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Discover the charming and historic city of Chaves, a hidden gem nestled in the picturesque Trás-os-Montes region of northern Portugal, where ancient Roman heritage, thermal springs, and stunning natural beauty create the perfect backdrop for your dream property. With its warm, welcoming community and relaxed pace of life, Chaves offers a unique and enchanting setting for those seeking a more authentic and peaceful lifestyle.
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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.
Chaves is a hidden gem that beckons those seeking a peaceful and picturesque lifestyle. Straddling the majestic Tâmega River and surrounded by the lush green landscapes of the Trás-os-Montes region, Chaves is a haven for nature lovers and history enthusiasts alike.
The city’s location, just a short drive from the Spanish border, makes it an excellent base for exploring the neighbouring Galicia region. Chaves is also well-connected to major Portuguese cities, with Porto just a 90-minute drive away. Porto’s Airport offers international flights, particularly to other European destinations.
Chave’s rich history is evident in its well-preserved Roman bridge, the Trajano Bridge, which has stood the test of time for over 2,000 years. The nearby medieval castle, with its imposing granite walls, offers breathtaking views of the city and its surroundings. Chaves is also famous for its thermal springs, which have attracted visitors seeking relaxation and healing since Roman times.
The weekly market is a bustling affair, showcasing fresh regional produce, handcrafted goods, and the famous Chaves pastries, such as the delectable pastel de Chaves.
Nature enthusiasts will fall in love with the stunning trails and parks surrounding the city, perfect for hiking, cycling, and exploring the diverse flora and fauna. The nearby Barroso region is known for its rugged beauty, traditional villages, and the production of high-quality smoked meats and artisanal cheeses.
Chaves’ property market offers a range of options to suit various tastes and budgets. From charming townhouses with traditional architecture to modern apartments and sprawling countryside estates, you’ll find your ideal home in this tranquil city.
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