Located Vila Real, in the heart of the Douro Wine Demarcated Region, this vineyard has the perfect setting and superb views over the valleys and hills covered with vineyards on both banks of the Douro River

Vila Real, Portugal

For Sale

€3,300,000

REF: 818086 €3,300,000


Description

Located Vila Real, in the heart of the Douro Wine Demarcated Region, this vineyard has the perfect setting and superb views over the valleys and hills covered with vineyards on both banks of the Douro River. It has an official Doc Douro vineyard of 30 hectares, planted with the region's best red grape varieties that produce grapes for DOC wines and high-quality Port wines.

The vineyard is entirely mechanised and organised, with designated plots for the precise distribution of grape varieties and internal highways facilitating access to every area of the property. The property is endowed with a plentiful water supply sourced from three natural mines and a watercourse that spans its entire western perimeter.

A PT electricity distribution system ensures the provision of electrical power. The primary farmstead, which spans approximately 700 square metres, was constructed at the close of the nineteenth century, and comprises antiquated cellars, stables, and additional outbuildings. Due to its advantageous location in the estate's centre and breathtaking views, it possesses tremendous potential for a new renovation and addition.

There are approximately six other ruins dispersed throughout the property, including old cellars and agricultural warehouses. All of these structures are situated in an ideal location, enabling the construction of new initiatives to support agriculture or promote rural tourism. An exceptional opportunity for a substantial tourism and wine development initiative in the Douro Valley.

The property is easily accessible via municipal and national highways. Porto is approximately 60 minutes away, while Vila Real and Peso da Régua are 20 minutes away. CHARACTERISTICS:Plot Area: 426 000 m2 | 4 585 426 sq ftEnergy efficiency: FreeFEATURES:Excluded from the SCE in accordance with Article 18(2)(g) of Decree-Law 101-D of 7 December 2020.

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
Located Vila Real, in the heart of the Douro Wine Demarcated Region, this vineyard has the perfect setting and superb views over the valleys and hills covered with vineyards on both banks of the Douro River. It has an official Doc Douro vineyard of 30 hectares, planted with the region's best red grape varieties that produce grapes for DOC wines and high-quality Port wines.

The vineyard is entirely mechanised and organised, with designated plots for the precise distribution of grape varieties and internal highways facilitating access to every area of the property. The property is endowed with a plentiful water supply sourced from three natural mines and a watercourse that spans its entire western perimeter.

A PT electricity distribution system ensures the provision of electrical power. The primary farmstead, which spans approximately 700 square metres, was constructed at the close of the nineteenth century, and comprises antiquated cellars, stables, and additional outbuildings. Due to its advantageous location in the estate's centre and breathtaking views, it possesses tremendous potential for a new renovation and addition.

There are approximately six other ruins dispersed throughout the property, including old cellars and agricultural warehouses. All of these structures are situated in an ideal location, enabling the construction of new initiatives to support agriculture or promote rural tourism. An exceptional opportunity for a substantial tourism and wine development initiative in the Douro Valley.

The property is easily accessible via municipal and national highways. Porto is approximately 60 minutes away, while Vila Real and Peso da Régua are 20 minutes away. CHARACTERISTICS:Plot Area: 426 000 m2 | 4 585 426 sq ftEnergy efficiency: FreeFEATURES:Excluded from the SCE in accordance with Article 18(2)(g) of Decree-Law 101-D of 7 December 2020.

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

Vila Real, 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 €3,300,000 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
€3,300,000 £2,744,610 £2,846,448 £101,838
Property Price € €3,300,000
Minimum cost in the last six months £2,744,610
Maximum cost in the last six months £2,846,448
Fluctuating exchange rates over the last six months could have increased the cost of this property by £101,838

Vila Real, 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 €3,300,000 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
€3,300,000 £2,744,610 £2,846,448 £101,838
Property Price € €3,300,000
Minimum cost in the last six months £2,744,610
Maximum cost in the last six months £2,846,448
Fluctuating exchange rates over the last six months could have increased the cost of this property by £101,838

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 £101,838 more.

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