Real Estate in Braga, Portugal
Last updated on Jun 15, 2024
Summary: People living in Braga, Portugal offer advice about real estate. How do you find a home in Braga? Should you buy or rent? What is the cost of housing?
How do I find a place to live in Braga?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"Finding a place to live in Braga involves several steps. First, you need to determine your budget and the type of accommodation you're looking for. This could range from a small apartment to a larger family home. Next, you should research the different neighborhoods in Braga to find one that suits your lifestyle and preferences. Some popular areas include the historic city center, São Vicente, and São Vítor. Once you have a clear idea of what you're looking for, you can start your search. There are several online platforms that list properties for rent or sale in Braga, such as Idealista, OLX, and Imovirtual. These websites allow you to filter your search based on location, price, size, and other features. In addition to online searches, you might also consider hiring a real estate agent. They can provide valuable local knowledge and help you navigate the process of finding a home. When you find a property you're interested in, arrange a viewing. This will give you a chance to inspect the property and ask any questions. If you're planning to rent, you'll likely need to provide some documentation, such as proof of income and a reference from a previous landlord. If you're buying, you'll need to negotiate the price and arrange for a mortgage if necessary. Finally, once you've found a place and everything is in order, you can sign the lease or purchase agreement and move in. Remember, finding a place to live can take time, so it's important to be patient and thorough in your search," said one person in Braga.
"I first lived in an apartment near the University. You can never go wrong living around a large school. People tend to be more open to help. I eventually bought a proprty and built a four bedroom home in a quiet section of the city. The land was a bit more expensive than other areas but it was well worth it. If your going to build.... please watch your contractor closely and NEVER pay for anything up front, only for work that has been done. You can get yourself into trouble that way," remarked one foreigner who made the move to Braga.
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What is a typical expat home or apartment like in Braga?
"A typical expat home or apartment in Braga, is often located in the city center or in the suburbs, depending on the individual's preference for city life or a more relaxed environment. These homes are usually modern and well-maintained, with a blend of traditional Portuguese architecture and contemporary design. They often feature spacious living areas, fully equipped kitchens, and one to three bedrooms. Some apartments may come with a balcony or terrace, offering views of the city or the surrounding countryside. Many expat homes also have access to amenities such as a communal swimming pool, garden, or gym. Despite being in a foreign country, these homes are designed to provide all the comforts of modern living, making it easier for expats to settle in. The neighborhoods are generally safe and peaceful, with local shops, restaurants, and public transportation nearby," said one person in Braga.
"I live in a single family four bedroom home. To be honest I don't really know of any US expats in my area. The people up north are very friendly, so most of our support circle is Portuguese," remarked one foreigner who made the move to Braga.
What is the average cost of housing in Braga?
If you are thinking about moving to Braga, cost of living in probably a key consideration. Expats commented about the cost of housing:
"My home loan was 200k euros and I pay around 600 euros a month. Property takes is another 1k a year and generally speaking water, electric, heating, cable tv and such round off to about 350 euros monthly. It's MUCH cheaper out here than in the US," explained one person living in Braga, Portugal.
"The average cost of housing in Braga can vary greatly depending on the location and size of the property. However, as of recent data, it is generally affordable compared to other European cities. For instance, you can expect to pay a moderate amount for a one-bedroom apartment in the city center, while the same kind of property outside the city center would cost significantly less. Prices for larger apartments or houses would naturally be higher. It's also worth noting that buying property in Braga is also relatively affordable, with the price per square meter for an apartment in the city center being quite reasonable," said one expat in Braga.
Should I buy or rent a home in Braga?
If you have not spent a lot of time in Braga, 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 Braga, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Braga for a long period, buying a home could be a good investment. Owning a home allows you to build equity over time and could provide financial security in the future. However, buying a home also comes with additional costs such as property taxes, maintenance, and insurance, which you should consider. It also requires a significant upfront investment, including a down payment and closing costs. On the other hand, renting a home in Braga could be a more flexible option, especially if you're not sure about your long-term plans. Renting allows you to move more easily if your circumstances change, and it often comes with fewer responsibilities as your landlord will typically handle maintenance and repairs. Renting can also be more affordable in the short term, as it usually requires a smaller upfront cost than buying. However, you won't build equity as you would if you owned the property. In conclusion, both buying and renting have their pros and cons, and the best choice depends on your individual situation. It's important to carefully consider your financial situation, lifestyle, and future plans before making a decision," remarked one member in Braga.
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.
Additional Information:
- Expat Guide to Braga
- Driving in Braga
- Health Care in Braga
- The Essential Guide to Braga
- Cost of Living in Braga
- Healthcare & Health Insurance in Portugal
- Best Places to Live in Portugal
- Real Estate in Portugal
- Tips for Expats in Portugal
- Pros and Cons of Living in Portugal 2024
- 2024 Guide to Moving to Portugal
- More Advice about Retiring in Portugal