Why Invest in a Póvoa do Varzim Property
Investing in a Póvoa do Varzim property is an excellent idea. Because the market is growing every day, plenty of second-home buyers are becoming interested in the Póvoa do Varzim real estate. This city is breathtakingly beautiful with its beaches and seaside views.
Póvoa do Varzim is located in the north of Portugal, just 40 km from the big city of Porto. It sits on the coast of the country and has access to the Atlantic Ocean. It’s famous for its yellow sandy beaches that have dazzled residents and visitors for ages. There are around 60.000 people living in this marvelous beachside city.
Investment opportunities in the city are just around the corner. In recent years, the number of attractive Póvoa do Varzim homes for sale has increased. So has the number of Póvoa do Varzim villas and Amarante villas. They have been attracting investors and families, both from abroad and from within the country. Póvoa do Varzim property prices have started to go up. However, this shouldn’t discourage you. There are still plenty of once-in-a-lifetime investment opportunities in the city.
If you’re considering investing in a Póvoa do Varzim property, you should go to a real estate agency. ERA is the leader and has over 200 noteworthy listings. After them comes Paulino Torres and finally IAD Portugal and REMAX.
If you want to invest in a Póvoa do Varzim property, the prices are a bit lower than in Porto City. The average price for a Póvoa do Varzim apartment is €1,700 per sq. meter. The average price for a house it €1,500 per sq. meter. Finally, the average price for investments is €1,300 per sq. meter.
16. October 2018
Sale price distribution in Povoa do Varzim
Sale price per sq.m. for each property price in Povoa do Varzim
The Póvoa do Varzim real estate has been attracting the attention of wealthy potential international residents. With the Portuguese government offering incentives to expats and a booming market, it’s no wonder why. There are two main tax benefit programs that are making second-home buyers invest in Portugal. The first is the Non-Habitual Resident (NHR). The second is the Golden Visa program. They have both made Portugal a competitive country in the international market.
Living in Póvoa do Varzim — amenities and infrastructures
Póvoa do Varzim is a peaceful getaway from Porto. It’s peaceful and breathtakingly beautiful — but never boring. Since it’s only a thirty-minute car drive away from Porto, residents get the best of both worlds. On one hand, the city’s shops and award-winning restaurants are nearby. On the other hand, the traffic and crowds aren’t nearly as bad as in the city.
Póvoa do Varzim has a total of twenty-six beaches. All of them are blue-flag winning beaches. This means that the water is of extremely high quality. The sand can be yellow, golden or white depending on the beach. If you’re a fan of water sports such as bodyboard and surf, Póvoa do Varzim is the perfect place for you. There are several water-sport schools on the beaches with incredible teachers to guide you. There’s also a trail where you can run, jog, walk or bike where the city meets the sea. You can take in the full glory of the sea while doing some exercise here.
Golf in Póvoa de Varzim
You can also golf on an award-winning golf course in Póvoa do Varzim. The Estela Golf Club has been recognized as one of the best in the country by the renowned Golf Digest. The course is 6.148 meters long and has eighteen holes in total. You can also enjoy what the exclusive golf club has to offer when you purchase a membership.
If you’re looking to be pampered, you’re in luck. Póvoa do Varzim has a long reputation of being good for our health. Nowadays, you can go to a spa center and be taken care of like a queen or king. The city has several spas that have a great reputation. They’re a great break from routine.
Póvoa do Varzim has a three school for children and teenagers of all ages. Grande Colégio, Colégio de Amorim, and Colégio Jardim das Cores are all great choices. They’re all relatively close to the city center: less than thirty minutes away by car. All of them are well placed in the rankings that compare schools (private and public) all over the country. You can find international schools in the closest city — Porto. Here, your children can get a bilingual education and be close to home.
There’s also a private hospital in Póvoa do Varzim located just 2 km from the city center. The Hospital da Luz Póvoa do Varzim is well-known all around the country. It has everything, from an operating room to run-of-the-mill checkups. The medical staff, as well as the building, is what makes it stand out. Póvoa do Varzim also has a police station right in the heart of the city. If you have any problems in this safe and quiet city, this is where you should go.
Investing in Póvoa do Varzim real estate has only upsides. The city is calm and peaceful with fantastic ocean views. However, it still has everything you need — shops, private schools and a hospital, a police station, a golf course and much more. It’s the perfect place for second-home buyers to invest their money.
Hero picture by Social Fader via Flickr