Campanha, located in the northern region of Portugal, has a rich history dating back to the Roman era. This area boasts historical sights such as the Campanha Church and the Roman bridge over the River Tinto. Geographically positioned along the Douro River, Campanha offers stunning landscapes and ease of access to Porto. Over the centuries, it has developed a blend of historical charm and modern sophistication.
The Exclusive Property Market in Campanha
The exclusive property market in Campanha is currently strong, with a high demand and limited supply of luxury homes and apartments. The region's political and economic situation is stable, contributing to a robust real estate environment. When purchasing a house in Campanha, buyers typically pay an average real estate commission of 5%, while sellers are responsible for around the same percentage. Additional costs to consider include a transfer tax of 6% on private property, notary fees, and possible construction inspection or legal fees. There is no wealth tax for private ownership of a house, but there is a capital gains tax if the property is not your primary residence.
Mortgage and Financing Requirements
To buy a house in Campanha, you generally need a good ratio between own and foreign capital. Banks typically require a down payment of around 20-30% of the purchase price, and the maximum mortgage one can obtain is usually up to 80% of the property’s value. Income requirements are also quite stringent to ensure buyers can comfortably afford the mortgage repayments.
Prime Residential Areas
The most expensive and sought-after residential areas in Campanha include Rua de Miraflor and Avenida de Paiva Couceiro, known for their luxurious homes and stunning views. The grandeur of these areas attracts affluent buyers looking for exclusivity and elegance.
Accessibility and Connectivity
Campanha is highly accessible by both road and rail. The region is well connected to Porto, which is just 5 kilometers away, making daily commutes or weekends in the city effortless. National and international flights are easily accessible from Francisco Sá Carneiro Airport, located approximately 20 kilometers from Campanha.
Education and Institutions
The vicinity of Campanha is home to notable educational institutions such as the University of Porto and Escola Secundária de Campanha. These institutions provide excellent educational opportunities from primary through to higher education.
Natural and Recreational Environment
Surrounded by lush nature, the landscape of Campanha includes rolling hills and the scenic Douro River. The climate in Campanha is mild, with warm summers and cool, wet winters. Outdoor enthusiasts will appreciate the numerous parks, including Parque Oriental do Porto and various water sports activities along the Douro River.
Luxury Lifestyle and Amenities
Campanha caters to a luxury lifestyle with high-end shops, renowned hotels like the Pestana Palácio do Freixo, and exclusive restaurants such as Cafeína. The nightlife is vibrant, offering stylish venues and even a casino for those seeking entertainment. Annual events such as the São João Festival and the Porto Wine Fest reflect the rich cultural heritage of the area.
Cultural and Health Infrastructure
The cultural scene is enriched by famous museums like the Museu Nacional Soares dos Reis and various galleries and theaters that celebrate local and international art. Healthcare facilities are readily available, with institutions like Hospital de São João offering high-quality medical services.
Public Infrastructure and Amenities
Campanha boasts modern public infrastructure with well-maintained roads, public transportation, and essential amenities that ensure a high quality of life. Luxurious residential areas are complemented by facilities such as gourmet dining, high-end shopping, and exclusive sports clubs.
In summary, Campanha provides an exceptional luxury living experience with robust real estate options, excellent connectivity, rich culture, and a high standard of amenities. Explore the exclusive property market in Campanha for an elevated lifestyle that combines historical charm with modern elegance.
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