Baixa Property Guide – Why Baixa Property
Why Baixa Property
In this series of articles we will be discussing Baixa, the heart of neoclassical elegance of Lisbon and why investing in property in this region is a good idea for you.
Why Baixa Property
Grand plazas, luxurious shopping boulevards, and marvelous avenues are all the characteristics of the lovely Baixa located in the heart of Lisbon, the wonderful capitol of Portugal. This astonishing area stretches all the way from the Rossio square and to the Praça do Comércio riverfront.This phenomenal neighborhood has a vibrant atmosphere that is always full of life, and the authentic Portuguese spirit fills the Baxia property at every time of the year.With an incresing number of high net worth individuals seeking to purchase and invest in property in Lisbon, the hyperlocal property market of the Baxia area is booming like never before. Since this is the perferred method by the locals, buying property in Baixa is actually less expensive than renting it at the moment, with the average price for apartments in this area ranges between five hundred thousand Euros and six hundred thousand Euros.
When it comes to purchasing and/or investing in buy to let property market the city of Lisbon, and especially the Baxia region, are rich with the most excellent opportunities – Should you choose to pursue this particular investment route you can expect marvelous annual yields of up to five percent and avove per annum. Many international investors have already noticed the benefits of investing in Lisbon, and more particularly, Baxia property market and have already begun seizing the available investment opportunities.The growing demand for Lisbon property especially among the investors from Western Europe has accelerated the property price growth up to three-point-sixty-six percent per year.The average property prices for apartments in Baixa circulate around sixty five hundred and eighty one Euros per square meter, and raise a little for investments to fifty four hundred and six Euros per square meter.Property Lisbon is one of the most renowned agencies for Bairro Alto property market, right alongside Remax, JLL, and Quintela & Penalva, with the highest number of listed proeprties in the area in our portfolio.