Discovering the opportunities of Investing in Viseu real estate market;
According to the National Statistic Institute, the prices in the region of Beira and Serra da Estrela went up by 23.7% (National Statistics Institute in Portugal, INE).
In second position was the Alentejo Litoral (22.1%) and the Algarve (22.0%) in Third position. Investing in Viseu Portugal Real Estate is a very hot topic right now.
This statistic can explain why Viseu is one of the most attractive yet underrated and neglected destinations for investment in real estate in Portugal. But where exactly is Viseu, and how did it become such a hot location for property investment? In this blog post, we’re going to take a closer look at Viseu’s history, culture, and real estate market, and give you all the reasons why this city should be on your radar.
Located in the heart of the Beiras region (23.7% price increase in 2022) , Viseu is a city of traditions and contrasts, where medieval architecture coexists with modern infrastructure, and where locals’ warm hospitality is always on display. Founded in the Roman era, Viseu played an important role in Portugal’s history, especially during the Middle Ages, when it was a favorite residence of Portuguese kings and nobles. Today, Viseu’s rich cultural heritage can be seen in its monuments, museums, and festivals, which attract visitors from all over the world.
Viseu Portugal Real Estate market has been showing steady growth over the past few years, thanks to its strategic location, mild climate, and quality of life. The city’s historic center is one of its main assets, with its narrow streets, small squares, and charming houses that have been restored to their former glory. Apartments and townhouses in Viseu’s old town are highly sought after by investors looking for a mix of authenticity and comfort. Outside the center, Viseu has many residential areas, which offer a great variety of options, from modern apartments and villas to traditional farmhouses and quintas. The good news is that Viseu’s prices are still more affordable than other prime locations in Portugal, such as Lisbon or Porto, which means that there is still room for appreciation.
Viseu’s quality of life is another asset that stands out. The city has a low crime rate, excellent healthcare facilities, and a good education system. Moreover, the city is surrounded by natural beauty, including the Serra da Estrela mountain range, the Caramulo hills, and the Dão wine region, where you can taste some of Portugal’s finest wines and gastronomy. The region
Viseu is also renowned for its cultural events, such as the International Jazz Festival, the Wine Fair, the Medieval Fair, and the Festas da Cidade, which celebrate the city’s patron saint.
The price of property outside Viseu is extremely affordable. A large farm house ready to be renovated with 26 hectares of Land is for sale for 140K euros. Viseu is the place to find mansion for sale in portugal. One renovated mansion 20 km from Viseu is currently for sale for less than 300 K euros. Another mansion 10 KM of Viseu is on the market for 49K euros. It needs to be renovated by the property is stunning.
Feel free to contact us to find out more about real estate in Viseu.
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