100% Legal Waterfront
In 2005, further legalized by the Portuguese
Government in 2014, many Portuguese waterfront properties
were declared unlawful if they
were within 50 meters from the ocean / sea or 30 meters from
a laker / river. This villa appears closer to the water than
it is; it is 75 meters from the river (although the grounds
get much closer to the river), so is well outside the 30 meter
0% Flooding Risk
Although this riverside property overlooks
the River Minho, it is built on an embankment some 30 meters
above the river level, well above the floodplain. The lower
grounds of this property, at the foot of the embankment, last
flooded in 2000, a long way below the property itself.
6 bedrooms, 4 bathrooms, large living
room, large TV lounge, guest lounge, dining room, breakfast
room / 2nd kitchen, large kitchen, study, large office area,
large utility room, wash room, adega (wine / food store),
triple garage, long riverfront border, 510 sqm living space,
extensive secure (2 meter walled, fenced & gated) &
secluded grounds, air conditioned lower floor, insect screens
throughout, granite / wood rich, oil fired central heating,
2 log burning fireplaces, Spanish and Portuguese mobile /
Internet access, phone line with broadband, security system,
entry phone system, fenced off full sized swimming pool with
children's section, summer house, gate house, dog pounds,
several garden areas, large grape vine area, large fruit garden,
two natural streams, elevated position (above flood plain),
long granite cubos (cobblestone) driveway past property and
down to large river access gate, several outbuildings, granite
pergola, large irrigation tank / duck pond, extensive irrigation
and sprinkler systems, secure poultry coup, greenhouse, mains
water, river water (licensed - for very dry spells), BBQ,
on postal route, four supermarkets within 5 minute drive,
main pavement to town, sports & fitness centre 2 minutes
It is not just the fact this is one
of the very few villas / quintas in Portugal or Spain that
overlooks and has direct access to such a large beautiful
river, but the fact it is located in one of best areas (air
quality, virtually no crime, etc.) and has immediate proximity
/ direct access to major transport hubs, plus a vast array
of Portuguese and Spanish facilities / services which you
can pick and chose from. The sidewalk cafes and restaurants
of Moncao Portugal are 3 minutes away, the tapas bars of
Salvaterra Spain 5 minutes away, the wonderful large market
town of Ponteareas is just 15 minutes away, the Spanish
port city of Vigo is only 25 minutes by car, Porto (Portugal)
is 1 hour.
Vigo Airport is only 20 minutes away
and offers many flight options both in the Iberian Peninsular
and beyond. Porto Airport is only 1 hour away, along one
of the best, traffic free, scenic motorways in Europe.
Shopping areas / malls, golf clubs,
the Atlantic Ocean, the mountains are all easily and quickly
More Location Benefits!
Council taxes for everything, all 13,700
sqm land for this property and all grounds are just €350/year.
The cost of living (prices, what you pay) is very low; on
average prices in Spain / Portugal are 40% to 50% less than
in the UK.
Portugal offers a non-habitual tax residence
program where you pay very little income tax, and none on
foreign earnings. You can still operate a business outside
of Portugal from your property here though. So you can claim
non-residency in the UK for example, while still going there
for business / holidays, while your low tax Portuguese non-habitual
residency means you pay very little tax here.
If you base your hobby / operate a business across the border
in Spain, you can legally drive a Spanish registered car
in Portugal (a mid range BMW is €14,000 cheaper in
Spain). Plus you then get access to exceptional Spanish
health care and much more favorable business taxes. If you
have children, they can then attend school in one the excellent
public, semi-public or private schools in Pontevedra, Galicia.
Perhaps operate a Spanish business from a low cost rented
town centre apartment (typically three bedrooms for €300/month)
in restaurant, bar and cafe rich Ponteareas. Then offset
much of the rental against tax and use the apartment for
nights out in town / somewhere to put friends and family
when they visit you on the Iberian Peninsular.
If you rent this property out as a holiday let, your income
tax liability after allowances is under 4%, while VAT is
only 6% and only then if you earn more than €10,000
per year (so, don't).
Waterfront Property in Portugal / Spain with
private slipway / access.
For sale / investment, private residence / tourism / watersports
use: Fully legal, large quality build Portuguese waterfront
property ("quinta") with private slipway (remains of)
/ direct river boating access, plus panoramic views of and easy
road access to Spain. Secluded and private within extensive grounds
(including horse paddock / extra building land), literally just
outside the fashionable & historic ancient town of Moncao (Monção)
in the Costa Verde region of Portugal, just across the River Minho
(Rio Minho / Río Miño) from Salvaterra de Miño
in the Spanish region of Galicia. Twenty minutes drive to Vigo Spain,
an hour to Porto and the River Douro, 15 minutes to the rail station
at Valenca (Valença). Opposite a "praia fluvial"
(river beach) popular with Spanish families in the summer, adjacent
to one of the top fishing sections of the river (trout, large shad
and even some salmon), in front of a superb sailing / boating section
of the river, just down from white water rapids popular with kayakers.
Undecided between choosing a property in Northern Portugal or in
the Atlantic region of Spain? Look closely, decide wisely, and live
on the border. Portugal offers much better tax (non-habitual) residency
status and stricter building regulations (so your Portuguese house
will not suddenly be surrounded by apartments), while Spain offers
better health care, education, leisure and lower business operating
costs. By living in this house, you really can get the best of both
countries, which is one of the most desirable properties in the
area, even shown on the Camara
Monção's main web site image.
Ideal as an exclusive private riverside country home and
estate, or to use the upper floor as a bed & breakfast (immediate
licensing available), and / or to add some log cabins for tourism
purposes, and / or to add additional properties in the extensive
grounds. Extra adjacent land available for further development or
even for horse stables and paddock (many equestrian centres nearby).
Currently a second home, the existing owners also holiday let the
property out with peak season rates of €2500 per week (for
10 people stays). So you can stay before you buy if you want, if
so, please visit Portugal
Waterfront Property Rentals.
This substantial riverfront home is almost certainly the top luxury
property of its kind for miles. Over 500 square meters of living
space set out over three floors and located within secluded, private
(walled, fenced and gated) grounds of around 10,500 square meters;
these with an extensive / long waterfront border plus large riverfront
gate / boat access to the river with the remains of a private slipway.
Plus, an adjacent field with a further 3,200 sqm available). The
private granite cobblestone / cubos driveway runs from the front
electronic entrance gates, past and around the property / garages,
down to the double river access gates below; it is absolutely perfect
for the boating enthusiast. This 6 bedroom quinta (large / important
property of the area) is of solid granite plus rendered brick construction
and has been lovingly improved by present owners over the last few
years. It is very close to, though just outside earshot and view
of the new Vigo Dry Port (Vigo port expansion); property prices
in this area are set to increase significantly, some like this could
well double over the next 10 years due to an expected influx of
management and professionals.
Because the main land title (about 9,000 sqm) is the highest "Urbano"
title, development opportunities within the grounds and adjacent
land plots also exist. Although riverfront building permits are
a thing of the past in most cases, making this waterfront property
exceptionally rare and desirable (plus guaranteeing its own seclusion),
because the grounds are already "Urbano" in theory they
could be developed further. New owners could keep this quinta simply
as one of the most prestigious homes in the region, or maybe part
use it for up market bed and breakfast, or perhaps add one or more
holiday cabins, or possibly build two additional homes in the secure
grounds (another on the adjacent plot) or even turn everything over
to an exclusive small conference centre or hotel. With even more
land available (the woodland next to it and an adjacent strip of
riverfront land are also available by their respective owners for
sale), there are lots of options open for this property, including
the possibility of operating some form of watersports business.
Strong Vale do Minho property market!
This specific area ("Vale do Minho") has enjoyed steady
property prices despite the recession elsewhere, and is now getting
stronger. This strength comes from an influx of affluent middle
class Portuguese from Lisbon and Porto buying second homes / properties
specifically in the Monção / Minho Valley area, from
affluent Spanish businessmen in Vigo / Porriño / Ponteareas
moving / buying their family homes to enjoy both lower property
taxes and stricter building regulations (so apartment blocks are
not built next to their family house), from affluent Portuguese
emigrants who are now making their money in France, Switzerland
and Canada, and from the influx of business people as a result of
the PLISAN (Vigo Dry Port) development on the Spanish side, and
the Minho Park (large business park) on the Portuguese side of the
River Minho / Miño border.
Aerial views of villa & grounds (click images for more
This Portugal riverfront property's views of Galicia in
Spain and the River Minho;