New

Investment property on the 1st seafront line - Foz do Douro

€2,400,000
  • 14 Rooms
  • 8 Bedrooms
  • ~408 m² Total surface
  • ~272 m² Living area
  • ~136 m² Plot surface

Description

We present a rare investment opportunity in one of Porto’s most exclusive areas, the prestigious Foz do Douro. This villa, currently vacant, benefits from an absolutely privileged seafront location, offering direct, unobstructed ocean views—an increasingly scarce and highly valued attribute. The property has a gross construction area of 408 m² and a footprint area of 136 m², and is currently arranged over three floors. However, it offers strong value‑uplift potential, having already obtained an approved PIP (Prior Information Request) allowing its expansion up to 685 m² of gross construction area, enabling an increase to a total of five floors. This is an excellent opportunity to develop a luxury residential project, a rehabilitation for premium investment, or the creation of an exclusive real estate asset in a high‑demand location. The combination of the unique location, sea views, and significant build potential makes this property truly distinctive in the market.
Features
Sea/Lake viewOpen view
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Engel & Völkers Porto Foz

Your advisor: Francisco Barbosa

Property ID: W-049COV

Property details
  • Object type

    Detached house

  • Rooms

    14

  • Bedrooms

    8

  • Number of Floors

    3

  • Total surface

    ~408 m²

  • Living area

    ~272 m²

  • Plot surface

    ~136 m²

  • Flooring

    Wooden floor

  • Building restrictions

    None

Energy efficiency information
  • Construction year

    1836

  • Energy certificate available

    No

Location: Porto, Porto District

Foz do Douro is one of the most iconic areas of the city of Porto, situated on the Atlantic coast where the River Douro meets the ocean. The waterfront promenade is one of the main hubs of local life. Walks along the Atlantic, outdoor sports and moments of leisure at the end of the day are part of daily life for those who live in the area. Beaches such as Praia da Luz and Praia do Homem do Leme characterise the coastal landscape and reinforce the permanent connection to the sea. The area also maintains a strong sense of community and a distinctive urban experience. The Mercado da Foz preserves the traditional spirit of local trade, whilst the Passeio Alegre, with its historic garden, remains a meeting place for residents and visitors alike, stretching along the extensive waterfront that runs alongside the seafront. The culinary scene also contributes to the area’s vibrancy. Bocca stands out for its contemporary approach, whilst Camélia Brunch Garden, situated beside the Douro, is known for its garden setting and relaxed brunch offering. Between the river and the ocean, Foz do Douro combines heritage, proximity to the sea and a unique urban experience, making it one of the most sought-after areas for those who value quality of life by the Atlantic coast.

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