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Discover the enchanting charm of Évora, a UNESCO World Heritage Site nestled in the heart of Portugal’s Alentejo region. With its rich history, stunning architecture, and picturesque surroundings, Évora offers a unique opportunity to immerse yourself in authentic Portuguese culture while investing in your dream property.
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Color Wheel Information
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.
Property is 20% less than average price
Property is 20% above or below average
Property is 20% more than average price
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.
Yield for this property is over 5%
Yield for this property is 3-5%
Yield for this property is below 3%
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.
Situated in Portugal’s rural Alentejo region, Évora beckons those seeking a more authentic Portuguese experience. As you approach the city, you’ll be greeted by a countryside dotted with olive groves, wide-open plains, and charming traditional stone villages, setting the stage for the rich history and culture that awaits within Évora’s ancient walls. With a fascinating history that dates back to the Roman era, Évora is ideal for those seeking history and culture.
As the largest city in the Alentejo region, Évora offers all the benefits of small-city living without sacrificing amenities or convenience. From cozy cafes and top-notch restaurants to essential administrative services and hospitals, you’ll find everything you need to enjoy a comfortable and fulfilling lifestyle. Despite its size, Évora maintains a charming, small-town atmosphere that will make you feel right at home.
When it comes to property in Évora, houses are the primary option, although there are some apartments available as well. One of the most appealing aspects of buying property in this region is that your money tends to go further than it would in coastal areas of Portugal. This means you can find more spacious homes, often with ample land, giving you the opportunity to create your own slice of paradise. Additionally, there are plenty of opportunities to purchase properties in need of renovation, allowing you to put your personal stamp on your new home and tailor it to your specific tastes and needs.
For those seeking a more authentic Portuguese lifestyle, away from the hustle and bustle of larger cities and tourist hotspots, Évora offers a unique and enriching living experience that is hard to find elsewhere.
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