New builds Alcochete
Location and climate
Alcochete is a municipality within the Setubal District of Portugal. It is part of the Setubal Peninsula sub-region, the Lisbon region and the Greater Lisbon metropolitan area. In the west it is bordered by the Atlantic Ocean and the mouth of the Tagus River.
According to Köppen's classification, the climate there is Mediterranean.
Why is it profitable to buy an apartment in a new build in Alcochete?
The town was named by the Arab conquerors as "Alkashete" ("ovens"), which may be associated with clay kilns. Salt mines are a natural treasure of this region, Alcochete has long been a major center of salt production in the country, the salt industry is still important today. The municipality has a developed food industry, agriculture, fishing, and trade.
There is a well-established transport network, there is a connection with Lisbon by toll expressways. There are shuttle buses and trains as well.
Since the capital is located nearby, Alcochete real estate in the new builds for sale become an investment idea for those who would like to get all the advantages of the climate and compactness of the region, proximity to the infrastructure of the capital, and at the same time pay less for living. Residential complexes in Alcochete are gaining popularity for rent as the increased tourist flow has spread to the other side of the Tagus River.
Alkochete is pleasant and safe, it is a calm place where you want to invest money and also move in order to enjoy life. Despite the constraining complex circumstances and trends (force majeure, political, financial), the construction market resumed growth, but at a new, higher quality level. Experts believe that the growth of the quantity of the new homes for sale is reasonable, but not extraordinary, in line with demand.
The National Institute of Statistics noted in 2017 that Alcochete is one of the wealthiest municipalities in the Lisbon metropolitan area. Tourists (potential tenants of apartments) in the residential complexes like the comfortable climate, acceptable infrastructure, the accessibility of the ocean and the capital (about 40 km by shuttle buses). The sale of apartments from developers is aimed at investors from all over the world. Feedback from buyers confirms the good quality of the housing being built.
The lowest price per square meter of space in a new home in Alcochete, handed over in black frame condition (according to information from the real estate search engine GEOLN.COM) is 1,554 USD.
Conditions for purchasing apartments in Alcochete from the developers by foreigners
Foreign investors have the right to buy apartments from the developers in Alcochete without any restrictions.
Interesting places to visit
- Vasco de Gama (17 km) bridge over the river
- nature reserve
- scenic gondola lift
- Samuko beach
- natural reserve Mar da Paglia (estuary and river, floodplains, home of pink flamingos)
- church
The local population has a passion for bullfighting during the Green Beret and Salt Lances.
Purchasing an apartment in a new development in Alcochete is a profitable investment in a popular resort location by the ocean with a high and stable rental income, developed infrastructure, and the city that is close to the capital - Lisbon.