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Properties for Sale in Benafim, Faro, Portugal

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Real estate in Benafim

Faro district, on Portugal's southern coast, is a favorite destination for foreign property buyers and investors. Benafim, a charming town nestled in the heart of Faro, should be on your radar if your dream is to own a house or an apartment in a tranquil and scenic location. This enchanting town, located within the mountains and near to sparkling coastlines, is characterized by traditional terracotta-roofed houses, earning it the nickname "Aldeia Vermelha", or "Red Village" for its captivating architectural style and breathtaking landscapes. Before you reach out to a local property dealer, explore the real estate atmosphere in the region, investigate the properties available for sale in Benafim, and understand the cost implications of owning a holiday home in such an exceptional location. This will provide you with a comprehensive overview, enabling you to make an informed decision based on prevalent real estate trends and pricing. Benafim's real estate diversity offers something for everyone, making it an idyllic location for those seeking to invest or find their dream home abroad.

Benafim properties: Market trends overview

The property market in Benafim, Faro, Portugal has seen consistent price appreciation, drawing the attention of international investors and purchasers, notably from Scandinavian nations, the UK, Germany, and the US. Benafim's prime inland location is ideal for those seeking a relaxed lifestyle, yet it also offers plenty of activities and attractions including a variety of sports clubs and an easy commute to dynamic Faro. Benafim showcases a lively village community, rich cultural traditions, and an exceptional quality of life. In recent years, the local government in Benafim has increased its contributions towards the town's development, offering a wide array of property types for local and overseas property seekers. These include stylish and practical townhouses, apartments, modern villas, traditional farmhouses, and luxury penthouses. Discovering property and apartments for sale in Benafim, Portugal, that accommodate any budget and lifestyle preference is straightforward, making this picturesque village an appealing destination for foreign purchasers.

Average price of a property for sale in Benafim

What might be the anticipated expenditure for properties in Benafim, Faro? The response to this question is not fixed as it is subject to various determining aspects. These include the type of property, its location in relation to the historic core and beaches, the available facilities, and personal preferences (luxurious features, size, accessibility, etc.). Recent data demonstrate that the maximum quoted price for properties on sale in Benafim was €2,587 per square meter. The highest property prices are typically found in the Benafim-Alto region. On the other hand, properties in the Benafim-Baixo area come with lower prices, boasting an average price per square meter of €1,873. The mean asking price for a house in this area currently sits at around €557,220.

Types of properties can you find in Benafim

Benafim, Faro, Portugal real estate presents a varied assortment of properties, including flats, plush penthouses, premium seafront villas, and classic Portuguese farmhouses. The most desirable property for sale is located in a secured residential complex. You can discover 3-4 bedroom flats with expansive terraces and double-storey homes. Furthermore, these floors possess their own entry and each features spacious terraces and its own kitchen area. You might also prefer a new villa situated in a privileged location in Benafim, Faro, Portugal, offering sea views, easy access to the beach, and simply an ideal residence. The blend of traditional and modern properties in this region allows for a wide choice of living styles, from the simplicity of a rustic farmhouse to the indulgence of a sleek penthouse or a beachfront villa. Whether you prefer a bustling town setting or a peaceful countryside retreat, Benafim provides a variety of options to cater to all tastes and budgets.