Palacete Douro
Development Palacete Douro - Lordelo do Ouro e Massarelos, Porto
Located in a prime area with spectacular views, Palacete Douro is situated on Rua da Pena and is a luxury development comprising 14 apartments ranging from studios to four-bedroom units, offering an exclusive setting and atmosphere overlooking the Douro River.
Designed by architect João Ferros, it is located in an area classified as National Heritage, resulting from the reconstruction of a mansion, making the most of the outdoor areas, natural light, gardens, and, above all, the views of the river.
Construction is currently in the basement phase, with completion expected in approximately twenty-four months.
A detailed finishes schedule will be made available, along with the project’s general catalog.
For sale: 6 Residence units and 2 Mansion units.
Associated Fractions
Development Details
Regarding the payment plan, a down payment and subsequent installments totaling 50% of the sale price are required, divided into 10% installments, with payments due every 90 days, as follows:
- 10% via CPCV
- 10% as the first down payment installment due at 90 days, upon completion of the basement perimeter retaining wall;
- 10% as the second down payment installment at 180 days, upon the start of construction of the ground floor slab;
- 10% as the third down payment at 270 days, upon commencement of construction of the roof slab;
- 10% as the fourth and final down payment at 360 days, upon completion of the masonry work.
- The remaining 50% shall be paid upon execution of the deed.