House T4 for sale in Penafiel

Detached property comprising a ground floor and first floor, set on a 1,140 m² plot of land, with a gross construction area of 372 m². The ground floor features three independent entrances, including two former areas that were used in support of wine production, as well as a room that has already been adapted for residential use. The first floor comprises several living rooms, bedrooms, kitchens and bathroom facilities, with this floor benefiting from two independent access points. The property requires renovation works. Due to its characteristics, available areas and independent access points, this property represents an excellent real estate investment opportunity, with the potential to create up to five residential units intended for the rental market, subject to the development of a suitable project and the obtaining of the respective approvals and licences. The land is divided into three terraces, with the majority of the area being used for private cultivation, and does not directly border any public road. The property also benefits from views over the Tâmega River, providing a peaceful and pleasant setting. It is located in the parish of Boelhe, approximately 7 minutes from Boelhe River Beach and approximately 20 minutes from Penafiel city centre. An opportunity particularly suited to investors looking to develop a renovation project with income-generating potential through the rental market, in an area of great natural beauty.