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Building for sale in Póvoa de Varzim, Beiriz e Argivai, Póvoa de Varzim RE/MAX Portugal
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- Property typeBuilding
- Sale € 2.100.000
- Area297 m² | 382 m²
- Construction1951
- CountyPorto
- TownPóvoa de Varzim
- ParishPóvoa de Varzim, Beiriz e Argivai
- REFPT-125511136-1
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6
297 m²
382 m²
-1
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D
Description
Autonomous building strategically located in Póvoa de Varzim, next to the sea and just 550 meters from the emblematic Casino da Póvoa, inserted in one of the areas of greater tourist, residential and service demand of the coastal strip north of Porto.
The property benefits from a solid physical structure and a general state of conservation that allows the immediate use of its current building, being implanted on a plot of land of 297sqm with a gross building area of 387sqm. Its internal configuration offers the following functional program:
• 23 Bedrooms: Divisions with generous areas and excellent sun exposure, designed for a high capacity of occupancy.
• 2 Autonomous Kitchens: Spaces dimensioned to respond efficiently to the volume of residents or guests.
• 5 Complete Bathrooms: Functionally distributed on the different floors of the building.
• 1 Social Toilet: Sanitary installation supporting the common areas.
Large Private Yard / Garden: outdoor space with unusual dimensions, for the 2nd line of the sea, ideal for outdoor leisure areas, social gatherings or support for operational activity.
The structural value of this asset lies in the harmonious combination between the constructive volume and its premium location, allowing different strategies of heritage valorization and financial return.
On the one hand, the immediate operational exploitation through a rent, coliving or lodging model directly benefits from the revenue density per square meter provided by the number of rooms, significantly reducing the risk of global vacancy and adapting easily both to the medium or long term rental market for professionals and students as well as temporary accommodation.
On the other hand, the existing volumetry and the scale of the lot are an excellent basis for real estate developers who want to rehabilitate the space or move forward with a root promotion aimed at autonomous fractions or a charming hotel unit, by submitting it to the competent entities.
The centrality of the building guarantees a purely pedestrian experience in everyday life, being a few meters from the beaches, the seaside, the Casino and a wide range of traditional commerce, catering and essential services. At the same time, the excellent road connectivity ensures fast connections to the access nodes of the A28 and A7 motorways, allowing quick travel to Francisco Sá Carneiro Airport and the main industrial centres of the northern region, reinforced by the proximity to public transport networks.
Due to its privileged location and the unusual capacity of profitability per square meter, this property represents an asset of high strategic value and strong potential of valuation in the current market. I am at your disposal to provide additional clarifications, share the investment dossier or schedule a face-to-face visit.
Below, I present the strategic analysis and the development potential for this asset:
Potential and Location
• Accessibility: The proximity to the highway expands the target audience for those who work in neighboring cities or need to move quickly (ex: direct connection to the Grand Port or industrial axis of the North).
• Convenience: The strong presence of local commerce and transportation at the door reduces the dependence of the car for day-to-day, a factor increasingly valued in the current real estate market.
• Flexibility: Being a building targeted for construction (new) or rehabilitation (deep), it offers total freedom to draw the project from the root according to the demand of the local market.
*** Professional photo report available soon ***
The property benefits from a solid physical structure and a general state of conservation that allows the immediate use of its current building, being implanted on a plot of land of 297sqm with a gross building area of 387sqm. Its internal configuration offers the following functional program:
• 23 Bedrooms: Divisions with generous areas and excellent sun exposure, designed for a high capacity of occupancy.
• 2 Autonomous Kitchens: Spaces dimensioned to respond efficiently to the volume of residents or guests.
• 5 Complete Bathrooms: Functionally distributed on the different floors of the building.
• 1 Social Toilet: Sanitary installation supporting the common areas.
Large Private Yard / Garden: outdoor space with unusual dimensions, for the 2nd line of the sea, ideal for outdoor leisure areas, social gatherings or support for operational activity.
The structural value of this asset lies in the harmonious combination between the constructive volume and its premium location, allowing different strategies of heritage valorization and financial return.
On the one hand, the immediate operational exploitation through a rent, coliving or lodging model directly benefits from the revenue density per square meter provided by the number of rooms, significantly reducing the risk of global vacancy and adapting easily both to the medium or long term rental market for professionals and students as well as temporary accommodation.
On the other hand, the existing volumetry and the scale of the lot are an excellent basis for real estate developers who want to rehabilitate the space or move forward with a root promotion aimed at autonomous fractions or a charming hotel unit, by submitting it to the competent entities.
The centrality of the building guarantees a purely pedestrian experience in everyday life, being a few meters from the beaches, the seaside, the Casino and a wide range of traditional commerce, catering and essential services. At the same time, the excellent road connectivity ensures fast connections to the access nodes of the A28 and A7 motorways, allowing quick travel to Francisco Sá Carneiro Airport and the main industrial centres of the northern region, reinforced by the proximity to public transport networks.
Due to its privileged location and the unusual capacity of profitability per square meter, this property represents an asset of high strategic value and strong potential of valuation in the current market. I am at your disposal to provide additional clarifications, share the investment dossier or schedule a face-to-face visit.
Below, I present the strategic analysis and the development potential for this asset:
Potential and Location
• Accessibility: The proximity to the highway expands the target audience for those who work in neighboring cities or need to move quickly (ex: direct connection to the Grand Port or industrial axis of the North).
• Convenience: The strong presence of local commerce and transportation at the door reduces the dependence of the car for day-to-day, a factor increasingly valued in the current real estate market.
• Flexibility: Being a building targeted for construction (new) or rehabilitation (deep), it offers total freedom to draw the project from the root according to the demand of the local market.
*** Professional photo report available soon ***
Location
União das Freguesias da Póvoa de Varzim, Beiriz e Argivai, Póvoa de Varzim, Porto
