Real Estate in Guimaraes, Portugal
Last updated on Oct 17, 2024
Summary: People living in Guimaraes, Portugal offer advice about real estate. How do you find a home in Guimaraes? Should you buy or rent? What is the cost of housing?
How do I find a place to live in Guimaraes?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"To find a place to live in Guimaraes, you can start by searching online on popular real estate websites such as OLX, Idealista, and Imovirtual. These websites have listings for apartments, houses, and rooms for rent or sale in Guimaraes. You can filter your search based on your preferences, such as location, price, size, and amenities. Another option is to visit local real estate agencies in Guimaraes, where you can speak with a professional agent who can help you find a suitable place to live based on your needs and budget. They can also provide valuable information about the local housing market and guide you through the process of renting or buying a property. You can also join local Facebook groups or online forums dedicated to housing and expats in Guimaraes, where you can ask for recommendations and advice from locals and other expats who have experience in finding a place to live in the city. Lastly, consider visiting Guimaraes and exploring the different neighborhoods to get a feel for the city and its housing options. This will help you determine which areas you prefer and where you would like to live. While exploring, keep an eye out for "For Rent" or "For Sale" signs on properties, as some landlords and property owners may not advertise their listings online," explained one expat living in Guimaraes, Portugal.
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What is a typical expat home or apartment like in Guimaraes?
"A typical expat home or apartment in Guimaraes, is likely to be located in a safe and well-connected neighborhood, close to local amenities such as shops, restaurants, and public transportation. The apartment itself may be a modern, fully furnished space with a well-equipped kitchen, comfortable living area, and one or more bedrooms. Some apartments may also have a balcony or terrace with views of the city or surrounding countryside. Additionally, expat homes in Guimaraes may have access to shared facilities such as a swimming pool, gym, or garden area. The rental prices for these homes can vary depending on the location, size, and amenities offered," explained one expat living in Guimaraes, Portugal.
What is the average cost of housing in Guimaraes?
If you are thinking about moving to Guimaraes, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Guimaraes can vary depending on the type and location of the property. Generally, the prices for apartments range from around €800 to €1,200 per square meter, while houses can cost between €1,000 and €1,500 per square meter. However, these prices can fluctuate based on factors such as proximity to the city center, amenities, and the overall condition of the property," remarked one member in Guimaraes.
Should I buy or rent a home in Guimaraes?
If you have not spent a lot of time in Guimaraes, 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 Guimaraes, depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Guimaraes for an extended period and have the financial means, buying a home can be a good investment, as it allows you to build equity and potentially benefit from the appreciation of property values over time. 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 Guimaraes allows you to explore different neighborhoods and types of properties without the commitment of homeownership. It also provides the opportunity to save money for a future home purchase or other investments. Furthermore, renting can be more cost-effective in the short term, as it typically requires less upfront capital and maintenance costs are generally the responsibility of the landlord. Ultimately, the decision to buy or rent a home in Guimaraes should be based on your individual needs, financial situation, and long-term goals. It is essential to carefully weigh the pros and cons of each option and consider seeking professional advice from a real estate agent or financial advisor to make the most informed decision," explained one person living in Guimaraes, Portugal.
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.
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