Property prices in Gulpilhares, a suburb near the city of Vila Nova de Gaia, tend to be higher than in some adjacent areas, driven by its coastal location and proximity to the Douro River. For instance, the average cost per square meter in Gulpilhares can be significantly elevated compared to areas like Canelas or Oliveira do Douro, which are just a short drive away but lack the scenic waterfront views. Recent listings show that waterfront properties or those with sea views in Gulpilhares are priced much higher, often exceeding €2,500 per square meter, while inland areas might see figures closer to €1,800 per square meter. Factors such as local amenities, schools, and transport links also contribute to these pricing trends, with Gulpilhares offering a desirable quality of life that attracts both locals and buyers from outside the region.