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other in Penajoia, Portugal

134 000€

Penajóia

Features

  • Exclusive mandate
  • full restoration of the structure/outside needed
  • 136 m² surface area (1464 sqFt)
  • No overlooking neighbours
  • 1.2 hectares of land (2.97 acres)
  • Facing South

Property description

A Vineyard with a Ruin for ReconstructionNestled amidst the breathtaking Douro Valley, a Unesco World Heritage Site, lies an exceptional opportunity for a wine connoisseur to immerse themselves in the countrys rich winemaking legacy. This remarkable vineyard presents a unique blend of heritage, productivity, and tranquillity.The vineyard is situated within the prestigious Doc Douro Demarcated Region, a renowned enclave known for producing wines of exceptional quality. This location stands as a testament to Portugals enduring winemaking heritage. The fertile soil, favourable climate, and stunning location provide the ideal conditions for nurturing vines and crafting wines that will captivate the senses.The property boasts a large ruin ripe for reconstruction, allowing for the creation of approximately 160m2 to 190m2 of living space, subject to project design and municipal approval.In 2023, the vineyard yielded an impressive 9,000 kilograms of grapes, demonstrating its remarkable productivity and potential. The property holds a D classification, granting it the privilege of selling 1,880 litres of must to the Port wine industry. This contribution not only provides a revenue stream for the farm but also plays a role in the production of Port Wine, Portugals most iconic beverage.The remaining grapes are currently sold to the local cooperative for the production of Douro Doc table wine. However, a strategic redirection of part or all of the production to a private label wine could cater to a more select niche audience, expanding the vineyards reach whilst increasing its returns.The property offers convenient paved access, proximity to mains water and electricity connections, and enjoys beautiful and tranquil surroundings. Just 11 minutes from the nearest city, it provides easy access to essential services and amenities while simultaneously offering a serene escape into the charming Douro Valley. Fine houses dot the landscape, reflecting the regions harmonious transition from agriculture to upscale rural living.This property presents an unparalleled opportunity to embrace Portugals winemaking heritage, cultivate exceptional grapes, and create wines that will leave a lasting impression.Key Highlights:* Ruin for reconstruction 160m2 to 190m2* 12000m2 of land*Mature olide grove* Doc Douro Demarcated Region* Proven productivity with over 9,000 kilograms of grapes in 2023* D classification for Port wine production* Convenient access to essential services and amenities* Beautiful and tranquil surroundings* 100km / 62 miles from Porto*Excluded from the Energy Certification System (Sce), under subparagraph g) of number 2 of article 18 of Decree-Law number 101-D/2020, dated December 7th.Ami 23095 – Westend Hills Portugal

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