Last updated on April 24, 2024 | Est. Reading Time: 2 minutes
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Discover the hidden gem of Alcoutim, a charming village nestled along the Guadiana River in the eastern Algarve, where owning a property offers a tranquil escape from the hustle and bustle of modern life. Imagine waking up to stunning views of the river and the surrounding countryside, exploring the cobblestone streets, and immersing yourself in the region’s rich history. With its affordable real estate options and laid-back lifestyle, Alcoutim is an ideal location for those seeking a peaceful retreat or a unique investment opportunity in the heart of Portugal.
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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.
With a population of just 3,000, the charming river town of Alcoutim offers the perfect blend of history, nature, and serenity.
One of the most captivating aspects of Alcoutim is its ability to preserve the traditional Algarvian lifestyle. The town has a quiet and friendly atmosphere that instantly makes visitors feel at home. As you wander through the narrow streets lined with small, white houses, you’ll feel as though you’ve stepped back in time. The architecture has remained largely unchanged for over a century, creating a unique and enchanting ambiance that is hard to find elsewhere.
While Alcoutim is located inland, the stunning beaches of the Algarve are still within easy reach. The popular Monte Gordo beach, with its golden sands and crystal-clear waters, is just a 40-minute drive away, allowing you to enjoy the best of both worlds – the tranquility of the countryside and the vibrancy of the coast.
For those looking to buy property in Alcoutim, there are typically a number of apartments and houses available, although houses tend to outnumber apartments. The town’s inland location means that prices are generally more affordable compared to coastal areas, making it an attractive option for those seeking a peaceful retreat or a property in need of a little TLC.
Whether you’re a nature lover, a history buff, or simply looking for that perfect place to call home, Alcoutim has something to offer everyone. The town’s stunning natural surroundings provide endless opportunities for hiking, birdwatching, and exploring the great outdoors, while its wide variety of rural properties for sale are perfect for those in search of a new life in the rural Algarve.