Portugal

Alenquer (santo Estevao E Triana)

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Apartments for sale in Alenquer (santo Estevao E Triana)

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Real estate insights for Alenquer (santo Estevao E Triana)

AspectSummary
PopulationApproximately 10,000 residents.
Average Property Price€200,000 - €250,000.
Rental Yield4% - 6%.
Average Rent€700 - €900 per month.
Occupancy Rate85% - 90%.
Capital Growth Rate3% - 5% per year.
Property TaxAround 0.3% - 0.5% of property value.
Transaction Costs5% - 10% of purchase price.
Expected ROI5% - 10% annually.
Economic Growth ImpactSteady growth due to local investments.

Alenquer (santo Estevao E Triana) FAQ

  • What are the average real estate prices in Alenquer (Santo Estevão e Triana)?

    In Alenquer, specifically in the parish of Santo Estevão e Triana, the average real estate prices can vary significantly depending on the type of property and its location. As of October 2023, the average price for a house is around €1,200 per square meter, making it relatively affordable compared to nearby urban areas. A three-bedroom villa in good condition typically ranges from €250,000 to €350,000, while more modern or larger homes can exceed €500,000. For apartments, prices are generally lower, with a two-bedroom flat averaging between €150,000 and €220,000. Properties near amenities or with scenic views may command higher prices, with some luxury homes reaching up to €800,000 or more depending on their features and location within the parish.

  • How do real estate prices in Alenquer compare to nearby areas?

    Real estate prices in Alenquer, specifically in the parish of Santo Estêvão e Triana, tend to be more affordable compared to some nearby municipalities like Lisbon and Cascais. As of 2023, the average price per square meter for residential properties in Alenquer hovers around €1,300 to €1,500, while in Lisbon, prices can soar to €3,500 or more per square meter. In comparison, nearby towns like Torres Vedras may see prices in the range of €1,200 to €1,400 per square meter, and in Arruda dos Vinhos, prices can be slightly lower, averaging €1,100 per square meter. Alenquer's blend of rural charm and connectivity to larger urban centers like Lisbon makes it an appealing option for buyers seeking lower prices without compromising proximity to the capital.

  • What factors influence real estate prices in Alenquer?

    In Alenquer, several factors significantly influence real estate prices, including location, property type, and market demand. For instance, properties situated near the historic center or with views of the surrounding vineyards tend to command higher prices, often exceeding €2,500 per square meter, while homes in more suburban areas may range from €1,500 to €2,000 per square meter. Additionally, the influx of buyers from Lisbon seeking second homes or weekend getaways has heightened competition, pushing prices up by about 15% over the past two years. Average transaction prices for family homes, which typically range from €300,000 to €500,000, can fluctuate based on amenities such as swimming pools or modern features like smart home technology. Furthermore, the availability of local services like schools and healthcare facilities also plays a role, with properties near well-rated schools generally appreciating faster than those in less sought-after neighborhoods.

  • Are real estate prices in Alenquer generally rising or falling?

    Real estate prices in Alenquer, particularly in the neighborhoods of Santo Estevão and Triana, have shown a significant upward trend in recent years. According to data from the Portuguese Institute of National Statistics, the average price of residential properties in the municipality has increased by approximately 15% from 2020 to 2023, reaching around €1,400 per square meter. In Santo Estevão, houses that were valued at €200,000 in early 2021 are now selling for upwards of €230,000. Similarly, in Triana, a modest two-bedroom apartment that previously listed for €150,000 is now often on the market for €175,000 or more. The surge in demand is driven by factors such as improved transport links to Lisbon, making the area more appealing for commuters.

  • What types of properties are most commonly found in Alenquer and their price ranges?

    In Alenquer, particularly in the areas of Santo Estêvão and Triana, the property market features a diverse range of offerings, including traditional stone houses, modern villas, and apartments. Typical prices for houses can vary significantly; for example, a two-bedroom traditional stone house might range from €150,000 to €250,000, reflecting the area's rustic charm. In contrast, newer three-bedroom villas tend to start around €250,000 and can go up to €400,000, especially if they feature contemporary amenities and larger plots of land. Apartments generally range from €100,000 for smaller one-bedroom units to €200,000 for more spacious three-bedroom options, frequently located in urban settings with better access to local amenities. Additionally, properties with more extensive land for agricultural use can be found starting from €250,000 and may rise significantly depending on size and location.

  • How do property prices in Alenquer vary by neighborhood?

    Property prices in Alenquer vary significantly by neighborhood, influenced by factors such as proximity to amenities and local attractions. In the more sought-after areas, such as the historic center of Alenquer, prices can reach around €2,500 per square meter, where charming cobbled streets and traditional architecture attract buyers. Conversely, neighborhoods like Santo Estêvão show a different trend, with prices averaging about €1,800 per square meter, appealing to families and those seeking a quieter lifestyle. In Triana, known for its more suburban vibe, properties can be found for approximately €1,600 per square meter, making it the most affordable option within the municipality. Furthermore, areas undergoing renovation and modernization, such as certain pockets within Alenquer, have seen rapid price increases, with some new developments surpassing €3,000 per square meter.

  • What is the typical price per square meter in Alenquer (Santo Estevão e Triana)?

    As of late 2023, the typical price per square meter in Alenquer, specifically in the neighborhoods of Santo Estevão and Triana, ranges from approximately €1,100 to €1,500. Prices can vary significantly based on the property's condition, exact location, and proximity to amenities. For instance, newer developments or properties near the town center or N6 road tend to be at the higher end of the spectrum, often exceeding €1,500 per square meter. Conversely, older homes or those situated farther from key services may fall closer to the €1,100 mark. In recent listings, a 100 square meter apartment in Santo Estevão has been priced at around €140,000, reflecting a price per square meter of €1,400, while a larger house in Triana, spanning 200 square meters, was listed for €280,000, yielding a square meter price of €1,400 as well.