Jardins da Ria

Asking Price: €2,122,000

Touristic complex located in Torreira, Aveiro, at a walking-distance from the beach:

• Plot 1: Aparthotel already constructed with 24 apartments, gym academy and spa;
• Plot 2: Plot for development with 2,300 sqm of potential GCA;
• Plot 3: Leisure area (pool and restaurant/bar);
• Plot 4: Leisure area – Tennis court;
• Plot 5: Plot for retail/restaurant.

The aparthotel is closed and in reasonable conservation conditions, being comprised of:

• Six studios with an average GPA of 29 sqm;
• Fourteen 1-bedroom apartments with an average GPA of 44 sqm;
• Four 2-bedroom apartments with an average GPA of 66 sqm.

The asset is located near the river, in a peaceful environment. It is a low-density area, manly comprised of single-family houses:

• It is located 40 kms from Aveiro and 57 kms from Porto;
• The strong connection with the river has led to the development of a couple of touristic developments, including a Pestana hospitality establishment.