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Real estate in Galilee

The New England region of the United States, particularly the Rhode Island area, captivates many international property buyers and investors. Galilee, located in the charming Narragansett Town, should be your top consideration if you're on the hunt for your ideal residence or a vacation rental in an idyllic setting with golden sandy beaches. This captivating village, with its serene coastal backdrop and quintessential New England style homes, is often playfully referred to as the 'Little Jewel' or 'Shining Star' of Rhode Island due to its beautifully scenic landscapes and architecture. Before you reach out to a local property broker, it's critical to familiarize yourself with the current market dynamics in this region, what type of dwellings are available for sale in Galilee, and the cost of owning a holiday home in such a singular location. The variety of properties in Galilee range from traditional cottages and vintage homes with the charm of yesteryears, to modern townhouses and luxury waterfront residences with breathtaking views. Discover the diversity and potential of the real estate in Galilee, Rhode Island and find not just a property, but a lifestyle that's truly unique.

Galilee properties: Market trends overview

The real estate market in Galilee, Rhode Island has seen a consistent rise in property value, attracting both domestic and international investors, notably from Canada, Europe, and Asia. Galilee, with its beautiful coastline and easy access to the bustling cities of Providence and Newport, offers the perfect blend of a relaxed lifestyle with the excitement of an energetic vacation destination thanks to the abundance of aquatic activities and sport fishing opportunities. Galilee is known for its charming maritime ambiance, rich history, and excellent quality of living. Over the recent years, the local authorities have been focused on further enhancing the town's attractions, offering a wide variety of real estate options for both local and overseas buyers. These include contemporary and practical townhouses, spacious apartments, modern design villas, heritage homes, and luxurious penthouses. Finding a property in Galilee, Rhode Island that is ideal for any budget or lifestyle preference is simple, making this picturesque seaside village increasingly attractive to buyers from abroad. Its unique combination of tranquil living and lively recreational opportunities makes Galilee a highly sought-after destination for any real estate investor.

Average price of a property for sale in Galilee

How much would you need to set aside for acquiring properties in Galilee, Rhode Island? The answer to this is not an exact figure, since the price depends on numerous factors. These include the type of property, its location, either near to the historic center or beaches, the amenities provided, as well as individual preferences such as luxurious features, the size of the property, accessibility, and much more. The most recent data show that the highest asking price for properties on sale in Galilee, Rhode Island was around $710 per square foot. The most costly properties are usually found in the Ocean Drive area of Galilee. On the other hand, properties with the most affordable prices, with an average cost per square foot of $540, are generally located in the Jerusalem area of Galilee. The current average listing price for a house in Galilee sits at approximately $1,250,000.

Types of properties can you find in Galilee

Galilee, Rhode Island, real estate offers an extensive selection of properties, including condos, luxury townhouses, exquisite waterfront homes, and classic New England cottages. The most desirable property for sale is situated within a secure residential community. You can find 3-4 bedroom condos with expansive decks and two-story homes. Uniquely, these homes come with their own entryway and each level boasts spacious decks and its own functional kitchen. Alternatively, you can choose a newly built house situated in a prime location in Galilee, Rhode Island, with stunning water views, within walking distance to the beach. It's simply the perfect location to call home.