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Villa with 150sqm with a terrace of 47sqm inserted in a new Resort located in the heart of the Douro, UNESCO World Heritage Site
União das Freguesias de Provesende, Gouvães do Douro e São Cristóvão do Douro, Vila Real, Portugal
REF: 838906
€1,100,000
Description
Villa with 150sqm with a terrace of 47sqm inserted in a new Resort located in the heart of the Douro, UNESCO World Heritage Site. Douro Villas is a Boutique Countryside Resort located in the heart of the Douro Valley - UNESCO world heritage site. The property is located in Provesende, a thousand-year-old village and one of the oldest in Portugal. The village is situated on a high plateau with excellent views, on the north bank of the Douro River. Provesende is one of the six acclaimed 'wine villages' in the Douro wine region. The villas are sold fully furnished to ensure consistency and harmony from design to natural environment. The ancient art of Feng Shui or geomancy was applied in the placement of each villa. Interior design also impacts mood and mind, so we are mindful of creating an ambient design aesthetic that allows the mind to be at peace and relaxed. The resort will open in July 2025. Housing owners can enjoy seasonal local products including olive oil, seasonal fruits, aromatic herbs and tea herbs harvested from the property. The exquisite location in a UNESCO World Heritage Site gives each owner the ability to proudly participate in the rich local heritage. The resort is just a 1-hour drive from Porto, where at its international airport you can find flights to 80 different international destinations in Europe, Africa and America. Resort services: reception; 24-hour butler service; private guest catering Chefs & in-home; advanced menu planning for special meals; laundry and pressing; organic garden; swimming pool; private drivers; E- bicycles; safety. With warranty return: - Annual yield = 6% (for 20 years) - Benefit from 2 to 3 months of stay per year depending on the fraction chosen Castelhana is a Portuguese real estate agency present in the national market for more than 20 years, specialized in the prime residential market and recognized for the launch of some of the most well-known developments in the national real estate panorama. Founded in 1999, Castelhana provides a comprehensive service in business mediation. We are specialists in investment and in the commercialization of real estate. In Porto, we are based in Foz Do Douro, one of the noblest places in the city. In Lisbon, in Chiado, one of the most emblematic and traditional areas of the capital and in the Algarve region next to the renowned Vilamoura Marina. We are waiting for you. We have a team available to give you the best support in your next real estate investment. Contact us!
Villa with 150sqm with a terrace of 47sqm inserted in a new Resort located in the heart of the Douro, UNESCO World Heritage Site. Douro Villas is a Boutique Countryside Resort located in the heart of the Douro Valley - UNESCO world heritage site. The property is located in Provesende, a thousand-year-old village and one of the oldest in Portugal. The village is situated on a high plateau with excellent views, on the north bank of the Douro River. Provesende is one of the six acclaimed 'wine villages' in the Douro wine region. The villas are sold fully furnished to ensure consistency and harmony from design to natural environment. The ancient art of Feng Shui or geomancy was applied in the placement of each villa. Interior design also impacts mood and mind, so we are mindful of creating an ambient design aesthetic that allows the mind to be at peace and relaxed. The resort will open in July 2025. Housing owners can enjoy seasonal local products including olive oil, seasonal fruits, aromatic herbs and tea herbs harvested from the property. The exquisite location in a UNESCO World Heritage Site gives each owner the ability to proudly participate in the rich local heritage. The resort is just a 1-hour drive from Porto, where at its international airport you can find flights to 80 different international destinations in Europe, Africa and America. Resort services: reception; 24-hour butler service; private guest catering Chefs & in-home; advanced menu planning for special meals; laundry and pressing; organic garden; swimming pool; private drivers; E- bicycles; safety. With warranty return: - Annual yield = 6% (for 20 years) - Benefit from 2 to 3 months of stay per year depending on the fraction chosen Castelhana is a Portuguese real estate agency present in the national market for more than 20 years, specialized in the prime residential market and recognized for the launch of some of the most well-known developments in the national real estate panorama. Founded in 1999, Castelhana provides a comprehensive service in business mediation. We are specialists in investment and in the commercialization of real estate. In Porto, we are based in Foz Do Douro, one of the noblest places in the city. In Lisbon, in Chiado, one of the most emblematic and traditional areas of the capital and in the Algarve region next to the renowned Vilamoura Marina. We are waiting for you. We have a team available to give you the best support in your next real estate investment. Contact us!
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Currency Exchange
União das Freguesias de Provesende, Gouvães do Douro e São Cristóvão do Douro, 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 €1,100,000 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 |
|---|---|---|---|
| €1,100,000 | £911,141 | £945,395 | £34,254 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £911,141 |
| Maximum cost in the last six months | £945,395 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,254 |
União das Freguesias de Provesende, Gouvães do Douro e São Cristóvão do Douro, 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 €1,100,000 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 |
|---|---|---|---|
| €1,100,000 | £911,141 | £945,395 | £34,254 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £911,141 |
| Maximum cost in the last six months | £945,395 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,254 |
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 £34,254 more.
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