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FARM AND FOREST FOR SALE IN PORTUGAL

Name: Eduardo Ribeiro

Telephone number: +351229953349

Mobile number:  +351933008300

E-mail address:  EJTRRR@GMAIL.COM

Country: Portugal

Nearest town or village: Oporto

Nature of sale : Private treaty

Price:  400.000 €

When available or date of auction: Now

Description:

QUINTA DA PÓVOAPROPERTIES FOR SALE

(PÓVOA FARM)
The farm has a area of  47.000 m2. it is delimited by 750 m of  a road on north

and rising sun sides, 360 m of a little river with plenty water on south side, and 120 m with a neighbour in the sunset side.

It has two buildings:

The house has 400m2, in bad maintenance condition (to renewal), with one floorbuild in rock (stone).

-	Square shaped configuration, with open centre;

-	Wine Cellar equipped with a round press and a ancient bar press with spindle

in wood and weight in rock, in perfect functioning, which is a unique exemplar, according to technician of a museum that wanted to acquire it.

The cereals granary has 2 floors with 50m2 each, and it can transformed in a habitable place.

-	Ground floor in rock it has 100 m2 cereals drier terrace with big ground stones;

-	First floor in cement blocks

There is also a water mill in very bad condition which belongs in 4/7 to the farm and the other 3/7 to a cousin from the farm in the other side of the little river.

The farm is integrated in the official wine area “Região Demarcada do Vinho

Verde” 

http://www.vinhoverde.pt,

 of the unique world region of the Vinho Verde, and produces 10.000 to 20.000 liters. (12.000 l. was the production in 2005).

It also produces corn, and vegetables.

We have two tenants, a 73 years old men and wife, they both live in the house and a tenant which doesn´t live in the farm.

There are the possibilities to keep the rental contract with them, to renegotiate it or to end it, which is a matter I can assume, and deliver the

farm to the buyer as understood.

In the actual contract, the tenants, looks up to all aspects of the management

of the farm, except to sell the landlord 50 % part of the wine production.

It means that the landlord don´t have to worry about the farm, as it is done for more then 25 years in that system.

It is 30 miles distance or 30 min. on Highway A42 from Oporto city and International Airport to the farm, located in a small city called Lixa, between the cities of Felgueiras and Amarante (6 milles to each).

The main house is in 41º19`38.29”N and 8º07`33.29”W in Google Earth coordinates.

PÓVOA FOREST

20.000 m2 of pine and eucalyptus, on the other side of the little river.

These properties are owned by the family from 1843, and the prices are:

QUINTA DA PÓVOA  -  400.000 €

PÓVOA FOREST  - 100.000 €

EDUARDO RIBEIRO ejtrrr@gmail.com

ADDED 24/02/08