Updated: November 20, 2025

 

Buying property in Cascais, Portugal, is the dream for many, where you’ll be welcomed by a high quality of life, excellent healthcare and education options, and an affluent lifestyle. You’re strategically located close to Lisbon, but can enjoy the perks that come with living in a charming seaside town with fabulous beaches.

Property prices currently average at €7,260 per square meter, making the seaside town one of the pricier places in Portugal, although for lifestyle buyers and expats from all walks of life, there could be no better place. 

In this comprehensive article, we offer insights into buying property in Cascais, Portugal, including navigating the essential steps to purchasing property, top locations, and how to find your ideal home.

Key Takeaways of Buying Property in Cascais, Portugal

  • Cascais is the dream location for lifestyle buyers, offering a high quality of life, modern amenities, and strong investment yields averaging 5.5 percent.
  • Property prices in Cascais stand at €7,260 per square meter, which is competitive with Lisbon and higher than Porto. Prices will depend on location, with ocean facing properties costing more.
  • There are no restrictions of international buyers and the purchasing process is largely straightforward.
  • To buy property in Cascais, you will need to get a NIF (tax number), secure financing (if desired), find your ideal property, sign the Promissory Contract (CPCV) and Final Deed (Escritura)
  • Working with a local real estate agent or buyer's agent and a real estate lawyer will help you with the buying process and due dilligence.
  • Take into account Property Purchase Tax (IMT) and Stamp Duty, and additional fees, such as Notary fees (€500-€1,000) and Land Registry fees (€250).

Why buy property in Cascais?

Whether you’re in search of a private detached house with a swimming pool in a quiet suburb or a modern apartment by the coast, Cascais offers property listings that cater to every lifestyle.

Homes for sale in Cascais, Portugal, have the added benefit of being in proximity to the country’s capital city of Lisbon (just a short 30-minute drive away), with popular beaches, and 20  excellent international schools.

Key reasons to buy property in the Cascais region

Buying property in Cascais  

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.

  • Relaxed pace of life and perfect location for lifestyle buyers
  • Cost of living is still competitively affordable when compared to luxury hotspots in other European countries
  • World-class beaches, golf courses, and fine-dining restaurants
  • Quality social infrastructure, including excellent healthcare and education opportunities, with 30 highly-rated international schools
  • Water sport activities, proximity to the stunning Sintra-Cascais Natural Park, and close to Lisbon, Portugal’s cosmopolitan capital
  • A thriving property market with high rental yields and strong long-term capital appreciation
  • Incredible climate with incredible summers and mild winters
  • Range of property types, including modern apartments, luxury villas, detached houses, townhouses, and plots of land in the surrounding area, catering to all buyer profiles

In 2025, Cascais remains a smart move for property investors looking to secure a strong return on their purchase, but also for families, lifestyle buyers, and second-home and relocation buyers looking to have the very best of Portugal on their doorstep.

You can keep up to date with the latest from Cascais on the Cascais Municipality (Câmara Municipal de Cascais) website. If you are seeking to rent out your property in the short term, you will need to apply for a short-term letting (Alojamento Local / AL) license.

Real estate in CascaisCurrent trends in the Cascais property market

The Cascais property market in 2025 is characterized by steady market growth, with the luxury market taking center stage. There is high demand for properties from both locals and foreign buyers, accounting for price increases.

Prices in Cascais have risen by 30 percent between 2022 and 2024, from €5,563 in 2022 to €7,260 in 2024, and they continue to rise in 2025. Key trends for 2026 include continued international demand and focus on luxury properties and eco-friendly homes.

Cascais welcomes international investors and expats with excellent infrastructure, top amenities, and high-quality healthcare and education. The seaside town is a vibrant hub with an array of bars, dining delights, and a pulsating nightlife, radiating an irresistible holiday charm and making it one of the best property purchase opportunities in 2025 for those seeking a profitable return or a well-rounded luxurious lifestyle on the Portugal coast.

For those eyeing Cascais real estate investment properties with plans to rent the home out during the popular summer holiday season, Cascais boasted a commendable 5.5 percent growth in gross rental income yields in the same year.

Can foreigners buy property in Cascais?

Foreign buyers and expats are free to buy properties in Cascais or anywhere in Portugal. The Portuguese government actively encourages foreign ownership, and the buying process is largely straightforward and transparent.

Residency for non-EU nationals

If you want to relocate to Portugal as a non-EU citizen, you will need to secure residency. Popular residency pathways include the Portugal Golden Visa* (for investors), D7 Visa (for retirees), D2 Visa (for entrepreneurs), and Digital Nomad Visa (for remote workers), which are popular options. You also have the HQA Visa for highly qualified individuals. After successfully getting your visa, you will need to schedule an appointment with AIMA to get your residence permit.

*Note that the Golden Visa property route was eliminated in 2023, but the program continues with non-property routes, such as investments into cultural production, job creation, and investment funds.

Tip: Proof of accommodation, whether renting or buying, is often a requirement to secure a visa. 

We can help you secure your ideal property investment

Find out how Arrow Icon

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. You will also find charming townhouses and land for sale in the surrounding countryside, should you be interested in building your home from scratch.

GC-ICON-95Cascais and Estoril

You will find a selection of properties in Cascais and Estoril, ranging 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.

Birre, to the northeast of Cascais, is also a good option, with slightly more affordable properties available here, while Costa da Guia offers fabulous oceanfront properties. To the east of Cascais, Quinta da Marinha is a big talking point at the moment and home to stunning luxury properties, including a recent build from footballing legend Cristiano Ronaldo.

GC-ICON-95São 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.

GC-ICON-95Alcabideche

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 option for renting your property.

GC-ICON-95Carcavelos 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 and it is easy for residents to commute to Lisbon when needed.

Looking to relocate to Cascais? We have you covered

Click here Arrow Icon

How much does it cost to buy property in Cascais?

According to Confidencial Imobiliário, the Portuguese property market intelligence unit, the average property price in Cascais reached €7,260 per square meter in 2024.

Properties further from the coast and town center will be more affordable, with the property’s location, size, and amenities heavily influencing the price.

How to Buy Property in Cascais: A Step-by-Step Guide

Below, we guide you through the essential steps and legal intricacies involved in buying property in Portugal as a foreigner and making your foreign property ownership dreams a reality – from finding and financing your ideal property to negotiating the best deal and securing your dream home.

The first step is to get a NIF (Portugal tax number) from your local tax office (Finanças/AT office), which is needed to open a bank account and for all significant financial transactions in the country. You will need to have a fiscal representative obtain your NIF on your behalf if you are a non-EU national. Also, we recommend opening a Portuguese bank account to save on transaction fees.

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.

Correct documentation

When buying property in Portugal, make sure you have all the correct documentation. For this, a real estate lawyer will be helpful, ensuring that you have all the required documents, such as the Energy Certificate. They will also be able to review the contracts and conduct due diligence on the seller and the property.

How can I finance my property in Cascais?

As a foreign buyer, you will also be able to secure financing in Portugal. There are more than fifteen banks offering Portuguese mortgages. At present, mixed-rate mortgages are the most common option, while Portugal also offers fixed and mixed-rate options. The general LTV for non-residents in Portugal is 60 to 80 percent, with residents being able to borrow up to 90 percent.

Find out more about the bank valuation process, early repayment rules, and interest types on mortgages in our article: Mortgages in Portugal.

Work with property experts for a successful purchase

Real estate lawyer: It is essential to have a real estate lawyer in Cascais to assist with due diligence checks on both the property and the seller. They will ensure you face no legal obstacles, assist with bureaucracy, and contract reviews to ensure everything is in order.

Real estate agent or buyer’s agent: It is important to have a buyer’s agent or real estate agent to help you find your ideal property and negotiate the best price. 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 a better option and ensure you get great value for your property.

Make sure the real estate agent or buyer’s agent you work with has an AMI license from IMPIC, a license required to conduct real estate brokerage in Portugal.

Take a look at our definitive guide to buying property in Portugal

Click Here Arrow Icon

Finding Properties in Cascais, Portugal

If you are on the hunt for Cascais property for sale, it is important to know that the property market in Portugal is fragmented, and there is no one location to find all the properties on the market. A property finder in Portugal, such as a buyer’s agent, can find different listings and show you accommodations that aren’t listed publicly yet. They scout out the very best Cascais homes for sale based on your budget and long-term goals.

Best areas for different buyers

The best area for you in Cascais will depend on your priorities, lifestyle, and property goals. Central Cascais offers a vibrant lifestyle where you will be close to top restaurants, nearby beaches, and all the amenities that you could ask for.

Luxury buyers: Estoril is the ideal location for those seeking luxury properties, while further north, in Cascais, you’ll find exceptional spots for surfing close to Guincho beach, and also be close to the Cascais-Sintra Natural Park.

Proximity to Lisbon: For those seeking to be closer to Lisbon, then Carcavelos and Parede could be better suited to you, where you’re within easy striking distance of the Portuguese capital.

Families: For families seeking to relocate to the Cascais area, you’ll find 20 international schools in the Cascais Area, with the proximity to the sea and outdoor activities enabling you to spend quality time with your family throughout the year.

Retirees: Retirees will find lovely, quiet spots a little further back from the coast and gated communities in Quinta da Marinha for exceptional beachside living.

What taxes and fees apply when buying property in Cascais?

Foreigners purchasing property should be aware of the taxes they need to pay at the time of purchase and on an annual basis. Additionally, if you plan to sell your property, consider the Capital Gains Tax.

Taxes at the time of purchase

At the time of purchase, you will need to pay the following taxes alongside transaction costs.

  • Property Purchase Tax/Property Transfer Tax (IMT): 0-8 percent, depending on price, location, property type, and intended use. 10 percent flat rate if there is a connection to a blacklisted jurisdiction.
  • Stamp Duty (Imposto de Selo): 0.8 percent of the property value or the property deeds’ total value.

Annual taxes

  • Municipal Property Tax (IMI): Rate ranges from 0.3-0.5 percent for urban properties and 0.8 percent for rural properties.
  • AIMI (Additional to IMI): AIMI is charged on property assets with a High Tax Asset Value (VPT) of more than €600,000, ranging from 0.7 percent to 1.5 percent, depending on the property value.

Tax considerations

Portugal’s tax system can offer advantages to buyers. For example, there is no inheritance tax in Portugal, so the death transfer itself is not taxed. However, if, by inheritance, someone who is not a spouse, ascendant, or descendant receives property, there may be a stamp duty.

Alongside this, you will find exemptions when it comes to capital gains if selling your property and re-investing in the Portuguese property market.

We highly recommend speaking with a tax consultant to understand the tax benefits of buying property in Cascais to optimize your tax affairs.

Additional costs

Alongside the property price and property taxes, you will need to factor in the following property purchase costs when buying property in Cascais, Portugal:

  1. Notary fees: Around €500 to €1,000
  2. Registration fees: €250 to register the property in your name with the Land Registry (Conservatória do Registo Predial)
  3. Legal fees: Legal fees will cost you around €2,000 to €5,000, depending on the type of property, price, and complexity of the purchase.
  4. Utility costs: You should also factor in utility costs of around €133 for an 85m2 apartment.
  5. House owner association (HOA) fees (if applicable): If buying property in a condominium, make sure to ask about house owner association fees.

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 property purchases and how to buy property in Cascais, Portugal.

From scouting property listings and finding your perfect property through to property acquisition, we have you covered throughout your Cascais property purchase, and beyond. We can also help you find rental properties in the Cascais area with our rental search service.

Our team of skilled experts is available to cater to all your property needs, offering insightful expertise and strategic advice. Contact us to schedule a complimentary call today.

Frequently Asked Questions about Buying Property in Cascais

As a US citizen, you are allowed to buy property in Cascais, along with property anywhere else in Portugal, without any restrictions. Cascais, Portugal, welcomes foreign investors and has a straightforward property acquisition process.

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.

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.

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.

Property in the beautiful Cascais region is more expensive than in many other areas of the country. In 2024, the average asking price for a house in Cascais was €7,260 per square meter.

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 more affordable and cheap property listings.

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 individuals looking for the ultimate relocation spot.

A buyer’s agent or a real estate agent in Cascais can help you find properties near the coastline. They have access to exclusive listings in the local area and around the country, with property prices tailored to your needs.

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.

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.

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.

The average asking property price in Cascais reached €7,260 per square meter in 2024. 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.

To buy property in Cascais, follow these steps:

  1. Determine your financing options and define your requirements.
  2. Find your ideal property
  3. Negotiate the price with the seller.
  4. Sign the Reservation Agreement, followed by the Promissory Contract.
  5. Complete the purchase by signing the Escritura (Final Deed), which transfers property ownership to you.

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 Cascais and a real estate agent.

To find a reliable real estate agent when looking for houses for sale 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.

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. 

You can use our handy Portugal Mortgage Calculator to work out your loan to value and how much you can borrow.

The Cascais market is experiencing steady growth, driven by increasing demand, limited supply, and continued high interest from international buyers.

Cascais’ property market is strong and dynamic, like the property markets in both Lisbon and Porto. Property prices in Cascais stand at €7,260 in Cascais per square meter, compared to €6,934 in Lisbon City and €4,883 in Porto City. Rental yields in Cascais stand at 5.5 in Cascais, while in the cities of Lisbon and Porto they stand at 5.2 and 5.9, respectively.

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.

The rental market in Cascais is robust, driven by tourism and expats. Properties near the beach or high-end luxury properties for sale in Cascais command higher rents. Rental yields in Cascais stand at 5.5 percent.

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.

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.

Yes, there are 20 international schools in Cascais and Estoril, offering a range of teaching styles, curricula, and languages. International schools here include St George’s, St Dominic’s, and King’s College.

The closest airport to Cascais is Lisbon Airport, which is about a 30-minute drive away.

You will face no restrictions on buying property in Cascais as a foreigner, with the process largely straightforward. It is best to seek expert advice if you are unfamiliar with the buying process and you should work with a real estate lawyer to ensure your adhere to all legal regulations.