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.