Description
Lugan is a stunning hotel development on the banks of the Douro River in Vila Nova de Gaia. Capitalizing on its riverside location and rich history, the site lends itself to a unique contemporary project with splendid views of the Douro River and a panoramic view of Porto. With a total land area of 3,640 m2 and several buildings to renovate and rebuild, the property has a PIP approved for the construction of a 161-room hotel (5- or 4-star rating) with 9,727 m2 of GCA above ground and 1,898 m2 of balconies and terraces. The site has a total area of 3,640 square meters, with a set of six buildings that have been constructed and transformed over time and history. With quick access to Porto and Vila Nova de Gaia and close to the main tourist areas, Lugan offers the location and licensing conditions for a distinctive hotel development. The lot we are developing is located in "Lugar do Cavaco," between the parishes of "Santa Marinha" and "São Pedro da Afurada," in Vila Nova de Gaia. The land faces the Douro River with fantastic views of the city of Porto. Capitalizing on its riverside location and rich history, the property's location allows for a unique contemporary project that benefits from splendid views of the Douro River and panoramic views of the city of Porto. The PIP includes the construction of a 161-room hotel on a 9,727 m2 lot, featuring a spa, infinity pool, and covered parking. The hotel is within walking distance of Porto's famous wine cellars. Downtown Porto is just across the river and a 10-minute drive away. Porto Airport is a 15-minute drive away. The Atlantic Ocean beaches are just a 10-minute walk away, stretching over more than 15 kilometers of coastline, and connected by a promenade and a bike path along the coast. NESTPRIVATE is a real estate company that operates in the property management, brokerage, and purchase and sale markets. With a high standard of professionalism in providing real estate services, we strive to conduct good business efficiently, thus providing peace of mind and confidence to OUR clients. Making our clients' dreams come true is our priority. We are constantly focused on solutions.
