WELCOME TO Evora

Due to its extensive historical and cultural importance, in the past few years Evora has seen a huge increase in the tourism sector, which led to the creation of many hotels, bed-and-breakfasts, Airbnb renting and various other styles of accommodation.

But why we love Evora as real estate investment? One word: low-risk.

Evora is a relatively small city, so finding a good investment, is like finding a diamond, you need to know the market, region and local prices. That is why we have our own office with team of real estate brokers and analysts. Most of them were born in the city and know every little corner of Evora, so when a new opportunity is coming, our team is the first one to know and informed.

Apart from difficulties in finding the right investments to buy, it is not so easy to find the property to rent, because of the limited options, which is definitely a good reason to buy if you are lucky enough to find a good property.

One of the oldest Universities in Portugal, the University of Evora, is located in the historical part of the city. University is popular not only among Portuguese but also has a lot of foreign students. Currently, there are about 10000 students enrolled. They all need a place to live and unfortunately, there are not so many options in the city for them. That is why many of our clients bought houses in Evora and are currently renting them to students, which brings them a regular stable income and security, as there are always going to be students looking for accommodation. Evora, unlike big cities, has no speculation with prices on the real estate market. Additionally, as we mentioned in the beginning, investment can be only for 280,000 Euros and not 500.000 Euros, as Evora is qualified for a low-density area.

Apart from students, there are many families that are looking for houses to rent and due to the high rate of tourist visitors, Airbnb is also of the options, although Lisbon, Porto and other big cities are still considered a better choice for the Airbnb rental model.

First of all, if you are not planning to live in Evora and consider it exclusively as an investment and way to get Golden Visa, you will most likely rent the property. But who wants to deal with all the overwhelmed paperwork, constant communication with the tenants about the broken chairs or bulbs?
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Moreover, when you buy the investment for 280,000 Euros, one of the conditions from the government is to renovate the property (renovation price is included in 280,000Euros) you will face the problem of communication with the local construction company, that sometimes don’t speak good English. Why would you need to bring additional problems and headaches to your life, when you can just work with the local company, that already been through this process many times and knows all the underwater rocks.
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Evora offers a truly unique Portuguese experience, with a distinctive heritage, delicious regional cuisines and an infectious unhurried pace of life, that is so wanted by people from big crowded cities.