Vila Nova De Gaia
Porto
Portugal
4400-001

MLS#: C0388-00148

$762,257 USD

€700,000 EUR

Minimum sellable space
1,120m²
The details

Property features

Date Updated: May 11, 2024

Area

Land/Lot size
1,120m²
Bedrooms
5
Bathrooms
3

Description

Urban land for Sale with 1.120m2, located in Candal, very close to the King Ramiro Park or Candal Park and located on the axis VL8 of the Arrábida Bridge, Arrábida Shopping.Located next to the future Candal Metro station approved for the 3rd Phase of expansion and expected to be operational by 2022.Located, according to the PDM in Urbanized Area of Mixed Typology and inserted in the ARU with several tax benefits in terms of IMI, IMT, IRS and VAT.It has an approved project for habitational rehabilitation and construction of a building with 5 floors for construction of 16 apartments (12 T2 + 4 T3).BUILT AREA: 533,66GROSS CONSTRUCTION AREA: 1977,17PARKING AREAS: 440,57m2BALCONY/ TERRACES AREA: 113,30m2TOTAL BUILDING AREA: 2531,04m2Total land load factor: 0,476Total waterproofing index: 0,507Vila Nova de Gaia - Live in the heart of a dynamic city and, at the same time, benefit from the return to the comfort of your home and forget the hustle and bustle of the outside world.Here you can design a vibrant haven on the south bank of the Douro, very close to the beaches, the Gaia pier and the historic Port wine cellars.With PIP approved and feasibility to build a condominium composed by 16 flats, with typologies that vary between T2 and T3, you will be one step towards a new narrative of tranquillity and comfort, close to the hustle and bustle of Oporto's centre and where all the modern amenities will make life as peaceful as possible.Excellent investment opportunity with guaranteed profitability!

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Location

Vila Nova De Gaia
Porto
Portugal