Unique Estate for sale with countryside view in Santa Marta de Penaguiao, Northern Portugal
6 hectares of glorious land with gardens, olive groves, fruit trees and vineyards, enjoying outstanding countryside views from its location in Santa Marta de Penaguiao.
Originating in the 19th century and rooted in the same family for four generations, Quinta do Eidinho is a unique property set right in the heart of the Douro Demarcated Region, a UNESCO World Heritage Site.
With around 6 hectares, of which 5.5 hectares are dedicated to carefully cultivated vineyards, this estate gives life to noble grape varieties such as Malvasia Fina, Fern and ao Pires, Gouveio Verdelho and Viosinho in the whites, an...
6 hectares of glorious land with gardens, olive groves, fruit trees and vineyards, enjoying outstanding countryside views from its location in Santa Marta de Penaguiao.
Originating in the 19th century and rooted in the same family for four generations, Quinta do Eidinho is a unique property set right in the heart of the Douro Demarcated Region, a UNESCO World Heritage Site.
With around 6 hectares, of which 5.5 hectares are dedicated to carefully cultivated vineyards, this estate gives life to noble grape varieties such as Malvasia Fina, Fern and ao Pires, Gouveio Verdelho and Viosinho in the whites, and Touriga Nacional, Touriga Franca, Tinta Roriz and Tinta Barroca in the reds.
Each harvest is made with soul, and each bottle reflects respect for the land and tradition.
But the charm of Quinta do Eidinho goes beyond wine production: the estate also produces around 600 litres of extra virgin olive oil a year and has a diversified orchard with apples, pears, figs, chestnuts, pomegranates and citrus fruits.
Production is complemented by processed products from the leftovers of the harvest, a perfect example of sustainability and making full use of nature.
At the top of the property is a 240 m2 house with striking 19th century features, such as the carved wooden ceilings, which enchant with their elegance and history.
On the lower floor, a 400 m2 warehouse offers ample storage capacity in stainless steel vats, with a refrigeration system and complete facilities for producing, bottling and conserving the wines.
With stunning views over the Douro valley and excellent access, this quinta combines the best of rural tranquillity with proximity to the region's main logistics, tourist and commercial centres.
Quinta do Eidinho is much more than a wine estate: it is a true legacy, a place of passion, tradition and potential. Whether for a family project linked to wine production, or for the development of a charming tourist resort, this is a rare opportunity in one of Portugal's most emblematic regions.
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This Estate is located in Santa Marta de Penaguiao in Portugal
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Buying a Property in Portugal
1. Signing a Letter of Intent
On finding a property you wish to purchase, your agent will draw up a 'Letter of Intent, this will be signed by both parties, vendor and buyer. Copies of this will be given to the legal representatives of both parties and will be used in preparing the Promissory Contract. Included in this letter will be the price, what is included in the sale, furnishings etc. and any conditions of the sale plus the dates for both exchange and completion.
2. Exchange of Promissary Contract (Contrato Promessa de Compra e Venda)
The buyers lawyers are responsible for drawing up the promissory contract (Contrato Promessa de Compra e Venda) and as part of the process they will have carried out the legal searches and made sure that there are no charges, e.g. utilities, property tax etc. against the property. The contract will contain details of both parties and include clear title of ownership, when payments are due to be made, the completion date and an inventory, if required. The Promissory Contract is legally binding and will generally be signed by both parties and witnessed by a notary/lawyer. The contract will include penalty clauses in case either party does not fulfill the terms of the contract. A 10%, non-refundable deposit is required at this point, this will be paid to the vendor, through the lawyer's client account. Once the contract has been signed, if the vendor pulls out of the contract, they will be obliged to pay back double the deposit to the purchaser. If the purchaser pulls out, they will lose their deposit.
3. On Completion
The amount of time between signing the Promissary Contract and Completion will vary and will have been agreed in the contract. Before Completion your lawyer will need to arrange with a fiscal representative for you to obtain a Portuguese Fiscal Number. The official Deed of Transfer of ownership (the Escritura) will be signed by you (or someone representing you with your Power of Attorney), this is signed at the Notary and they will retain the document. The Deed will be read aloud by the Notary before all participants sign it. Your lawyer will need to check to ensure that you understand what is being said if you do not understand Portugese. The Escritura, once it has been signed, will officially give you ownership of the property, but will still need to be registered in your name on the Land Registry (Registo Predial) by your lawyer. Your lawyer should obtain a copy of this for your records. Once you have completed, the new utility contracts can be transferred into your name by your lawyer.