Real Estate in Aveiro, Portugal
Last updated on Oct 01, 2024
Summary: People living in Aveiro, Portugal offer advice about real estate. How do you find a home in Aveiro? Should you buy or rent? What is the cost of housing?
How do I find a place to live in Aveiro?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"To find a place to live in Aveiro, you can start by researching online on popular real estate websites such as Idealista, OLX, and Imovirtual, where you can filter your search based on your preferences like location, budget, and type of property. You can also join local Facebook groups dedicated to housing and rentals in Aveiro, where people often post available apartments or rooms for rent. Another option is to visit local real estate agencies in Aveiro, where agents can help you find a suitable place based on your requirements. They can also provide valuable information about the local housing market and assist you with the rental process. If you are a student, you can contact the University of Aveiro's accommodation office, which can help you find housing options like university residences, shared apartments, or private rooms. Lastly, consider asking friends, colleagues, or acquaintances who live in Aveiro for recommendations or referrals, as they might know of available properties or have contacts in the area," said one expat who made the move to Aveiro.
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What is a typical expat home or apartment like in Aveiro?
"A typical expat home or apartment in Aveiro, is likely to be a modern and comfortable space, often located in a residential neighborhood or near the city center. These homes usually feature a mix of traditional Portuguese architecture and contemporary design elements. They are often spacious, with multiple bedrooms, a fully-equipped kitchen, and a living area. Many expat homes also come with a balcony or terrace, offering views of the city or the nearby Ria de Aveiro lagoon. Some apartments may be part of a larger complex, providing access to shared amenities such as a swimming pool, gym, or garden. Additionally, expat homes in Aveiro are typically well-connected to public transportation, making it easy to explore the city and its surroundings," remarked one foreigner who made the move to Aveiro.
What is the average cost of housing in Aveiro?
If you are thinking about moving to Aveiro, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Aveiro, can vary depending on the type of property and its location. Generally, the prices for renting an apartment in the city center range from €400 to €800 per month, while buying an apartment can cost around €1,500 to €2,500 per square meter. In more suburban areas, rental prices can be lower, starting from €300 per month, and purchasing an apartment may cost between €1,000 and €2,000 per square meter. Keep in mind that these are approximate figures and can change over time due to market fluctuations," explained one expat living in Aveiro, Portugal.
Should I buy or rent a home in Aveiro?
If you have not spent a lot of time in Aveiro, 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 Aveiro, depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Aveiro for an extended period and have a stable income, buying a home could 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 a sense of 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 might be a better option. Renting a home in Aveiro 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 down payment on a future home purchase or invest in other financial opportunities. Renting can also be more convenient, as you are not responsible for property maintenance and repairs. In conclusion, the decision to buy or rent a home in Aveiro, Portugal, should be based on your individual needs, financial situation, and long-term goals. Consider factors such as the length of your stay, your financial stability, and your desire for flexibility when making your decision," said one expat in Aveiro.
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.