A truly privileged location, offering views over the Douro River and just a few metres from the pedestrian and cycle path along the riverfront, connecting the area to Cais de Gaia and the famous Port Wine Cellars, one of the regions main tourist destinations.

The proximity to the river, direct access to the main tourist attractions and the strong demand that characterises this area give the property significant potential for a tourist accommodation project, in one of Portos most attractive locations.

Set on a 1,143 m² corner plot, the property currently comprises a vacant building requiring comprehensive refurbishment. The plot benefits from approved planning permission for the development of an aparthotel with 36 accommodation units, distributed over six floors: 24 studios (T0), 10 one-bedroom units (T1) and 2 two-bedroom units (T2).

The approved project provides for a total of 2,868 m² of construction area, complemented by 19 parking spaces, offering a solution designed to meet the growing demand for tourist accommodation in a highly attractive location.

There is also an alternative proposal for residential use, currently under consideration, providing for 33 apartments 20 studios, 8 one-bedroom apartments and 5 two-bedroom apartments as well as 33 parking spaces and a total construction area of 3,454 m². This proposal is still subject to approval and, as of today, does not constitute an approved project.

The possibility of developing different solutions, combined with the privileged location next to the Douro and the approved framework for the aparthotel project, makes this asset a particularly attractive opportunity for developers and investors seeking projects with strong potential in the tourism or residential sectors.

Full technical documentation is available for review. For further information about the project, investment terms or to arrange a viewing, please contact us.
Energy Rating: F
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