Porto Welcomes Val D’Ouro Palace, a New Luxury Condominium in the City Center
A new private condominium, named Val D’Ouro Palace, has been announced for the center of Porto, featuring 16 exclusive residences. The project, a joint promotion by LUXIMOS Christie’s International Real Estate, Savills Portugal, and Portugal Sotheby’s International Realty, involves the meticulous rehabilitation of a 19th-century palacete, integrating it into a complex of four contemporary buildings. The development aims to blend architectural heritage with modern luxury, with residential units starting at a price of 620,000 euros.
The project comprises a total of 16 residences, which include 13 apartments with typologies ranging from one-bedroom (T1) to three-bedroom (T3), two penthouses each containing three suites, and one four-bedroom (V4) villa. The architectural design focuses on spacious and luminous interiors, characterized by high, French-style ceilings, noble wood flooring, and bathrooms clad in marble. Kitchens will be delivered fully equipped with modern appliances. All residential units will have access to private parking spaces.
A significant feature of the Val D’Ouro Palace is a 1,300-square-meter private garden, intended to provide a tranquil green space for residents. The condominium will also offer a range of leisure and wellness amenities, including a heated outdoor swimming pool, a fitness room, an infrared sauna, and 'cold plunge' baths. These facilities are designed to offer a quality of life comparable to that of a high-end hotel, according to the promoters.
Ricardo Costa, Partner and CEO of LUXIMOS Christie’s International Real Estate, commented on the project's location, describing it as “truly exceptional.” He noted that the property offers iconic views of Porto’s historic landscape, including the traditional houses, Port wine cellars, and the Douro River. He referred to it as a “rare privilege for who seeks to live the city with its authenticity and historical richness.”
Carla Barbosa, Senior Consultant at Savills, emphasized the project's unique combination of stunning views over the Douro and the city's World Heritage site with high-end amenities. She stated that the development “preserves and values the architectural heritage of the city, by rigorously rehabilitating a 19th-century palacete and integrating it harmoniously into the ensemble.” She described this blend of authenticity, sophistication, and heritage as what makes the project “truly unique.”
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Duarte Marques, Director of Developments at Portugal Sotheby's International Realty, highlighted the project as a “rare convergence between heritage and contemporaneity.” He added that the rehabilitation of the palace “returns to the city an architectural icon, now transformed into exclusive residences.” He concluded by calling it an “unrepeatable opportunity for those looking to unite sophistication, history, and quality of life in a single address.” The development is positioned as a premium offering for buyers in the Porto real estate market.
The project specifications detail a focus on high-quality materials and finishes, aiming to attract both domestic and international buyers seeking exclusive properties in one of Portugal's major urban centers. The restoration of the historic palacete is being handled with careful attention to its original features, ensuring that the new construction complements the existing architectural character. The integration of modern amenities within this historic context is a key selling point for the development.
The consortium of real estate agencies involved in the promotion brings significant international reach and experience in the luxury market. Their involvement underscores the high-profile nature of the Val D’Ouro Palace development and its positioning at the upper end of the property market. The project is expected to be completed within the next few years, with sales already underway for the limited number of available units.
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