Portugal

Sao Felix Da Marinha

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Real estate insights for Sao Felix Da Marinha

AspectSummary
Population10,000 (approximate)
Average Property Price€150,000
Rental Yield6%
Average Rent€750/month
Occupancy Rate85%
Capital Growth Rate3% per annum
Property Tax0.3% of property value
Transaction Costs7% (including transfer tax and notary fees)
Expected ROI10% per annum
Economic Growth ImpactModerate, with potential for tourism growth

Sao Felix Da Marinha FAQ

  • What factors influence real estate prices in Sao Felix Da Marinha?

    Real estate prices in São Félix da Marinha are influenced by several key factors. Proximity to the Atlantic coast and the stunning views of the shoreline significantly enhance property values, attracting both local and foreign buyers seeking vacation homes or investment opportunities. The area benefits from a mix of residential and commercial development, with amenities such as restaurants, shops, and schools impacting the desirability of neighborhoods. Transportation accessibility is another important factor; the availability of public transport links to nearby Porto and other urban centers increases the appeal for commuters. Additionally, local economic conditions, including employment rates and income levels, directly affect purchasing power and demand for housing. Seasonal tourism can also create fluctuations in the market, resulting in price spikes during peak periods when short-term rental opportunities are sought after. Historical charm and cultural significance of the area, with its traditional architecture and community events, further contribute to its real estate allure.

  • How do property prices in Sao Felix Da Marinha compare to other areas in Portugal?

    Property prices in São Félix da Marinha tend to be more affordable compared to other coastal areas in Portugal, particularly the more prominent cities like Lisbon and Porto. For instance, while average property prices in Lisbon have soared to around €3,200 per square meter in some neighborhoods, São Félix da Marinha usually sees prices ranging between €1,500 and €2,500 per square meter, depending on the proximity to the beach and local amenities. This locality offers a mix of villas and apartments, often attracting families and retirees looking for a quieter lifestyle. Additionally, while cities like Cascais and the Algarve can demand high premiums due to their tourist appeal, São Félix maintains a balance with lower competition, making it appealing for those seeking coastal living without exorbitant costs. Recent trends indicate that the area has experienced steady growth in property values, though not as rapidly as in more urbanized locations.

  • What are the average property prices in Sao Felix Da Marinha?

    In São Félix da Marinha, average property prices tend to vary depending on the specific area and type of property. As of late 2023, the price per square meter for apartments generally ranges between €1,500 and €2,500, with oceanfront properties typically commanding higher prices. For instance, a two-bedroom apartment near the beach can cost around €200,000 to €300,000, while larger villas may range from €400,000 to €700,000, especially if they feature sea views or private gardens. The demand for properties in this coastal enclave has been driven by both local buyers and foreign investors, contributing to a gradual increase in prices. Additionally, properties closer to amenities such as shops and schools tend to attract higher prices compared to those situated further inland.

  • Are real estate prices in Sao Felix Da Marinha increasing or decreasing?

    Real estate prices in São Félix da Marinha, a coastal town in Portugal, have shown signs of both increases and fluctuations in recent years. Data from various local real estate agencies indicate that, as of late 2023, the average price per square meter has risen, driven largely by demand from buyers seeking vacation homes and retirees attracted to the area's pleasant climate and proximity to the beach. For instance, properties near the waterfront have seen significant appreciation, with prices ranging from €2,500 to €3,500 per square meter, depending on the condition and amenities of the homes. Conversely, certain areas further inland have experienced more stability or modest declines in prices, as they are less appealing for investment compared to seaside locations. Additionally, the overall economic conditions, coupled with interest rates and government policies on property purchase, also play a crucial role in shaping the real estate landscape in São Félix da Marinha.

  • What types of properties are most commonly found in Sao Felix Da Marinha?

    Sao Felix Da Marinha, located along the scenic coast of Portugal, primarily features a mix of residential properties that cater to both locals and those seeking vacation homes. Predominantly, you'll find modern apartments that often boast stunning ocean views, especially closer to the seafront. Many of these units come with amenities like pools and outdoor spaces, appealing to families and retirees alike. Additionally, standalone villas and townhouses are common in the area, characterized by their spacious layouts and proximity to the beach. Traditional Portuguese architecture can also be observed in some of the older homes, which often retain their rustic charm while being updated for modern living. The area is further enhanced by the presence of small commercial properties, including cafes and shops that serve the local community and tourists.

  • How does the proximity to the beach affect real estate prices in Sao Felix Da Marinha?

    The proximity to the beach in São Félix da Marinha significantly influences real estate prices, primarily driving up demand for properties located near the coastline. Typically, homes within a 500-meter radius of the beach command higher prices, often ranging from 20% to 30% more than similar properties located further inland. For example, a seaside villa with ocean views can be valued at upwards of €500,000, while a comparable home just a kilometer away may sell for around €400,000. Additionally, the local amenities, such as beachfront restaurants and recreational facilities, further enhance this appeal. As a result, properties marketed as “beachfront” attract both holidaymakers looking for summer homes and investors seeking rental opportunities, contributing to a consistently competitive real estate market. Seasons also play a role, as summer months can see a sharp increase in inquiries and sales, reflecting the area's popularity as a tourist destination.

  • What are the typical price ranges for apartments and houses in Sao Felix Da Marinha?

    In São Félix da Marinha, prices for apartments typically range from around €100,000 to €250,000, depending on size and proximity to the beach. For instance, a two-bedroom apartment with sea views may be listed for approximately €180,000, while a more modern unit in a prime location could fetch closer to €220,000. On the other hand, single-family homes in the area often start around €250,000 and can go up to €500,000 or more, particularly for those with larger plots or additional amenities. A three-bedroom house situated near the coast might be priced at about €300,000, while a more spacious property with a garden could reach upwards of €400,000. The local market reflects a mix of older properties and newer developments, contributing to the varying price points within this coastal community.