Bonfim — Setúbal, Portugal
Bonfim, in Setúbal, exudes a charming blend of tradition and modernity, attracting both locals and expatriates. It offers a rich cultural tapestry with historic landmarks and vibrant community life. The real estate market here is dynamic, with an average sale price of €182,300 and a price per sqm of €2,223. Investors are drawn to Bonfim for its solid rental market, offering yields of up to 4.5%. The neighborhood's appeal is enhanced by its proximity to amenities such as parks, schools, and shopping areas, making it an excellent choice for both families and investors seeking long-term growth.
Investor profile: Ideal for investors seeking stable rental income and long-term growth. Suited for families, expatriates, and those valuing cultural richness and modern amenities.
Market Data — Bonfim
- Average purchase price: €182,300
- Price per m²: €2,223/m²
- Average monthly rent: €690
- Estimated annual yield: 4.5%