A truly privileged location, overlooking the Douro River and just a few metres from the riverside pedestrian and cycling path that follows the riverbank, connecting this area to Gaia's waterfront and the famous Port Wine Cellars, one of the region’s main tourist attractions.The proximity to the river, direct access to key tourist landmarks, and the strong demand that characterises this area provide the property with significant potential for a tourism accommodation project in one of Porto’s most attractive locations.Set on a corner plot of 1,143 m², the property currently consists of a vacant building requiring complete renovation. The plot benefits from approved planning permission for the development of an aparthotel with 36 accommodation units spread across six floors: 24 studio apartments (T0), 10 one-bedroom apartments (T1), and 2 two-bedroom apartments (T2).The approved project provides a total construction area of 2,868 m², complemented by 19 parking spaces, offering a solution specifically designed to meet the growing demand for tourist accommodation in a highly sought-after location.There is also an alternative residential proposal currently under review, providing for the development of 33 apartments — 20 studio apartments (T0), 8 one-bedroom apartments (T1), and 5 two-bedroom apartments (T2) — together with 33 parking spaces and a total construction area of 3,454 m². This proposal remains subject to approval and does not currently constitute an approved project.The possibility of developing different solutions, combined with the privileged location alongside the Douro River and the already approved aparthotel project, makes this asset a particularly attractive opportunity for developers and investors seeking projects with strong potential in either the tourism or residential sectors.All technical documentation is available for review. For further information regarding the project, investment conditions, or to arrange a visit, please contact us.

VillaVila Nova de Gaia (Portugal)
Price :
$1,962,300
land1,143 m²

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Energy Performance Certificate

GreenHouse Gas emission