Villa – Cascais, Lisbon, Portugal

1,800,000 €

£1,600,000

Total area
370 m²
Land area
1,200 m²
Bedrooms
4
Bathrooms
5

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Price per sqm increase 5.6% over 2019
Location with high rental demand
Residence permit for the entire investor's family
The opportunity to acquire Portuguese citizenship

*According to globalpropertyguide.com

Features

Golf course
Swimming pool
Garden

Excellent villa, large and with lots of natural light, as new (to debut) with swimming pool, garden and four suites in Bicuda — Cascais. Bicuda is one of the best residential areas of Cascais, between the countryside and the sea, it has everything close in a quiet environment: hotels, restaurants, golf courses, riding paths, bike paths, water sports, schools… House distribuition: On the ground floor — Entrance Hall, Common Living and Dining Room with large glass doors for access to the garden and swimming pool, open kitchen to the living room, social toilet, three suites all with wardrobes and large windows for light entrance. Stairs to the access to the 1st floor where the Master Suite is located with two balconies and two closet. The bathroom has two doors, one in front of each closet. Possibility to change the layout of the house and have a kitchen not open to the living room, as well as a dining room separate from the living room. High quality finishes foreseen: Living room and rooms with solid wood floors. Suspended ceiling throughout the house, with indirect light in the bathrooms, and box to hide interior blinds. Windows in black aluminum frames. Sun protection with interior blinds, type blackout electric hidden in the suspended ceiling. Kitchen equipped with high-end appliances. Heat pump for water heating. Air conditioning multi-split system. Totally new electrical installation as well as plumbing (water and sewage networks). Electric gate for access to the garage and parking for several cars. 3 minutes from the famous Casa da Guia, 5 minutes from the Center of Cascais, 8 minutes from Guincho Beach, 10 minutes from the best international and national schools… you can go anywhere by bike or on foot if you prefer (surrounding area with pedestrian roads and bike paths). 30 mn (35 kms) from Lisbon International Airport. The information referred to is not binding and does not require consultation of the property documentation.

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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Location right down to the building, street or city
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If this property wasn’t for you, take a look at other houses in Portugal or other luxury real estate 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.

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

You then view the property or properties you have chosen. Our partners or agents from Tranio's European offices will meet you in situ.

Transaction closure

Having chosen the best property, you will sign the sales or investment agreement (for development).

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.