Description

A historic building situated in the heart of Lamego’s Historic Centre, in Praça do Comércio, one of the city’s most iconic areas and just a few minutes’ walk from Lamego Castle, the Cathedral, the Sanctuary of Nossa Senhora dos Remédios and the historic Church of Almacave, where, according to tradition, D. Afonso Henriques is said to have convened the first Cortes of independent Portugal.

With a gross private area of approximately 305 m², the property is spread over several floors and requires almost complete refurbishment. Despite this, it offers some very interesting features for anyone looking to develop their own project whilst preserving the original building’s design and character.

The building has two separate entrances, generous ceiling heights, a traditional staircase in good condition and an interior layout that allows for a variety of potential uses. It could be adapted for residential use, holiday apartments, private accommodation, retail, services or even a project combining several of these uses.

The ground floor currently houses a let commercial space, allowing for rental income whilst the refurbishment project for the remaining floors is carried out.

The location is one of the property’s key assets. It is situated in a central and historic part of Lamego, within the Douro region, a UNESCO World Heritage Site, with easy access to shops, services and the town’s main tourist attractions.

The property is situated within an Urban Regeneration Area (ARU) and, subject to compliance with current legislation, may benefit from the tax incentives and benefits applicable to regeneration works.

An opportunity for anyone looking for a building steeped in history, in a prime location and with the potential to create a project from scratch, whether for residential use, tourism or investment.

Come and see for yourself the possibilities this property has to offer.

NOTE: The areas of the properties mentioned above are by indication of the respective documents.