Updated: December 10, 2024
Home to some of the most popular beaches on the Portuguese Riviera, beautiful summer days and mild winters graced by scenic views of the coastline, and a few of the most prestigious golf courses in the world, the Cascais region offers residents and visitors from across the globe a culturally rich and family-friendly lifestyle. Without a doubt buying property in Cascais is an excellent investment for non-EU and European citizens alike.
In this comprehensive article, we offer insight into life in the stunning Portuguese Riviera, just west of the cosmopolitan capital of Portugal, Lisbon. We will also explore the essential steps of purchasing properties in Cascais – from scouting out the ideal property in the Cascais area to understanding the buying process. This guide will also lead you to discover more about the value of working with a buyer’s agent or other real estate professionals who can assist you with their expertise in negotiating fair property prices, handling paperwork, and ensuring a smooth purchase process.
Why should you buy property in Cascais?
Whether you’re in search of a private detached house with a private swimming pool in a quiet suburb or a coastal apartment in the perfect location, Cascais offers real estate listings that cater to every lifestyle. Located in close proximity to the capital of Lisbon (just a short 30-minute drive), the Cascais region is famous for amenities that include five-star restaurants and popular beaches, such as Praia da Rainha. Cascais and Estoril are also home to 13 of the best international schools in the country, with a further two located in Carcavelos.
Can foreigners buy property in Cascais?
Foreign investors and expats are free to buy properties in Cascais or anywhere in Portugal. With the assistance of a real estate professional, such as a local real estate agent in Cascais or buyer’s agent, purchasing your dream home in Cascais will be a relatively straightforward process. A real estate professional’s support and assistance will help you make a sound property investment decision.
If you are buying a property in Portugal and plan to relocate to this beautiful country, you will need to apply for residency. Some of the most popular visa options for non-EU citizens include the D7 Visa (Retirement or Passive Income Visa), the Digital Nomad Visa, and the Portugal Golden Visa program.
Key reasons to buy property in the Cascais region
Besides the allure of the stunning coastline and the convenient location near the Portuguese capital and Estoril, there are a number of reasons that make property investment in the Cascais region an attractive option. Although Cascais property and the relaxed lifestyle tend to be more on the luxurious and expensive side of life than other parts of the country, property and the cost of living are still competitively affordable when compared to other European countries and sought-after destinations across the globe.
Moving into 2025, Cascais remains a smart move for property investors looking to secure a strong return on their investment but also for families and lifestyle buyers looking to have the very best of Portugal on their doorstep.
There is also a considerably large expat community in Cascais with which to connect. In March 2024, the Portuguese Chamber of Commerce in the UK reported that Cascais will be one of Portugal’s key travel hotspots this year as the picturesque region attracts tourists and expat families with its excellent quality of life.
The Cascais Real Estate Market: An Overview
The once humble fishing village of Cascais has developed into a sought-after location with luxury properties. You can also find more affordable Cascais houses for sale to buy as property investment prospects with great potential. International investors can discover real estate listings that promise lavish lifestyles along the Atlantic coast and the Portuguese Riviera, attracting tourists and expats alike with a vibrant coastal lifestyle enriched by water sports, top-notch amenities, serene waters, easy access to cities, and authentically Portuguese culinary landscape.
According to Confidencial Imobiliário, the Portuguese real estate market intelligence unit, the average property price in Cascais reached €5,835 per square meter in 2023. Note that this is the asking price, and the sales price can often be significantly lower than this or, in fewer cases, higher. For those eyeing investment properties with plans to rent the home out during the popular summer holiday season, Cascais boasted a commendable 5.6 percent growth in gross rental yields in the same year.
The Cascais real estate market welcomes international investors and expats to join a unique world filled with the historical and contemporary coastal allure of this stunning coastal region. Cascais offers cobbled streets that lead to mansions and villas reminiscent of 19th-century architecture, while the Museum Quarter and the 15th-century Cidadela de Cascais add to the coastal city’s rich heritage.
But Cascais isn’t just a historical haven; it’s a vibrant hub with an array of bars, dining delights, and a pulsating nightlife, radiating an irresistible holiday charm and making it the best property investment opportunity for those seeking a profitable investment or a well-rounded luxurious lifestyle on the Portugal coast.
Where to buy property in Cascais?
From the luxury of Cascais and Estoril to the tranquil charm of São Domingos de Rana, each area in Cascais offers property buyers something slightly different to meet their lifestyle and investment needs. You will find a selection of many properties, from modern apartments and luxury villas surrounded by the calm waters of the yacht marina to prime beachfront properties and quaint detached houses in quiet suburbs offering a simple yet luxurious lifestyle with access to the coast and the best golf courses.
Cascais and Estoril
From upmarket apartments offering breathtaking sea views to expansive mansions with inviting swimming pools, Cascais and Estoril are the main hotspots of the area’s luxury real estate market. With its incredible selection of luxury houses and other real estate listings, Cascais and Estoril are popular among lifestyle-driven investors and families and offer a few of the best golf courses in the area, including the Quinta da Marinha Golf Course.
São Domingos de Rana
In the São Domingos de Rana area, you can find a more affordable house for sale and live in a close community with a historical background. You can also make the most of your close proximity to Lisboa, making it a strategically attractive choice. Here, you can enjoy proximity to beautiful beaches while living in a quieter suburb still connected to modern amenities.
Alcabideche
Alcabideche is one of Portugal’s perfect neighborhoods for beach lovers and adventure seekers. Nestled between Cascais and Estoril, Alcabideche is close to the picturesque Sintra National Park, which attracts visitors to this area with its natural beauty, making it a smart investment for renting your property.
Carcavelos and Parede
Carcavelos and Parede offer the best of both worlds: Stunning beaches that are the avid surfer’s paradise and tranquil residential pockets perfecting the closely located areas’ laid-back atmosphere. Together, the exquisite beaches are complemented by waterfront dining options and panoramic sea views, creating a lifestyle of seaside sophistication. Carcavelos is also a popular surfing spot for residents of Cascais and Lisbon.
How to Buy Property in Cascais: A Step-by-Step Guide
Now that you have an idea of the property prices and have explored a few of the areas where your dream property awaits in the captivating coastal town of Cascais, we can discover more about the property buying process.
In the table below, we guide you through the essential steps and legal intricacies involved in seeking Cascias property for sale and making your foreign property ownership dreams a reality in Cascais – from finding and financing your ideal investment property to negotiating the best deal and securing your dream home.
Step | Description |
Step 1: Secure financing for your property | Assess your finances, explore mortgage options from Portuguese banks, and understand associated costs such as taxes, legal fees, and property registration expenses. |
Step 2: Find the perfect property | Set a budget and research the Portuguese real estate market, focusing on location, amenities, and rental potential. Seek guidance from real estate professionals like buyer's agents or real estate agents. |
Step 3: Make an offer | Once you find a suitable property, negotiate an offer with the seller, potentially facilitated by a real estate professional. Consider having a buyer's agent representing your best interests during negotiations. |
Step 4: Reservation Agreement and CPCV | After an offer is accepted, a Reservation Agreement may require a refundable fee. The Promissory Contract (CPCV) then formalizes the promise of acquiring the property, usually with a deposit required of 10-25 percent, although this is agreed between the two parties. We recommend signing the CPCV in front of a Notary. |
Step 5: Signing the Escritura | The Escritura, or Final Deed, officially transfers property ownership. Signed before a Notary, it involves paying remaining balances and fees. After signing, the buyer becomes the official owner, concluding the process. |
Requirements for a Successful Property Purchase
An essential part of the real estate investment Cascais process is applying for a Portuguese NIF number and opening a bank account. These two requirements will also be helpful for any other transactions you need to complete in the country.
Portuguese tax number
You will need a NIF, the Portuguese tax number, to open a bank account in Portugal. You can apply for the NIF number yourself at your local tax office or get an attorney to assist you. If you are a non-EU citizen, you will need to have a fiscal representative.
To avoid having to go to the local tax office, you can also apply for your NIF number by working with an attorney online. Discover more about acquiring your NIF in this guide, How To Get A NIF (Tax Identification Number) Portugal: A Guide for Expats, by our residency and migration partner Global Citizen Solutions.
Portuguese bank account
When buying property in Cascais Portugal, it is recommended that you open a Portuguese bank account to avoid hefty international transaction fees. There are a variety of Portuguese banks to consider, many of which also offer mortgages to foreign buyers.
Required Documents for Property Purchases in Cascais
Once you start the purchase process, it is vital to have all the essential documents ready to ensure the property purchase journey is seamless and your purchase offer is eligible and legally compliant with Portuguese real estate law. Working with a real estate lawyer will prove to be an invaluable asset as they will be able to assist you with getting the documents you need in order and completing due diligence checks on the property on your behalf.
To buy property in Cascais, you will need the following documents:
- Photo ID: A valid identification document that verifies your identity.
- Contrato Promessa de Compra e Venda (CPCV): This is the buying contract or property deed that outlines the terms and conditions of the property purchase.
- Energy Certificate: This document provides information about the energy efficiency of the property and must be presented to you by the seller. Our guide, Portugal’s Energy Performance Certificate Explained, offers more information.
- Imposto de Selo: The stamp duty payment is a tax required by the Tax Authority for property transactions.
- Caderneta Predial: The land register document that contains information about the property, including its location, boundaries, and registered owner.
Potential Pitfalls of Purchasing Property in Cascais, Portugal
It’s essential to consider the potential pitfalls when buying property for sale in Cascais Portugal.
Legal issues
During the process, you could encounter legal complexities with property title deeds or debts attached to the property that could lead to lengthy legal battles. Additionally, if you don’t speak Portuguese, you will need help navigating the language barrier and clearly understanding the details related to the buying process.
Additional expenses
Besides the purchase price, you will also need to account for additional expenses, such as mortgage costs for foreign buyers, property taxes, notary fees, and registration expenses. Overlooking local regulations or tax laws could lead to fines or unexpected financial obligations.
Choosing the right location
You can talk to a team of professionals so that you can learn more about the nuances of the community you will be living or investing in. A buyer’s agent like Goldcrest can help you define your requirements, find which part of Cascais could be the best place for you, and advise on the investment potential of properties.
For instance, with Cascais being situated on the gorgeous Portuguese coast, the region has high-volume vacation seasons and off seasons like winter when life slows down. Also, during the off-season, access to local entertainment and amenities may be limited, and the income from an investment house you are renting to holidaymakers may slow down.
Seeking the professional advice of a buyer’s agent or experienced local real estate agent will help you understand the intricacies of property acquisition in Portugal, navigate setbacks successfully, and save you from a number of potential roadblocks that may impact the sale.
Financing Your Property in Cascais
Once you have decided how you will finance your purchase by looking at your financial means and whether you will need financing like a Portuguese mortgage, it is time to browse the Cascais real estate listings and find the neighborhoods where you would like to purchase a house.
In this section, we look at how to plan your budget and the financing options Portugal offers for buying a home.
Create a budget
Putting together a detailed budget that takes the various costs into account, from initial application fees to property taxes, is essential. If you need to finance your purchase, bear in mind that for Portuguese residents, mortgage deposits usually range between 10 percent and 20 percent. In comparison, non-residents typically require around 30-40 percent of the property value as a deposit.
Your property financing options
If you have capital, one-off payments on your property purchase price will be possible. However, there is also a great selection of mortgage options available from financial service providers, including BBVA, Santander, Banco Best, Bankinter, and Banco CTT. Visit each website and do some research before weighing your options.
Mortgages in Cascais, Portugal
Getting a mortgage in Portugal involves approaching banks or mortgage lenders to request an initial estimate. While residents enjoy broader borrowing options, non-residents face different criteria. The maximum amount you can borrow is determined by the loan-to-value (LTV) ratio, which compares the loan amount to the property’s value used as collateral.
In Portugal, fiscal residents can have an LTV of up to 90 percent for their primary residence or permanent home and up to 80 percent for a secondary or holiday home. This ratio is based on the lower value of either the purchase price or the bank’s appraisal value. For non-residents, the maximum loan-to-mortgage ratio is around 60-70 percent of the property purchase price (or bank appraisal), but this can also vary depending on the bank.
Types of mortgages
Fixed-rate mortgages come with a premium but offer stability, protecting against rate changes. Variable-rate mortgages, tied to the Euribor, provide fluctuating rates. Monthly payments fluctuate over time, and early repayments might incur a small charge on the repaid capital.
Cost and fees for mortgages in Portugal
Besides the application and valuation fees, there are additional costs involved in securing a mortgage in Portugal. Navigating the mortgage landscape in Portugal requires a clear understanding of the options available to you, associated costs, and the different requirements for residents and non-residents. Professional advice and clarity on these aspects will ensure a seamless property purchase process in Cascais and ensure that you invest in the best property.
Exploring Property Taxes in Cascais, Portugal
Navigating the property purchasing process in Portugal entails so much more than finding the perfect house and buying it. There are property taxes you will have to pay for property acquisition and ownership in Portugal. To ensure that you understand the tax implications relevant to your situation, we recommend seeking the assistance of a tax advisor.
Below, we will provide you with details on the property taxes you should expect to pay and prepare for. At the time of purchase, you are required to pay Property Purchase Tax (IMT) and Stamp Duty, while the other taxes are annual taxes that are paid after you have secured the property.
Taxes to consider at the time of purchase
Below, we outline the taxes that you will need to consider when purchasing property.
Property Purchase Tax (IMT)
The IMT (Municipal Tax on Onerous Transmissions of Real Estate) is a transfer tax applied to the purchase price of property in Portugal, ranging from 0-10 percent. The 0-8 percent range depends on factors such as the property’s price, location, type, and intended use (permanent residence or secondary housing). A fixed rate of 10 percent applies if the buyer is linked to territories with favorable tax schemes, known as blacklisted jurisdictions. Our Portugal property tax calculator can help you calculate the IMT (property transfer tax) on your potential property.
Stamp Duty
The Stamp Duty (Imposto do Selo) is an additional transaction tax charged by the Portuguese state for real estate transfers. It amounts to 0.8 percent of the deed’s total value and must be paid at the time of purchase.
Taxes to consider on an annual basis
Below, we outline the taxes that you will need to bear in mind on an annual basis.
Municipal Property Tax (IMI)
The IMI (Municipal Property Tax) is an annual tax whose amount is determined by the municipality where the property is located. Municipal Councils can set the IMI rate for properties within their jurisdiction, within government-specified limits. Consequently, the IMI for urban buildings can range from 0.3 percent to 0.45 percent of the Tax Asset Value (VPT), and in exceptional cases, it can reach up to 0.5 percent. For rustic buildings, the applicable rate is 0.8 percent.
AIMI (Additional to IMI)
AIMI is a post-purchase tax that applies to property worth more than €600,000. There are three levels of taxation based on property value:
- 0.7 percent tax for properties valued between €600,001 and €1 million
- 1 percent tax for properties valued between €1 million and €2 million
- 1.5 percent tax applied to property worth more than €2 million
Capital Gains Tax
Capital gains refer to the profit made from the property’s sale that may be subject to taxation. When you sell your Portuguese property, you will need to submit the purchase details to the tax authorities for a capital gains assessment. If you reinvest the total selling price in a new home, you may be exempt from capital gains tax. Our article, Property Taxes in Portugal 2024: An Overview, is a comprehensive guide to property tax in Portugal that you may find beneficial.
Additional Property Purchase Costs to Consider
When preparing to purchase property in Cascais, Portugal, it’s crucial to factor in the various one-off costs essential for the transaction. These include notary and registration fees, attorney fees, transfer tax (IMT), stamp duty fees, and potential expenses related to the land registry. Additionally, there might be fees associated with lawyers, especially if legal counsel is sought during the property acquisition process.
Below is an estimation of the additional property costs that you can expect.
- Legal fees: Anticipate legal fees ranging from €2,000 to €5,000, depending on factors such as the type of property, the price, the complexity of the purchase, and the lawyer’s experience.
- Land registry fee: A fee of €200-€250 is required for the Land Registry.
- Notary fees: Budget around €500 to €1,000 for notary fees.
Additionally, be mindful of mortgage costs if you plan to obtain financing for your property purchase.
Is it worth buying property in Portugal?
There are many good reasons for buying property in Cascais, Portugal. Some of these key advantages include:
- There are no restrictions on foreign property ownership.
- Investing in a dynamic market with a high return on investment potential
- Low cost of living compared with other countries in Western Europe
- Incredible climate with incredible summers and mild winters
- Top-quality education at international schools and high-quality healthcare services
Consider these benefits and the potential pitfalls that you may encounter during the process we explored above to decide whether Cascais is the perfect place for you to call home or invest in financial freedom.
Lifestyle in Cascais
Many lifestyle buyers have snapped up properties in Cascais, given the excellent infrastructure, stunning beaches, and world-class golf courses that you will find in the region. Also, just a short 30-minute drive and you are in the wonderful capital of Portugal, Lisbon.
For pure luxury, you’ll find several 5-star hotels and fine dining restaurants, while activity lovers will find horse-riding clubs, wellness centers, hiking opportunities, tennis courts, swimming pools, and water sports galore. Beach lovers will also be spoilt for choice by the multitude of options to spend your weekend of relaxation.
Cascais and the surrounding area is also a top location for relocating families, with no less than 13 international schools in the Cascais-Estoril vicinity as we mentioned earlier, a further seven in the Greater Lisbon Area, and eight in the city of Lisbon itself, offering a range of curricula, languages, and teaching styles.
Finding Properties in Cascais
Buying a property in Cascais is a dream for many. The seaside town perfectly blends together beautiful 19th-century architecture with modern infrastructure and facilities, with an abundance of stunning beaches close at hand.
If you are on the hunt for a charming property in Cascais, it is important to know that the real estate market in Portugal is fragmented, and there is no one location to find all the properties on the market. While you should take the time to understand the real estate market in Cascais and get to grips with property types and property prices, nothing will beat working with real estate professionals in the field when scouting out the very best Cascais homes for sale.
You should bear in mind that real estate agents in Portugal work on behalf of the buyer and will, therefore, get a higher commission for a higher sale. As such, working with a buyer’s agent can be the better option and ensure you get great value for your property. Buyer’s agents work solely on behalf of the buyer and will negotiate the best price on your behalf. From scouting out your dream property to guiding you through the property-purchasing steps, they will be by your side throughout the buying process and beyond.
Discover Your Dream Property with Goldcrest
Goldcrest is a buyer’s agent based in Lisbon, Porto, and the Algarve. Equipped with local knowledge, exclusive networks, and international experience, we provide expert, impartial advice on real estate investments and how to buy property in Cascais, Portugal.
From scouting real estate listings to finding the perfect property through to property acquisition, we have you covered throughout the process.
Our team of skilled experts is available to cater to all your real estate needs, offering insightful expertise and strategic advice. Contact us to schedule a complimentary call today.
Frequently Asked Questions about Buying Property in Cascais
Can a US citizen buy Cascais property?
As a US citizen, you are allowed to buy property in Cascais without any restrictions. Cascais, Portugal, welcomes foreign investors and has a straightforward property acquisition process.
Do I need a lawyer when buying a property?
Working with a real estate lawyer is not a strict requirement for investing in property in Cascais, Portugal. However, seeking professional legal services specialized in property law is recommended if you want to ensure your purchase process is compliant with Portuguese laws and as seamless as possible.
What are the additional fees when buying a property in Cascais?
Other costs besides the property’s asking price must be factored in. These include notary service and registration fees, attorney fees, transfer tax (IMT), stamp duty fees, and potential expenses related to the land registry.
How much do I need for a deposit payment?
The deposit for the property usually lies between 10 and 25 percent of the purchase price, depending on whether the mortgage offer is accepted. However, to be safe, non-residents and foreign buyers should budget 30 percent of the property purchase price for the deposit payment on a property in Cascais, Portugal.
Is property cheap in Cascais?
Property in the beautiful Cascais region is more expensive than in many other areas of the country. However, it is still relatively affordable when you factor in the beauty and luxury the popular coastline offers. With a bit of research and the right help, you will be able to find cheap real estate listings. In 2023, the average asking price for a house in Cascais was €5,835 per square meter.
Is buying property in Cascais Portugal a good investment?
Besides the beauty, tranquility, and safe lifestyle Cascais offers, buying property here can bring worthwhile returns on property investment through the vibrant tourism sector or rental income.
The high quality of life and activities on offer, such as the top-quality golf courses and water sports activities, add to its appeal, alongside excellent international schools, attracting families to the town and surrounding area.
Where do most expats live in Cascais?
Many English-speaking expats from around the world live in Cascais, Estoril, Carcavelos, Parede, and Alcabideche. From families seeking top international schools to retirees looking for the perfect spot to retire, Cascais continues to catch the attention of international looking for the ultimate relocation spot.
Where can I find Cascais real estate beachfront properties?
You can begin your search for beachfront properties online by visiting online listing sites and real estate agency sites in Cascais. A quick search for “homes for sale Cascais Portugal” will provide you with an overview of the market, including property types available and ballpoint property prices.
Once you have an idea of what you are looking for, your price range, and the area you prefer, contact a real estate agent for assistance with the process.
A buyer’s agent like Goldcrest will also be of great value as they will have access to exclusive listings through their network and solely work on your behalf as the buyer.
What are the pitfalls of buying property in Cascais?
There are a number of potential pitfalls when buying property in Cascais, which is why seeking the professional services of a buyer’s agent is highly recommended. Possible issues may include legal complexities with property title deeds or debts attached to the property or missing vital information pertaining to local regulations or tax laws.
Are there property taxes in the Cascais?
Foreigners purchasing property should be aware of both purchase-related and annual taxes.
At the time of purchase, you will need to pay the Property Purchase Tax/Property Transfer Tax (IMT) and Stamp Duty.
Annually, the Municipal Property Tax (IMI) is required. Additionally, if you plan to sell your property, consider the Capital Gains Tax.
What is IMT tax?
Calculated based on the property’s value or declared amount in the deed, the IMT (Municipal Tax on Onerous Transmissions of Real Estate) is a property transfer tax that needs to be paid before the purchase is completed. The property transfer tax rate varies from 0 to 8 percent based on factors like property type, location, purchase price, and intended use.
A fixed rate of 10 percent applies if the buyer is linked to territories with favorable tax schemes, known as blacklisted jurisdictions.
What are the best neighborhoods to buy property in Cascais, Portugal?
Estoril, Monte Estoril, and Quinta da Marinha are among the best neighborhoods in Cascais. You will find a wide range of homes for sale in Cascais Portugal offering luxury residences, excellent amenities, and proximity to popular beaches and golf courses.
How much does it cost to buy a house in Cascais, Portugal?
The average asking property price in Cascais reached €5,835 per square meter in 2023. Note that this is the asking price, and the sales price is often significantly lower than this as the seller aims to sell by a set date.
What are the steps to buy property in Cascais as a foreigner?
To buy property in Cascais, follow these steps:
- Determine your financing options and define your requirements.
- Find your ideal property
- Negotiate the price with the seller.
- Sign the Reservation Agreement, followed by the Promissory Contract.
- Complete the purchase by signing the Escritura (Final Deed), which transfers property ownership to you.
What are the legal requirements for buying property in Cascais, Portugal?
Foreigners can freely purchase property in Cascais or anywhere in Portugal. Key legal requirements include obtaining a Portuguese tax number (NIF), and it’s recommended to open a Portuguese bank account to reduce transaction costs. To ensure a smooth and successful buying process, it’s advisable to work with a real estate lawyer in Portugal and a real estate agent.
How to find a reliable real estate agent in Cascais, Portugal?
To find a reliable real estate agent in Cascais, Portugal, seek out agents with positive reviews, local expertise, and proper certifications. Recommendations from friends, family, and expat communities are invaluable for identifying top real estate agencies. Additionally, consider companies that have experience assisting expats in similar situations to your own.
Can foreigners get a mortgage to buy property in Cascais?
Yes, there are more than fifteen banks in Portugal that provide mortgages for foreigners in Portugal, with some of the best banks to offer financing including Millennium BCP, Novo Banco, Banco BPI, and Banco Santander Totta.
How to negotiate property prices in Cascais, Portugal?
Research market conditions, be informed about comparable property prices, and use a local agent to assist in negotiations for the best deal. Bear in mind that real estate agents work on behalf of the seller and will get a higher commission for a higher sale. As such, working with a buyer’s agent can be the more attractive option as they solely represent you and ensure you secure the best property at the best price.
What are the current real estate market trends in Cascais?
The Cascais market is experiencing steady growth, driven by high demand, limited supply, and continued high interest from international buyers.
How does the property market in Cascais compare to Lisbon and Porto?
Cascais’ property market is strong and dynamic, like the property markets in both Lisbon and Porto. Property prices in Cascais stand at €5,835 in Cascais per square meter, compared to €6,009 in Lisbon City and €4,296 in Porto City. Rental yields in Cascais stand at 5.6 in Cascais, while in the cities of Lisbon and Porto they stand at 5.2 and 5.6, respectively.
What is the process of buying luxury real estate in Cascais, Portugal?
Buying luxury real estate in Cascais involves identifying prime properties, securing financing, conducting thorough due diligence, and negotiating purchase terms. Working with experienced real estate agents and lawyers familiar with the luxury market is crucial.
How is the rental market in Cascais, Portugal for property investors?
The rental market in Cascais is robust, driven by tourism and expats. Properties near the beach or in luxury areas command higher rents. Rental yields in Cascais stand at 5.6 percent.
How do I find the best property deals in Cascais, Portugal?
Finding the best property deals in Cascais requires monitoring market trends, working with reputable local agents, and being ready to act quickly on opportunities. It is worth working with a buyer’s agent who will be able to pinpoint properties that meet your criteria, negotiate the best price on your behalf, and ensure you do not miss out on the property that has caught your attention.
How does the quality of life in Cascais impact property values?
The fantastic quality of life in Cascais has certainly driven up property prices as more foreign buyers and locals eye up property here, with world-class golf courses and water sports adding to its appeal.
Cascais offers an exceptional quality of life with its stunning coastline, safety, excellent international schools, and vibrant cultural scene. This drives strong demand, positively influencing property values.