The Nova Seara Palace is a historic building from the 19th century, located in the center of the village of Armamar, in the Douro demarcated region, a World Heritage Site

Armamar, Viseu, Portugal

For Sale

€850,000

REF: 818778 €850,000


13

13

1093 m2

804 m2

Description

The Nova Seara Palace is a historic building from the 19th century, located in the center of the village of Armamar, in the Douro demarcated region, a World Heritage Site. This elegant building, adorned with colorful tiles, was restored in 2009 and currently operates as a tourist accommodation. Potential and Future Uses - In addition to its current use, as a local accommodation, with nine rooms, Palácio Nova Seara, has excellent conditions to be transformed into a charming hotel with a panoramic pool and restaurant.

- The building also has the potential to serve as a senior residence, thanks to elevator access to the floors, providing comfort and adequate care for the elderly. Structure and Divisions - Divisions: 13 - Rooms: 10 - Modern Auditorium: 302 m², equipped with 115 seats. - Service Store: 80 m² - Store for Restaurant: 187 m² - Panoramic Terrace: measuring almost 50 m², ideal for building a panoramic pool.

Building Features - Gross Private Area: 1093 m² - Land area: 804 m² - Covered Area: 322 m² - Structure: Ground floor and three more floors. - External Area: 482 m² - Two large terraces intended for common use on the 1st and 2nd floor. Accessibility - Access via fixed stairs to all floors. - Elevator to the 2nd and 3rd floor, for greater guest comfort and safety.

Total Rooms - Rooms: Nine independent and spacious double rooms, with private bathroom and private access to the building's common areas Amenities - Auditorium: A modern auditorium with 115 seats, fully equipped to hold a variety of events. Location and Access - Located in the traditional urban area of ​​Armamar, known as the Land of Emotions and capital of Maçã de Montanha.

- Close to various amenities and points of interest, such as restaurants, traditional Douro wineries and the Douro riverside area. - Easy access to nearby cities, such as Peso da Régua, Vila Real and Lamego, as well as the A24 motorway and Porto International Airport. Attractions of the Region Palácio Nova Seara's proximity to numerous amenities and points of interest makes it a convenient choice for travelers wishing to explore the region's rich cuisine, wines and cultural heritage.

Conclusion Palácio Nova Seara offers an ideal base for exploring the Douro and its surroundings, providing a comfortable and peaceful stay in a historic and well-located environment. It has excellent potential to be transformed into a charming hotel or a senior residence, Palácio Nova Seara is a versatile and valuable property! #ref: 117562
The Nova Seara Palace is a historic building from the 19th century, located in the center of the village of Armamar, in the Douro demarcated region, a World Heritage Site. This elegant building, adorned with colorful tiles, was restored in 2009 and currently operates as a tourist accommodation. Potential and Future Uses - In addition to its current use, as a local accommodation, with nine rooms, Palácio Nova Seara, has excellent conditions to be transformed into a charming hotel with a panoramic pool and restaurant.

- The building also has the potential to serve as a senior residence, thanks to elevator access to the floors, providing comfort and adequate care for the elderly. Structure and Divisions - Divisions: 13 - Rooms: 10 - Modern Auditorium: 302 m², equipped with 115 seats. - Service Store: 80 m² - Store for Restaurant: 187 m² - Panoramic Terrace: measuring almost 50 m², ideal for building a panoramic pool.

Building Features - Gross Private Area: 1093 m² - Land area: 804 m² - Covered Area: 322 m² - Structure: Ground floor and three more floors. - External Area: 482 m² - Two large terraces intended for common use on the 1st and 2nd floor. Accessibility - Access via fixed stairs to all floors. - Elevator to the 2nd and 3rd floor, for greater guest comfort and safety.

Total Rooms - Rooms: Nine independent and spacious double rooms, with private bathroom and private access to the building's common areas Amenities - Auditorium: A modern auditorium with 115 seats, fully equipped to hold a variety of events. Location and Access - Located in the traditional urban area of ​​Armamar, known as the Land of Emotions and capital of Maçã de Montanha.

- Close to various amenities and points of interest, such as restaurants, traditional Douro wineries and the Douro riverside area. - Easy access to nearby cities, such as Peso da Régua, Vila Real and Lamego, as well as the A24 motorway and Porto International Airport. Attractions of the Region Palácio Nova Seara's proximity to numerous amenities and points of interest makes it a convenient choice for travelers wishing to explore the region's rich cuisine, wines and cultural heritage.

Conclusion Palácio Nova Seara offers an ideal base for exploring the Douro and its surroundings, providing a comfortable and peaceful stay in a historic and well-located environment. It has excellent potential to be transformed into a charming hotel or a senior residence, Palácio Nova Seara is a versatile and valuable property! #ref: 117562
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Property on Map

#117562

Currency Exchange

Armamar, Viseu, 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 €850,000 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
€850,000 £704,064 £730,533 £26,469
Property Price € €850,000
Minimum cost in the last six months £704,064
Maximum cost in the last six months £730,533
Fluctuating exchange rates over the last six months could have increased the cost of this property by £26,469

Armamar, Viseu, 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 €850,000 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
€850,000 £704,064 £730,533 £26,469
Property Price € €850,000
Minimum cost in the last six months £704,064
Maximum cost in the last six months £730,533
Fluctuating exchange rates over the last six months could have increased the cost of this property by £26,469

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 £26,469 more.

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