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Tras-os-Montes, Peso da Régua, Portugal

€460,000
IAD, Porto
PROPERTY TYPE

Block of Apartments

SIZE

11,754 sq ft

1,092 sq m

Description

"the innovative one" , is a historic building, in the center of the city of Peso da Régua.

Peso da Régua, is located on the right bank of the Douro River and considered the capital of the Douro, a World Heritage Site, is one of the most beautiful regions in Portugal.

This property, known as "the innovative one ", represents a unique opportunity for those looking to invest in housing, commerce or tourism in the heart of this vibrant city.
Property Features

Building in Total Ownership with Floors and Rooms for Independent Use

- Affectation:

- Ground floor: Commerce or services.

- Upper floors: Housing.

- Number of Floors: 4: Basement, Ground Floor, 1st and 2nd Floors

Building Areas:

- Total Land Area: 528.00 m².
- Implementation area: 273.00 m².
- Public area: 255.00 m².

Confrontations:

- North : Rua Marquês de Pombal.
- South : Heitor Saraiva Vasques Osório.
- East : Rua João de Lemos.
-West : Companhia dos Vinhos do Alto Douro.


Location and Framing

Régua Weight Center

The property is located on a privileged corner between Rua João de Lemos and Rua Marquês de Pombal, in the heart of the city, known for its commercial tradition and accessibility.

- Accesses:

- Easy access from Rua José Vasques de Osório, with roads in excellent condition for passenger vehicles and goods.

- It is 3.5 km from the access junction to the A24 (Viseu-Chaves), facilitating regional and national connections.





- Excellent proximity to Services in the Surrounding Area:

- Cafes, restaurants, supermarkets, schools, pharmacies, banks, local market and gas station, all less than 1 km away.

- Efficient public transport: buses, municipal buses, trains (Douro Line), taxis and TVDE.

Building Description

Original Structure:

- Practically square shape (15.5 m x 17.5 m).

- Divided into 4 floors: basement, ground floor and two upper floors.

- Rear Facade: Direct access to the basement floor due to the natural slope of the land.

Street:

- Walled area with two iron gates, one of which is for vehicle access.

Current Status:

Due to a fire, the interior was completely destroyed, leaving only the stone facades, which preserve the charm and history of the property.


Rehabilitation Potential

Despite its current state, Inovadora has a robust external structure, offering enormous potential for transformation in several projects:

- Multifamily Housing: ideal for modern residences in the heart of the city.

- Commerce and Services: Operation of the ground floor as commercial or service spaces.

- Tourism: Development of local accommodation projects or a luxury boutique hotel, taking advantage of the tourist appeal of the Douro region.






Advantages of Rehabilitation:

- Strategic Location: Centrality and proximity to essential and attractive services.

- Real Estate Appreciation: Peso da Régua is constantly growing as a tourist and commercial destination.

- Environmental Quality: Quiet area with no noise pollution, perfect for housing and tourism.



A Unique Opportunity!

The restoration of this building could transform it into an architectural and functional landmark in the city of Peso da Régua, with possibilities ranging from residential use to innovative tourist initiatives.

With a privileged location, historic external structure and flexibility of use, the innovator is prepared for a very promising future!
#ref: 133227

Tras-os-Montes, Peso da Régua, Portugal

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Porto(International)
    46.8 miles
Advice on buying Portuguese property

Advice on buying Portuguese property

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About IAD, Porto

Av. da Boavista 934, Porto Portugal 4100-112

Founded in 2008, iad was born as the 1st digital real estate network made up exclusively of independent consultants. iad's DNA is based on 4 inseparable pillars: entrepreneurship, property, community and international.

In addition to head office support, the 4 pillars are backed up by digital technology and training, which make a major contribution to the success and appeal of the iad model.

With its headquarters in Paris, iad is the largest network of independent real estate consultants in Europe with more than 20,000 consultants and a turnover of 536 million euros.

iad has become the game changer of the real estate market by breaking with the sector's traditional codes, becoming the 1st French Proptech Unicorn.

In addition to France and Portugal, the iad group is also present in Spain, Italy, Germany and Mexico, the UK and the USA (more precisely, the state of Florida).

Notes

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This is a property advertisement provided and maintained by IAD, Porto (reference 133227) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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