Rural property with 6 bedroom villa spread over 3 floors with a total area of 778sqm set in land with 7300sqm, located in a quiet area in the municipality of Penafiel, 30 minutes from Porto

Galegos, Porto, Portugal

For Sale

€1,500,000

REF: 869035 €1,500,000


6

3

419 m2

7305 m2

Description

Rural property with 6 bedroom villa spread over 3 floors with a total area of 778sqm set in land with 7300sqm, located in a quiet area in the municipality of Penafiel, 30 minutes from Porto. The house is in excellent condition, ready to move in, originally the beginning of its construction dates from the 19th century, more precisely in 1814, and over the years expansions and rehabilitations were carried out in 3 distinct phases, the last one was carried out about 25 years ago but always maintaining an exemplary state of conservation to this day.

The house is spread over several different rooms where at a certain point they would serve a certain purpose, whether for meals, living, leisure, socialising and others, rustic kitchen with stove and wood oven, large terraces and balconies around the house, from the upper floor where the rooms are located they have panoramic and unobstructed views of the wonderful green landscapes, On the lower floor a great mill with support from other rooms, garages, storage rooms.

It is also characterised by its generous areas, impeccable structure, some unique particularities, such as the imposing stairs, solid wood, tiles, a fountain, an altar and the nobility of classic furniture, from furniture, tapestries, paintings, from the nineteenth and twentieth centuries in excellent condition, worthy of any antique dealer, which is included with the sale of the property as well as the riches of the extensive number of old books that the house has in almost every room.

The land has several fruit trees, from grapes, apples, pears, peaches, figs, oranges, tangerines and others, well, automatic irrigation in some parts, it also has annexes that were used for various purposes. The property includes 2 plots with the possibility of construction of 440sqm. Located in the countryside, in a very quiet location, 2 kms from what is considered the largest Roman Castro in the Iberian Peninsula, the Castro de Monte Mozinho, in addition to several renowned restaurants in the area, at a distance of 7 kms from the centre of Penafiel and the Magikland theme park, and about 35 minutes from Porto.

For over 25 years Castelhana has been a renowned name in the Portuguese real estate sector. As a company of Dils group, we specialize in advising businesses, organizations and (institutional) investors in buying, selling, renting, letting and development of residential properties. Founded in 1999, Castelhana has built one of the largest and most solid real estate portfolios in Portugal over the years, with over 600 renovation and new construction projects.

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 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!
Rural property with 6 bedroom villa spread over 3 floors with a total area of 778sqm set in land with 7300sqm, located in a quiet area in the municipality of Penafiel, 30 minutes from Porto. The house is in excellent condition, ready to move in, originally the beginning of its construction dates from the 19th century, more precisely in 1814, and over the years expansions and rehabilitations were carried out in 3 distinct phases, the last one was carried out about 25 years ago but always maintaining an exemplary state of conservation to this day.

The house is spread over several different rooms where at a certain point they would serve a certain purpose, whether for meals, living, leisure, socialising and others, rustic kitchen with stove and wood oven, large terraces and balconies around the house, from the upper floor where the rooms are located they have panoramic and unobstructed views of the wonderful green landscapes, On the lower floor a great mill with support from other rooms, garages, storage rooms.

It is also characterised by its generous areas, impeccable structure, some unique particularities, such as the imposing stairs, solid wood, tiles, a fountain, an altar and the nobility of classic furniture, from furniture, tapestries, paintings, from the nineteenth and twentieth centuries in excellent condition, worthy of any antique dealer, which is included with the sale of the property as well as the riches of the extensive number of old books that the house has in almost every room.

The land has several fruit trees, from grapes, apples, pears, peaches, figs, oranges, tangerines and others, well, automatic irrigation in some parts, it also has annexes that were used for various purposes. The property includes 2 plots with the possibility of construction of 440sqm. Located in the countryside, in a very quiet location, 2 kms from what is considered the largest Roman Castro in the Iberian Peninsula, the Castro de Monte Mozinho, in addition to several renowned restaurants in the area, at a distance of 7 kms from the centre of Penafiel and the Magikland theme park, and about 35 minutes from Porto.

For over 25 years Castelhana has been a renowned name in the Portuguese real estate sector. As a company of Dils group, we specialize in advising businesses, organizations and (institutional) investors in buying, selling, renting, letting and development of residential properties. Founded in 1999, Castelhana has built one of the largest and most solid real estate portfolios in Portugal over the years, with over 600 renovation and new construction projects.

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 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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Property on Map

#CT-27260

Currency Exchange

Galegos, Porto, 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 €1,500,000 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
€1,500,000 £1,242,465 £1,289,175 £46,710
Property Price € €1,500,000
Minimum cost in the last six months £1,242,465
Maximum cost in the last six months £1,289,175
Fluctuating exchange rates over the last six months could have increased the cost of this property by £46,710

Galegos, Porto, 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 €1,500,000 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
€1,500,000 £1,242,465 £1,289,175 £46,710
Property Price € €1,500,000
Minimum cost in the last six months £1,242,465
Maximum cost in the last six months £1,289,175
Fluctuating exchange rates over the last six months could have increased the cost of this property by £46,710

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 £46,710 more.

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