A beautiful historic building that deserves proper renovation and recovery for future new apartments, offices, clinic, or even tourism purposes, such as a charming boutique hotel. The building is excellently located in the central and historic area of Peso da Régua, capital of the Douro region, within the UNESCO World Heritage Site. It has excellent renovation potential, with a private gross area of 706 square meters and a total land area of 1,248 square meters. Consisting of five floors or independent divisions, respectively: Ground floor D and E, 1st floor A and 2nd floor A, 3rd floor A. To the west, there is a vegetable garden with a tank, courtyard and animal breeding house, as well a storage building. 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 and twentieth-century dynamics 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 across several areas: Urban Rehabilitation Strategy (ARU): The central area is covered by the Urban Rehabilitation Areas of the municipality. Through the Urban Rehabilitation Support Office (GARUPR), the municipality provides technical support and mediation of tax incentives for private owners who wish to recover historic properties. Associated Tax Benefits: As it is in a priority rehabilitation zone, any structural intervention in the building can benefit from incentives such as VAT reduction to the minimum rate (6%) for rehabilitation works, exemption or reduction of IMI and IMT, and reduced municipal fees for licensing. Come and discover this excellent investment opportunity in person!