luxury villas with reception room for sale Santa Marta de Penaguião, Portugal

A majestic mansion dating back to the 18th century, known as Quinta da Boavista, ready to move into or to be converted into a magnificent boutique hotel! This fantastic property is set on a spacious lot of nearly 7,000 m², located in a fully urban area, and enjoys a central and prime location in the capital of Trás-os-Montes and Alto Douro. The potential of this property is enormous, starting with its historical significance—it has strong ties to the history of the city of Vila Real, from the 18th century to the present day. From here, you can set out to explore the “Marvelous Kingdom” or the Douro Wine Region, all while enjoying the comfort and space that only a unique property like this can offer. The potential of this fabulous property is vast, ranging from luxury residential use to hosting events, transforming it into a high-quality tourism development, or serving as the foundation for a high-value residential complex that would set the standard for the entire region. The property currently consists of a ground floor and first floor, featuring 7 spacious bedrooms, three bathrooms, two kitchens, a dining room, a library, and a beautiful, light-filled ballroom of approximately 140 m² that opens onto a granite counter with baluster railings and a grand staircase crafted from granite stonework. Another distinctive feature of this unique building is its spacious glass-enclosed balcony, which could become your new leisure space—a place where you can enjoy a unique atmosphere that combines the comfort of the interior with the freedom of the outdoors. This fantastic enclosed space, like the rest of the property, features a central heating system, offering an unobstructed panoramic view and excellent natural light, all with the utmost comfort. On the ground floor of the house, in addition to three bedrooms, there is a bathroom, a wine cellar, and several utility rooms that once supported the agricultural activities carried out at Quinta da Boavista until the end of the last century. Attached to this building are a garage, a former “caretaker’s house,” and other historic farm buildings, which give the property great potential. Together with the main house, these structures total over 1,000 m² of current floor area, with the potential for significant expansion through future investment. Come with us to discover this magnificent property, guided by a real estate agent who knows every nook and cranny in detail—and its ENORMOUS potential. Translated with DeepL.com (free version)