Portugal

Queluz E Belas

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Apartments and houses for sale in Queluz E Belas

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Queluz E Belas insights

AspectSummary
PopulationApproximately 35,000
Average Property Price€2,500/m²
Rental Yield4.5% - 6%
Average Rent€800/month
Occupancy Rate90%
Capital Growth Rate3% annually
Property Tax0.3% - 0.8% of property value
Transaction Costs7% - 10% (including notary and registration fees)
Expected ROI6% - 8% annually
Economic Growth ImpactPositive due to proximity to Lisbon and infrastructure investment

Queluz E Belas FAQ

  • What are the average property prices in Queluz e Belas?

    In Queluz e Belas, average property prices vary significantly based on location and property type. As of late 2023, you can expect prices for apartments to range from approximately €1,500 to €2,500 per square meter. For example, a two-bedroom apartment in Queluz might be priced around €200,000, while a similar property in Belas can go up to €250,000, reflecting the area's proximity to Lisbon and its amenities. Single-family homes tend to be higher, with average prices around €3,000 per square meter; a three-bedroom house often lists for €350,000 to €500,000. The market has seen increased demand due to its appealing suburban environment and access to public transportation, which has also contributed to upward pressure on prices.

  • Are there specific neighborhoods in Queluz e Belas where prices are higher?

    In Queluz e Belas, certain neighborhoods exhibit higher property prices due to various factors such as proximity to amenities, transportation links, and overall desirability. For instance, the area around the Queluz Palace attracts homebuyers seeking historical charm and lush gardens, which can drive up real estate prices. Similarly, neighborhoods closer to major roadways and public transport, like those near the Queluz train station, tend to see increased demand, further influencing price levels. Additionally, residential developments in Belas, particularly those with modern facilities and green spaces, often command a premium, reflecting the appeal of contemporary living combined with easy access to nature. The variances in property values are markedly defined by such locational advantages and amenities.

  • What amenities can affect real estate prices in Queluz e Belas?

    Real estate prices in Queluz e Belas can be significantly impacted by various amenities in the area. Proximity to quality public transport, such as the Sintra and Queluz train stations, enhances accessibility to Lisbon, making properties more desirable. The presence of good schools, like the Escola Secundária de Queluz, can attract families, raising demand and, consequently, prices. Additionally, parks and recreational facilities such as the Parque da Liberdade and nearby golf courses contribute to a neighborhood's appeal, promoting a healthier lifestyle and leisure activities. Shopping centers and local markets also play a role; for instance, the Centro Comercial Alegro, which offers diverse retail and dining options, can make surrounding properties more attractive to potential buyers. Overall, these amenities create a more vibrant community and add intrinsic value to real estate in Queluz e Belas.

  • What types of properties typically have the highest prices in Queluz e Belas?

    In Queluz e Belas, the most expensive properties typically include luxury villas and modern apartments situated in prime locations with scenic views or proximity to green spaces. Properties with extensive gardens, swimming pools, and high-quality finishes often command higher prices, especially those located in gated communities that offer additional security and amenities. For instance, villas in the historic parts of Queluz, near the famous Queluz National Palace, can be particularly sought after due to their architectural charm and cultural significance. Similarly, contemporary apartments in Belas that overlook the surrounding hills or are close to golf courses are also popular among buyers willing to invest more for a desirable lifestyle. Additionally, properties that offer sustainable features, such as solar panels and energy-efficient installations, are increasingly in demand, reflecting modern preferences and the rising importance of eco-friendliness in real estate.

  • Is it a good time to buy real estate in Queluz e Belas?

    The real estate market in Queluz e Belas has shown signs of growth, with increasing demand due to its proximity to Lisbon and favorable living conditions. Over the past few years, the area has attracted young families and professionals seeking more affordable housing options compared to the capital. Recent data indicates that property prices have risen, but they remain relatively competitive, especially in neighborhoods like Queluz which features traditional architecture and easy access to public transportation. Furthermore, the local amenities, such as parks, schools, and shopping areas, enhance the appeal for potential buyers. However, prospective investors should be aware of the potential for fluctuations in the market, influenced by broader economic conditions and regional developments, such as infrastructure projects. In conclusion, while there are positive indicators, the timing for purchasing real estate in Queluz e Belas should be carefully considered against personal and financial circumstances.

  • What factors influence real estate prices in Queluz e Belas?

    Real estate prices in Queluz e Belas are influenced by several interconnected factors. Proximity to Lisbon is a significant driver, as many buyers are drawn to the area for its relative affordability compared to the capital, while still retaining easy access to urban amenities. The availability of public transportation, such as train and metro lines, enhances the attractiveness of the region, leading to higher demand for residential properties. Additionally, the local infrastructure, including schools, healthcare facilities, and shopping centers, plays a crucial role in shaping buyer interest and setting price ranges. The surrounding natural environment, including parks and green spaces, also contributes to property desirability. Moreover, recent urban development projects have led to improved living conditions and an increase in property values, reflecting the area's ongoing evolution as a commuter-friendly suburb. Lastly, economic factors, such as interest rates and overall market trends, impact buyer purchasing power, further influencing the dynamics of real estate pricing in Queluz e Belas.

  • How have real estate prices in Queluz e Belas changed over the past year?

    Over the past year, real estate prices in Queluz e Belas have experienced a noticeable upward trend, driven by increasing demand for properties in the Lisbon metropolitan area. According to recent market data, residential prices have risen by approximately 10% on average, with some neighborhoods, particularly near public transport links and green spaces, seeing even steeper increases. For instance, properties in the Belas area, which offers a mix of modern apartments and traditional houses, have become particularly sought after, with prices reaching around €2,500 per square meter. In Queluz, homes closer to the historic center have also gained value, as buyers are drawn to the local amenities and accessibility to Lisbon. The competition among buyers has intensified, resulting in quicker sales and, in some cases, bidding wars, which further bolster property values.