£341,864

(€71/sq. ft)

€399,000

Block of flats for sale
Esgueira, Aveiro, Portugal

    • 4 baths

    • 5,597 sq. ft

Added on 07/08/2026

About this property

    ️ Investment Opportunity in Aveiro | High-Potential Redevelopment Project

    Excellent opportunity for investors and property developers, located in Monte do Paço, Esgueira – just 5 km from the centre of Aveiro, in an urban area with strong residential and business demand.
    The property consists of a detached building with 520 m2 of built area, set on a fully walled urban plot of 2,145 m2, with an excellent frontage, good access and ample parking space.
    Redevelopment Potential – the key differentiator
    The building’s layout and location make it ideal for redevelopment projects, namely:

    Conversion of the existing building into up to 4 apartments

    Mixed-use project with a restaurant or commercial space on the ground floor and rooms/apartments on the upper floor

    A highly sought-after solution for accommodation of technicians and specialised professionals working in nearby industrial units such as Renault, Bosch and surrounding companies

    There have already been concrete expressions of interest for this type of use.
    This type of asset currently shows high demand, high occupancy rates and excellent profitability.
    Land with additional development potential
    The plot has sufficient area and frontage to allow, subject to project approval and urban planning regulations:

    Construction of houses

    Complementary development alongside the existing building

    Strategic location

    Consolidated urban area

    5 km from the centre of Aveiro

    Good road access

    Close to industrial hubs, services and commerce

    Strong demand for residential and professional rental

    ➕ Additional advantage
    The property benefits from a licence for restaurant, beverages and entertainment, representing added value for those wishing to develop a project in this sector, without excluding other redevelopment possibilities.
    A versatile asset with a future
    This property stands out for its location, land size, flexibility of use and appreciation potential, making it an excellent opportunity for:

    Property investment

    Residential rental

    Mixed-use project (residential + commercial)

    Restaurant, events or leisure

    For more information or to schedule a visit, please get in touch.
    As an independent consultant with the iad Portugal network, I support the entire process with rigour, transparency and security, working with technical and legal partners whenever necessary.
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