The value of a property is determined by the market, supply and demand. However, there are other factors that directly influence the final price of a property, such as location, accessibility, neighborhood and building characteristics.
Location is the first factor that influences the value of a property. If the neighborhood is privileged, with good infrastructure and security, the property tends to be more expensive. In more peripheral or less urbanized areas, prices are more affordable.
The second factor is accessibility, that is, how easy it is to get to the location. The closer the location is to major urban centers, the more expensive the price per square meter will be. Neighborhoods with easier access (public transportation, wide, paved roads) also tend to have higher prices.
Other criteria that can influence the value of the property are: the existence of a garage, swimming pool, barbecue, neighboring buildings, neighborhood security and facilities (such as supermarkets, schools and public transport).
