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Rare Opportunity | Historic Farmhouse with River Views in Passinhos, Penafiel – 9,400 m² of Pure Charm In the verdant heart of Passinhos (Boelhe), a unique opportunity arises: a century-old farmhouse with 9,400 m², two independent entrances, and breathtaking natural surroundings
Penafiel, Porto, Portugal
REF: 1001216
€170,000
Description
Rare Opportunity | Historic Farmhouse with River Views in Passinhos, Penafiel – 9,400 m² of Pure Charm In the verdant heart of Passinhos (Boelhe), a unique opportunity arises: a century-old farmhouse with 9,400 m², two independent entrances, and breathtaking natural surroundings. Here, history, tranquility, and potential come together in one place. A Property with Soul and History Once a convent and barracks for General Junot's troops during the Napoleonic Invasions, this farmhouse transports us back in time. Built with noble stone and classical features, the three stone buildings (ruins) preserve the charm of the period and offer a perfect setting for a charismatic renovation. Buildings and Potential: * Main House: An authentic stone jewel, with spacious rooms and an existing renovation project. It includes a common room, kitchen, balcony, wine cellar, and 5 suites – ideal for a guesthouse or prestigious private residence. * Rear Annex: Perfect for a studio or guest house. Two floors designed for comfort: open-plan living room and kitchen on the ground floor, and a suite on the upper floor. * Front Building: Expansion and renovation phase begun, but currently suspended, will give way to a modern garage with a green roof, connected to the main house by a concrete and glass walkway. Includes 3 bedrooms (1 suite), living room, open-plan kitchen, and library. Total built area over 700 m². Nature and Sustainability: * Several terraces with fruit trees * Own water supply * Privileged views of the river – the perfect setting for contemplation or investment in sustainable tourism Building Permit in Force: Permit valid for another 12 months, with the possibility of extension – ready to move forward with your project, without bureaucratic delays. Strategic Location: * 5 minutes from Boelhe river beach * 12 km from Penafiel and Paredes * Only 50 minutes from Porto * A rare location that combines rural serenity with urban proximity. Legal Note: Property excluded from the SCE under item g) of § 2 of art. 18 of Decree-Law No. 101-D/2020, of December 7. #ref: 146344
Rare Opportunity | Historic Farmhouse with River Views in Passinhos, Penafiel – 9,400 m² of Pure Charm In the verdant heart of Passinhos (Boelhe), a unique opportunity arises: a century-old farmhouse with 9,400 m², two independent entrances, and breathtaking natural surroundings. Here, history, tranquility, and potential come together in one place. A Property with Soul and History Once a convent and barracks for General Junot's troops during the Napoleonic Invasions, this farmhouse transports us back in time. Built with noble stone and classical features, the three stone buildings (ruins) preserve the charm of the period and offer a perfect setting for a charismatic renovation. Buildings and Potential: * Main House: An authentic stone jewel, with spacious rooms and an existing renovation project. It includes a common room, kitchen, balcony, wine cellar, and 5 suites – ideal for a guesthouse or prestigious private residence. * Rear Annex: Perfect for a studio or guest house. Two floors designed for comfort: open-plan living room and kitchen on the ground floor, and a suite on the upper floor. * Front Building: Expansion and renovation phase begun, but currently suspended, will give way to a modern garage with a green roof, connected to the main house by a concrete and glass walkway. Includes 3 bedrooms (1 suite), living room, open-plan kitchen, and library. Total built area over 700 m². Nature and Sustainability: * Several terraces with fruit trees * Own water supply * Privileged views of the river – the perfect setting for contemplation or investment in sustainable tourism Building Permit in Force: Permit valid for another 12 months, with the possibility of extension – ready to move forward with your project, without bureaucratic delays. Strategic Location: * 5 minutes from Boelhe river beach * 12 km from Penafiel and Paredes * Only 50 minutes from Porto * A rare location that combines rural serenity with urban proximity. Legal Note: Property excluded from the SCE under item g) of § 2 of art. 18 of Decree-Law No. 101-D/2020, of December 7. #ref: 146344
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Currency Exchange
Penafiel, 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 €170,000 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 |
|---|---|---|---|
| €170,000 | £140,327 | £148,804 | £8,478 |
| Property Price € | €170,000 |
| Minimum cost in the last six months | £140,327 |
| Maximum cost in the last six months | £148,804 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,478 |
Penafiel, 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 €170,000 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 |
|---|---|---|---|
| €170,000 | £140,327 | £148,804 | £8,478 |
| Property Price € | €170,000 |
| Minimum cost in the last six months | £140,327 |
| Maximum cost in the last six months | £148,804 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,478 |
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 £8,478 more.
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