benefits from proximity to green spaces, restaurants, local commerce, and main tourist attractions. It's a 5-minute walking distance from Forte de São João Baptista, 10 minutes from Farol da Foz and Pergola da Foz. A 5-minute driving distance from Parque da Cidade, 15 minutes from Porto city center, and 20 minutes from Francisco Sá Carneiro Airport.