LJN69: Watermill Ruins

Valpaços, Vila Real

Price:

€65,000

3 ruins of old water mills to convert into houses. 3,153m2 land by the river

Property Advertised by: Owner

Property Description

This riverside property has 3 water mills for renovation and a piece of 3,153m2 land.

2 ruins are direct on the river and the third one is 10 meter away. It is possible to build a 2 bed, 1 bath house of about 60m2 on each of the ruins.

The river has plenty of water the whole year and is perfect for micro hydro power so you will have free electricity 24/7.

The property lie in beautiful mountain area, 5 minutes by car to cafe, grocery store and restaurant and 30 minutes to the city  of Vila Real.
All ruins are measured and registered and are ready to start renovation and building upon. Seller may help to build with only ecological materials.

Purchase options:
Each ruin can be sold separately for €25,000 including 1,000m2 land for the 2 mills and 1,153m2 land for the other ruin.

It is possible to buy 1 other mill in the other bank of the river. Please see the advert LJN27.

Property Location

For owner privacy, map may not show exact location of the property.

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