Since the Brexit transition period ended just over a month ago, and the UK ceased to be a part of the EU, there has been all manner of confusion, question marks, concerns and queries about investment and travel between the EU27 and Britain.
This week's property inspiration for aspiring wine producers draws on vineyard estates listed for sale in, or close to, UNESCO-listed wine areas.
Wine has been made in the wider Alto Douro region for 2,000 years, according to UNESCO, which granted this picturesque vineyard region of Portugal a world heritage listing back in 2001.
One of these wine estate, in the Douro area, is listed by LUXIMOS Christie´s for €3.3m (£3m).
Quinta Villa Beatriz, a jewel-like blue palace on the banks of the River Ave, is an 18th-century neo-Gothic masterpiece surrounded by 173 acres of landscaped gardens, ancient woodland, farmland, and vineyards (...) The silver screen finally captured Quinta Villa Beatriz itself in the 2005 film Espelho Mágico (Magic Mirror), a surrealist satire about religion and the class system, shot on location at the estate. The film was directed by Manoel de Oliveira, Portugal’s greatest filmmaker.
Portimão’s iconic São Francisco convent, which has been abandoned for years and even served as refuge for homeless people before it was boarded up by its owners, is up for sale for €8 million. An advert announcing the arrival of the historic building to the property market has been posted on the Idealista property website by Luximos Christie’s. It is described as a “property with potential for tourism or housing which can be renovated and whose construction area can be increased”.
The architect Souto de Moura has designed one of the most luxurious residential complexes that is being built in the city of Porto. Quinta da Casa Amarela is a park that combines apartments and villas, in the immediate vicinity of Velásquez Square, in Antas. This stunning development is to be completed in the second half of 2020. (...) Quinta da Casa Amarela is for sale in the national and international market through LUXIMOS Christie's International Real Estate.
The location is one of the strong points of LUXIMOS Christie's new Private Condominium V Porto. It offers unique views over the Douro river and the gardens of the Palácio de Cristal. V Porto is an unparalleled development of villas and apartments and presents itself as a new way of living in Oporto.(...) The opportunity begins now. LUXIMOS Christie's has started the promotion of these apartments and villas in the national and international market.
Before buying a property in a different country, it’s always a hard task to get an overview of the real estate market and understand if there is a high risk and what are the trends. (...) The real estate market in Portugal has been growing the last few years, though 2019 turned to be a slower year for this sector. (...) Ricardo Costa, LUXIMOS Christie´s SEO confirms:"The investment volume will remain high in 2020. Residential demand is expected to maintain the growing trend throughout 2020."
One has 11 houses under restoration and is advertised for 900,000 euros, while the other takes up 10 hectares and is on the market for 1.8 million euros. (...) "These villages have attracted the interest of foreign investors seeking to develop projects in the field of ecotourism, focusing on nature conservation, restoration of biodiversity and preservation of natural heritage," says Ricardo Costa, CEO of LUXIMO'S Christie's International Real Estate, which markets the assets in question.
The Luxury Property Show, happening in Olympia London through 31 October to 1 November, is showcasing the fanciest properties in the world. The show (...) has released images of twelve of the best from the UK, Spain, France, Portugal, United States and more. (...) this single-story villa combines contemporary architecture with an ultra-luxurious furnished interior. The property also features a pool, covered patio and private gardens. For sale with LUXIMOS Christies.
