Quintela e Penalva – Real Estate, a 100% Portuguese real estate consultant, is marketing the Cooper Residence development, a residential building in the historic area of Vila Nova de Gaia, next to the Port Wine Cellars. This is an urban renewal project that will transform a former warehouse linked to the wine industry into a luxury residential development.
Scheduled for completion in the third quarter of 2021, Cooper Residence is a development of 23 apartments spread over six floors, with T0 to T3 duplex typologies and areas between 42 m² and 168 m². The apartments will have a modern and comfortable style, with high quality finishes that favor energy efficiency, robustness and durability. All fractions T2 and T3 have parking spaces, some single and some double, totaling nine single and three double parking spaces.
It is also in this area that in 2020 will be born the World of Wine, a complex with museums, restaurants and an international school dedicated to wine and its importance to the Invicta City. According to Francisca Doria, Commercial Director of Quintela e Penalva – Real Estate, the historic area of Vila Nova de Gaia has grown significantly in terms of tourism due to its close connection with wine culture, and is also a focus of great interest to investors.
The Cooper Residence project reflects the strong investment that Quintela e Penalva – Real Estate has been making in Porto, a strategic market for the real estate consultant where, earlier this year, the Pinto Bessa project was presented in the parish of Bonfim.
About Quintela and Penalva – Real Estate
Founded in 2004 by Francisco Quintela and Carlos Penalva, Quintela e Penalva – Real Estate is a 100% Portuguese real estate agency specializing in the sale and rental of luxury real estate in Lisbon, Cascais and Porto. Quintela e Penalva – Real Estate offers different types of real estate, such as villas, villas or developments, some of which have a distinctive architecture and high historical burden. Quintela e Penalva Real – Estate was the first Portuguese consultant to provide fully integrated Concierge & Relocation services directly related to property acquisition or lifestyle & personal assistance.