Located in Porto, in the heart of Batalha, the Palace is located in one of the most tourist and charismatic areas of the city, 600 meters from São Bento. The Palace has an area above the ground of about 5 000 m2, distributed in 3 interconnected buildings, and with good road access.

There has been a demand for and a notable interest in real estate in the historic center of Porto, essentially for rehabilitation, preserving what is the city's historical heritage, and a good example of this is the Bijou Palace.

It is true that the market of Porto is expanding and has been in the sights of national investors, but also and increasingly, of international investors. This expansion resulted from an exponential increase in tourists, who arrive every day through the low cost airlines. Also the policies for senior emigration and "Visa Gold" have made the city of Porto a very attractive place with comfortable conditions to invest. Investors now see a central business hub in Porto to set up their business hubs.

"Worx has a habit of acting in a close relationship with its clients, as its advisor and partner," says Pedro Valente, Capital Markets of Worx and adds: "The location of the Palace was also a key point for the realization of this operation and this business represented a unique opportunity to acquire one of the most striking buildings in the historic center of Porto.

Urban Rehabilitation proves to be one of the trends for this year 2018 and continues to be an object of attraction in the historic centers of the cities, namely Porto.

In relation to assets, EDP had the building vacated and found in Worx "a solution that allowed to maximize the sale value of the Bijou Palace.