For sale - Douro Riverfront Building w/ Project for 6 luxury apartments in Vila Nova de Gaia

An exclusive opportunity awaits investors and developers with this ruin and its project for a modern condominium featuring six luxurious apartments. Situated in a prime, frontline location on the banks of the Douro River, this property offers breathtaking, direct views of the river and the picturesque Porto city skyline.

***Apartments***
1st floor:
Fraction A - T3 with 186,83 m2 & terrace 22,94 m2
Fraction B - T3 with 207,85 m2 & terrace 19,09 m2

2d floor:
Fraction C - T3 with 186,83 m2
Fraction D - T3 with 213,29 m2

3d & 4th floors:
Fraction E - T1 duplex with 155,84 m2 + two terraces
Fraction F - T3 Duplex with 251,33 m2 + terrace 19,09 m2

Gross Area: 1875,30 m2
Construction Area: 1696,70 m2

Key Features:
*** Ready Project: Plans for a sophisticated condominium comprising six premium apartments.
*** Spectacular Views: Uninterrupted vistas of the Douro River and the iconic city of Porto, ensuring an unparalleled living experience.
*** Investment Potential: Nestled in Vila Nova de Gaia, one of the fastest-growing areas in Portugal, with booming real estate value and an influx of interest from global buyers.
*** Expansion Possibilities: The unique option to acquire neighboring buildings, presenting the opportunity to combine lots into a luxury hotel or a more extensive residential development.
*** Prime Location: A serene yet central location with direct access to Gaia’s waterfront promenade, world-renowned wineries, and cultural attractions, while being just minutes from central Porto.
*** Tourism Growth: Portugal continues to be a global hotspot for tourism, making this property a prime candidate for short-term rentals or a boutique hotel concept.

This listing combines historical charm with modern development potential, offering a unique chance to invest in a property that will cater to both local and international buyers. The location, approval for residential development, and the opportunity for expansion make this an unmissable investment in one of Portugal's most iconic areas.

Contact us today for more information and to schedule a viewing. Seize this rare chance to shape a landmark property in Vila Nova de Gaia’s prime riverfront district!