Aveiro Portugal Real Estate: An Overview – Goldcrest

What makes Aveiro so special?

The city of Aveiro is breaking into the international stage as one of Portugal’s most promising digital centers and startup hubs. The high quality of life and lower property prices than in Lisbon and Porto make it a unique opportunity for local and foreign buyers.

Aveiro is home to 14 startups, which make up 2 percent of the country’s startups. According to the Global Startup Ecosystem Index, the ecosystem recorded an annual growth rate of 24.5 percent in 2025.

One of the most exciting opportunities came with the Startupbootcamp in Aveiro, one of the top European accelerators. They made a permanent base in the city to leverage this strategic location between Europe and Latin America, particularly Brazil.

Rental demand is strong in Aveiro due to a large student population, thriving tourism, and growing interest from expats. In core neighborhoods, rental yields vary from 4.5 percent to 5 percent, based on Investropa.

Indeed, Aveiro is a very special city. It is unique in many ways, given its location—its proximity to the ocean, its closeness to the historic and picturesque cities of Porto and Coimbra, and with its own individual flair.

The city has a majestic feel due to its Art Nouveau architecture. The streets themselves are also captivating. With cobblestone roads, the typical Portuguese red roofs, and quaint balconies overspilling with colorful flowers, you are surrounded by both historical and modern architecture, making a pleasant contrast.

Overview of the Real Estate Market in Aveiro, Portugal

Aveiro, Portugal, real estate is very attractive for homebuyers and investors. In 2024, the average asking price for a villa or home in Aveiro was €3,153 per m2, but this can vary depending on the location and type of property.

Indeed, this is one of the most affordable parts of the country. In the area, you should also be able to find luxury properties. If the property has additional facilities, such as a swimming pool, private gym, or security, this will boost the price.

Prices of Aveiro luxury homes will vary completely depending on your search criteria. Working with a buyer’s agent or real estate agent in Silver Coast will also help you find the ideal properties at the best price.

While the Portugal Silver Coast real estate offers stunning beaches and popular holiday towns, Aveiro’s canals and affordable properties are just as appealing for real estate buyers who prefer to live on the coast.

Renting property in Aveiro

Renting is a good idea in Aveiro, with relatively affordable prices. Renting in Portugal, especially in Aveiro, is very popular among students, expats, and digital nomads, due to its proximity to the University of Aveiro and growing startup ecosystem.

The average cost of monthly rent, according to Numbeo is:

• For a one-bedroom apartment in city center: €840
• For a one-bedroom apartment outside city center: €611

There are many apartments for rent in Portugal. The Central Aveiro (Glória e Vera Cruz) is very close to local attractions, canals, and cultural sites. For those who prefer beachfront apartments and modern complexes for long-term rentals, the coastal area in Aveiro, such as Costa Nova and Barra, can provide valuable investment opportunities.

Getting to grips with the property market

Property values have been steadily increasing in central areas, offering stable appreciation. However, Aveiro is still more affordable than buying property in Lisbon or Porto. This creates excellent opportunities for long-term investments.

When searching for properties for sale in the Aveiro district, it is worth setting up a property alert on the real estate websites you visit. This will help ensure you do not miss houses that would be a perfect match.

Types of Properties Available in Aveiro

In Aveiro, Portugal, you will have many types of real estate to consider, from country homes to villas, with acres of private land and modern apartments with spectacular views of the city from your balcony.

Apartments

Aveiro has one or multiple-bedroom apartments, duplexes, and luxury apartments with premium amenities and furnishings. Studio apartments offer compact living spaces for affordable prices, while high-end properties tend to accommodate wealthy investors looking for spacious coastal living.

Houses

Houses are properties that offer better privacy and outdoor space. In Aveiro, you can find detached, semi-detached, terraced houses, villas, and farmhouses (or quintas). Rural houses are better for investors who prefer a countryside lifestyle. A property finder in Portugal can help you find the right type of property based on your goals and budget.

Commercial properties

Aveiro real estate is good for business as it offers a variety of corporate suites, retail spaces, industrial units, and warehouses.

How to buy property in Aveiro, Portugal?

Buying property in Aveiro, Portugal, is straightforward for residents and non-residents without restrictions on foreign property ownership. However, there are a couple of procedures to follow, along with some legal considerations.

You will need:

• Portuguese tax identification number (NIF) to issue payments, such as property taxes, utility contracts, and buying property.
• Portuguese bank account for managing property payments and earning rental income. Although opening a bank account in Portugal isn’t mandatory, it can help you avoid international transfer fees.
• Financial documents, such as bank statements, proof of income, or mortgage.
• Proof of identity, like a valid passport or EU identification card.
• Legal advice from a real estate lawyer in Portugal. They can be helpful if you are transferring deeds, writing legal contracts, or checking to see if the property has hidden debts.

Aveiro, Portugal Real Estate: Lifestyle in Aveiro

Aveiro is a city where nature is all around you. You can enjoy the sea, the canals, and peaceful gardens. The largest green space is Jardim do Rosso, at the end of the main Doutor Lourenço Peixinho street. Here, you can enjoy views of the canals and breathe in the sea breeze. Another favorite is Parque de Santa Joana, which is a park where you can relax and watch the people pass by.

It is very easy to live an active life in Aveiro. While the weather can get a little colder than in the south of the country, you should be able to enjoy the great outdoors for most of the year. For keen golfers, there are top golf courses nearby. You can also try surfing and other water sports, with the waves rolling in from the Atlantic.

Portuguese cuisine is vibrant, exciting, and fresh, focusing on fine ingredients. Aveiro has several brilliant family-owned tascas (typical Portuguese eateries). Those looking for something a little more special will be pleased to know that there are also several fine dining options in Aveiro and Porto, a short drive away. These include a few Michelin-starred restaurants.

You have the open-air Forum modern shopping mall, with over 70 stores, a large selection of food choices, and a cinema. Indeed, there are many ways to fill your time, whatever your interests.

The surrounding countryside provides peace, tranquility, and incredible landscapes. Enjoying a rich Douro wine from the comfort of your country home, and with views stretching into the distance, life must feel pretty complete.

Climate in Aveiro

With a Mediterranean climate, daily summer averages are around 24 degrees C (75 degrees F). While the winters are generally mild, at an average of 14 degrees C (57 degrees F), the temperature can drop below 10 degrees C (50 degrees F) in colder months.

Goldcrest: How We Can Help You 

Goldcrest is a buyer’s agent that is based in Lisbon. We provide expert, impartial advice on real estate investments and how to buy property in Portugal. From scouting out the perfect property through to property acquisition, we have you covered throughout the process.

If you are looking to purchase property in Portugal, don’t hesitate to get in touch. Our team of skilled experts is available to solve all your real estate doubts, helping you with the property search and offering insightful expertise and strategic advice.

Why choose Goldcrest?

• Local knowledge: With offices located across Portugal, our presence nationwide allows us to assist you personally across the country.
• Independent service: As an independent buying agent, we do not represent any development or project. Our service is entirely tailored toward each individual client, providing you with everything you need to secure the perfect property at the best possible price. As an impartial advisor on the market, we work solely on behalf of our client and provide a service tailored to your needs and requirements.
• Streamlined process: Our real estate agents speak English and Portuguese, and our service is completely focused on providing you with a hassle-free buying experience, saving you time.
• Experienced team: Our expert real estate team has a vast local knowledge of the Portuguese property market. We have cutting-edge technology and metasearch tools at your disposal to provide full market coverage, ensuring the best investment choices and negotiated prices.
• Network of partners: We have a close network of partners, including lawyers, property management services, builders, architects, designers, and landscape gardeners, again saving you time and hassle by providing you with trusted experts in their field of work.