Palacete
17 Apartments
3 T0 · 13 T1 · 1 T2
Under construction · Rua Soares dos Reis, Vila Nova de Gaia
The Old Distillery — new studio to 3-bedroom apartments in a private condominium in central Vila Nova de Gaia, near D. João II metro
Private condominium.
Industrial heritage, contemporary living.
107 studio to 3-bedroom apartments in 4 buildings, with a swimming pool, gardens, gym, coworking space and underground parking, 200 m from the metro.
ExploreDEVELOPER GRUPO TEPPE
107Apartments
4Buildings
Studio–3 bedApartment types
€205,000Prices from
AEnergy rating
The project
A former distillery
reborn as a private condominium.
On Rua Soares dos Reis in Vila Nova de Gaia, The Old Distillery brings together four buildings — Jardim, Montanha, Palacete and Dos Reis — around gardens and a swimming pool, with architecture by NN Arquitectura and construction by Teppe Engenharia.
Natural materials and earthy tones, a ceramic façade inspired by the existing building and interiors designed for everyday comfort.
Swimming pool and gardens
Underground parking
Energy rating A
Underfloor heating
Dos Reis
5 Apartments
4 T2 · 1 T3+
Montanha
15 Apartments
4 T0 · 8 T1 · 3 T2
Jardim
70 Apartments
5 T0 · 34 T1 · 24 T2 · 7 T3+
Apartment types
Studios to 3-bedroom apartments, with balconies and terraces.
Studio
Studio with kitchen and balcony.
12 un.
Across the development
From€205,000
1-bedroom
One bedroom, for living or investment. Includes T1+1 and T1 Office layouts.
55 un.
Across the development
From€240,500
2-bedroom
Two bedrooms, including duplex layouts.
32 un.
Across the development
From€375,000
3-bedroom
Three-bedroom and T3+1 layouts.
8 un.
Across the development
From€445,000
Prices and availability
Sales inventory
Price list dated 2026-10-28. 24 of 107 units available. Prices may change at any time.
Apartment type
Status
| Unit | Building | Floor | Apartment type | Gross area | Balconies | Parking | Total area | Status | Price |
|---|---|---|---|---|---|---|---|---|---|
| K | Palacete | 3 | 1-bedroom | 52,26 m² | — | — | 52,26 m² | Available | €241,500 |
| V | Dos Reis | 2 | 3-bedroom +1 | 113,38 m² | — | 2 | 113,38 m² | Available | €445,000 |
| X | Montanha | 2 | Studio | 39,33 m² | 5,68 m² | — | 45,01 m² | Available | €205,000 |
| AA | Montanha | 3 | 1-bedroom | 52 m² | 15,97 m² | 1 | 67,97 m² | Available | €264,600 |
| AB | Montanha | 3 | 1-bedroom | 52 m² | 13,23 m² | 1 | 65,23 m² | Available | €260,000 |
| AE | Montanha | 4 | 1-bedroom | 52 m² | 15,97 m² | 1 | 67,97 m² | Available | €266,600 |
| AF | Montanha | 4 | 1-bedroom | 52 m² | 13,24 m² | 1 | 65,24 m² | Available | €262,000 |
| AI | Montanha | 5 | 1-bedroom | 55,43 m² | 16,98 m² | 1 | 72,41 m² | Available | €272,500 |
| AJ | Montanha | 5 | 1-bedroom | 69,21 m² | 6,36 m² | 1 | 75,57 m² | Available | €313,500 |
| AZ | Jardim | 4 | 1-bedroom +1 | 52,09 m² | — | — | 52,09 m² | Available | €240,500 |
| BB | Jardim | 4 | 1-bedroom office | 52,63 m² | 4,47 m² | 1 | 57,1 m² | Available | €260,000 |
| BI | Jardim | 5 | 1-bedroom +1 | 52,09 m² | — | — | 52,09 m² | Available | €240,500 |
| BK | Jardim | 5 | 1-bedroom office | 52,63 m² | 4,47 m² | 1 | 57,1 m² | Available | €260,000 |
| BW | Jardim | 3 | 1-bedroom | 52,68 m² | 5,55 m² | — | 58,23 m² | Available | €242,500 |
| CC | Jardim | 3 | 1-bedroom | 55,05 m² | 4,47 m² | — | 59,52 m² | Available | €248,500 |
| CL | Jardim | 4 | 1-bedroom | 55,05 m² | 4,47 m² | 1 | 59,52 m² | Available | €248,500 |
| CU | Jardim | 5 | 1-bedroom | 55,05 m² | 4,47 m² | 1 | 59,52 m² | Available | €250,000 |
| BR | Jardim | 6 | 3-bedroom | 108,38 m² | 124,38 m² | 2 | 232,76 m² | Available | €630,000 |
| CX | Jardim | 6 | 1-bedroom | 56,34 m² | 60,18 m² | 1 | 116,52 m² | Available | €285,000 |
| CY | Jardim | 6 | Studio | 46,99 m² | — | — | 46,99 m² | Available | €220,000 |
| CZ | Jardim | 6 | 2-bedroom | 69,1 m² | 13,49 m² | 1 | 82,59 m² | Available | €375,000 |
| DA | Jardim | 6 | 2-bedroom | 67,97 m² | 14,01 m² | 1 | 81,98 m² | Available | €375,000 |
| DB | Jardim | 6 | 3-bedroom | 121,18 m² | 41,05 m² | 2 | 162,23 m² | Available | €590,000 |
| DC | Jardim | 6 | 3-bedroom | 111,8 m² | 67,52 m² | 2 | 179,32 m² | Available | €570,000 |
Location
In central Gaia,
minutes from Porto.
Metro, motorways, shops, schools and gardens nearby, with the Douro and Porto just a short distance away.
Rua Soares dos Reis, Vila Nova de Gaia
Metro D. João II200 m
Motorway access400 m
Supermarkets450 m
Jardim de Soares dos Reis450 m
Schools and nurseries700 m
El Corte Inglés800 m
Parque Municipal da Lavandeira1,5 km
GaiaShopping1,7 km
General Torres station1,7 km
WOW Porto1,9 km
Jardim do Morro2 km
Amenities
Shared spaces for a better everyday life.
Swimming pool
Outdoor swimming pool surrounded by gardens.
Gym
Private gym for residents.
Coworking room
Shared workspace within the condominium.
Gardens
Green spaces between the four buildings.
Parking
Underground parking.
Security
CCTV in communal areas.
Delivery box
Parcel deliveries and vending machines.
Rating A
Underfloor heating and pre-installation for air conditioning.
Gallery
Development images
Finishes
Natural materials and earthy tones.
Living room and kitchen
- FORBO Allura-type vinyl plank flooring, Light Honey Oak finish
- RAL 1013 paint
- Matt white-beige ceramic marble-effect worktop
- Bosch appliances included: hob, oven, microwave, fridge and extractor hood
Bathrooms
- Bottega White or Aleluia Alpe-type ceramic tiling
- Grohe mixer taps with chrome finish
- Wall-hung toilet and Sanindusa-type Round 45 washbasin
- Shower screens with stainless steel fittings
Bedrooms
- FORBO Allura-type vinyl plank flooring
- RAL 1013 paint
- RAL 7044 lacquered wardrobes
Comfort and energy
- Energy rating A
- Underfloor heating
- Pre-installation for air conditioning
- Ceramic-clad façade in earthy tones (RAL 8001 / 8024)
Payment plan
10% at the promissory contract, 25% during construction,
65% on completion of the deed.
The developer covers condominium costs in the first year. Pre-approved mortgage finance is available.
Contact
Request more information
A Chave Nova adviser will respond with floor plans, prices and availability.
- Av. Dr. Antunes Guimarães, 91, 4100-073 Porto
- 919 588 831
- joaquim.costa@chavenova.com
- Chave Nova · AMI licence 7142
Frequently asked questions
FAQ
Do I have to pay the whole investment at once?
No. 10% on signing the promissory purchase and sale agreement (CPCV). If signed before construction starts: 15% after work begins and 10% six months later. If signed after construction starts: 25% six months after the CPCV. The remaining 65% is paid at the deed.
What if I disagree with the CPCV terms?
Clauses relating to commercial conditions may be reviewed.
What happens if a payment is late?
Payments more than 30 days late are subject to interest at the six-month Euribor rate plus 2% until paid in full.
Who designed the development?
NN Arquitectura.
Who is the developer?
Grupo TEPPE, operating in investment, property development, engineering and construction, asset management and hospitality.
Who is the builder?
Teppe Engenharia, responsible for the entire construction process, with high standards of quality and adherence to deadlines.
Can I choose the finishes?
The finishes were selected by the team of architects and designers from a range of high-quality products.
Can I change the layout when buying off-plan?
The property is licensed, so structural changes are not possible.
When does construction start and how long does it take?
The existing documentation states a start in the second half of 2024 and an estimated duration of 30 months.
What warranties does the property have?
10 years for the structure, 5 years for construction and 3 years for equipment. After-sales assistance is the developer’s responsibility.
Who pays the initial condominium costs?
The developer covers condominium costs during the first calendar year and maintenance of communal equipment during the first year.
Is pre-approved mortgage finance available?
Yes, an agreement with a bank is in place.
What security and services does the condominium offer?
CCTV cameras in communal areas. Includes a gym, swimming pool, coworking space, vending machines and parcel delivery boxes.
What are the energy rating and climate-control provisions?
Rating A, with underfloor heating and pre-installation for air conditioning.
Can I visit the construction site?
Yes, by prior arrangement with the site team and with personal protective equipment. Teppe sends a quarterly newsletter on construction progress.
Is construction insured?
Yes, All Risk insurance is the developer’s responsibility.
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