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Magnificent property next to the River Douro, in a unique location, in Paços de Gaiolo, near the Carrapatelo Dam, with stunning views over the River Douro and direct access to it
Marco de Canaveses, Portugal
REF: 711728
€1,150,000
Description
Magnificent property next to the River Douro, in a unique location, in Paços de Gaiolo, near the Carrapatelo Dam, with stunning views over the River Douro and direct access to it. With PIP approval for the construction of a rural hotel with 20 rooms, a rooftop restaurant, reception and bar; the project also includes an outdoor infinity pool with views over the river, gardens and a parking area. The farm has a recent vineyard with around 6000 m2 of planting and an orchard with various fruit trees. The framing of the integral plots also allows for the development of a leisure area project with pedestrian routes for practicing sports on the upper plot where there is beautiful woodland, whose direct access could also allow for a bungalow project. The lower plot offers a unique use due to its contact with the River Douro, the pleasure boat dock, the picnic area and the footpath linking to the Pala next to the Douro Suites Hotel. Also noteworthy is the Ribeira de Sampaio Ecological Leisure Park, which is located immediately on the other bank of the River Douro and can be accessed from the Carrapatelo dam by pleasure boat directly from the property. Great access, 15 minutes from the center of Marco de Canaveses, 5 minutes from Pala and Porto Antigo on the Douro and around 50 minutes from Porto. Excellent opportunity for a tourism project or as a private or leisure home. CHARACTERISTICS:Plot Area: 51 847 m2 | 558 079 sq ftDeployment Area: 275 m2 | 2 960 sq ftBuilding Area: 629 m2 | 6 775 sq ftBedrooms: 9Bathrooms: 10Energy efficiency: FFEATURES: Farm Vineyard Douro River Project Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal. Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
Magnificent property next to the River Douro, in a unique location, in Paços de Gaiolo, near the Carrapatelo Dam, with stunning views over the River Douro and direct access to it. With PIP approval for the construction of a rural hotel with 20 rooms, a rooftop restaurant, reception and bar; the project also includes an outdoor infinity pool with views over the river, gardens and a parking area. The farm has a recent vineyard with around 6000 m2 of planting and an orchard with various fruit trees. The framing of the integral plots also allows for the development of a leisure area project with pedestrian routes for practicing sports on the upper plot where there is beautiful woodland, whose direct access could also allow for a bungalow project. The lower plot offers a unique use due to its contact with the River Douro, the pleasure boat dock, the picnic area and the footpath linking to the Pala next to the Douro Suites Hotel. Also noteworthy is the Ribeira de Sampaio Ecological Leisure Park, which is located immediately on the other bank of the River Douro and can be accessed from the Carrapatelo dam by pleasure boat directly from the property. Great access, 15 minutes from the center of Marco de Canaveses, 5 minutes from Pala and Porto Antigo on the Douro and around 50 minutes from Porto. Excellent opportunity for a tourism project or as a private or leisure home. CHARACTERISTICS:Plot Area: 51 847 m2 | 558 079 sq ftDeployment Area: 275 m2 | 2 960 sq ftBuilding Area: 629 m2 | 6 775 sq ftBedrooms: 9Bathrooms: 10Energy efficiency: FFEATURES: Farm Vineyard Douro River Project Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal. Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
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Currency Exchange
Marco de Canaveses, Portugal
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €1,150,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €1,150,000 | £952,557 | £988,368 | £35,811 |
| Property Price € | €1,150,000 |
| Minimum cost in the last six months | £952,557 |
| Maximum cost in the last six months | £988,368 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £35,811 |
Marco de Canaveses, Portugal
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €1,150,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €1,150,000 | £952,557 | £988,368 | £35,811 |
| Property Price € | €1,150,000 |
| Minimum cost in the last six months | £952,557 |
| Maximum cost in the last six months | £988,368 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £35,811 |
The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £35,811 more.
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