Portugal

Atouguia Da Baleia

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Real estate insights for Atouguia Da Baleia

AspectSummary
PopulationApproximately 3,000 residents
Average Property Price€150,000
Rental Yield5% - 7%
Average Rent€750/month
Occupancy Rate70% - 80%
Capital Growth Rate3% annually
Property Tax0.3% - 0.8% of property value
Transaction Costs7% - 10% of purchase price
Expected ROI8% - 10% annually
Economic Growth ImpactStable due to tourism and local commerce

Atouguia Da Baleia FAQ

  • What factors influence real estate prices in Atouguia Da Baleia?

    Real estate prices in Atouguia Da Baleia are influenced by several key factors. Firstly, the proximity to the Atlantic Ocean and the stunning beaches nearby contribute significantly to property values. Areas closer to popular beaches such as Praia da Areia Branca are often more expensive due to demand from both local residents and tourists. Additionally, the overall economic conditions in Portugal, including interest rates and the availability of credit, affect buyer purchasing power and influence prices. The charm and authenticity of the village, along with its amenities—such as local markets, schools, and healthcare facilities—also play a crucial role. Seasonal demand, particularly in the summer months when tourists flock to the region, can lead to higher rental prices and influence long-term property values. Lastly, developments in infrastructure, such as improved transport links or new commercial projects, can uplift real estate pricing by enhancing accessibility and desirability.

  • How do property prices in Atouguia Da Baleia compare to nearby towns?

    Property prices in Atouguia Da Baleia are generally more affordable compared to neighboring towns like Peniche and Ericeira. In Atouguia Da Baleia, the average price per square meter for residential properties tends to range between €1,200 to €1,500, making it an attractive option for buyers seeking value. In contrast, Peniche, known for its coastal charm and vibrant surf culture, sees prices soar to around €2,000 per square meter, particularly near popular beaches. Ericeira, recognized as a surf haven and a UNESCO World Surfing Reserve, commands even higher prices, often exceeding €2,500 per square meter due to its popularity and amenities. Furthermore, while Atouguia Da Baleia offers a quieter lifestyle with easy access to nature, nearby towns are generally more sought after for their urban conveniences and tourist attractions.

  • What is the average price per square meter for homes in Atouguia Da Baleia?

    The average price per square meter for homes in Atouguia da Baleia typically ranges between €1,200 and €1,800, depending on various factors such as location, property type, and condition. For instance, properties closer to the coast may fetch higher prices, with some luxury villas in sought-after areas reaching up to €2,500 per square meter. In contrast, more inland homes can be found at the lower end of the spectrum, often priced around €1,000 to €1,200 per square meter. Additionally, recent trends indicate that newer developments or recently renovated properties tend to appreciate in value more quickly than older, traditional homes, reflecting a growing interest in the area's real estate market.

  • Are real estate prices in Atouguia Da Baleia increasing or decreasing?

    Real estate prices in Atouguia da Baleia have shown a notable trend recently, with a general increase attributed to its appealing coastal location and the growing interest in northern Portuguese properties. For instance, average prices for homes in the area have recorded an increment of approximately 5-10% over the last year. Properties closer to the beach, such as quaint villas and newer developments, are particularly sought after, often reaching prices around €200,000 to €400,000, depending on size and proximity to local amenities. The influx of remote workers seeking quieter settings outside urban centers has also contributed to the rising demand. Conversely, some segments of the market, particularly older homes requiring significant renovations, have seen less robust appreciation, leading to a more varied market landscape. Factors such as local infrastructure projects and tourism developments may further influence these dynamics in the future.

  • What is the typical price range for a family home in Atouguia Da Baleia?

    In Atouguia Da Baleia, the typical price range for a family home can vary significantly based on factors such as location, size, and condition. Generally, prices for a three-bedroom house start around €150,000 and can go up to €300,000 for more modern or well-located properties. For instance, older homes or those situated slightly away from the coastline may be available for closer to €120,000, while newly built homes or those with ocean views can push the price above €400,000. Additionally, larger villas or properties with extensive gardens often command higher prices, reflecting the demand for more spacious living. This variability illustrates the diverse options available for potential homeowners in the area.

  • How does the seasonality of tourism affect property prices in Atouguia Da Baleia?

    The seasonality of tourism plays a significant role in influencing property prices in Atouguia Da Baleia, a quaint coastal town in Portugal known for its proximity to stunning beaches and surf spots like Praia do Norte. During the peak summer months, typically from June to September, the influx of tourists drives demand for short-term rentals, leading to increased competition among property owners who capitalize on higher rental rates. For instance, a spacious beachfront villa that might rent for €1,500 per week in July could see the price drop to €800 during the off-peak months of November to March. This seasonal fluctuation can result in property owners adjusting their selling prices based on anticipated rental income, which makes prime location properties rise in value during tourism peaks. Additionally, investors looking to buy properties for renovation or resale often enter the market as prices dip in the off-season, hoping to benefit from the increased demand and higher property values when tourists return. The variation in rental prices also impacts the local economy, affecting businesses dependent on tourist spending, which in turn influences property demand and prices.

  • Are there any specific neighborhoods in Atouguia Da Baleia with higher property prices?

    In Atouguia da Baleia, property prices can vary significantly between neighborhoods, influenced by proximity to the coast, amenities, and local demand. The area closer to Praia de Peniche and the scenic coastline typically sees higher property values due to the appeal of ocean views and access to recreational activities. Neighborhoods such as the residential areas near Rua do Norte and Rua da Liberdade often have premium pricing, partly due to their accessibility to local shops and dining options. Additionally, regions with newer developments or those that have undergone renovations may fetch higher prices, reflecting the increasing interest in coastal living. Conversely, properties further inland may be more affordable, but they lack the premium associated with beachfront locations.