House T2 in Vila Nova de Gaia with 172 m²

House with Potential for Two 1-Bedroom Apartments in Vila Nova de Gaia – Historic Area, Next to the Hilton Porto Gaia.

This house represents an excellent rehabilitation and investment opportunity in the heart of the historic center of Vila Nova de Gaia, one of the most touristic and valued areas in the Porto Metropolitan Area.

With a plot of 122 m² and a gross private area of ​​172 m², the property needs renovation work, and a feasibility study has already been carried out for conversion into two 1-bedroom apartments — ideal for short-term rental or operation as Local Accommodation (AL). Premium Location – Strong Tourist Attractiveness:

The villa is located behind the Hilton Porto Gaia, a few minutes' walk from the Douro riverfront, the Port wine cellars and the iconic Dom Luís I Bridge, which connects directly to the Ribeira do Porto.

The area is one of the most sought after by national and international tourists, due to its historical atmosphere, panoramic views and proximity to attractions such as:

Gaia Quay

Gaia Cable Car

Serra do Pilar Monastery

Cultural spaces, restaurants and wine bars

General Torres Metro Station (direct access to Porto and airport)

The area has seen strong real estate and tourism appreciation in recent years, with continuous urban rehabilitation and an increase in demand for quality local accommodation. Main features:

Prime location in the historical area of ​​Gaia

Located in an area with strong tourist flow, near the Hilton

Potential for conversion into 2 one-bedroom apartments

Feasibility study carried out

High potential for profitability and appreciationProfitability Projections (based on average values ​​in the area):

Apartment 1 (T1):

Low season (Oct. to Feb.): R$ 80 to R$ 100/day | Estimated occupancy: 80%

High season (March to September): R$100 to R$125/day | Occupancy close to 100%

Estimated annual revenue: €29,000

Apartment 2 (T1):

Low season: €100 to €125/day | Estimated occupancy: 90%

High season: €125 to €150/day | Near 100% Occupancy

Estimated Annual Revenue: R$ 42,000

Total Estimated Gross Revenue: R$ 71,000/year

Costs and Expenses (approximate):

Management by a specialized company (18%): R$ 13,000/year

Utilities (water, electricity, insurance): R$ 3,000/year

Taxes (IRS/IRC, IMI, AL): €10,000/year

Estimated Net Profit: R$ 45,000/year

Conclusion:

This house in Vila Nova de Gaia is a unique rehabilitation opportunity with a high return. With a premium location next to the Hilton and the most touristic area of ​​Gaia, the property has the potential to be converted into two highly profitable one-bedroom units for short-term rentals, benefiting from almost constant occupancy throughout the year.

It is an ideal option for investors seeking an asset with guaranteed appreciation, high annual income, and low seasonality.

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