Fervença Palace
Vila Nova de Gaia, Porto 4430-999
Portugal

CO-EXCLUSIVE

Property

Ownership: For Sale
Type: Apartment
Pets: Pets Unknown
Price Qualifier: Default
Council Tax Band: TBC

Financials

Price: €505,080 - €567,800

Description

This project under construction is located in Vila Nova de Gaia and enjoys amazing views of the Douro River and the historical district. The unique location is right next to the famous Porto Wine cellars which are considered an Unesco World Heritage site.

The building is an 18th century palace that is undergoing a full rehabilitation, while many of its unique architectural features will be preserved. The project is comprised of 2 autonomous buildings, the palace and a new building, both separated by an internal magnificent private garden.

The development consists of 17 exclusive apartments, with amazing river - and city - views and excellent sun-exposure. Within the renovated Palace, most units include mezzanines enhancing the original double height ceilings. The apartments vary between 41 sqm and 148 sqm, with studios, 1-bedroom and 2-bedroom units.

Availability:

Unit F - Private Area: 54,02 m2 - Balconies and Terraces: 48,53 m2 - Price: 505.080 euros

Unit G - Private Area: 59,84 m2 - Balconies and Terraces: 1,62 m2 - Price: 519.800 euros

Unit I - Private Area: 67,66 m2 - Balconies and Terraces: 1,62 m2 - Price: 567.800 euros

Unit J - Private Area: 65,85 m2 - Balconies and Terraces: 43,88 m2 - Price: 508.800 euros

Unit O - Private Area: 50,69 m2 - Adicional Mezanine: 10,22 m2 - Balconies and Terraces: 6,31 m2 - Price: 508.250 euros

The project has started its construction and is expected to be completed by Q1 2023.

Golden Visa

The international investment fund and developer, will provide the option of management services. This management comes with the possibility of a fixed return and the management company may be responsible for all the expenses, including maintenance, condominium, internet, water, electricity and insurance, among others.All residential units can be sold completely decorated and furnished and include air-conditioning, double glass windows, fully equipped kitchens. Eligible for Golden Visa

About Vila Nova de Gaia:

Standing on the left bank of the River Douro, this city had been inhabited since very remote times, although it was not until the eighteenth century that Gaia was to gain its present-day prosperity with the building of the Port Wine Lodges.

It was here that the wine was brought by the Rabelos Boats and left to age in the cellars until it had acquired the particular qualities that have since made it famous worldwide. It is impossible to come to the city without taking the time to pay a visit to one of the many wine lodges along the banks of the river in order to discover more about this truly unique wine and enjoy the opportunity to appreciate its different varieties.

Amongst the architectural heritage of Gaia one may highlight the monastery of Serra do Pilar, whose privileged setting has resulted in its being used as a fortress, and from where visitors can enjoy one of the most spectacular views of the city of Porto.

About Porto:

Capital and gateway to the north of Portugal, Porto is both the city that provided a nation with a name and a fortified wine known world-wide: port.

Northern Portugal, widely regarded as the driver of the Portuguese economy. Entrepreneurship and technology allow Porto to be considered as one of Europe’s main start-up hubs, with a growing number of techno- logical companies choosing Porto for their headquar- ters, not only because of easy access to skilled labour, but also for the city’s good access routes and available facilities.

With its splendid geographical location on the mouth of the river Douro and an architectural heritage of exceptional quality, the historic centre of Porto was declared UNESCO World Heritage in 1996. Porto is the capital of the North and the second largest city in the country; its hard-working inhabitants are noted for their commercial enterprise, always standing firm against outside impositions and foreign invaders, which explains why Porto has become known as the «unvanquished» city.

In addition to its history, any visitor to Porto will be quickly impressed by the forceful character both of the city and its inhabitants.

If you want to get to know the city better, we recommend a gentle stroll through its streets, taking time to admire the typical granite houses and monuments, enjoying a tram ride along the banks of the river, or even going for a boat ride under the city ́s six bridges, from where you can enjoy an entirely different view of the city. These itineraries seek to demonstrate the impressive contrasts this city has to offer. The "Baixa (Downtown)" of Porto, with all the rhythms of city life, its movement, and intense retailing. There is a very peculiar expression that bestows a Nordic, mercantile tone onto a city that is both spiritually and intensely baroque. In sharp contrast, in the Serralves Park, there is the sheer modernity of the building housing the Museum of Contemporary Art, and the romantic, soothing surroundings of the surrounding leafy park.

Neighborhood

More listings:

Loft Porto Luxury Apartments | Next To Douro River | Historic Building | Golden Visa Investment


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.