Portugal

Historic Gaia warehouse transformed into luxury riverside homes

Historic Gaia warehouse transformed into luxury riverside homes
Pescaria project, Vila Nova de Gaia.

A former industrial warehouse once used for crafting Port wine barrels is being reimagined as a premium residential development in Vila Nova de Gaia. The project, named Pescaria, is already under construction and will convert the emblematic riverside structure into a collection of contemporary homes while retaining the architectural character that links it to the region’s wine-producing heritage. Delivery is scheduled for October 2027.

Designed by Pedro Mosca & Pedro Gonçalves Arquitectos, the scheme preserves the building’s historic façade and industrial identity, combining it with modern layouts, generous natural light and panoramic views over the Douro and the city of Porto. With a total construction area of 2,022 sqm, Pescaria comprises 18 one-bedroom apartments and two commercial units.

Unit sizes range from 37 to 90 sqm, with prices between €295,380 and €726,500. A significant portion of the homes are already sold or reserved. Twelve of the residences are duplexes with south-facing terraces, while the remaining units offer wide river views—an increasingly rare asset along the Gaia waterfront.

The rehabilitation work adopts materials and structural solutions aligned with the original industrial aesthetic, ensuring the development blends seamlessly into the historic urban front of Gaia.

Located within minutes of Porto and surrounded by services, retail and transport links, Pescaria is positioned as an attractive option both for owner-occupiers and investors seeking high-quality, limited-supply waterfront product in one of Portugal’s most distinctive urban landscapes.

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