Real Estate in Ponta Delgada, Portugal
Last updated on Apr 07, 2024
Summary: People living in Ponta Delgada, Portugal offer advice about real estate. How do you find a home in Ponta Delgada? Should you buy or rent? What is the cost of housing?
How do I find a place to live in Ponta Delgada?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"To find a place to live in Ponta Delgada, you can start by searching online on websites such as OLX.pt, Idealista.pt, and Imovirtual.com, which are popular platforms for finding rental properties in Portugal. You can filter your search based on your preferences, such as location, budget, and property type. Another option is to visit local real estate agencies in Ponta Delgada, where you can speak with a real estate agent who can help you find a suitable place to live. They will have knowledge of the local market and can show you properties that match your criteria. You can also join local Facebook groups or online forums dedicated to expats or people living in Ponta Delgada, where you can ask for recommendations and advice on finding a place to live. Members of these groups may have personal experiences or know of available properties that they can share with you. Lastly, consider visiting Ponta Delgada and exploring the neighborhoods in person. This will give you a better idea of the area and help you decide which neighborhood suits your needs and preferences. While you're there, keep an eye out for "For Rent" signs on properties, as some landlords may not advertise their rentals online," remarked one foreigner who made the move to Ponta Delgada.
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What is a typical expat home or apartment like in Ponta Delgada?
"A typical expat home or apartment in Ponta Delgada, is likely to be a modern and comfortable space with a blend of traditional Azorean architecture and contemporary design. These homes often feature spacious living areas, fully-equipped kitchens, and multiple bedrooms to accommodate families or groups of friends. Many apartments also come with balconies or terraces, offering stunning views of the city, the ocean, or the surrounding green landscapes. The homes are usually located in safe and convenient neighborhoods, within walking distance to local amenities such as shops, restaurants, and public transportation. Some expat homes may also include access to shared facilities like swimming pools, gyms, or gardens, providing a sense of community and additional leisure options," said one person in Ponta Delgada.
AnchorLess provides services to help you settle into your new life in Portugal. you are guaranteed to have access to a convenient, quick and reliable service, with a team always ready to answer all of your questions about your new adventure.
Click connect to have our partner contact you via e-mail and/or phone.
AnchorLess provides services to help you settle into your new life in Portugal. you are guaranteed to have access to a convenient, quick and reliable service, with a team always ready to answer all of your questions about your new adventure.
Click connect to have our partner contact you via e-mail and/or phone.
What is the average cost of housing in Ponta Delgada?
If you are thinking about moving to Ponta Delgada, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Ponta Delgada, can vary depending on the type and location of the property. Generally, the prices for apartments range from affordable to moderately expensive, while houses can be more costly. Renting a one-bedroom apartment in the city center may cost around €400-€500 per month, while a three-bedroom apartment can go up to €800-€1000 per month. Buying property in Ponta Delgada can also be relatively affordable, with the average price per square meter for an apartment in the city center being around €1500-€2000," explained one expat living in Ponta Delgada, Portugal.
Should I buy or rent a home in Ponta Delgada?
If you have not spent a lot of time in Ponta Delgada, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"The decision to buy or rent a home in Ponta Delgada, depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in the area for an extended period and have the financial means, buying a home could be a good investment, as it allows you to build equity and potentially benefit from the appreciation of property values. Additionally, owning a home provides stability and the freedom to make changes to the property as you see fit. On the other hand, if you are unsure about your long-term plans or prefer flexibility, renting may be a better option. Renting a home in Ponta Delgada allows you to explore different neighborhoods and types of properties without the commitment of homeownership. It also frees you from the responsibilities of property maintenance and repairs, which are typically handled by the landlord. Furthermore, renting may be more affordable in the short term, as it does not require a large down payment or closing costs. Ultimately, the choice between buying and renting a home in Ponta Delgada depends on your individual needs, preferences, and financial situation. It is essential to carefully consider your options and consult with a local real estate professional to make the best decision for your circumstances," remarked one member in Ponta Delgada.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.