Flat for sale in Gaia, Portugal

The historic city of Porto is one of the oldest cities in Europe. This exciting and vibrating city has surged in Europe as a main touristic destination due to its rich history, deep culture and a very singular nightlife. In 1996 the city center was elevated to the status of Unesco World Heritage. This region is also famous worldwide because of its wines, that are produced and stored along the banks of Douro River. The timeless elegance of Fervença Palace comes from a rehabilitation project of an 18th century build-ing which preserves many of its unique architectural features. Fervença Palace is located in the banks of the Douro River with its façade facing south, allowing it to have great sun exposure and splendid views over the river and the city. The project is comprised of 2 autonomous buildings, the renovated Palace and a new structure, separated by an internal magnificent private garden. Within the renovated Palace, most units include mezzanines enhancing the original dou-ble height ceilings. Aside from the unparallel views, Fervença Palace is located within walking distance of the main Porto attractions including, the Historic Center of Porto, the traditional Port Wine Cellars, Dom Luís I Bridge, the Sé amongst other. Fervença Palace building is being modernized into 17 upscale residential units. The apartments vary between 41,18 and 156,04 sqm, with studios, one-bedroom and two-bedroom units. All apartments include air-conditioning, double glass windows, fully equipped kitchens and may come fully furnished. Most of the units will have fantastic views over the Douro river and the city of Porto. Impacto Capital has acquired the entire building and will provide its clients the possibility of management services. The apartments have the possibility to come with a fixed return and can be sold completely decorated and furnished. All images used are for illustrative purposes only and are intended to convey the concept and vision for the development.

Additional Property Information:
• Bathrooms: 2
• Size: 65 m²
• Reference: APT3242PD