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Discover your dream home in Carvoeiro, a charming former fishing village nestled along Portugal’s stunning Algarve coast. Whether you’re seeking a cozy apartment, a spacious villa, or a prime investment opportunity, this seaside town has something for everyone.
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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.
Carvoeiro is a picturesque former fishing village that has evolved into a sought-after destination for both holidaymakers and property buyers alike. Flanked by the iconic sandstone sea cliffs that define this part of the Algarve’s coastline, Carvoeiro’s horseshoe-shaped bay is widely regarded as one of the region’s most beautiful beaches, boasting golden sands and crystal-clear waters, all backed by charming whitewashed Algarvian houses.
As a resort town, Carvoeiro attracts its fair share of visitors during the summer months, but it maintains a more laid-back and family-friendly atmosphere compared to bustling hotspots like Albufeira. The town’s quaint streets are lined with inviting bars and restaurants, offering a taste of the local cuisine and a chance to soak up the warm Portuguese hospitality. Despite its popularity among tourists, Carvoeiro has managed to retain its authentic fishing village charm, avoiding the overdevelopment that has transformed other coastal towns in the region.
For those looking to invest in property, Carvoeiro offers a diverse range of options to suit various tastes and budgets. From cozy one-bedroom apartments in need of a little TLC to modern villas complete with private swimming pools, there’s something for everyone in this delightful town. Whether you’re seeking a permanent residence, a holiday home, or an investment opportunity, Carvoeiro’s real estate market has plenty to offer.
One of the major advantages of living in Carvoeiro is its proximity to the larger towns of Lagoa and Portimão. These neighbouring communities provide easy access to essential amenities such as supermarkets, hospitals, and government departments, ensuring that residents have everything they need within easy reach. However, the beauty of Carvoeiro lies in its ability to make you feel like you’re a world away from the hustle and bustle of everyday life, creating the impression that you’re on a perpetual vacation in your own slice of paradise.
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