Ferro 188
CompletedPorto, Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória
About
The name "Ferro, 188" evokes a connection to the history and craft of the boilermakers, while suggesting modernity and robustness. The number 188 refers directly to the building's location on Rua dos Caldeireiros (Boilermakers Street), rooting it in the city's history and local culture. The central concept is a fusion of tradition and innovation, reflecting the durability and quality of iron through a contemporary design that respects the historical values of the street.
In the heart of Porto's Historic Centre, Ferro 188 is an exclusive development comprising one ground-floor store and 5 apartments over three floors, with areas between 52 and 54 m² and typologies of Studio (studio), Studio+1 and 1BR. Each floor holds two units, except the top floor, which has a single 1BR apartment with a terrace; a rear unit on the 2nd floor also has a terrace, while the front units on the 2nd and 3rd floors have balconies, prioritising natural light and contact with the outside.
A balanced urban solution between functionality and quality of life, and a unique opportunity to live or invest in one of the city's most emblematic and sought-after areas. Completion took place in the second quarter of 2026 (Q2 2026).
Amenities
Included with Numeralis — free
- Full data access — comparable, structured, independent
- In-house guidance — agency, lawyer, mortgage partner routing
- Notary + registry handled at closing (~€1,000 value)
€/m² vs. peer median
-31.6% vs. 6,094€/m²
Priced below peers — competitive for the area.
Monte Cativo Urban Lofts
2,809€/m² -53.9%
9 de Julho Residences
3,567€/m² -41.5%
Damião de Góis Premium Residence
3,867€/m² -36.5%
Barros Lima 793
3,889€/m² -36.2%
Boavista Prestige
4,000€/m² -34.4%
Royal Santa Catarina
4,073€/m² -33.2%
Marquesa Palace
4,188€/m² -31.3%
Boavista 2
4,272€/m² -29.9%
Jardins do Marquês
4,320€/m² -29.1%
Camões 800
4,323€/m² -29.1%
Fábrica Vilar
4,354€/m² -28.5%
Vila Marques
4,452€/m² -26.9%
Palácio Bijou
4,669€/m² -23.4%
Brito Capelo 76
4,968€/m² -18.5%
Mártires da Liberdade
5,000€/m² -18.0%
Egas Moniz 209
5,000€/m² -18.0%
Life in Porto
5,004€/m² -17.9%
Urban Zambeze
5,204€/m² -14.6%
Padre Cruz 64
5,246€/m² -13.9%
Aulder's Ayres Gouveia
5,355€/m² -12.1%
Royal Cedofeita
5,435€/m² -10.8%
OAK
5,560€/m² -8.8%
Liberdade Flats
5,745€/m² -5.7%
Mártires da Liberdade 185
5,813€/m² -4.6%
Alvares Cabral 91
5,919€/m² -2.9%
Royal Almada
5,932€/m² -2.7%
Empreendimento em Cedofeita (genérico)
5,983€/m² -1.8%
Cedofeita 497
5,983€/m² -1.8%
Cedofeita 271
6,040€/m² -0.9%
Rua do Bonjardim 362
6,107€/m² +0.2%
Taipas Residence
6,133€/m² +0.6%
Porta Art Square
6,234€/m² +2.3%
Alfândega 80
6,296€/m² +3.3%
Fábrica 40
6,316€/m² +3.6%
Comércio Do Porto
6,316€/m² +3.6%
Bonjardim
6,329€/m² +3.8%
Almada 451
6,346€/m² +4.1%
Edifício Praça
6,679€/m² +9.6%
Porto Art Square
7,000€/m² +14.9%
Sá da Bandeira 31
7,469€/m² +22.6%
797 Fernandes Thomaz
7,500€/m² +23.1%
Companhia Aurifícia
7,528€/m² +23.5%
Matsu Porto
8,491€/m² +39.3%
Local supply
This project has 5 unit total — 1.2% of all new dwellings licensed in the area.
- Studio/1BR 287 zone 5 here 1.7%
- 2BR 85 zone 0 here —
- 3BR 33 zone 0 here —
- 4+BR 3 zone 0 here —
Location & neighbourhood
Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória, Porto
Open in Google MapsAsk about the area
Tap a question to see the answer — sourced from Google Places & Routes for this project's exact coordinates.
Units
5 units · 5 available (100%) · €4,074–4,815/m²
| Typology | Floor | Area | Price | €/m² | Plan | Status |
|---|---|---|---|---|---|---|
| Loja Last | 0 | 52 m² | €215,000 | €4,135 |
|
Available |
| Studio | 3 | 54 m² | €220,000 | €4,074 |
|
Available |
| Studio | 2 | 54 m² | €255,000 | €4,722 |
|
Available |
| Studio | 2 | 54 m² | €225,000 | €4,167 |
|
Available |
| Studio | 3 | 54 m² | €260,000 | €4,815 |
|
Available |
Mortgage Simulator
Default: cheapest of 5 units — drag for larger units in this project
Portugal national rate · 2026-05-31
Estimated monthly payment
on a loan
Financing
- Property price
- Down payment · 20%
- Loan amount
One-off costs at purchase
- IMT
- 16,125€
- Stamp duty (IS)
- 1,720€
- Notary & registry
- Free with Numeralis 1,000€
Estimated monthly rent
737€
INE Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 2024
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