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
  • Parish
    Póvoa de Varzim, Beiriz e Argivai
  • REFPT-125511136-1
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297 m²
382 m²
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Description

Autonomous building strategically located in Póvoa de Varzim, on the second line of 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 implemented in 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 to the operational activity.
The structural value of this asset lies in the 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 appreciation in the current market. I am at your disposal to provide additional clarifications, share the investment dossier or schedule a face-to-face visit.

*** Professional photo report available soon ***

Location

União das Freguesias da Póvoa de Varzim, Beiriz e Argivai, Póvoa de Varzim, Porto

Contacts

Remax PT
Website: remax.pt/
Telephone:
View contacts page Company Remax PT