How will the Spain-Portugal bridge influence property prices in the Guadiana region?
The construction of the Spain-Portugal bridge is poised to have a significant impact on property prices across the Guadiana region. As an essential infrastructure project, this bridge enhances accessibility between Alcoutim and Sanlúcar, making real estate in the area increasingly attractive to buyers. Location will play a crucial role in driving demand and, in turn, property values as more individuals and families seek to relocate to this beautiful border area.
With the anticipation of increased accessibility, we expect that property prices will rise, particularly in regions close to the bridge. Buyers can expect competitive prices, but the potential for substantial appreciation makes investing now an attractive proposition. The influx of new residents and tourists due to improved transport options translates to high rental demand, making properties ideal for both living and investment purposes.
Moreover, local businesses and amenities will thrive thanks to this enhanced connectivity, further supporting price stability and growth. The Spanish Government’s backing of this project also indicates a commitment to economic development in the region, making it a sound investment choice.
Buyers looking for properties with the potential for high returns should consider this prime opportunity. Begin your property search in the Guadiana area now to take advantage of the market before the bridge opens. Contact us today to discuss how you can benefit from this transformative project!
This was one of the resolutions taken at the Spanish Council of Ministers, just under a week before the Portuguese-Spanish Summit, which will take place next Wednesday, 23 October, at Palácio Fialho (Colégio do Alto), in Faro.
This summit was seen as the last opportunity to facilitate the advancement of this work, which is a long-standing aspiration of the population of this area of the border and which will be paid for, in full, by the Recovery and Resilience Plan, according to a report by Sul Informação.
In practice, this means that the Alcoutim Chamber, which owns the work and has already carried out all the necessary procedures, will soon be able to launch the Public Tender to award the work.
At the same meeting of the Spanish Council of Ministers, the construction of the international bridge between Cedillo (Spain) and Montalvão-Nisa (Portugal), over the Sever River, was also approved.
