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Piece of Real Estate

Vila Real, Peso da Régua

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Piece of Real Estate, Vila Real, Peso da Régua 71 150 € Ref: 25.11/012
435 m²
989 m²
**Investment Opportunity – 989 m² Plot in the Centre of Régua
Urgent Sale
Here’s a great opportunity right in the city centre of Régua (Vila Real): a plot made up of 4 lots forming a “U”, with a total area of 989 m², available for the exceptional price of €65,000 — well below its real valuation of €80,000.
This is a high-potential investment, easy to develop, in an area with strong demand and excellent location.
Key Features & Potential:
  • 4 adjoining lots (U-shaped)
  • Total area: 989 m²
Existing project includes:
  • A 235 m² swimming pool
  • Two commercial spaces, each 63 m²
Prime location: just a few metres from the Régua Court, right in the city centre
High residential density: 58 apartments in the surrounding area
Urban Situation & Viability
The land was originally part of a residential buildings + communal pool project, but the contractor went bankrupt before completing it.
The owner already sent a letter to the Mayor, who gave a positive opinion for building housing/residential buildings, as long as a PIP (Prior Information Request) is submitted.
In other words, the municipality is clearly open to approving housing here.
The pool + 2 commercial units project is already approved and can move forward immediately.
Business Opportunity:
The area lacks essential services, making this land perfect for:
  • Gym
  • Mini-market
  • Local services
  • Residential support commerce
  • Or new housing development, via PIP, with high chances of approval
With 58 apartments around and very little local commerce, this investment has strong potential for quick returns, whether through resale, rental income or direct development.
Main Advantages:
  • Price well below real value
  • Project already started and partially approved
  • Central and strategic location
  • Flat and versatile plot
  • Strong demand for services and housing in the area
  • Municipality open to fast licensing through PIP
I’m available to provide plans, documents, existing opinions and to assist with the entire process with the local authorities.
If you’d like to visit the plot or request more details, just reach out!
Property Type Piece of Real Estate
Typology 0 Bedrooms
Objective Sell
Condition N/A
Price 71 150 €
Year of Construction N/A
Country Portugal
District Vila Real
County Peso da Régua
Parish Peso da Régua e Godim
Zone N/A
Porto Marquês
Porto Marquês
Chamada para a rede móvel nacional
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