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Villa – Cascais, Lisbon, Portugal

1,850,000 €
£1,676,000
  • Total area
    418 m²
  • Land area
    800 m²
  • Bedrooms
    10
  • Bathrooms
    5
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Features
  • Swimming pool
  • Garden

House T10 designed and designed by the renowned Architect Ruy d' Athouguia, with an excellent location in a very quiet and privileged area, currently with a great demand. House consisting of 3 floors, with entrance made by floor'0' through the existing patio, which is interior and is walled. At first glance it seems to be a single storey villa but, the fact is that it is projected through another 2 floors down, following the decline of the valley in the back where all this architectural work is developed. — In the patio of the main entrance, when entering, we find on our right an annex built there where there are 2 rooms with shared toilet. — Floor'0' with 5 bedrooms, two of them with balcony to the garden, and 2 toilets. — Floor'-1' with 1 bedroom with toilet, Ironing house, Kitchen, pantry and living room with balcony overlooking the back garden. — Floor'-2' with 2 bedrooms with balcony overlooking the back garden, and a shared toilet. This villa has a swimming pool that is currently buried by the owner's option, in the patio area. There is also a technical annex that previously supported the pool, i. e. where the pumps and filters were installed. This house was designed by architect Ruy d' Athouguia in 1952, who was also part of the team that designed the much talked about and internationally recognized Headquarters Building of the Calouste Gulbenkian Foundation in Lisbon. This house, well known within the great/ famous Portuguese Architects, due to its unique style for the time in which it was designed and built, and especially for the architect Souto Moura, who recognizes it is a house of excellence and a unique beauty, either in its bold design for the height, or by the fantastic and very intelligent method used in capturing sunlight, whatever the division. Since in the initial project comprised only 4 rooms, currently has 10 rooms, already counting the 2 of the annex in the entrance street, whose alteration/ use of the interior space and its original layout, may have been due to the solution that the owner thought for good so that he could house his family, which became numerous. The information referred to is not binding and does not dispense with the consultation of the documentation of the property.

Extra opportunities

The investor obtains a Portuguese residence permit by purchase of real estate worth at least €500,000. Our team at Tranio will help to make a deal remotely, collect a set of documents, and make an application.

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If this property wasn’t for you, take a look at other houses for sale in Portugal.

You can see more houses for sale in Cascais elsewhere on our website.

Get a residence permit in Portugal with property purchase from 500,000 EUR.
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    Safe haven: Portuguese residency by investment
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      How to buy property with Tranio

      Enquiry

      Send us an enquiry with an approximate description of the property or investment project you’re interested in.

      Meeting the partners

      After clarifying your enquiry, we will introduce you to our partners and/or local agents.

      Offer selection

      We will help you to select suitable options. Tranio does not charge a commission for this — the property price remains the same as if you contacted our partner directly.

      Viewing tour

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      Transaction closure

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      FAQs

      • Can I get a mortgage abroad?

        It depends on the country. For example, German banks willingly offer mortgages to foreigners at 1.5-2 % per annum with LTV up to 70%. Spain offers less favourable terms: the minimum rate for foreigners is 2.5% per annum. The situation is different in Greece: although the law does not prohibit banks from issuing loans, in practice, Greek banks don’t issue loans to local nor foreign property buyers. You can learn about the mortgage terms in your preferred country by contacting Tranio’s local agents.

      • How does the purchase procedure work?

        The purchase procedure depends on the country where you buy property. Generally, after choosing a property you need to sign a preliminary agreement with the seller and carry out a due diligence of the property by checking the relevant documents and the property's technical condition. After that, all parties sign the sales agreement and the notary registers the transaction. As a rule, the purchase registration costs amount to approximately 10% of the property price.

      • Can a residence permit be obtained by buying property?

        In some countries it is possible. Residence-for-property purchase programmes are known as Golden Visas programmes. Greece, Spain, Latvia, and Portugal offer the most popular Golden Visas in Europe. The Greek residence permit is the cheapest and can be obtained by buying a property worth at least €250,000, while organising all of the documents costs about €19,000. Certain countries offer citizenship to property buyers — for example, an investor can get their hands on a Cypriot passport by buying a property worth at least €2M.

      • Can I obtain income from a seaside apartment?

        Yes. You can use the purchased property yourself for holidays and lease it to tourists for the rest of the time. To avoid the hassle of finding tenants and cleaning the property, it’s a wise idea to hire a management company to do all the work – these services usually cost about 20% of the rent. Take into account the length of the tourist season in the location you choose: in certain regions it will be easy to rent apartments out all year round, while in others it might only be possible to do so during the high season.

      • How does Tranio make money if your service is free for the clients?

        We share the commission, which the buyer or the seller (depending on the country) pays to our partners — foreign real estate agencies. The price of this service is the same as if you contacted the agency directly — this is an important condition and applies to all of our partnership agreements.

      • Who guarantees the transaction security?

        The transaction security is guaranteed by the notary who draws up the sales agreement and checks the information on the previous and current owners of the property, any outstanding restrictions, mortgage, and third-party encumbrances. Tranio is not responsible for the parties involved in the transaction.

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