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.
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.