Building For Renovation At Cais Capelo Ivens Vn Gaia Porto

Located on CAIS DO CAPELO IVENS, in a prime riverfront position at the heart of the historical center of Vila Nova de Gaia, this building represents an excellent investment opportunity.

The property, with a preliminary information request (PIP) submitted to the Gaia City Council, proposes the development of six residential units (T2 and T3 typologies) with a total gross construction area of 1,294 sqm, distributed over three floors above ground level. The project includes six parking spaces and a multipurpose room facing the building’s garden — an inviting and relaxing outdoor area that enhances the living experience.
Set on a 1,041 sqm plot, the property benefits from a privileged riverfront location offering unobstructed panoramic views that capture the essence of Porto.
Situated within an Urban Rehabilitation Area (ARU), the project is eligible for tax incentives, and the area is classified as a UNESCO World Heritage Site, reinforcing its cultural and historical value.

The Cais do Capelo area in Vila Nova de Gaia is of great historical and cultural significance, recognized by UNESCO as part of the World Heritage designation. This classification highlights the uniqueness and importance of the location, making it a highly desirable and distinctive setting. The urban fabric and numerous historic buildings reflect over a thousand years of development — a masterpiece of human creativity, harmoniously integrating the streets with the surrounding landscape and the Douro River. Together, Gaia and Porto form a unified visual panorama of exceptional beauty.
This property enjoys an outstanding location — just five minutes from major access roads, ensuring convenient mobility across the city and surrounding regions. The train station is only 10 minutes away, and the area offers proximity to restaurants, supermarkets, schools, and hospitals.

Key Features
•    Gross construction area: 1,294 sqm
•    Plot area: 1,041 sqm
•    No current tenants
•    Originally built: 1937
•    Proposed use: Residential (6 units, T2 and T3)
•    Total floors: 3 (above ground level)
•    Parking spaces: 6
Building Area Data (PIP Submitted)