Pescaria — Exclusive Riverfront Residences in Vila Nova de Gaia

From €296,000 — One-bedroom apartments — Prime for investors & second-home buyers

A Rare Opportunity on Porto’s Most Iconic Waterfront

Pescaria transforms a former Port wine barrel factory into 20 spacious contemporary residences, positioned directly along the Douro River. With both riverbanks protected from new large-scale development, this project represents an exceptionally scarce chance to own premium waterfront real estate in one of Portugal’s most in-demand locations.

The development includes 18 one-bedroom apartments, all offering generous layouts, expansive windows and uninterrupted views of Porto’s UNESCO-listed historic centre. Select units provide private terraces, and eight rare parking spaces ensure unmatched convenience.

For investors, this is an opportunity backed by scarcity, rising demand, and Porto’s growing rental market with stable yields around 7%.

Key Highlights

• From €296,000
• Historic industrial building fully restored
• 1-bedroom apartments with spacious floorplans
• Direct Douro River views
• Extremely limited supply: no new waterfront development possible
• Expected yields approx. 7%
• 8 private parking spaces available
• Strong option for investment, rental income or second residence

Payment Terms

• €5,000 reservation
• 20% on contract (–€5,000)
• 80% on completion (Q3 2027)

Location — Vila Nova de Gaia

Pescaria sits at one of the most privileged points on the Douro waterfront:

• Facing Porto’s UNESCO-listed Ribeira
• Steps from Port Wine Cellars & World of Wine
• Close to cable car, Michelin dining & luxury hotels
• Riverside path to beaches, fishing villages & the Atlantic
• New pedestrian/cycle/metro bridge connecting to Boavista & airport by 2027

A blue-chip location with long-term growth potential.

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Benoit Properties assists its clients in English throughout the entire acquisition process.