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Excellent wine estate in the Alto Douro Wine Region, Douro Valley
Lamego, Portugal
REF: 745717
€800,000
Description
Excellent wine estate in the Alto Douro Wine Region, Douro Valley. Located 5 minutes from the center of Lamego, in Alvelos, with views of the valley and the city, as well as the Varosa river valley. It has an official DOC Douro mechanized vineyard with a plateau structure of around 15 hectares, producing high quality grapes for the production of good DOC Douro wines, great for sparkling wines. It has an abundance of water , supplied by its own mine and well, and is connected to the public electricity grid. The Quinta, located in the historic region of the Varosa Valley and the Douro Wine Region, has an urban area where the original house and old cellars, measuring 630 m2, can be rehabilitated and extended.there is also the possibility of a second dwelling on the rustic plot. In addition to the vineyards, the region is very rich in fruit production, and there are various trees such as chestnut, cherry, orange, lemon and apple, among others. An excellent opportunity for a winery project and for developing rural tourism. Location with good access via paved municipal roads to the entrance of the Quinta, with easy connections to the city center and also to Peso da Régua and the Douro River, about 70 minutes from Porto. Provisional declaration of the urban article as a building in ruins, excluding it from the Energy Certification System, under Article 18(2)(g) of Decree-Law 101-D/2020 of December 7. CHARACTERISTICS:Plot Area: 152 331 m2 | 1 639 678 sq ftDeployment Area: 295 m2 | 3 176 sq ftBuilding Area: 626 m2 | 6 740 sq ftEnergy efficiency: FreeInternationally 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
Excellent wine estate in the Alto Douro Wine Region, Douro Valley. Located 5 minutes from the center of Lamego, in Alvelos, with views of the valley and the city, as well as the Varosa river valley. It has an official DOC Douro mechanized vineyard with a plateau structure of around 15 hectares, producing high quality grapes for the production of good DOC Douro wines, great for sparkling wines. It has an abundance of water , supplied by its own mine and well, and is connected to the public electricity grid. The Quinta, located in the historic region of the Varosa Valley and the Douro Wine Region, has an urban area where the original house and old cellars, measuring 630 m2, can be rehabilitated and extended.there is also the possibility of a second dwelling on the rustic plot. In addition to the vineyards, the region is very rich in fruit production, and there are various trees such as chestnut, cherry, orange, lemon and apple, among others. An excellent opportunity for a winery project and for developing rural tourism. Location with good access via paved municipal roads to the entrance of the Quinta, with easy connections to the city center and also to Peso da Régua and the Douro River, about 70 minutes from Porto. Provisional declaration of the urban article as a building in ruins, excluding it from the Energy Certification System, under Article 18(2)(g) of Decree-Law 101-D/2020 of December 7. CHARACTERISTICS:Plot Area: 152 331 m2 | 1 639 678 sq ftDeployment Area: 295 m2 | 3 176 sq ftBuilding Area: 626 m2 | 6 740 sq ftEnergy efficiency: FreeInternationally 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
Lamego, 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 €800,000 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 |
|---|---|---|---|
| €800,000 | £680,552 | £701,232 | £20,680 |
| Property Price € | €800,000 |
| Minimum cost in the last six months | £680,552 |
| Maximum cost in the last six months | £701,232 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,680 |
Lamego, 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 €800,000 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 |
|---|---|---|---|
| €800,000 | £680,552 | £701,232 | £20,680 |
| Property Price € | €800,000 |
| Minimum cost in the last six months | £680,552 |
| Maximum cost in the last six months | £701,232 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,680 |
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 £20,680 more.
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