Aveiro, Castelo de Paiva, Portugal

Unique investment opportunity in Pedorido, Castelo de Paiva, in a centenary building fully rehabilitated and adapted for Local Accommodation. With a license already issued for the activity, this project was meticulously developed to ensure comfort, functionality and efficiency, maintaining the original design and charm of the early twentieth century.

Located in front of the Douro River and a few meters from the river beach of Pedorido, this property offers a stunning natural setting, in a destination increasingly sought after by tourists. Its privileged location, next to the mythical N222 road and the Viver o Douro pedestrian path, provides an environment of tranquillity and contact with nature, without giving up the proximity to Porto, just 40 minutes away.

With a gross construction area of 271m² and a patio of 50m², the building is divided into three housing units - a T2, a T1 and a T0 - as well as a shop with an independent entrance, currently rented, guaranteeing a fixed income. The garage and the shared patio complement the property, offering a charming leisure area with swimming pool and jacuzzi, resulting from the recovery of an old mill.

The finishes have been carefully selected, combining noble and resistant materials with a contemporary design. The building has air conditioning, a heat pump water heating system, Bluetooth electronic locks for remote control of access and a surveillance system for greater security. The kitchen is fully equipped with Teka appliances, the sanitary ware is from Sanindusa and the Bruma taps are in matte black.

One of the project's differentials is the common area, where the installation of a wine dispenser next to the jacuzzi was planned, creating a sophisticated and exclusive leisure space.

A profitability of 8% per year is expected with the operation in Local Accommodation, with potential for additional appreciation through the offer of complementary services such as breakfasts, sightseeing tours and transfers.

With delivery scheduled for June, the property will be delivered equipped and partially furnished, ready to start the activity.

An unmissable opportunity for those looking for a safe and differentiating investment, in one of the most enchanting settings in the Douro.

Book your visit now.


Castelhana is now Dils.

With over 25 years of experience in the Portuguese property market, Castelhana has joined Dils an international real estate company with more than 50 years of history and a presence in Italy, the Netherlands, Spain, and Portugal.

Under the Dils brand, we continue to provide expert consultancy, sales, lettings, and residential property development services. Our dedicated team is here to support your next investment, with offices in Lisbon, Estoril, Comporta, Porto, and the Algarve.

When the world changes, it's time to rewrite the rules.

It's time to imagine your future space.
Energy Rating: Exempt
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