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Large Plot In Prime Location

5300-178 Bragança, Portugal

Property Description

The 3104 sqm plot in located in the central area of the city of Bragança, northeastern Portugal.
The town's economy relies on the Polytechnic Institute (with the largest number of foreign students amidst similar institutions in Portugal), local and central government agencies alongside (mostly) small-scale commercial and industrial enterprises.
Bragança is serviced by an air-strip with daily flights to Lisbon and the Algarve, is 204 Km away from Oporto (2 hour drive) and 30 km from the border with Spain (350 km from Madrid)..
The plot houses an out of service flower mill built in the late 1920's (to be demolished or rehabilitated) and occupies a large portion of the João da Cruz avenue. It is ideal for various purposes - housing (apartments), multipurpose, healthcare facilities (hospital, clinic or geriatric center), tourism (hotel) - as the local planning regulations allow a 60% lot occupancy and building heights ranging from Ground Floor + 1 to + 4 floors.

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