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Experience the tranquility and charm of Castelo de Vide, a picturesque town nestled in the heart of the Alentejo region. Invest in a traditional white-washed house or a spacious villa and enjoy the slow-paced lifestyle and warm community spirit of this enchanting town. With its thermal springs, historic castle, and nearby natural parks, Castelo de Vide is a haven for relaxation and outdoor adventures.
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Color Meaning for Price and Price m²
The BuyProperty Color wheel compares prices from other properties in the same location with the same characteristics and represents prices using our color coding mechanism.
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Color Meaning for Rental Rate Yields
We compare properties in the same area with the same characteristics with properties on popular rental websites then combine average rate for the entire year. We multiply the average rental rate by the occupancy to find the estimated yield for each property.
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Yield for this property is 3-5%
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Holiday rental rates shows average throughout the year. Rate will be more during the summer and less during winter in general. Estimates are based on properties being refurbished as some properties in disrepair will not be able to get rates listed.
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This opportunity is ideal for those seeking to save or generate income while purchasing property in Portugal, whether it's for personal use or on behalf of others.
How do we calculate the distress level of each property?
A distressed property typically belongs to a bank or is set for a government auction. Buyproperty extends this definition by providing a distress and stress percentage for each property across Portugal. Properties in bank ownership or scheduled for government auction receive a distress rating of 100%. Moreover, Buyproperty evaluates the stress level of all other properties using 27 unique data points. These points consider factors such as the length of time the property has been on the market, the frequency of price reductions, the property type, and whether the local area is facing price declines, among others.
Perched on the northwest slope of the Serra de São Mameda mountain and nature park, just twenty kilometres (12.5 miles) north of Portalegre, lies the enchanting spa town of Castelo de Vide. This picturesque village seems to have been frozen in time, often described as the best-preserved medieval town in Portugal.
Living in this quaint village on the Spanish-Portuguese border offers the best of both worlds, as the Spanish towns of Cáceres and Badajoz are just a short drive away, allowing for easy exploration of the rich cultural heritage and vibrant atmosphere of both countries.
When it comes to property options in Castelo de Vide, houses are the most common, with many requiring some tender loving care to restore them to their former charm. For those seeking a more modern living arrangement, apartments and villas are also available. One of the most significant advantages of purchasing property in inland Alentejo is its affordability compared to other regions of Portugal, making it an excellent opportunity to secure a bargain-priced property in a stunning location.
With its well-preserved medieval architecture, friendly local community, and proximity to both Portuguese and Spanish attractions, Castelo de Vide is an idyllic choice for those seeking an authentic, slow-paced lifestyle in the heart of the Iberian Peninsula.
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