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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
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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
+351 938 298 965
Chamada para a rede móvel nacional
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