Real Estate company Médio Tejo is dedicated to promoting
the best of the ‘heart' of Portugal, the central region,
has to offer. Whether you are looking for a new home or
a business opportunity, Médio Tejo have the expertise
and insight to find you the best value for your
investment.
Situated in Dornes, deep in the undiscovered and
secret heart of Central Portugal, between the
municipalities of Ferreira do Zęzere, Sertă and
Alvaiázere, the company was established to satisfy the
desires of those who are looking to buy a house in one
of the most beautiful and most typical regions of
Portugal.
Whether you are investing, seeking the perfect
holiday location, or wanting to live in the centre of
Portugal, you will be located in an area of outstanding
beauty, affording peace, tranquillity and a unique
lifestyle, steeped in tradition and culture, yet within
easy reach of all major historic locations, sea, lakes
and nightlife.
According to Médio Tejo, over the years there has
been a steady search for property around the Castelo do
Bode Lagoon and the Zęzere River, which are very well
know for water sports. Most of the buyers are
Portuguese, British, Dutch, Irish and Belgian. Dornes is
situated less than 90 minutes from Lisbon airport and
the road accesses are really good.
Médio Tejo estimates that, as an example, five years
ago one could buy a ruin with a small plot of land near
the Castelo do Bode Lagoon and the Zęzere River for less
than €40,000. Now, the few ruins left are sold for three
times as much.
On average, a ruin with half a hectare of land
(without lake or river views) would now cost investors
between €15,000 and €50,000. A ruin with lake or river
views would cost around €80,000 to €100,000.
‘Readyto-move-in' houses (without lake or river views)
are valued at an estimated €100,000 to €200,000, or,
with lake or river views, prices start at €175,000.
The central region is rich by Portuguese standards.
Portuguese buyers (city folk) also buy property in that
area, so the expat market is a complement.
Property buyers in Northern Central Portugal should
be aware that most of the buyers are ex-pats, meaning
longer re-selling times New developments are planned for
the region, including a golf course in Boquilobo (Torres
Novas). The region's capital, Tomar, home to the
Portuguese Knights Templar is also part of UNESCO's
World Heritage list. Furthermore, according to Médio
Tejo, crime is also virtually non-existent.
Return from letting markets have been increasing on a
yearly basis, with the season extending from May to
October.
Foreign specialists predict that property prices in
Central Portugal will increase by 200% in the next 10
years, something Médio Tejo strongly believes will be
achievable.
One of the questions most frequently asked is ‘is it
complicated to set up and run a B&B in Portugal?'
Valdemar Garcias of Médio Tejo says, "Complicated is not
the right word. Nearly everything in Portugal is time
consuming, because rules exist and need to be followed,
it's just a question of interpreting them".
For more information, see website: www.mediotejo.pt,
(search by county) or www.myhouseinportugal.com (real
estate in English and Dutch).
Phone: (+351) 249 366 377, mobile: (+351) 965 628
718, fax: (+351) 249 366 578, or e-mail:
valgarcias@gmail.com. Approved Estate Agents: AMI
7318