Last updated on May 29, 2024 | Est. Reading Time: 2 minutes
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Perched atop a hill overlooking the Alqueva Lake, the medieval village of Monsaraz is a true gem of the Alentejo region. Invest in a stone house or a charming cottage and immerse yourself in the village’s rich history and breathtaking views. With its ancient castle, traditional pottery, and nearby wineries, Monsaraz offers a unique and enchanting lifestyle.
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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%
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.
Nestled in the eastern part of the Alentejo region of Portugal, Monsaraz is a captivating, fortified medieval village that sits atop a hill, offering breathtaking views of the surrounding countryside and the Guadiana Valley.
The village’s strategic location overlooks the Alqueva Lake, the largest man-made reservoir in Europe, creating a truly spectacular setting that enchants both residents and visitors alike.
Living in Monsaraz is an experience that combines the charm of a bygone era with the tranquility and natural beauty of rural Portugal. The village’s narrow, cobbled streets and ancient stone buildings transport you back in time, while the stunning vistas of the lake and the rolling hills provide a constant reminder of the region’s untouched splendour.
For those considering investing in property in Monsaraz, the village offers a range of options, with houses being the most common type of property available. Many of these properties are in need of renovation or some tender loving care, presenting a unique opportunity for investors or homebuyers to create their dream home while preserving the village’s authentic character.
By investing in a property in Monsaraz, you not only secure a piece of this enchanting village’s history but also gain the opportunity to create a truly personalised home in one of the most beautiful settings imaginable.