Written by Kittenproperties
01.06.2023
Buying property is a significant investment. It's not just about purchasing a building or piece of land; it's about making a life-changing decision. If you're contemplating investing in real estate in Guimarães, Portugal, you're in for a treat. This city, steeped in history and culture, offers a variety of charming districts, each with its own unique appeal. This article will delve into the best districts of Guimarães for property investment.
Centro, the heart of Guimarães, is one of the most coveted districts for property buyers. It's brimming with a rich historical atmosphere, boasting medieval structures, such as the iconic Guimarães Castle and the Ducal Palace.
This district offers a range of property types, from grand historical buildings converted into modern apartments to luxurious standalone homes. Owing to its central location and historical value, property prices here are on the higher end of the spectrum.
Urgezes is another district that offers considerable appeal for potential property buyers. It's a blend of city and suburban life, with several shopping centres, restaurants, and a thriving business scene, coupled with tranquil residential areas.
Mostly residential, Urgezes offers an array of modern apartment complexes and houses. It's also known for spacious villas and townhouses, appealing to families and individuals who appreciate a calm and spacious living environment.
São Sebastião is a dynamic district that captures a lively mix of old and new. Its historical centre is renowned for beautiful townhouses, while its newer sections are home to contemporary commercial and residential developments.
The district features a mix of property types, ranging from traditional Portuguese houses to contemporary apartment buildings. The varied housing styles and dynamic urban life make São Sebastião an enticing choice for real estate investment.
Creixomil offers a serene lifestyle, making it a top choice for those seeking a quiet, peaceful setting. The district is surrounded by greenery and has less traffic compared to other parts of Guimarães, making it an ideal choice for families.
In Creixomil, you'll find an array of detached houses and villas, often with spacious yards and beautiful views of the surrounding landscape. These properties offer privacy and a close connection to nature.
Oliveira do Castelo, known for its historical importance, attracts those looking for a culturally rich living experience. It's home to many ancient monuments and historical sites, adding to the district's charm.
Here, one can find beautiful townhouses and apartments, often in restored historical buildings, blending modern living with an old-world charm.
Azurém is primarily known as a university district, home to the University of Minho's Guimarães Campus. It is vibrant, filled with young energy, and has a variety of shops, cafes, and restaurants that cater to a younger demographic.
The real estate market here is characterized by modern apartments and shared housing options, making it an attractive choice for student accommodation investment.
Costa is another district that beautifully marries history and modernity. It's home to the São Francisco Convent and Church and is just a short walk from the city center.
Costa offers a range of properties from quaint, traditional houses to modern apartments. This balance between old and new makes it an intriguing choice for buyers who enjoy the charm of history but want modern amenities.
Mesão Frio, positioned south of Guimarães, offers tranquillity away from the city's hustle and bustle. It's a mostly residential district, offering a serene lifestyle.
This district is known for its standalone homes and villas, often with spacious gardens and beautiful views. It's an ideal location for those seeking a quiet home life with a connection to nature.
Candoso Santiago is a growing residential area. Despite its growth, it has retained its quiet charm and offers excellent value for money.
The district mainly consists of townhouses and apartments, perfect for families or those looking for a more communal residential experience.
Moreira de Cónegos is another quiet district, known for its community feel and slower pace of life. Despite its tranquility, it offers easy access to the city center.
This district features a mix of traditional Portuguese homes and new-build apartments, offering a range of options to suit different tastes and needs.
Guimarães, a city with a strong historical heritage and a diverse property market, offers various districts for real estate investment. Each district—be it Centro, Urgezes, São Sebastião, Creixomil, or Oliveira do Castelo—has its unique charm and specific benefits. It all boils down to personal preference, lifestyle needs, and of course, budget. Investing in Guimarães not only means acquiring a property, it means becoming a part of a rich tapestry of history and culture.When it comes to the property market in Guimarães, there's an upward trend. The demand for property, both for residential and investment purposes, has been steadily increasing over the years. According to statistics, the average price per square meter in Guimarães as of 2023 is approximately €1,400, with prices in Centro being the highest.Investing in property in Guimarães, with its rich historical heritage, strong sense of community, and diverse range of districts, is more than just a financial decision. It's about being part of a thriving community, experiencing a rich tapestry of history, and enjoying a high quality of life. Whether you choose Centro, Urgezes, São Sebastião, Creixomil, Oliveira do Castelo, Azurém, Costa, Mesão Frio, Candoso Santiago, or Moreira de Cónegos, each district offers unique living experiences and investment opportunities.
Centro, due to its central location and historical significance, generally has the most expensive properties.
Creixomil is an excellent choice for those looking for a tranquil, suburban atmosphere.
São Sebastião features a mix of traditional Portuguese houses and contemporary apartments.
Oliveira do Castelo perfectly blends modern living with historical charm, often offering apartments in restored historical buildings.
Urgezes is a residential district known for its modern apartments, spacious villines, and townhouses.
The average price per square meter in Guimarães as of 2023 is approximately €1,400.
Azurém, home to the University of Minho's Guimarães Campus, is an excellent choice for student accommodation investment.
Costa, with its range of traditional and modern properties, is a great choice for a balance of history and modern amenities.
Yes, the property market in Guimarães has seen an upward trend in recent years, indicating a steady increase in property prices.
Moreira de Cónegos offers a mix of traditional Portuguese homes and new-build apartments, catering to different tastes and needs.
Explore the top districts for buying property in Cordoba, Spain. Get insights on each district's unique features, real estate market, and lifestyle. Discover why Cordoba's diverse districts make it an ideal destination for property investment.
Explore the comprehensive guide to the cost of living in Paris, France. From everyday needs, rent, property buying, transportation to nuanced insights into neighborhoods and lifestyle, this detailed article covers everything you need to know about living in the City of Lights. Get answers to frequently asked questions and discover how to make the most of life in this iconic city.
Uncover the intricacies of cap rates in real estate investing with our comprehensive guide. Understand what constitutes a good cap rate, its calculation, interpretation, and the impact of various factors including property type, location, economic conditions, and market trends.
