Spain / Portugal Riverfront Property
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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 limit.

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.

Better river views
We now have permission from the Portuguese authorities to clear all the riverbank trees within 50 meters of the property which will give it sweeping river views, probably the best in Portugal. The tree clearance can only occur during certain months (fire prevention), hence why we have not done it yet. But we have permission and it has been verified by our lawyer.

Property Summary
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 away.

Location, location..
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 accessible.

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.

Taxation Benefits
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.

This property is currently no longer available for sale.

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 photos);

This Portugal riverfront property's views of Galicia in Spain and the River Minho;

View of River / Rio Minho / Mino

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