The Spanish port city of Vigo is densely populated and offers excellent shopping plus some of the best seafood in Europe. Property prices even in the hilly suburbs of Vigo have risen significantly despite the property problems elsewhere; this is because Vigo is a commercial, not tourist or expatriate area so much. In fact Vigo is literally bursting at the seams, so much so they have enlarged the port a few kilometres away and linked both the sea and "dry" port with rail links and expressways, rather than try to expand Vigo itself.
This port expansion is on top of the massive industrial area just to the south of Vigo called Porriño, where the highly successful French car maker Peugeot has a massive manufacturing plant. Such high levels of commerce means there are a lot of Spanish million and even billionaires in the area.
Local wealth, quality department stores, fashionable boutique shopping areas, four International standard hospitals, superb dining, excellent night life, low crime rates and some of the best air quality in Europe do come at a price though, so many people buy their Vigo real estate outside the city limits. The Atlantic Ocean towns of Cangas, Moana, Palmas, Samil, Fontenlas, Coruxo, Os Abestos and Nigran are all popular and often expensive choices for many during the summer, but it can get very bleak and blustery in these coastal areas during the winter.
Only 20 minutes from Vigo are a host of better priced luxury villas. Along the immediate coast itself can be a bit expensive (local businessmen having pushed prices up), but travel just 20 minutes north and you reach the large town of Pontevedra, while 20 minutes south gets you to Valença in Portugal (see North Portugal Properties) where the taxes / property rates are lower, and where regulations prohibiting close proximity and high density buildings provide more guarantees regarding your window views!
Thursday, 18 June 2009
Vigo Real Estate - Luxury Villas
Labels:
atlantic,
Cangas,
coastal,
Coruxo,
Fontenlas,
Moana,
Nigran,
Os Abestos,
Palmas,
pontevedra,
Samil,
vigo luxury villas,
vigo real estate
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