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A rural hotel located in Folgosa da Maia, rehabilitated for tourist purposes while maintaining the original design of an old farmhouse dating back to 1719
Maia, Portugal
REF: 948774
€6,000,000
Description
A rural hotel located in Folgosa da Maia, rehabilitated for tourist purposes while maintaining the original design of an old farmhouse dating back to 1719. The development was created as a tribute to Rosa Maia dos Reis, the founder's grandmother, and to the family legacy. The entire complex is built around the quinteiro, a horseshoe-shaped space that was once the epicenter of rural activities, and consists of 10 suites with antechambers that can be used for leisure or work, all with wooden ceilings and air conditioning. The fusion between the past and the present is evident in the atmosphere created in each of the rooms - marked by their exclusive design - as elements from the past have been included, such as the furniture.elements from the past have been included, such as period furniture in pau santo, vinhático and pau rosa, as well as others that provide the comfort required today. This hotel also includes the old and cozy Cozinha Velha, the Sala da Eira for meetings and events and the Sala do Lagar, an old wine cellar that can be used as a bar and games room. Located in Folgosa da Maia, in a quiet, rural location that invites you to relax, it is about 10 km from the historic center of Porto and the Francisco Sá Carneiro international airport. CHARACTERISTICS:Plot Area: 1 622 m2 | 17 459 sq ftDeployment Area: 611 m2 | 6 577 sq ftBuilding Area: 952 m2 | 10 247 sq ftBedrooms: 10Bathrooms: 12Garage: 7Energy efficiency: AInternationally 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 rural hotel located in Folgosa da Maia, rehabilitated for tourist purposes while maintaining the original design of an old farmhouse dating back to 1719. The development was created as a tribute to Rosa Maia dos Reis, the founder's grandmother, and to the family legacy. The entire complex is built around the quinteiro, a horseshoe-shaped space that was once the epicenter of rural activities, and consists of 10 suites with antechambers that can be used for leisure or work, all with wooden ceilings and air conditioning. The fusion between the past and the present is evident in the atmosphere created in each of the rooms - marked by their exclusive design - as elements from the past have been included, such as the furniture.elements from the past have been included, such as period furniture in pau santo, vinhático and pau rosa, as well as others that provide the comfort required today. This hotel also includes the old and cozy Cozinha Velha, the Sala da Eira for meetings and events and the Sala do Lagar, an old wine cellar that can be used as a bar and games room. Located in Folgosa da Maia, in a quiet, rural location that invites you to relax, it is about 10 km from the historic center of Porto and the Francisco Sá Carneiro international airport. CHARACTERISTICS:Plot Area: 1 622 m2 | 17 459 sq ftDeployment Area: 611 m2 | 6 577 sq ftBuilding Area: 952 m2 | 10 247 sq ftBedrooms: 10Bathrooms: 12Garage: 7Energy efficiency: AInternationally 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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Currency Exchange
Maia, 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 €6,000,000 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 |
|---|---|---|---|
| €6,000,000 | £4,943,400 | £5,076,540 | £133,140 |
| Property Price € | €6,000,000 |
| Minimum cost in the last six months | £4,943,400 |
| Maximum cost in the last six months | £5,076,540 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £133,140 |
Maia, 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 €6,000,000 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 |
|---|---|---|---|
| €6,000,000 | £4,943,400 | £5,076,540 | £133,140 |
| Property Price € | €6,000,000 |
| Minimum cost in the last six months | £4,943,400 |
| Maximum cost in the last six months | £5,076,540 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £133,140 |
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 £133,140 more.
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