Last updated on September 23, 2024 | Est. Reading Time: 2 minutes
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Discover the breathtaking beauty and tranquility of the Azores, a stunning archipelago of nine volcanic islands nestled in the middle of the Atlantic Ocean. With its lush green landscapes, crystal-clear lakes, and picturesque villages, the Azores offer a truly unique and unforgettable experience for those seeking their dream property in a paradise that feels a world away from the stresses of modern life.
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.
The Azores, a stunning archipelago in the Atlantic Ocean, is a paradise for nature lovers and those seeking a unique and tranquil lifestyle.
São Miguel, the largest and most populous island, offers a wide range of properties, from modern apartments in the capital city of Ponta Delgada to charming rural homes surrounded by lush greenery.
Pico, known for its iconic volcanic mountain and excellent wine production, is a dream destination for those seeking a more rural and self-sufficient lifestyle.
Faial, with its vibrant marina and charming capital city of Horta, is a popular choice for sailors and ocean enthusiasts.
Terceira, home to the historic city of Angra do Heroísmo, a UNESCO World Heritage Site, is a perfect blend of rich history and modern amenities.
São Jorge, known for its rugged coastline and delicious cheese, is an ideal location for those seeking a more secluded and nature-oriented lifestyle.
Santa Maria, the sunniest island in the Azores, boasts beautiful sandy beaches and a warm, dry climate.
Graciosa, with its picturesque windmills and quaint villages, is a hidden gem offering affordable properties and a chance to escape the hustle and bustle of modern life.
Flores, known for its stunning waterfalls and lush vegetation, is a nature lover’s paradise with a selection of properties perfect for those seeking a more remote and eco-friendly lifestyle.
Corvo, the smallest and most isolated island in the Azores, is a unique and unspoiled destination perfect for those seeking a truly off-the-beaten-path experience and a chance to become part of a close-knit community.
Whether you’re looking for an affordable property that doesn’t break the bank or a luxury villa, there’s a property for everyone in the Azores.