Nestled in the district of Viseu within the province of Central Portugal, Oliveira de Frades boasts a rich tapestry of history and culture. The town's historical roots trace back to the Roman era, and it played a significant role during the Middle Ages, leaving a legacy of architectural marvels such as the Church of Oliveira de Frades and the nearby Monastery of São Lourenço de Ansiães. Surrounded by the alluring landscapes of the Caramulo and Freita mountains, Oliveira de Frades offers a picturesque setting filled with lush forests and rolling hills. Its prime location provides ease of access to major urban centers while maintaining a serene, rural charm.
The Exclusive Property Market in Oliveira de Frades
The luxury property market in Oliveira de Frades is currently experiencing stable growth. Demand for exclusive homes far exceeds the available supply, making it a competitive yet promising space for potential luxury home buyers. This rise in demand is driven by the town's idyllic setting, historical charm, and the increasing interest from international buyers. The political and economic climate in Oliveira de Frades is stable, contributing positively to the real estate market’s dynamics.
Financial Considerations for Buying a Luxury Home
When purchasing a luxury home in Oliveira de Frades, several costs must be accounted for. Typically, a buyer can expect to pay a real estate commission around 5%, while the seller also incurs a similar commission fee. The purchase is also subject to a transfer tax, which stands at approximately 6% for private properties. Additionally, buyers should factor in notary fees, legal costs, and potential inspection costs. If the purchased property serves as a primary residence, profits upon sale are generally not taxed, but taxes do apply on profits from secondary or vacation homes.
Accessibility and Connectivity
Oliveira de Frades is well-connected by road, offering straightforward access to major motorways. The town is approximately 30 kilometers from the city of Viseu, a significant urban hub that offers extended amenities. For international travel, the Francisco Sá Carneiro Airport in Porto is the nearest major airport, situated about 120 kilometers away, while the Lisbon Humberto Delgado Airport is further afield.
Education and Healthcare Facilities
The region offers several reputable educational and healthcare facilities. The University of Beira Interior in Covilhã and the Polytechnic Institute of Viseu are notable higher education institutions. In terms of healthcare, the Dr. Bento Carqueja Hospital in Oliveira de Frades and the larger São Teotónio Hospital in Viseu serve the area with modern medical services.
A Luxurious Lifestyle Awaits
Oliveira de Frades provides an array of luxurious amenities conducive to an upscale lifestyle. The countryside offers opportunities for outdoor sports such as hiking, horseback riding, and golfing at nearby clubs. Shoppers will delight in local artisan boutiques offering bespoke products and fashion. Gourmet dining experiences await with fine restaurants like Restaurante Morgadio and the Casa da Comida. The town also hosts annual cultural events and festivals, adding to its vibrant community atmosphere.
Nature and Climate
The surroundings of Oliveira de Frades are marked by diverse natural beauty. The area offers a mild Mediterranean climate, with warm summers and cooler, wet winters. Outdoor enthusiasts can explore the enchanting landscapes of the Serra do Caramulo and the nearby river valleys, making it a haven for nature lovers and those seeking tranquility.
By choosing to invest in a luxury property in Oliveira de Frades, you are embracing a lifestyle that blends historic charm with modern luxury amid Portugal's captivating landscapes.
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