Building to be Refurbished in the Historic Centre of Vila Nova de Gaia, Santa Marinha, Vila Nova de Gaia | Property for sale | Savills
318 sq m(3,422.92 sq ft)
Fixed price €600,000

Building to be Refurbished in the Historic Centre of Vila Nova de GaiaSanta Marinha, Vila Nova de Gaia


    Key features

    • Number of floors: 4
    • Gross Area: 318.00
    • Land Area: 116.00
    • Net Area: 137.15

    About this property

    • An excellent investment opportunity on Rua Cândido dos Reis, in Vila Nova de Gaia.

      A building in need of complete renovation, situated in one of the most sought-after areas of Gaia's historic centre, a mere 2-minute walk from the Douro riverfront, benefiting from a prime location close to shops, services, restaurants, public transport and key tourist attractions.

      The property is situated in a mixed-use area and therefore offers enormous potential for residential development, short-stay accommodation, a tourist facility or an urban regeneration project, against a backdrop of strong residential and tourist demand.

      Property details:
      - Total plot area: 116 m²
      - Building footprint: 106 m²
      - Gross floor area: 318 m²
      - Gross private area: 318 m²

      Spread over several floors, the building retains architectural features characteristic of the period, including a traditional façade, balconies and large windows, offering an excellent basis for a property enhancement project.

      There is a Simplified Property Information Request.

      Location and Surroundings:
      - City centre
      - Historic district of Vila Nova de Gaia
      - 2 minutes from the River Douro
      - Public transport nearby
      - Shops and services
      - Restaurants and leisure facilities
      - Easy access to the Dom Luís I Bridge and Porto

      A unique opportunity for investors and developers seeking a property with high potential for returns in one of the most iconic locations in the Porto Metropolitan Area.

    Additional information

    • Reference: SAV16405
    • Energy Rating: E