Location:
The subject site is located in a mixed residential / university zone in Paranhos parish, approximately 3km north of the Porto City centre. The site is accessed from Rua Dr. Manuel Pereira da Silva to the north and the Rua Manuel Pacheco de Miranda to the west. The site comprises an undeveloped land plot with vegetation or gravel ground cover and is currently
used as an informal car parking area. The land’s total area is approximately 1,472 sqm.
Communications:
The site is well located within the universities areas To the right it can be seen the walking distances to each of the university sites. It also has direct access to the metro yellow line which takes 20 mins to the centre of the city.
History/Previous uses:
Historical records from the 1940s shows the site to be undeveloped (agricultural use). Anecdotal information from residents indicates that the site has never been developed with buildings.
Porto Student Accommodation:
Porto has become fashionable and thus the number of students is continuously growing, reaching 58,200 and representing 16% of total students in Portugal. We are witnessing an increasing and diverse number of nationalities coming straight to Porto, counting more than 7,400 foreign students. In addition, there are 18,000 Portuguese students living out of their hometown, totalling more than 25,000 students with accommodations needs.Following the national trend and in line with Lisbon, international students are responsible for the turnaround in the decrease of the number of students, evidencing the importance of this market. Porto has 1,250 rooms at 15 University and Religious Student Housing. Usually they offer low rents ranging from €165 to €430/ month/room. Regarding Private Apartment Operators, JLL count more than 11 players with a total supply of 420 rooms. The existent operators are small.
Location:
The subject site is located in a mixed residential / university zone in Paranhos parish, approximately 3km north of the Porto City centre. The site is accessed from Rua Dr. Manuel Pereira da Silva to the north and the Rua Manuel Pacheco de Miranda to the west. The site comprises an undeveloped land plot with vegetation or gravel ground cover and is currently
used as an informal car parking area. The land’s total area is approximately 1,472 sqm.
Communications:
The site is well located within the universities areas To the right it can be seen the walking distances to each of the university sites. It also has direct access to the metro yellow line which takes 20 mins to the centre of the city.
History/Previous uses:
Historical records from the 1940s shows the site to be undeveloped (agricultural use). Anecdotal information from residents indicates that the site has never been developed with buildings.
Porto Student Accommodation:
Porto has become fashionable and thus the number of students is continuously growing, reaching 58,200 and representing 16% of total students in Portugal. We are witnessing an increasing and diverse number of nationalities coming straight to Porto, counting more than 7,400 foreign students. In addition, there are 18,000 Portuguese students living out of their hometown, totalling more than 25,000 students with accommodations needs.Following the national trend and in line with Lisbon, international students are responsible for the turnaround in the decrease of the number of students, evidencing the importance of this market. Porto has 1,250 rooms at 15 University and Religious Student Housing. Usually they offer low rents ranging from €165 to €430/ month/room. Regarding Private Apartment Operators, JLL count more than 11 players with a total supply of 420 rooms. The existent operators are small.