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Real Estate in Sagres, Portugal | Expat Exchange
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Real Estate in Sagres, Portugal

By Betsy Burlingame

Last updated on Oct 24, 2024

Summary: People living in Sagres, Portugal offer advice about real estate. How do you find a home in Sagres? Should you buy or rent? What is the cost of housing?

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How do I find a place to live in Sagres?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"Finding a place to live in Sagres 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 large villa, depending on your needs and financial situation. Next, you should research the different neighborhoods in Sagres to find one that suits your lifestyle. Some areas may be closer to the beach, while others may be closer to the town center. Consider factors such as proximity to amenities, noise levels, and the overall atmosphere of the neighborhood. 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 Sagres, such as Idealista, OLX, or Remax Portugal. These websites allow you to filter your search based on factors such as price, size, location, and type of property. In addition to online searches, you may also want to consider hiring a local real estate agent. They can provide valuable insight into the local market, help you negotiate prices, and guide you through the legal process of renting or buying a property in Portugal. Visiting Sagres in person before making a decision is also highly recommended. This allows you to view potential homes, get a feel for the different neighborhoods, and potentially discover properties that aren't listed online. Finally, once you've found a place you're interested in, you'll need to secure it. This typically involves signing a contract and paying a deposit. Make sure to read the contract carefully and ask any questions you may have before signing. 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 Sagres.

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What is a typical expat home or apartment like in Sagres?

"A typical expat home or apartment in Sagres, is often a blend of traditional Portuguese architecture and modern amenities. These homes are usually spacious, with large windows that let in plenty of natural light and offer stunning views of the surrounding landscapes, including the ocean. The living areas are often open plan, with a fully equipped kitchen, a dining area, and a comfortable lounge. Bedrooms are usually generously sized, with built-in wardrobes and en-suite bathrooms. Many homes also feature outdoor spaces such as balconies or terraces, perfect for enjoying the region's warm, sunny climate. Some properties may also have a private swimming pool or access to a communal pool. The homes are often located within walking distance to local amenities such as shops, restaurants, and beaches. Despite being fully equipped and comfortable, these homes often retain charming traditional features such as tiled floors, wooden beams, and whitewashed walls," said one person in Sagres.

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What is the average cost of housing in Sagres?

If you are thinking about moving to Sagres, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The average cost of housing in Sagres can vary greatly depending on the type and location of the property. For instance, a one-bedroom apartment in the city center may cost around €500-€700 per month to rent, while a three-bedroom apartment in the same area could be around €1,000-€1,500 per month. If you're looking to buy property, the average price per square meter in the city center can be around €2,000-€3,000. However, these prices can fluctuate and may be higher or lower depending on the specific property and its location," said one expat who made the move to Sagres.

Should I buy or rent a home in Sagres?

If you have not spent a lot of time in Sagres, 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 Sagres, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Sagres for a long period, buying a home could be a good investment. Owning a property allows you to build equity over time and could provide a sense of stability and permanence. On the other hand, renting might be a better option if you're not planning to stay in Sagres for a long time. Renting offers more flexibility, as you can move without the hassle of selling a property. It also allows you to avoid the responsibilities and costs that come with homeownership, such as maintenance and property taxes. If you're considering buying, it's important to note that the real estate market in Sagres can be competitive, with property prices tending to be high due to the town's popularity as a tourist destination. However, this also means that if you decide to rent out your property, you could potentially earn a good return on your investment. Renting in Sagres can also be expensive, especially during the peak tourist season. However, it can offer more flexibility in terms of location and type of property. In conclusion, both buying and renting in Sagres have their pros and cons. It's important to carefully consider your personal circumstances and financial situation before making a decision. Consulting with a real estate professional or financial advisor could also be beneficial," said one person in Sagres.

About the Author

Betsy Burlingame 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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