Island with 8 Houses – Investment Opportunity in Vila Nova de Gaia Located in Santa Marinha and São Pedro da Afurada, this fully owned property consists of two urban plots dating back to before 1951, situated in an area of increasing value in Vila Nova de Gaia. The property is configured as a traditional "island," with eight independent houses. A renovation project has already been developed to modernize the houses, ensuring greater comfort and functionality without compromising their historical and architectural charm. Currently, one of the houses is rented for R$ 180. Added Value After Renovation With the rehabilitation completed, this property can reach a high potential for appreciation, becoming an extremely attractive investment. Structural improvements, interior modernization, and optimization of living spaces will allow for: Increased property value Possibility of renting at more competitive prices Greater demand from tenants or buyers Considering the rental market in Vila Nova de Gaia, renovated units can generate a very attractive annual gross return, with rents significantly higher than the current value. Privileged Location Located in an expanding residential area, this property benefits from excellent proximity to: Guaíba Center – A few minutes from the main services, shops, and transport. Douro River Waterfront – A short distance from Afurada, one of the most charming neighborhoods in the region, known for its typical atmosphere and exceptional gastronomy. Douro Bridge and Porto – Easy access to Porto, either by public transport or car. Gaia Beaches – Just minutes from some of the best beaches in the region. Excellent Profitability Potential This property offers multiple investment possibilities: Long-term rental – Ideal for those seeking stable and predictable profitability. Tourist or short-term rental – With the growing demand in the region, the occupancy rate can be high, guaranteeing attractive returns. Resale after renovation – An excellent business for investors who wish to profit from the appreciation of the property. An unmissable opportunity for investors seeking a high-potential asset in one of the most dynamic real estate markets in the region! For more information, please contact us! ;ID RE/MAX: 122071441-2
Additional link:https://www.remax.pt/122071441-2