Oeiras

Oeiras is one of the most populous villages in Portugal. There are many people who choose to buy real estate in Oeiras because it is a cozy place with a business district where large international companies have their Portuguese offices (like Google).   

Entrepreneurs and investors love Oeiras, as well as families who have decided to buy houses in Oeiras. One of the main reasons for this choice is to be a family residential area and proximity to the Portuguese capital. It is a privileged place because it is located on the coast between Lisbon and Sintra, with good weather and sea conditions that give Oeiras a favorable environment for the use of beaches, riverside areas and outdoor activities.

Apartments and villas in Oeiras

Oeiras is one of the three municipalities of the country with the highest price of apartments and villas, together with Lisbon and Cascais. The municipality is experiencing a period of great real estate dynamism, especially with a high demand, which leads to an increase in property prices in Oeiras. This is because national demand meets foreign demand, and more and more foreigners are looking for houses in Portugal.       

Currently, we live in a time of high real estate speculation. Property values in Oeiras are rising steadily, there are few developments under construction and within a month increases the value of homes by 21 %, because demand far exceeds supply.  

It is assumed that the price of apartments and villas will continue to raise, both at the level of sale as well as at the level of lease, making it inaccessible to the average incomes of Portuguese households. But although there is an appreciation of the sale value of real estate in Oeiras, there is a tendency to stabilize growth in this region, as well as in Lisbon and Cascais. In these areas, markets have the highest price levels (18.6%, 24.9% and 16.7% respectively). Lisbon leads with a price per square meter of 6,623 Euros (30% above average), followed by Oeiras and Cascais also with values ​​above 2,500 Euros.     

Nevertheless, the standard of living of the Portuguese is improving and this is also one of the reasons for this new dynamic of the real estate market in Oeiras. Nowadays the price of a house in Oeiras T4 for rent is around 1500 Euros per month, with an increase of around 100 Euros. For purchase, the price is in the order of 450 thousand Euros, when before it cost about 300 thousand Euros.

Live in Oeiras

Oeiras is considered one of the best counties to live in and then we present the advantages of buying real estate in Oeiras.

Location

The location of Oeiras is excellent. This is one of the most important factors when considering home buying. In Oeiras you will be very close to the capital (Lisbon), as well as Cascais and Sintra, by public transport or by car. For those who live in Oeiras and work in Cascais or Lisbon, a good option is to go by train because it avoids rush hour traffic, avoiding delays. Although by car, without traffic, you will quickly be at your place of work.

Infrastructures

Oeiras is considered one of the most privileged areas in the country to live, with excellent infrastructure, with everything you need. Here you can find schools (the best in the country), hospitals, shopping, beach, gardens and playgrounds, four large business centers with work and business opportunities (Taguspark, Quinta da Fonte, Lagoas Park, Arquipark).

Proximity to the beach

It is easy to go to the beach on foot due to its proximity. This may be one of the main reasons that will lead you to buy home in Oeiras which, as has been said, has excellent location.

Cost of living

The cost of living in Portugal is low compared to other countries but it should be noted that the values ​​of houses in Oeiras, for purchase and rent, have risen sharply in recent years. In addition, Oeiras is considered an area where you can purchase luxury real estate.

Safety

It is one of the safest regions, with the lowest rate of violence in the country.

If you are looking for a home in a good location, with excellent infrastructure, good access, good work and business opportunities, proximity to the beach and security, Oeiras is the ideal place for you and your family!