Block of apartments for sale
Aveiro, Esgueira, Portugal
- PROPERTY TYPE
Block of Apartments
- BATHROOMS
4
- SIZE
5,597 sq ft
520 sq m
Description
Excellent opportunity for investors and property developers, located in Monte do Paço, Esgueira – just 5 km from the centre of Aveiro, in an urban area with strong residential and business demand.
The property consists of a detached building with 520 m² of built area, set on a fully walled urban plot of 2,145 m², with an excellent frontage, good access and ample parking space.
Redevelopment Potential – the key differentiator
The building’s layout and location make it ideal for redevelopment projects, namely:
Conversion of the existing building into up to 4 apartments
Mixed-use project with a restaurant or commercial space on the ground floor and rooms/apartments on the upper floor
A highly sought-after solution for accommodation of technicians and specialised professionals working in nearby industrial units such as Renault, Bosch and surrounding companies
There have already been concrete expressions of interest for this type of use.
This type of asset currently shows high demand, high occupancy rates and excellent profitability.
Land with additional development potential
The plot has sufficient area and frontage to allow, subject to project approval and urban planning regulations:
Construction of houses
Complementary development alongside the existing building
Strategic location
Consolidated urban area
5 km from the centre of Aveiro
Good road access
Close to industrial hubs, services and commerce
Strong demand for residential and professional rental
Additional advantage
The property benefits from a licence for restaurant, beverages and entertainment, representing added value for those wishing to develop a project in this sector, without excluding other redevelopment possibilities.
A versatile asset with a future
This property stands out for its location, land size, flexibility of use and appreciation potential, making it an excellent opportunity for:
Property investment
Residential rental
Mixed-use project (residential + commercial)
Restaurant, events or leisure
For more information or to schedule a visit, please get in touch.
As an independent consultant with the iad Portugal network, I support the entire process with rigour, transparency and security, working with technical and legal partners whenever necessary.
#ref: 127202
Aveiro, Esgueira, Portugal
NEAREST AIRPORTS
Distances are straight line measurements- Porto(International)40.7 miles
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Notes
This is a property advertisement provided and maintained by IAD, Porto (reference 127202) 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.