€ 2,500,000 £ 2,092,367 $ 2,745,499
Reference PP174389
Porto, Porto & The Green Coast
Villa
Built in: n/a
1,603m2 Build size
€ 1,560 £ 1,305 $ 1,713 / m2 build
270,000m2 Plot size
€ 9 £ 7 $ 9 / m2 plot
€ 2,500,000 £ 2,092,367 $ 2,745,499
Reference PP174389
Porto, Porto & The Green Coast
Villa
Built in: n/a
1,603m2 Build size
€ 1,560 £ 1,305 $ 1,713 / m2 build
270,000m2 Plot size
€ 9 £ 7 $ 9 / m2 plot
€ 2,500,000 £ 2,092,367 $ 2,745,499
Reference: PP174389
Villa
Porto, Porto & The Green Coast
24 Bathrooms
Ownership Status: Company
Built in: n/a
1,603m2 Build size
€ 1,560 £ 1,305 $ 1,713 / m2 build
270,000m2 Plot size
€ 9 £ 7 $ 9 / m2 plot
In the heart of the Douro Valley, you will find this old estate that sits on 27 hectares of land with wonderful views and a blank canvas for a brilliant business. Rural tourism is on the rise in the Douro Valley, and this property offers a great development opportunity to turn the existing buildings into a healthy ageing and wellness residence. The local municipality has already approved an architectural project for this estate by award-winning architect Carlos Castanheira.
The pre-approved project has a first phase for 24 accommodation units with large common areas in a luxurious setting, and there is the possibility to expand to a further 16 units, six of them out of existing ruins on the land. Within the land, there is a small forest where five new units could be built.
By the water, there is a river beach that will accommodate a dock and where a Beach Club will be built, as well as a further five units. The concept is based on a Wellness and Healing Retreat to house long-term and short-term guests.
The vendors have extensive experience in this field and will provide support in the comprehensive development of the project. It is forecast to cost €8.5 million to complete from start to finish. Please enquire more to learn about the project, projected yields, and timelines.
No features have been added to this property.
Reference: PP174389
Villa
Porto, Porto & The Green Coast
24 Bathrooms
Ownership Status: Company
Built in: n/a
1,603m2 Build size
€ 1,560 £ 1,305 $ 1,713 / m2 build
270,000m2 Plot size
€ 9 £ 7 $ 9 / m2 plot
Taxes and Expense : € 0.00
Loan amount : € 0.00
Your monthly payments : € 0.00
Speak to anyone in our team and we will be happy to help.
Send your enquiry through now.
Yours sincerely,
Liam Gould
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