€600,000

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.
Energy Rating: E
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