Portugal

Carcavelos E Parede

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Carcavelos E Parede insights

AspectSummary
Population35,000
Average Property Price€3,750/m²
Rental Yield5.5%
Average Rent€1,200/month
Occupancy Rate90%
Capital Growth Rate4% annually
Property Tax0.3% of property value
Transaction Costs7% of property value
Expected ROI10% annually
Economic Growth ImpactPositive growth due to proximity to Lisbon

Carcavelos E Parede FAQ

  • What factors influence real estate prices in Carcavelos e Parede?

    Real estate prices in Carcavelos e Parede are influenced by a variety of factors, including location, amenities, and local infrastructure. Proximity to the coast and the beaches of Carcavelos often leads to higher property values, as the area is popular for its scenic views and waterfront activities. Additionally, accessibility plays a crucial role; the availability of public transport, such as the Cascais Line train service, enhances commuting options to Lisbon, thereby increasing demand for housing. Furthermore, the presence of schools, shopping centers, and recreational facilities contributes to the desirability of neighborhoods, particularly among families. Renovation and development projects in the area can also impact prices, as new housing developments or commercial spaces may attract more residents and investors. Historical factors, such as the architectural style of properties and the cultural heritage of the region, further influence market trends, with well-preserved or historically significant homes often commanding a premium.

  • How have real estate prices in Carcavelos e Parede changed over the past year?

    Over the past year, real estate prices in Carcavelos e Parede have experienced significant fluctuations, primarily influenced by the area's growing popularity among both local and international buyers. As of late 2023, average property prices have reportedly increased by about 10-15%, with some areas witnessing even sharper rises. For example, beachfront properties have seen price tags soar as high as €3,500 per square meter, driven by the region's appealing coastal lifestyle and proximity to Lisbon. In residential neighborhoods, two-bedroom apartments that were previously valued at around €250,000 are now selling for closer to €290,000, reflecting high demand and limited supply. Additionally, new developments in the area have further contributed to the increase, as modern amenities and sustainable building practices attract buyers looking for long-term investments.

  • What is the average price per square meter for properties in Carcavelos e Parede?

    The average price per square meter for properties in Carcavelos e Parede varies, reflecting the area's appeal and proximity to the coast. As of recent data, prices range from approximately €2,800 to €4,500 per square meter, depending on the specific location and type of property. For instance, more sought-after areas closer to the beach may command higher prices, reaching up to €5,000 per square meter, particularly for modern apartments with sea views. In contrast, properties further inland or in less central locations might be priced around €2,000 to €3,000 per square meter. The region's mix of residential options, including older villas, contemporary condo developments, and some commercial properties, contributes to this variability, influenced by local amenities and public transportation access.

  • Are there specific neighborhoods in Carcavelos e Parede with higher property prices?

    In Carcavelos e Parede, certain neighborhoods are indeed characterized by higher property prices, largely due to their location and amenities. The coastal area of Carcavelos, particularly close to Praia de Carcavelos, tends to attract premium prices owing to its beachfront views and accessibility, appealing to both families and investors. Similarly, the area around Parede near the train station sees elevated property values as residents appreciate the convenience of a quick commute to Lisbon. Another noteworthy spot is the upscale neighborhood of Quinta da Torre, which offers larger homes and green spaces, drawing affluent buyers. The proximity to international schools, such as St. Julian's School, further influences property prices, making neighborhoods in this region desirable for expats and locals alike. Overall, the combination of lifestyle options, scenic vistas, and transportation links actively shapes the real estate market in Carcavelos e Parede.

  • What types of properties are most common in Carcavelos e Parede?

    Carcavelos e Parede primarily features a mix of residential properties, including apartments and single-family homes, primarily catering to families and young professionals. The coastal area is characterized by modern developments, often with ocean views, while older neighborhoods showcase traditional Portuguese architecture, featuring tiled facades and spacious balconies. Many properties range from two to four-bedroom apartments in mid-rise buildings, reflecting a blend of contemporary design and historical charm. Single-family homes, often found in quieter streets, typically offer gardens and outdoor spaces, appealing to buyers seeking a suburban feel. Additionally, luxury villas and townhouses are common, particularly in proximity to the beach, boasting amenities like private pools and lush landscaping.

  • How do local amenities affect real estate prices in Carcavelos e Parede?

    Local amenities play a significant role in shaping real estate prices in Carcavelos e Parede. The proximity to beaches, such as Praia de Carcavelos, is a considerable draw for buyers seeking coastal living, often leading to higher property values in the immediate area. Additionally, the presence of reputable schools—like the American School of Lisbon and various international institutions—can elevate demand among families, pushing prices upward. Access to public transportation, particularly the Cascais Line train service, enhances connectivity to Lisbon and nearby towns, making properties near train stations more appealing and valuable. Furthermore, the availability of parks, restaurants, and shopping facilities, such as the Nova Oeiras Shopping Center, contribute to a neighborhood's desirability. As a result, properties located within a short distance from these local amenities tend to command higher prices compared to those in less developed or accessible areas.

  • What is the typical price range for homes in Carcavelos e Parede?

    The typical price range for homes in Carcavelos e Parede generally falls between €250,000 and €600,000, depending on various factors such as location, size, and condition. Smaller apartments, particularly those with one or two bedrooms, can often be found for around €250,000 to €400,000. In contrast, larger three-bedroom units or townhouses typically start closer to €400,000 and can go up to €600,000 or more, especially if they are located near the coastline or in well-regarded neighborhoods. Detached homes and villas, particularly those with ocean views or close proximity to beaches, may exceed this range, sometimes reaching upwards of €1 million. The increasing popularity of the area due to its proximity to Lisbon and good transport links has contributed to a steady appreciation of property values.