Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
NIY N/A

Documents

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I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built -
Building Area Gross
Land Area Gross ()
Number of units 161

Asset Description

JLL is pleased to present Cais do Lugan, a stunning hospitality development opportunity in the Douro riverbank, Vila Nova de Gaia.


Taking advantage of its riverside location and leveraging on its rich history, the plot allows for a unique contemporary project that benefits from splendid views of the Douro river and a panoramic overview of Porto.


With a total of 3,640 sqm of plot area and several buildings to redesign and reconstruct, the property has an approved PIP for the construction of a 161-unit hotel or aparthotel (5-star or 4-star classification) with 9,727 sqm of GCA above ground and 1,898 sqm of balconies and terraces. Nonetheless, the municipality’s general Masterplan (“PDM”) discloses a diverse set of potential uses, including residential, retail and services.

Investment Highlights

Riverside, unique location in Vila Nova de Gaia, with splendid, panoramic views over the UNESCO World Heritage city of Porto and Douro.


9,727-sqm GCA project with a differentiated concept: a unique and historically rich 161-room hotel establishment, in a growing hospitality market. 


Potential to develop a perfectly integrated hospitality solution, creating a new urban front cohesive with the green surrounding landscape. 


Approved PIP – Quicker time to market and reduced licensing risk.

Last Updated Date: 11 Aug 2022

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Last Updated Date: 11 Aug 2022

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