Large Property with Ocean Views & Approved Project for 9 Apartments – V. N. Gaia

Key Information

Price:
€1,200,000
Reference:
PP173188
Type:
Villa
Location:
Porto, Porto & The Green Coast
Region:
Porto & The Green Coast
Country:
Portugal (PT)
Bedrooms:
7
Bathrooms:
6
Living Area:
480m2

Description

Located on a hilltop in Vila Nova de Gaia, just 3 km from the center of Porto, this exceptional property offers breathtaking panoramic views of the Atlantic Ocean and the surrounding valley. With a total land area of 1,500 m² and approximately 1,000 m² of built area, it combines privacy, scale, and high investment potential.

Built in the 1960s using quality materials such as granite, marble, and tropical woods, the house extends across multiple floors and contains several independent units. It features generous terraces and balconies, providing excellent sunlight exposure and ample outdoor leisure space.

The property comprises multiple levels: the main floor offers 3 large bedrooms, 2 marble bathrooms, a kitchen, and a 60 m² living-dining area with sea views. Additional levels include multiple bedrooms, suites, kitchens, and bathrooms, plus a 400 m² basement convertible into apartments.

The property also has five enclosed garages and over 100 m² of storage area.

There is an approved Pedido de Informação Prévia (PIP) allowing the transformation and extension of the structure into a multifamily building with nine apartments, eleven parking spaces, and over 918 m² of housing area. The approved layout comprises four floors above ground and two below .

The property is located just 500 meters from the nearest metro station, ensuring quick and easy access to central Porto and the entire metropolitan area.

This is a unique opportunity for buyers seeking a flexible-use property suitable for multifamily living, student or senior housing, a boutique guesthouse with short-term rental licensing, or a full redevelopment project already approved by the local authorities.

Ref: PP173188

Property Features

Why Choose Berkshire Hathaway HomeServices Portugal Property?

When buying real estate in Portugal, one name stands above the rest—Berkshire Hathaway HomeServices Portugal Property (PortugalProperty.com). As part of the Berkshire Hathaway network, owned by Warren Buffett, we are backed by one of the world's most powerful and trusted brands, ranked fourth most admired globally.

With 10 offices across Portugal—spanning the east to west Algarve, Lisbon, Porto, Cascais, Madeira, and the Azores—we offer unmatched local expertise and national coverage.

Our network includes 50,000+ brokers across 1,400+ offices worldwide, ensuring clients benefit from both global reach and deep market insight. In Portugal alone, we have over 100 brokers, equipped with luxury vehicles to personally guide clients to their ideal properties.

Exclusive Access & Full-Service Support

We offer exclusive listings, and if this property isn't the perfect fit, our strategic partnerships with Portugal's top agencies ensure we'll find the right one. From legal guidance and financing to property management, we provide end-to-end service for a seamless buying experience.

A Brand Built on Trust & Results

With Berkshire Hathaway HomeServices, you're choosing a global leader in real estate, known for integrity, strength, and results. Buying a home is one of the most important investments you'll make—partner with a name you can trust.

Your perfect home in Portugal awaits. Let's find it together.

PortugalProperty.com


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