Last updated on September 23, 2024 | Est. Reading Time: 2 minutes
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Coimbra: where affordability meets opportunity. In this charming Portuguese city, you can find a wide range of budget-friendly properties that don’t compromise on quality. Whether you’re a first-time buyer or an investor looking for a great deal, Coimbra has plenty to offer.
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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.
If you’re looking for an affordable property in a Portuguese city, Coimbra should be high on your list. This charming city offers a wide range of budget-friendly options, from cozy apartments in need of some TLC to spacious homes waiting for your personal touch. Whether you’re a first-time buyer, someone on a tight budget, or simply searching for a second home, Coimbra has something to suit your needs and preferences.
One of the best things about buying an affordable property in Coimbra is the variety of options available. In the city centre, you’ll find a selection of apartments that are perfect for those who want to be in the heart of the action. Many of these properties are in need of some renovation, which means you can put your own stamp on your new home and create a space that truly reflects your style and personality.
If you’re willing to venture a little further out, you’ll discover an even greater range of affordable houses in the towns and villages surrounding Coimbra. Here, you can find spacious homes with plenty of potential, often at a fraction of the price you’d pay in larger cities like Lisbon or Porto. These properties are ideal for families, retirees, or anyone looking for a peaceful retreat away from the hustle and bustle of city life.
No matter where you choose to buy in Coimbra, you’ll be investing in a city with a rich history and culture. With its affordable real estate market and excellent quality of life, Coimbra is the perfect place to start your Portuguese property journey. Start exploring the many affordable options available in this enchanting city today, and take the first step towards owning your very own piece of paradise in Portugal.
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