Portugal

Reguengo Grande

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Reguengo Grande insights

AspectSummary
PopulationApproximately 5,000 residents
Average Property Price€120,000
Rental Yield6-8% based on property type
Average Rent€600 per month
Occupancy Rate70-80% for long-term rentals
Capital Growth Rate3-5% per year
Property Tax0.3-0.8% of property value
Transaction Costs6-8% including taxes and fees
Expected ROI8-10% annually
Economic Growth ImpactModerate, driven by tourism and agriculture

Reguengo Grande FAQ

  • What factors influence real estate prices in Reguengo Grande?

    Several factors influence real estate prices in Reguengo Grande, notably its geographic location, local amenities, and economic conditions. The area's proximity to the Atlantic coast and Lisbon can significantly elevate demand, with potential buyers seeking both vacation homes and permanent residences. The quality and availability of local services, such as schools, healthcare facilities, and public transport, also play a crucial role; neighborhoods with better accessibility and amenities often see higher price points. Additionally, historical and cultural aspects, including traditional architecture and local festivals, can enhance desirability. Seasonal fluctuations, particularly during the summer months when tourism peaks, can lead to temporary spikes in real estate values as buyers flock to the region for its natural beauty and outdoor activities like hiking and surfing. Lastly, economic factors such as interest rates, employment levels, and overall market trends in Portugal can affect buyer confidence and purchasing power, directly impacting property prices in this small village.

  • How have real estate prices changed in Reguengo Grande over the last year?

    Over the last year, real estate prices in Reguengo Grande have seen a notable increase, influenced by the area's growing appeal as a quiet retreat while remaining accessible to Lisbon. Properties that were previously listed at around €120,000 have now reached prices of up to €150,000, reflecting a surge in demand amid broader trends in rural property investment. For instance, charming traditional houses with gardens that once fetched around €200,000 are now being sold for closer to €250,000, particularly those that have been renovated or boast better energy efficiency. The rising interest from both local buyers and foreign investors, drawn to Portugal's lifestyle and climate, has further spurred this upward trajectory, with some listings experiencing quick sales within weeks of hitting the market.

  • What is the average price per square meter for properties in Reguengo Grande?

    The average price per square meter for properties in Reguengo Grande typically ranges from €900 to €1,200, depending on the specific location and property type. For example, a two-bedroom house may be priced around €120,000, which translates to roughly €1,000 per square meter for a property of about 120 square meters. In contrast, smaller apartments or studios can be found at more affordable rates, with some listings around €80,000, averaging about €800 per square meter. Properties closer to amenities and main roads tend to command higher prices within this range, while those in quieter, more rural areas may be on the lower end. Overall, market fluctuations and local demand can significantly impact these averages, making it essential for buyers to assess current listings closely.

  • Are real estate prices in Reguengo Grande higher or lower than nearby areas?

    Real estate prices in Reguengo Grande tend to be lower compared to nearby areas like Caldas da Rainha and Óbidos. While Caldas da Rainha, known for its thermal springs and art scene, offers homes averaging around €1,800 per square meter, Reguengo Grande's prices are significantly more affordable, often hovering around €1,200 per square meter. In addition, the picturesque village of Óbidos, with its historic charm, sees even higher prices, typically reaching €2,200 per square meter. This price disparity can be attributed to Reguengo Grande's more rural setting and fewer amenities compared to its bustling neighbors, making it a more budget-friendly option for potential buyers looking for a quieter lifestyle. Local factors, such as proximity to Lisbon or major transport routes, further influence the variations in pricing between these regions.

  • What are the most common types of properties available in Reguengo Grande and their price ranges?

    In Reguengo Grande, the most common types of properties include traditional villas, rustic houses, and modern apartments. The price ranges for these properties can vary significantly depending on their condition, size, and proximity to local amenities. For instance, a typical two or three-bedroom villa might range from €150,000 to €300,000, particularly if it boasts features like a garden or a pool. Rustic houses, often sought after for their charm and character, can be found between €100,000 and €250,000, depending on renovations needed and location. Moreover, modern apartments generally fall within the €100,000 to €200,000 range, suitable for those looking for convenience and contemporary living. Prices can fluctuate based on the surrounding landscape, with properties offering scenic views commanding a premium.

  • How do seasonal trends affect real estate prices in Reguengo Grande?

    Seasonal trends have a notable impact on real estate prices in Reguengo Grande, largely driven by the area's appeal during different times of the year. For instance, the summer months typically see an influx of tourists and potential property buyers drawn to the region's natural beauty and mild climate. This increased demand can lead to higher prices, especially for vacation homes or properties near recreational areas. Conversely, during the winter months, interest tends to wane; the market may experience a decrease in activity, leading to lower prices as sellers become more eager to offload properties. Additionally, certain local events or festivals can create temporary spikes in demand, which influences pricing. For example, if a popular cultural event occurs, it may attract visitors looking for short-term rentals, thereby driving up prices in the weeks leading up to it. The availability of properties also fluctuates seasonally, with a tendency for more listings in spring and early summer, further complicating price dynamics. Overall, these seasonal trends underscore the importance of timing in the Reguengo Grande real estate market.

  • What amenities or features can impact property prices in Reguengo Grande?

    In Reguengo Grande, several amenities and features can significantly influence property prices. Proximity to essential services like grocery stores, healthcare facilities, and schools often boost property values, as families prioritize convenience in daily life. Additionally, the availability of public transportation links, such as bus stops or train stations, enhances accessibility, making properties in those areas more desirable. Aesthetic factors like scenic views, particularly those overlooking the surrounding hills or the river, can also increase demand. Properties with modern upgrades—like energy-efficient appliances, updated kitchens, or spacious outdoor areas—tend to attract higher offers. Furthermore, local recreational facilities, such as parks, sports complexes, or walking trails, contribute to the overall appeal, impacting market prices as buyers seek a lifestyle that includes leisure opportunities.