$1,574,300

Gondomar Land

  • 26,437 Sqft
  • 26,437 Sqft lot
  • Updated: Today

About the Property

Land with Approved PIP for 46-Room Hotel | Yield 9.3% | Gondomar - Greater Porto

HOTEL INVESTMENT OPPORTUNITY IN GREATER PORTO (GONDOMAR)

We present a strategic real estate asset for hotel development, consisting of land with an approved Prior Information Request (PIP) for the construction of a hotel with 46 accommodation units.

Located in S. Cosme - Gondomar, the asset
Land with Approved PIP for 46-Room Hotel | Yield 9.3% | Gondomar - Greater Porto

HOTEL INVESTMENT OPPORTUNITY IN GREATER PORTO (GONDOMAR)

We present a strategic real estate asset for hotel development, consisting of land with an approved Prior Information Request (PIP) for the construction of a hotel with 46 accommodation units.

Located in S. Cosme - Gondomar, the asset is situated in Urbanizable Land – Central Spaces (UOPG 11 – Centralities), benefiting from excellent visibility and accessibility to major road networks (A43, IC29, A3, and VCI), just 10 minutes from Porto city center.

Nearest Metro Stations (Current Network)

Excellent accessibility: 5 minutes from Fânzeres Metro Station (Line F), with direct connection to Porto city center and Estádio do Dragão, enhanced by the future metro expansion to central Gondomar.

Fânzeres Metro Station (Line F - Orange):
- Distance: approx. 2.5 to 2.8 km (about 4 to 5 minutes by car/taxi/ride-share or direct UNIR bus connection).
- Connectivity: Current terminus of Line F, providing direct links to Estádio do Dragão, Campo 24 de Agosto, Bolhão, Trindade, and Senhora da Hora.

Venda Nova / Campainha Metro Station (Line F):
- Distance: approx. 3.0 km (about 5 to 6 minutes by car).

Future Porto Metro Expansion (Gondomar / Souto Line)

The approved future expansion of the Porto Metro plans to extend the line to Souto (Gondomar center), placing a future metro station just meters/minutes on foot from the property location, further enhancing the hotel asset’s value in the medium to long term.

FINANCIAL AND INVESTMENT METRICS
- Land per Room Ratio: approx. €30,326 per room
- Land per Above-Ground Built m² Ratio: €867 per m²
- Estimated Total Investment (Capex): approx. €6.38 million (Land + Construction + Permits)
- Estimated Annual Gross Revenue: approx. €595,700 per year
- Projected Gross Yield: 9.33%

TECHNICAL AND URBAN PLANNING DETAILS (APPROVED PIP)
- Total Land Area: 2,455.50 m²
- Approved Program: Facility – Hotel Unit (6 floors: 4 above ground + 2 basement levels)
- Footprint Area: 402.19 m²
- Above-Ground Built Area: 1,608.76 m²
- Total Built Area (including basements): 2,413.14 m²
- Parking and Services: 2 basement floors with capacity for technical infrastructure, storage, and parking.
- Existing Infrastructure: Land fully served by electricity, sewage, water, and telecommunications networks at the public road.

LOCATION DEMAND DRIVERS AND ANCHORS
Gondomar has a structural shortage of hotel supply amid rapidly growing demand, driven by two main axes:

1- Health and Education Axis: Immediate proximity to Hospital Trofa Saúde Gondomar and the Faculty of Medicine at Universidade Fernando Pessoa generates continuous stays for doctors, faculty, students, and visitors.

2- Events Axis: Close to Gondomar Multiuse Pavilion, a national hub for congresses, fairs, and sports competitions.

3- Other: Proximity to Porto offers a highly profitable hotel alternative compared to acquisition prices in Porto’s historic center.

AVAILABLE DOCUMENTATION (DATA ROOM)
Available upon request and qualification of interest:

- Descriptive Report and Drawings of the Approved PIP.
- Topographic Survey and Zoning Plan Context Map.
- Financial Feasibility and Hotel Operation Study.

Exclusive Sales Contact and Information
For full access to the Data Room (Approved PIP, Plans, Drawings, and Financial Feasibility Study), please contact me.

My name is Joaquim Fernandes, and I am an independent iad real estate consultant. I am qualified to guide you through the entire acquisition process of your new real estate project. For your convenience, I can communicate in Portuguese, English, French, or Spanish.

THE SUCCESS PATH OF iad
Founded in France in May 2008 by Malik Benrejdal, Jérôme Chabin, and Sébastien Caille, iad is now the largest network of real estate consultants in the country, with thousands of consultants across France. The idea was born in a garage to create a fully innovative real estate network aimed at closely supporting clients who want to sell, rent, or buy property, ensuring unparalleled online exposure while enhancing the real estate consultant profession.

The iad concept is based on three fundamental pillars:
- Real Estate: iad France founders are all from the real estate sector;
- The Web: dematerializing agencies to offer more competitive service to clients and an optimized work environment for consultants;
- Network Marketing: creating a dynamic, close-knit network based on sharing and freedom for each consultant to advance their career.

In June 2015, iad began its international expansion with the launch of iad Portugal. Vincent Morin is the company president, sharing management with three other real estate experts who have been part of iad France since its foundation: Bryan Longet, Tony Ferreira (Portuguese descent), and Kader Mouloudji. Among iad Portugal’s founders are Pedro Pimenta, a businessman recognized for over a decade of success in new technologies, and Joel Pereira, currently recognized in France as one of the best ROCs of his generation. Six brilliant minds united to bring this innovative project to Portugal, which has since experienced remarkable growth.

#ref: 1020541
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  • Property type

    Land

  • Price/sqft

    $59

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Gondomar (São Cosme), Valbom e Jovim, Porto, Gondomar, Gondomar (Sao Cosme), Porto District, Portugal View on Google Maps
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IAD Portugal

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IAD Portugal
Portugal
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2019
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IAD Portugal
Porto, Portugal
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First listed
October 1
Listing reference
1020541
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