A magnificent penthouse featuring four bedrooms and overlooking the city of Porto and the River Douro

Vila Nova de Gaia, Portugal

For Sale

€1,300,000

REF: 833247 €1,300,000


4

5

2020

Description

A magnificent penthouse featuring four bedrooms and overlooking the city of Porto and the River Douro. It is situated in the historic heart of Gaia, adjacent to the renowned Port Wine Cellars, the opulent wine hotel The Yetman, and WOW (World of Wine), in the city's most renowned cultural and gastronomic district, within a recently constructed luxury gated community.

Situated on a hill with awe-inspiring vistas of the Ribeira do Porto, Dom Luís I Bridge, Serra do Pilar, and even the west, which features a magnificent sunset location, this exquisite apartment enjoys a truly exceptional setting. It features a practical layout, including a private area with four en-suite bedrooms that lead to a magnificent balcony, as well as an outstanding social area, highlighted by an expansive living room with multiple zones and an open-concept kitchen.

Additionally, this region boasts an expansive and endearing terrace with a tranquil garden and spaces for savouring meals al fresco and spending time adulating in the picturesque vista beyond the Douro River. This apartment, which was constructed with premium materials and opulent finishes, features three parking spaces, a sizable storage room, and an array of exceptional amenities for its occupants to utilise.

The outstanding amenities of the condominium are accessible to residents; these include an indoor fitness centre and landscaped areas featuring a playground, paddle tennis court, and running track. It is conveniently situated near public transport, the metro station, and all the amenities required for everyday activities, providing for exceptional accessibility.

CHARACTERISTICS:Building Area: 287 m2 | 3 093 sq ftBedrooms: 4Bathrooms: 5Garage: 3Energy efficiency: A+FEATURES: Parking space for 3 cars; Storage room; Condominium facilities: gym, padel court, tracking track; 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
A magnificent penthouse featuring four bedrooms and overlooking the city of Porto and the River Douro. It is situated in the historic heart of Gaia, adjacent to the renowned Port Wine Cellars, the opulent wine hotel The Yetman, and WOW (World of Wine), in the city's most renowned cultural and gastronomic district, within a recently constructed luxury gated community.

Situated on a hill with awe-inspiring vistas of the Ribeira do Porto, Dom Luís I Bridge, Serra do Pilar, and even the west, which features a magnificent sunset location, this exquisite apartment enjoys a truly exceptional setting. It features a practical layout, including a private area with four en-suite bedrooms that lead to a magnificent balcony, as well as an outstanding social area, highlighted by an expansive living room with multiple zones and an open-concept kitchen.

Additionally, this region boasts an expansive and endearing terrace with a tranquil garden and spaces for savouring meals al fresco and spending time adulating in the picturesque vista beyond the Douro River. This apartment, which was constructed with premium materials and opulent finishes, features three parking spaces, a sizable storage room, and an array of exceptional amenities for its occupants to utilise.

The outstanding amenities of the condominium are accessible to residents; these include an indoor fitness centre and landscaped areas featuring a playground, paddle tennis court, and running track. It is conveniently situated near public transport, the metro station, and all the amenities required for everyday activities, providing for exceptional accessibility.

CHARACTERISTICS:Building Area: 287 m2 | 3 093 sq ftBedrooms: 4Bathrooms: 5Garage: 3Energy efficiency: A+FEATURES: Parking space for 3 cars; Storage room; Condominium facilities: gym, padel court, tracking track; 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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Property on Map

#LS05130

Currency Exchange

Vila Nova de Gaia, 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 €1,300,000 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
€1,300,000 £1,071,070 £1,117,285 £46,215
Property Price € €1,300,000
Minimum cost in the last six months £1,071,070
Maximum cost in the last six months £1,117,285
Fluctuating exchange rates over the last six months could have increased the cost of this property by £46,215

Vila Nova de Gaia, 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 €1,300,000 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
€1,300,000 £1,071,070 £1,117,285 £46,215
Property Price € €1,300,000
Minimum cost in the last six months £1,071,070
Maximum cost in the last six months £1,117,285
Fluctuating exchange rates over the last six months could have increased the cost of this property by £46,215

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 £46,215 more.

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