Canelas, Porto 4410

On Rua do Pinhal, in Canelas, there is a residential development opportunity with a favorable Preliminary Information Request (PIP) for the construction of a multifamily housing project. The approved proposal envisions two residential blocks served by a common basement for parking and storage, with a functional arrangement designed to create a balanced relationship between construction, accesses, parking and surrounding green areas. The project also includes a central courtyard providing access to the dwellings, reinforcing the residential reading of the complex and its urban integration. Canelas has been consolidating as a residential expansion area in Vila Nova de Gaia, especially for families and buyers seeking a more balanced alternative between price, usable area and construction quality. In a context where Gaia and Porto city centers show increasingly demanding purchase values, this location benefits from the natural shift of demand to areas with good accessibility, greater availability of new product and a perceived more rational value. The site has a total area of 5,056.58 m², with a total gross construction area (residential) of 5,300.96 m², distributed across multifamily housing, plus a basement for parking of 2,062.64 m². The proposal also foresees the transfer of area to the public domain and the creation of outdoor public-use spaces, reinforcing the projects urban framing. Areas Table: Total Site Area: 5,056.58 m² Implantation Area: 2,062.64 m² Gross Construction Area (Housing): 5,300.96 m² Gross Construction Area of Basement -1 (Parking): 2,062.64 m² Area to be Transferred to Public Domain: 2,993.94 m² Total Volume: 20,362.86 m³ Maximum Height: 13.51 m Typology: Multifamily Housing With the favorable PIP issued by the Vila Nova de Gaia City Council, this asset allows the promoter to start from an urban foundation already validated, reducing uncertainty and shortening the path to development of the architecture project and its licensing. This is an opportunity especially suited for developers/builders and investors looking to develop new residential product in a growing location, with substantial scale, favorable urban framework and to meet a housing demand increasingly oriented toward solutions outside the most pressured centers. This project has very attractive profitability potential! I am available to provide all necessary clarifications, share available documentation and collaborate as needed for a rigorous analysis of the operation. Casa Da Portela Imobiliária A real estate brokerage and credit intermediation company founded in 2013. Its founding partners have solid experience since 1994 in the real estate market, staying alert to trends and evolution, with Credit Intermediation registered with Banco de Portugal no. 0004889. The company began by focusing on the Greater Porto region, achieving a high volume of transactions from the start. The success of the business model led Casa da Portela Imobiliária to Vila Nova de Famalicão in 2022. Casa da Portela Imobiliária aims to value the work of its consultants and provide excellent service to its clients, offering quality service and peace of mind to achieve good deals and ensure client and partner satisfaction. To achieve this, we have a multidisciplinary team of qualified professionals with extensive experience in real estate mediation, enabling us to present and suggest the best alternatives for your sales, rental, or real estate investment goals. We have a privileged network of contacts that allows us to enhance the promotion, management and realization of your property deal in various formats. 3 Fundamental Pillars of Casa da Portela: Mission Our mission is to align our exceptional objectives (financial, human and social) within our organization and unite them with our no less exceptional clients, always meeting their needs, desires and expectations. Casa da Portela Imobiliária was founded to provide ongoing support, explanation and clarificati