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This incredible Quinta in Lamego, Penajóia, in the heart of the Alto Douro Wine Region, offers a unique opportunity to own a property with around 7 hectares of lush land, full of cherry trees, olive trees and vineyards, among other fruit trees scattered around the immense property
Lamego, Viseu, Portugal
REF: 819615
€2,500,000
Description
This incredible Quinta in Lamego, Penajóia, in the heart of the Alto Douro Wine Region, offers a unique opportunity to own a property with around 7 hectares of lush land, full of cherry trees, olive trees and vineyards, among other fruit trees scattered around the immense property. You'll find a spacious 306m2 house, comprising a basement (2 bedrooms, 1 full bathroom and a dining and leisure area with a wood burning stove, wine cellar, storage and garage with automatic gate) and ground floor (entrance hall, 5 suites with built-in wardrobes, central heating and air conditioning, a guest wc, a kitchen, open-plan living and dining room with fireplace and air conditioning, laundry room, utility room and a glazed barbecue with dining area and wood-burning oven) and a huge balcony with breathtaking views of the hills and the River Douro! The house has a wood burning stove, air conditioning and central heating. All the windows are double glazed and there are electric shutters. There is spring water and two boreholes on the property, an irrigation system, water storage equipment and a warehouse to store all the equipment and machinery that supports cultivation on the farm. This property is ideal both for those looking for a quiet home in the countryside and for investors interested in developing a rural tourism business. With huge potential to grow and prosper, this property is a real gem waiting to be discovered! The city of Lamego, just 15 minutes from this property, is known for its gastronomy, heritage, Port Wine Route, wine tourism, Caminhos de Santiago Route, urban pedestrian circuits, pilgrimages (Nossa Senhora dos Remédios) and is crossed by the famous National Road 2 that links Chaves to Faro. This region, famous for the beautiful landscapes of the Alto Douro Wine Region, has been a UNESCO World Heritage Site since 2001. Porto Airport - 1h20 Lamego (city centre) - 15m Peso da Régua - 10m Train station - 10m Lamego Cathedral - 18m Six Senses Douro Valley Hotel - 10m Viseu - 50m https://unescoportugal.mne.gov.pt/pt/temas/proteger-o-nosso-patrimonio-e-promover-a-criatividade/patrimonio-mundial-em-portugal/alto-douro-vinhateiro https://www.cm-lamego.pt/visitar-lamego Book your visit with me now! #ref: 117747
This incredible Quinta in Lamego, Penajóia, in the heart of the Alto Douro Wine Region, offers a unique opportunity to own a property with around 7 hectares of lush land, full of cherry trees, olive trees and vineyards, among other fruit trees scattered around the immense property. You'll find a spacious 306m2 house, comprising a basement (2 bedrooms, 1 full bathroom and a dining and leisure area with a wood burning stove, wine cellar, storage and garage with automatic gate) and ground floor (entrance hall, 5 suites with built-in wardrobes, central heating and air conditioning, a guest wc, a kitchen, open-plan living and dining room with fireplace and air conditioning, laundry room, utility room and a glazed barbecue with dining area and wood-burning oven) and a huge balcony with breathtaking views of the hills and the River Douro! The house has a wood burning stove, air conditioning and central heating. All the windows are double glazed and there are electric shutters. There is spring water and two boreholes on the property, an irrigation system, water storage equipment and a warehouse to store all the equipment and machinery that supports cultivation on the farm. This property is ideal both for those looking for a quiet home in the countryside and for investors interested in developing a rural tourism business. With huge potential to grow and prosper, this property is a real gem waiting to be discovered! The city of Lamego, just 15 minutes from this property, is known for its gastronomy, heritage, Port Wine Route, wine tourism, Caminhos de Santiago Route, urban pedestrian circuits, pilgrimages (Nossa Senhora dos Remédios) and is crossed by the famous National Road 2 that links Chaves to Faro. This region, famous for the beautiful landscapes of the Alto Douro Wine Region, has been a UNESCO World Heritage Site since 2001. Porto Airport - 1h20 Lamego (city centre) - 15m Peso da Régua - 10m Train station - 10m Lamego Cathedral - 18m Six Senses Douro Valley Hotel - 10m Viseu - 50m https://unescoportugal.mne.gov.pt/pt/temas/proteger-o-nosso-patrimonio-e-promover-a-criatividade/patrimonio-mundial-em-portugal/alto-douro-vinhateiro https://www.cm-lamego.pt/visitar-lamego Book your visit with me now! #ref: 117747
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Currency Exchange
Lamego, Viseu, 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 €2,500,000 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 |
|---|---|---|---|
| €2,500,000 | £2,126,725 | £2,188,575 | £61,850 |
| Property Price € | €2,500,000 |
| Minimum cost in the last six months | £2,126,725 |
| Maximum cost in the last six months | £2,188,575 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £61,850 |
Lamego, Viseu, 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 €2,500,000 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 |
|---|---|---|---|
| €2,500,000 | £2,126,725 | £2,188,575 | £61,850 |
| Property Price € | €2,500,000 |
| Minimum cost in the last six months | £2,126,725 |
| Maximum cost in the last six months | £2,188,575 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £61,850 |
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 £61,850 more.
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