Building with 4 floors and river view in Vila Nova de Gaia

Building with 4 floors and river view in Vila Nova de Gaia

Building with four floors, located in the historic area of Vila Nova de Gaia, on the second line of the river, next to the Port Wine cellars and overlooking the Douro and the city of Porto. The property has 14 rooms and a backyard.

Inserted in the Urban Rehabilitation Area (ARU) of the Historic Area of Vila Nova de Gaia, benefiting from a framework for reduced VAT and access to financing under the IFFRU – Financial Instrument for Urban Rehabilitation and Revitalization.

Property Highlights:
– Four-storey building with existing structure
– Total of 14 rooms distributed across the various levels
– Backyard
– View of the Douro River and the city of Porto
– There was a boutique hotel project approved by the City Council by June 2022
– The project provided for 8 rooms and a restaurant area on the lower floor
– Possibility of converting the project into 9 housing units (7 studios/T0 and 2 T1)

Outdoor environment:
– Backyard
– View over the Douro River
– Consolidated historic urban envelope

Strategic location:
– Next to Sogrape's offices, warehouses and visitor centre
– 250 meters from the new hotel integrated in the Real Companhia Velha project
– About 500 meters from Cais de Gaia, restaurant area, parking and Port Wine cellars

An asset with a unique urban setting, dedicated to structured rehabilitation in the heart of the historic center of Gaia.