Last updated on September 23, 2024 | Est. Reading Time: 2 minutes
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Discover the magic of Coimbra, a charming Portuguese city where history and luxury intertwine. Wake up in your own stunning property, surrounded by the beauty of the Mondego River and the University of Coimbra. From penthouse apartments to stunning villas with pools, Coimbra has properties for every need and desire.
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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.
While most luxury property shoppers head to destinations like Lisbon, the Algarve, or Comporta, Coimbra offers something else—authenticity.
The city is renowned for its ancient university, one of the oldest in Europe, which attracts students and academics from around the world. It’s also famous for its Fado music, which in Coimbra is traditionally sung by men, and is a soulful expression of Portuguese culture. You’ll find fado being performed in the many traditional cafes, restaurants, and fado houses scattered throughout the city.
While Coimbra isn’t directly on the coast, it is just a 40-minute train ride away from the beautiful beaches of the Silver Coast, perfect for a relaxing day in the sun. Additionally, Coimbra is conveniently located near other interesting towns and cities, such as Figueira da Foz, Aveiro, and Nazaré, each offering its own unique charm and attractions. For more distant getaways, Lisbon and Porto Airport are both less than a two-hour drive away.
If you’re looking for a luxury property, look no further than Coimbra. Not only will your money go further than in Lisbon or Porto, but you’ll have all of Portuguese culture on your doorstep.
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