Spectacular wine production farm in the prime Port wine production area, in Sever, municipality of Santa Marta de Penaguião

Santa Marta de Penaguião, Vila Real, Portugal

For Sale

€365,000

REF: 854490 €365,000


3

1

251 m2

70000 m2

Description

Spectacular wine production farm in the prime Port wine production area, in Sever, municipality of Santa Marta de Penaguião. A few km from the Douro River and the city of Régua with views of the bridge in the city of Vila Real, due to its high geographical location. Its geolocation predominates over the entire valley with views of rare beauty, as is the hallmark of this part of the demarcated Douro Region, a World Heritage Site.

This property, with new vineyards already planted, can reach 55 barrels of production, with varieties such as Viosinho, Gouveio, and Syria, all producing white grapes and Touriga Franca (red). This impeccably maintained property has a house to rebuild where you can have a house and a cellar with a warehouse together, as it has a construction area of ​​around 1000 m2 located exactly in the middle of the property, it also has a wooded area. This property is worth seeing #ref: 122738
Spectacular wine production farm in the prime Port wine production area, in Sever, municipality of Santa Marta de Penaguião. A few km from the Douro River and the city of Régua with views of the bridge in the city of Vila Real, due to its high geographical location. Its geolocation predominates over the entire valley with views of rare beauty, as is the hallmark of this part of the demarcated Douro Region, a World Heritage Site.

This property, with new vineyards already planted, can reach 55 barrels of production, with varieties such as Viosinho, Gouveio, and Syria, all producing white grapes and Touriga Franca (red). This impeccably maintained property has a house to rebuild where you can have a house and a cellar with a warehouse together, as it has a construction area of ​​around 1000 m2 located exactly in the middle of the property, it also has a wooded area. This property is worth seeing #ref: 122738
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Property on Map

#122738

Currency Exchange

Santa Marta de Penaguião, 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 €365,000 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
€365,000 £306,352 £314,834 £8,483
Property Price € €365,000
Minimum cost in the last six months £306,352
Maximum cost in the last six months £314,834
Fluctuating exchange rates over the last six months could have increased the cost of this property by £8,483

Santa Marta de Penaguião, 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 €365,000 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
€365,000 £306,352 £314,834 £8,483
Property Price € €365,000
Minimum cost in the last six months £306,352
Maximum cost in the last six months £314,834
Fluctuating exchange rates over the last six months could have increased the cost of this property by £8,483

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 £8,483 more.

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