Building for sale in Sao Pedro Da Afurada, Portugal

• 788 m² surface area (8482 sqFt)
• full restoration of the structure/outside needed
• 1041 m² of land (11205 sqFt)
• No overlooking neighbours
• N/C
• Facing South

Located in the heart of the historic center of Vila Nova de Gaia, in the charming area of Cais do Capelo, this property presents a unique opportunity for investors. With a request for prior information submitted to the Municipality of Gaia, this building offers the potential to create six units with T2 and T3 typologies, spanning 1294 square meters of construction gravel area across three floors above the threshold level. The property also includes parking allocation with six parking spaces and a multipurpose room facing the garden, providing a pleasant outdoor space for residents to enjoy. Situated on a plot of land spanning 1041 square meters, this property boasts a privileged location overlooking the river, offering unobstructed views that capture the essence of Porto. Being located in an Urban Rehabilitation Zone (Aru) comes with a set of tax incentives, and the area's classification as a World Heritage Site by Unesco further enhances its cultural and historical value. Cais do Capelo in Vila Nova de Gaia is a highly esteemed area with significant historical and cultural value, recognized by Unesco as a World Heritage Site. Its aesthetic appeal is characterized by an urban fabric and numerous historic buildings that reflect its development over centuries. The harmonious blending of streets with the surrounding space and the Douro River, along with its panoramic vistas, make this location truly exceptional. The property's prime location ensures easy access to main roads, facilitating mobility within the city and surrounding regions. Additionally, the proximity to the train station, restaurants, supermarkets, schools, and hospitals further adds to the convenience and desirability of this investment opportunity. Priced at 2,800,000, this property offers tremendous potential for investors looking to capitalize on the unique features and prime location of this building in São Pedro Da Afurada. With its historical significance, cultural value, and strategic position, this property is a rare find in the real estate market.