Prices from € 295,380 £ 257,324 $ 346,239
This fully refurbished mixed-use building is located on a traditional riverside street in Vila Nova de Gaia, one of the most dynamic districts of the Porto metropolitan area. Positioned along the Douro riverfront, the property benefits from protected surroundings, open views, and immediate proximity to Porto’s historic centre.
The project comprises 18 one-bedroom residential apartments and 2 ground-floor commercial units, offering a balanced combination of residential and retail income potential — particularly attractive for investors seeking diversification within a single asset.
The apartments include both single-level and duplex layouts, designed to maximise natural light and views. Interior finishes were selected for durability, comfort, and ease of maintenance, making the units suitable for rental or second-home use. Features include:
Equipped kitchens with integrated stainless-steel sink and mixer tap
Modern bathrooms with wall-hung sanitary ware, walk-in shower trays, and concealed systems
Air conditioning in all units
Durable flooring and clean, contemporary interior finishes
Several apartments benefit from river views, reinforcing their long-term rental and resale appeal.
The two ground-floor commercial spaces offer flexible layouts suitable for retail, services, or professional use, benefiting from:
Direct street visibility on a riverside pedestrian axis
Strong foot traffic from residents, tourists, and riverfront visitors
Proximity to restaurants, wine cellars, and leisure areas
These units provide an opportunity for stable rental income or owner-occupation, complementing the residential component of the building.
Common areas are finished with high-quality stone and concrete materials, ensuring a robust, low-maintenance environment. The refurbishment respects the area’s industrial heritage while upgrading the building to modern technical standards. Private parking spaces are included — a rare advantage in this location.
Set in a historic riverfront zone of Gaia, the property faces Porto’s UNESCO-listed centre and sits within walking distance of:
Port wine cellars and wine-tourism attractions
Riverside promenades, cafés, and restaurants
Cable car access and panoramic viewpoints
Iconic bridges connecting directly to Porto
The area benefits from continued public investment and improved transport links, supporting long-term value appreciation.
Mixed-use asset: residential + commercial income
Scarce riverside location with limited future supply
High-demand one-bedroom apartment typology
Durable finishes suitable for long-term rental
Strong appeal to international tenants and buyers
An excellent opportunity to acquire a well-located mixed-use property in one of the most protected and desirable riverfront areas of the Greater Porto region.
Porto is the 2nd largest city in Portugal based on its population; located in the North of the country, it is the city where Portugal’s name comes from. Porto’s name around 2200 years ago was Portus Cale that became Condado Portucalense later.
It’s a city known worldly for its wines, its contemporary and antique architecture, its historical centre as well as its football team, the Porto University (among the best 100 European universities), for the high quality service in its health centres and for its restaurants and gastronomy.
Porto was classified as World Patrimony by UNESCO.
Don’t miss Vila Nova de Gaia with its many tapas and port wine places, chocolate shops and River Douro trips! Visit the São Bento rail station, church of Santa Clara, Café Majestic, Chapel of Souls (Almas), Portuguese Centre for Photography, the gardens of Palácio de Cristal, Dom Luis I bridge, Casa da Música (Music house) and so much more!
Speak to anyone in our team and we will be happy to help.
Send your enquiry through now.
Yours sincerely,
Larisa Marin