A beautiful historic building that deserves proper renovation and recovery for future new apartments, offices, clinic, or even at a tourism level, such as a charming boutique hotel. The building has an excellent location in the PDM zone (Municipal Master Plan), in the central and historic area of Peso da Régua, capital of the Douro, inserted in the UNESCO World Heritage Site. It has excellent areas for renovation and recovery, with the following dimensions: Gross construction area: 1,590 square meters Building footprint area: 342 square meters Total land area: 1,248 square meters. Consisting of five floors with independent use, respectively: Ground floor D and E, 1st floor A and 2nd floor A, 3rd floor A To the west, it has an orchard area with a tank, courtyard and animal breeding house, and a storage shed. The building is very well located in the city of Peso da Régua, situated in the traditional urban core of the city, whose consolidated layout reflects the nineteenth-century dynamics and the 1800s, associated with wine trade and Douro bourgeoisie. The building is integrated into the renovation strategy of the city's central core, supported by municipal initiatives and structural funds structured in several areas: Urban Rehabilitation Strategy (ARU): The central zone is covered by the Urban Rehabilitation Areas of the municipality. Through the Urban Rehabilitation Support Office (GARUPR), the local authority provides technical support and mediation of tax incentives for private owners who wish to recover historic properties. Associated Tax Benefits: Being in a priority rehabilitation zone, any structural intervention in the building can benefit from incentives such as VAT reduction to the minimum rate (6%) on rehabilitation works, exemption or reduction of IMI and IMT, and reduced municipal fees for licensing. Come and discover this excellent investment opportunity in person!