Beautiful Estate and Great Business Opportunity
Key Information
- Price:
- €2,000,000
- Reference:
- PP174389
- Type:
- Commercial
- Location:
- Tras-os-montes, Northern Portugal
- Region:
- Northern Portugal
- Country:
- Portugal (PT)
- Bedrooms:
- n/a
- Bathrooms:
- 1
- Living Area:
- 1,603m2
- Plot Size:
- 207,000m2
Description
Situated in the heart of the Douro Valley, this old estate is set on over 20 hectares of land with stunning views and a blank canvas for a brilliant business. Rural tourism is on the rise in the Douro Valley and this property offers a great development opportunity to convert the existing buildings into a healthy ageing and wellness residence. The local council has already approved an architectural project for this property by award winning architect Carlos Castanheira.
The pre-approved project has a first phase of 24 units with large communal areas in a luxurious setting, with the possibility of expanding to a further 16 units, six of which will be built from existing ruins on the site. Within the site there is a small forest where five new units could be built.
On the water there is a river beach with a dock where a beach club will be built, as well as a further five units. The concept is based on a wellness and healing retreat to accommodate long and short term guests.
The vendors have extensive experience in this field and will assist in the full development of the project. The project is estimated to cost €8.5 million from start to finish. Please enquire to learn more about the project, projected returns and timescales.
Ref: PP174389
Property Features
- Commercial
- 1 bathrooms
- Features great views
- Evening sun
Why Choose Berkshire Hathaway HomeServices Portugal Property?
When buying real estate in Portugal, one name stands above the rest—Berkshire Hathaway HomeServices Portugal Property (PortugalProperty.com). As part of the Berkshire Hathaway network, owned by Warren Buffett, we are backed by one of the world's most powerful and trusted brands, ranked fourth most admired globally.
With 10 offices across Portugal—spanning the east to west Algarve, Lisbon, Porto, Cascais, Madeira, and the Azores—we offer unmatched local expertise and national coverage.
Our network includes 50,000+ brokers across 1,400+ offices worldwide, ensuring clients benefit from both global reach and deep market insight. In Portugal alone, we have over 100 brokers, equipped with luxury vehicles to personally guide clients to their ideal properties.
Exclusive Access & Full-Service Support
We offer exclusive listings, and if this property isn't the perfect fit, our strategic partnerships with Portugal's top agencies ensure we'll find the right one. From legal guidance and financing to property management, we provide end-to-end service for a seamless buying experience.
A Brand Built on Trust & Results
With Berkshire Hathaway HomeServices, you're choosing a global leader in real estate, known for integrity, strength, and results. Buying a home is one of the most important investments you'll make—partner with a name you can trust.
Your perfect home in Portugal awaits. Let's find it together.
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