Portugal

Alcacer Do Sal (santiago E Santa Maria Do Castelo) E Santa S

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Apartments for sale in Alcacer Do Sal (santiago E Santa Maria Do Castelo) E Santa S

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Real estate insights for Alcacer Do Sal (santiago E Santa Maria Do Castelo) E Santa S

AspectSummary
PopulationApprox. 10,000 residents
Average Property Price€120,000
Rental Yield5.5%
Average Rent€600/month
Occupancy Rate80%
Capital Growth Rate3% annually
Property Tax0.3% - 0.5% of property value
Transaction Costs6% - 10% (including fees and taxes)
Expected ROI8% annually
Economic Growth ImpactModerate, driven by tourism and local investments

Alcacer Do Sal (santiago E Santa Maria Do Castelo) E Santa S FAQ

  • What are the average real estate prices in Alcacer Do Sal?

    In Alcácer do Sal, average real estate prices vary significantly based on property type and location within the town. As of 2023, these prices generally range from around €1,000 to €2,000 per square meter. For instance, a traditional house in the historic center can be listed for approximately €150,000 to €250,000, depending on size and condition. Meanwhile, newer developments or properties with river views can command higher prices, with some exceeding €300,000. On the outskirts, prices tend to be more affordable, with larger homes available around €100,000 to €180,000. The ongoing interest in the region, particularly from foreign buyers seeking vacation homes, contributes to steady demand and potential price fluctuations.

  • How do real estate prices in Alcacer Do Sal compare to nearby areas?

    Real estate prices in Alcacer Do Sal tend to be more affordable compared to nearby regions like Comporta and Setúbal, largely due to its less tourist-oriented nature and traditional charm. In Alcacer Do Sal, the average price per square meter for residential properties can range from €1,200 to €1,800, which is significantly lower than Comporta, where prices often soar to €3,500 per square meter due to its reputation as a luxury seaside destination. Setúbal also sees higher market rates, with average prices around €2,500 per square meter, driven by its urban amenities and proximity to Lisbon. Additionally, Alcacer Do Sal offers a variety of historical properties and some modern developments, appealing to buyers looking for more value per investment compared to pricier coastal towns. The lower demand for short-term rentals in Alcacer Do Sal also contributes to its relatively stable pricing trajectory, whereas areas like Comporta have experienced significant spikes due to their popularity among investors and vacationers.

  • What factors influence real estate prices in Alcacer Do Sal?

    Real estate prices in Alcácer do Sal are influenced by various factors that reflect the unique characteristics of the region. Proximity to the beautiful Sado River and surrounding natural landscapes makes properties in this area especially appealing, driving up demand among both locals and tourists. The town’s historical significance, with its ancient architecture and landmarks, contributes to its charm and attracts buyers interested in heritage properties. Economic factors, such as local employment opportunities and development projects, also play significant roles; for example, any new infrastructure like road improvements or commercial centers can enhance accessibility and desirability. Seasonal tourism contributes to fluctuations in prices, as properties that can serve as vacation rentals often see increased value during peak months. Additionally, the overall condition of the real estate market in Portugal, including interest rates and economic stability, affects buying power and investment patterns in Alcácer do Sal.

  • Are property prices in Alcacer Do Sal increasing or decreasing?

    Property prices in Alcácer do Sal have shown a notable trend of increase in recent years, driven by the town’s appeal as a picturesque destination near the banks of the Sado River. Many buyers, including both locals and foreigners, are attracted to the historical charm and the potential for investment in this region. For instance, properties in the old town, particularly those with views of the castle or river, have seen price hikes averaging between 10% to 15% over the past few years. New developments on the outskirts, catering to those seeking modern amenities, are also contributing to the upward trend, with some projects selling above €2,500 per square meter. However, some areas that were previously more affordable are experiencing a slower rate of increase, particularly those that require significant renovations or lack immediate access to local conveniences. Meanwhile, the impact of increased demand from tourism has further influenced the real estate market, prompting some sellers to hold onto their properties in hopes of greater returns.

  • What types of properties are most commonly bought in Alcacer Do Sal?

    In Alcácer do Sal, the most commonly bought properties include traditional Portuguese houses, rural villas, and modern apartments, particularly appealing to both local residents and international buyers. Many traditional homes feature characteristic azulejos (ceramic tiles) and can be found in historical areas, reflecting the town's rich heritage. Rural villas often attract buyers looking for larger plots of land, with stunning views of the surrounding landscapes and proximity to natural parks, making them ideal for those seeking tranquility. Additionally, modern apartments are on the rise, particularly among younger professionals and investors, with many offering contemporary amenities and views of the River Sado. Properties near the waterfront or with easy access to local markets and restaurants remain highly sought after, showcasing a blend of picturesque charm and modern convenience.

  • What is the average price per square meter in Alcacer Do Sal?

    The average price per square meter in Alcácer do Sal has been experiencing fluctuations in recent years, largely influenced by the area's growing appeal as a residential and tourist destination. As of late 2023, prices generally range from €1,200 to €2,000 per square meter, depending on the location and type of property. For instance, properties situated in the historic center tend to be on the higher end of the spectrum, with charming traditional homes attracting premium prices. Conversely, apartments or more modern developments on the outskirts can be found for around €1,000 to €1,500 per square meter. Additionally, waterfront properties along the River Sado command a significant markup, often exceeding €2,500 per square meter due to their scenic views and proximity to recreational activities. Overall, the real estate market in Alcácer do Sal reflects a blend of historical significance and modern demand, impacting price dynamics.

  • How does the season affect real estate prices in Alcacer Do Sal?

    In Alcáçer do Sal, the seasonal shifts significantly influence real estate prices due to variations in demand related to tourism and climate. During the summer months, the picturesque landscape and favorable weather attract many visitors, which drives up demand for rental properties and vacation homes. Consequently, property prices in sought-after areas, particularly those near the waterfront or with historical significance, may see a notable increase. For example, homes in the vicinity of the Castle of Alcáçer do Sal may experience higher value during the tourist season as people seek short-term rentals. Conversely, during the winter months, when tourism slows and many properties sit unoccupied, there’s often a downturn in prices as sellers compete to attract buyers. Additionally, properties that require renovations may see less interest during peak seasons, further influencing their price points depending on the time of year.