Last updated on May 29, 2024 | Est. Reading Time: 2 minutes
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Embrace the tranquility of rural life in Grândola, a charming town nestled in the heart of Alentejo, Portugal. Surrounded by breathtaking landscapes and boasting a rich cultural heritage, Grândola is an idyllic location for those looking to escape the hustle and bustle of city life. Explore the local real estate market, where you’ll find a variety of properties for sale, from traditional farmhouses to modern villas. Whether you’re seeking a peaceful retreat or a new place to call home, Grândola has it all.
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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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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.
Grândola, a typical small Alentejan town in the Setúbal district, captures the essence of the region with its hardworking yet leisurely lifestyle amidst plains of crops and vast gatherings of cork trees.
However, Grândola’s claim to fame lies in its role in the 1974 revolution against the longstanding fascist dictatorship. The folk ballad “Grândola, vila morena,” written by Zéca Afonso in the 1960s, pays tribute to the camaraderie and socialist conscience of the hardworking peasants in the Portuguese agrarian heartland of Alentejo. This song became an anthem for the revolution and forever etched Grândola into Portugal’s history.
Living in Grândola offers a unique opportunity to experience authentic Portugal, away from the more touristy areas. While situated inland, the town is less than a 30-minute drive from beautiful beaches like Praia da Galé – Fontainhas, allowing residents to enjoy the best of both rural and coastal living.
The property market in Grândola is diverse, with a mixture of options available for those looking to invest or relocate. The majority of properties are houses, ranging from affordable rural retreats perfect for those seeking a peaceful escape to luxurious dream villas near the coast for those desiring a more upscale lifestyle.
With its authentic charm, proximity to the coast, and range of property options, Grândola is an attractive choice for those seeking a genuine Portuguese experience in the heart of the Alentejo.