Portugal

Alcabideche

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Real estate insights for Alcabideche

AspectSummary
Population35,000
Average Property Price€250,000
Rental Yield5.5%
Average Rent€1,200
Occupancy Rate85%
Capital Growth Rate3% (annually)
Property Tax0.3% of property value
Transaction Costs6% (including taxes and fees)
Expected ROI8% (including rental income and capital growth)
Economic Growth ImpactPositive due to increased investment and infrastructure development

Alcabideche FAQ

  • What are the average real estate prices in Alcabideche?

    Average real estate prices in Alcabideche, a charming area in the Cascais municipality, vary significantly based on property type and location. As of late 2023, the average price for apartments typically ranges from €2,000 to €3,500 per square meter. For instance, a two-bedroom apartment can cost around €250,000 to €400,000, depending on its proximity to amenities and views. Single-family homes in Alcabideche generally command higher prices, averaging between €350,000 and €600,000; larger properties or those with extensive gardens can exceed €800,000, particularly in desirable neighborhoods such as Monte Estoril. Additionally, prices near main transportation links or coastal views tend to be on the higher end of the spectrum.

  • What is the price range for single-family homes in Alcabideche?

    The price range for single-family homes in Alcabideche varies significantly based on factors such as location, size, and condition of the property. As of recent data, you can find single-family homes typically priced between €300,000 and €1 million. For example, more modest three-bedroom homes might start at around €350,000, especially those located further from the center or in need of renovation. In contrast, larger, well-maintained properties with four or more bedrooms and modern amenities can command prices upwards of €800,000 to €1 million, particularly in more desirable neighborhoods closer to the coast. The market has shown a tendency for higher prices in areas with better access to amenities, schools, and public transportation.

  • How have real estate prices in Alcabideche changed over the past year?

    Over the past year, Alcabideche has experienced noticeable fluctuations in real estate prices, driven largely by demand from both local buyers and foreign investors seeking properties close to Lisbon’s metropolitan area. According to recent market analyses, property values have increased by approximately 8% to 12%, with the average price per square meter now hovering around €2,500. For instance, family homes in well-established neighborhoods like Aldeia de Juso have seen their prices surge, with three-bedroom houses now listed around €400,000, compared to around €350,000 a year ago. Additionally, high-end developments near the coast, such as those in the vicinity of Praia das Maçãs, have further pushed the overall average costs upward, with some luxury villas reaching upwards of €1 million. This uptick is partly attributed to the area's improving infrastructure and amenities, as well as the ongoing appeal of its proximity to both nature and urban conveniences.

  • What factors influence real estate prices in Alcabideche?

    Real estate prices in Alcabideche are influenced by several key factors, including location, amenities, and market demand. The proximity to Lisbon and Cascais makes Alcabideche appealing for those commuting to the capital, particularly with the increasing availability of transport options such as the A5 highway and local bus services. Additionally, the quality and availability of local amenities, such as schools, parks, shopping centers, and healthcare facilities, play a significant role in attracting buyers and renters. For example, properties near well-regarded schools or recreational areas like the Sintra-Cascais Natural Park tend to command higher prices. Furthermore, the overall economic climate, including interest rates and employment rates in the region, directly impacts purchasing power and investment trends. Seasonal fluctuations can also affect pricing, with higher demand typically seen during the summer months when many want to capitalize on the coastal lifestyle.

  • Are property prices in Alcabideche higher than in nearby areas?

    Property prices in Alcabideche, a parish in the Cascais municipality, tend to reflect its growing appeal as a residential area compared to nearby locations. As of recent data, average home prices in Alcabideche range from approximately €2,500 to €3,500 per square meter, which can be higher than areas such as São Domingos de Rana, where prices hover around €1,800 to €2,300 per square meter. The proximity to the coast, scenic landscapes, and a blend of urban and rural living contribute to its desirability. In contrast, neighboring regions like Colares might see lower prices, with a more rural vibe leading to averages closer to €1,500 per square meter. Additionally, the increased infrastructure development and amenities in Alcabideche, including schools and transportation links, have influenced the upward trajectory of property values, distinguishing it from adjacent parishes.

  • What types of properties are generally more expensive in Alcabideche?

    In Alcabideche, properties that tend to be more expensive include modern villas and luxury apartments, particularly those with ocean views or high-end amenities. Homes in gated communities, such as the ones near the coastline, often command higher prices due to their exclusivity and security features. For example, contemporary properties in areas like Quinta da Marinha offer spacious designs, private swimming pools, and landscaped gardens, making them desirable for affluent buyers. Additionally, renovated traditional Portuguese houses in the historic parts of Alcabideche can also be pricier, especially those that maintain original architectural details while providing modern comforts. Proximity to local amenities, such as fine dining and shopping, further elevates property values.

  • Is it a good time to invest in real estate in Alcabideche?

    Alcabideche, located near Cascais and the Atlantic coast, has seen a steady increase in real estate interest, driven by its appealing suburban environment and proximity to Lisbon. The area offers a mix of traditional Portuguese architecture and modern developments, which can attract both local and international buyers. Recent trends indicate that property prices have been on the rise, with an average increase of around 5-10% annually over the past few years. Additionally, the demand for vacation homes has surged, as many look for serene retreats close to historical attractions and beautiful beaches like Praia do Guincho. While rental yields in Alcabideche remain competitive, especially during peak seasons when Lisbon's tourists often seek nearby accommodations, it's essential to consider overall market dynamics and potential regulatory changes that could impact investment viability in the region.