Savills News

Savills/Predibisa and Castelhana Real Estate commercialise Aliados 9 development

One of Porto’s most emblematic buildings, on Avenida dos Aliados, is now on the market

Savills/Predibisa and Castelhana Real Estate are selling Aliados 9, a historic building that combines its priceless historical and heritage value with the comfort and modernity of the present and future. 

The new Aliados 9 development recovers with excellence one of the buildings with the highest heritage value in Porto, being one of the most striking on Avenida dos Aliados, along with the Banco de Portugal building, the Palácio das Cardosas and the Porto City Hall building.

Originally designed in 1919 by architect Marques da Silva, one of the most important names in Portuguese architecture, it was inaugurated in 1925 by the insurance company “A Nacional”.

The beaux-arts exterior stands out for the extraordinary quality of the sculptures by Sousa Caldas. The coats of arms, florets, cupolas, and balusters, but, above all, the three magnificent sculptures on the pediment: the Genius of Independence, symbol of the institution, and flanking him, the two reclining female figures representing “Insurance and Life” and “Accident at Work”, culminating in the clock tower, which from the top of the turret, marks the hours of the city.

 

The interior reveals a surprising modernity – one walks through galleries and bridges with wrought iron railings, crossing spaces with quadruple height ceilings, adorned with authentic pieces of art, such as the stained-glass windows from de 1920s. 

The flats have unusually high ceilings, surrounded by windows and bow-windows on a monumental scale, elements that lend unrivalled heritage value to some of the buildings that cohabit Porto’s most important address.

With meticulous and careful restoration work, Menos é Mais office converted the building originally called “A Nacional” into 18 exclusive flats (2 bedroom +1, 2 bedroom, 1 bedroom and studio) that combine contemporaneity and history, meeting the most demanding standards of comfort and safety.

For Joana Lima, Head of Porto Downtown Office at Savills/ Predibisa, “Aliados 9 is an irresistible investment proposal, as it is a jewel of Marques da Silva’s architecture, located on the avenue with the most valued and secure real estate in downtown Porto, carefully restored in 18 flats with surprising sophistication and modernity, but respectful of the symbolism and memory of the past.”

“We feel very enthusiastic to present Aliados 9, an iconic and emblematic building that incorporates the history and heritage of the city of Porto in the present and the future, by introducing the best and most recent materials and construction techniques. A fantastic redevelopment project in the best location in Porto, right on Avenida dos Aliados, which represents a strong commitment to preserving Porto’s historical heritage. An excellent opportunity for those wishing to live or invest in a unique building in the centre of Porto,” says Patrícia Clímaco, CEO of Castelhana, adding that Aliados 9 is “expected to be ready for occupation very soon.”

 

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