Land for sale in Vila Nova de Gaia, Portugal — €975,000

About this land

Land for investment in the historic area of Gaia, just a few meters from Gaia quay.Existing rehabilitation project.3 PROPERTIES WITH LAND | HISTORIC ARU AREA | VILA NOVA DE GAIA3 MINUTES WALK FROM THE DOURO RIVER;AERIAL VIEW OF THE PROPERTIES AND LAND; (drone video)POSSIBILITY OF NEW HEIGHT CONSTRUCTION;3 ADJACENT PROPERTY REGISTERS;ADVERTISING PROHIBITED!!SURROUNDING AREA | IN THE HEART OF THE WINE CELLARS.Premium location in the Historic Center of Gaia, in the heart of the Port Wine Cellars, next to The Yeatman Hotel, 3 minutes on foot from the World of Wine and the Douro River.Lan Land for investment in the historic area of Gaia, just a few meters from Gaia quay.Existing rehabilitation project.3 PROPERTIES WITH LAND | HISTORIC ARU AREA | VILA NOVA DE GAIA3 MINUTES WALK FROM THE DOURO RIVER;AERIAL VIEW OF THE PROPERTIES AND LAND; (drone video)POSSIBILITY OF NEW HEIGHT CONSTRUCTION;3 ADJACENT PROPERTY REGISTERS;ADVERTISING PROHIBITED!!SURROUNDING AREA | IN THE HEART OF THE WINE CELLARS.Premium location in the Historic Center of Gaia, in the heart of the Port Wine Cellars, next to The Yeatman Hotel, 3 minutes on foot from the World of Wine and the Douro River.Land area of 347 m2Possibility to build upwardsLocated next to The Yeatman Hotel, 3 minutes on foot from the World of Wine and the Douro River.Consists of 3 properties with adjacent property registers, with the following areas (as described in the respective urban property registers):- Property 1 – total land area: 238 m2- Property 2 – total land area: 38 m2- Property 3 – total land area: 24.3 m2- Land footprint area of 347 m2 (updated topographic survey)- Possibility to build up to 4 floors, with a gross construction area of approximately 1,300 m2 (Simple Urban Viability Information Request)- The building does not require setback from the sidewalk, so the alignment will match the other buildings in the area- Located in an ARU zone – Urban Rehabilitation AreaThis property is unique in the area, either as an opportunity to build an apartment building where the top floors will enjoy a fantastic view of the Douro River, or as a hotel unit construction.Land area with viability for height construction of a building or hotel unit with an area of 1,300 m2.Unique opportunity in the area.The building can extend to the pedestrian sidewalk line, as no setback meters are required, meaning it will align with the other buildings in the area.Schedule your visit!!!!!