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Property in Street Soares dos Reis
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  • Property typeBuilding
  • Sale
    € 430.000
  • Area414 m² | 585 m²
  • StatusFor Refurbishment
  • CountyPorto
  • TownVila Nova de Gaia
  • Parish
    Mafamude e Vilar do Paraíso
  • REFPD-046895
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414 m²
585 m²
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Description

This building, located in the center of Vila Nova de Gaia, close to the Soares dos Reis Garden, offers a privileged location, surrounded by all kinds of commerce, services and leisure options, which increases the demand for new housing in the area. The proximity to schools of all levels, from primary to secondary, makes the property even more attractive to families.
This 585sqm plot of land is located in an Urban Rehabilitation Area (ARU) in Vila Nova de Gaia, specifically in a consolidation zone according to the Municipal Master Plan (PDM), and offers interesting viability for construction. According to the urban planning guidelines of the Consolidated Urbanized Area of Mixed Typology (articles 51 to 53 of the PDM), it is permitted to build a building up to five floors above ground, including the ground floor, three regular floors and a recessed floor.
Ideal for the construction of a residential building, taking advantage of the growing demand for housing in this particular area.
Alternatively, the land could be used for the total restoration of an existing manor house, preserving the historic architecture and enhancing the property for residential or commercial purposes.
Close to the Soares dos Reis Garden, in the city's Historic Zone, 500 meters from Santo Ovídio, served by the Yellow line of the Porto Metro and the future Soares dos Reis station, as well as the new Rubi line of the Metro, connecting Casa da Música to Santo Ovídio and Devesas Station.
Investing in this building means acquiring a property in a premium location, but also capitalizing on the investment in an area with high potential for appreciation and financial return, especially in the tourism sector.
Whether you're developing a multi-family housing project, a tourist resort or restoring a historic villa, this is an unmissable opportunity in Vila Nova de Gaia.

Property Features

  • Infrastructures
  • Surrounding areas
  • Children's play areas
  • Highway
  • Bank
  • Shopping center
  • Downtown
  • School
  • Green spaces
  • Drugstore
  • Gym
  • Hypermarket
  • Subway
  • Commercial Area
  • Historic area

Location

União das Freguesias de Mafamude e Vilar do Paraíso, Vila Nova de Gaia, Porto

Contacts

Predimed
AMI License: 22490
Website: predimed.pt
Address: Avenida do Brasil, 43, 5ºEsq. - 1700-062 Lisboa
Telephone: 910 292 474
View contacts page Real Estate Agency Predimed