Apartment complex for sale in Vila Nova de Gaia, Distrito do Porto

Investment Opportunity - Building for Sale in Vila Nova de Gaia We present an excellent property for rehabilitation or new development, located at Rua João de Deus, 124, Mafamude, Vila Nova de Gaia. Situated in a privileged, up-and-coming area, this building offers great potential for investors and real estate developers. Characteristics of the Current Building: - Total land area: 213 m² - Covered area: 90 m² per floor - Uncovered area: 123 m² (backyard) - Composition: - First floor: 8 rooms - 1st floor: 8 rooms - 2nd floor: 8 rooms - Condition: Existing building, in need of refurbishment - Strategic location: In the center of Vila Nova de Gaia, close to shops, services, public transport and quick access to Porto This building is ideal for those looking to invest in urban renewal, whether for resale or rental, benefiting from the growing demand for housing in the region. Future Project - Multi-family residential building This property has an approved Prior Information Request (PIP), enabling it to be extended and redeveloped into a modern development with high commercial value. Main Improvements and Planned Alterations: - Expansion of the building: Addition of a new floor, from three to four floors - Conversion to multi-family typology: - Floor 0: T0 (39 m²) and T2 with patio (168 m²) - Floor 1: Two studio apartments (49 m² and 43 m²) - Floor 2: Two studio apartments (49 m² and 43 m²) - Floor 3: Two studio apartments (49.2 m² and 43 m²) - Total construction area: 434.5 m² - Modern design: Maintenance of the existing structure with modernization of the façade, balconies and interiors - Sustainability and comfort: Inclusion of green areas, internal patios and better use of natural light - Urban Integration: Architectural alignment with neighboring buildings, respecting the context of the street and enhancing the urban space With a project already approved and a strong potential for appreciation, this property represents an excellent opportunity for investors wishing to develop a differentiated and highly profitable venture in Vila Nova de Gaia. For more information or to schedule a visit, get in touch and discover the potential of this property! #ref: 138287.

Additional Property Information:
• External size: 213 m²
• Size: 270 m²
• Reference: 138287