Portugal is one of the most beautiful countries in the world. We spoke with Fine & Country Portugal to answer all of your questions about what to see, do, and where to buy in Lisbon and Cascais.

Tell us about Cascais and Lisbon. What makes them special?  
Once the stomping grounds of some of the greatest seafarers and conquistadors, Lisbon’s rich history is sure to delight any tourist. The wide range of restaurants, bars, and cafes only complements the stunning architecture. You really feel like you’re in another era when you visit the Lisbon Maritime Museum or the Torre de Belem, where ships once passed through on their way to discover new worlds. One of the best ways to discover Lisbon is by touring its seven hills, and experiencing its unique beauty firsthand. 

Cascais is a delightful Portuguese fishing town that is located on the western edge of the Lisbon coastline, and is the region’s most popular holiday destination. Historically the town was a favorite with the Portuguese nobility, and today it maintains an elegant blend of traditional Portuguese charm and outstanding tourist facilities. These factors combine to make a great holiday destination and an enjoyable day trip from Lisbon (which is less than 20 minutes away by train). The pretty historic center of Cascais is filled with family owned restaurants, open-air cafes and stylish bars - ideal for relaxing during the hot summer days or socializing late into the night.

What are the most sought-after areas?
Quinta da Marinha and Quinta Patino are two of the most sought-after areas of Lisbon and Cascais. Quinta de Marinha is located in the cosmopolitan Cascais area. The resort and residential development has two 18-hole golf courses as well as four 5 star hotels, as well as an equestrian center, a tennis club and a modern health Club. Quinta Patino is an equally luxurious and secure residential development. Residents have access to a private gym, the gardens, social facilities and tennis courts. 

What are the hottest and coolest months?
August is the hottest month in Cascais with an average temperature of 23°C (74°F) and the coldest is January at 12°C (53°F). The best month to swim in the sea is in August when the average sea temperature is 21°C (70°F).

July is the hottest month in Lisbon with an average temperature of 24°C (74°F) and the coldest is January at 11°C (52°F). The best month to swim in the sea is in September when the average sea temperature is 20°C (68°F).

What are the best schools?
Lisbon and Cascais have many wonderful schools, including (but not limited to: The Boaventura Montessori School, the Carlucci American International School of Lisbon, the Deutsche Schule Lissabon - (The German School), and the Externato Sueco - Svenska Skolan i Lissabon (The Swedish School), among many others. Please get in touch with our office in Portugal for more information.

How much do properties cost in Lisbon?
In the prime areas of Historic Lisbon, apartments very from €6,000 per square metre to over €10,000 per square metre. A spacious one-bedroom apartment sells for around €600,000, whereas a luxury three-bedroom apartment around sells for around €1,200,000.

What properties are the most in demand?
In Historic Lisbon and the Central Business District of Lisbon the demand is almost exclusively for one-, two-, and three-bedroom apartments. In Cascais, most buyers are looking for luxury two- and three- bedroom apartments, as well as for three- and four-bedroom villas with gardens and pools. 

How do you apply for a Golden Visa and what is it?
The Portuguese Golden Visa is an opportunity for international (non-EU) investors to gain residency or citizenship in a European country. In Portugal, the residency is issued if you purchase a property of at least €500.000. By investing €500.000 in a property, the buyer can immediately apply for residency. Normally, it takes 20 days to issue and it applies for all immediate family members. The visa is renewed every two years, provided the investment is maintained and the holder of the visa spends a minimum period of time in any of the 26 Schengen countries. Eventually, the investor can apply for permanent residence and ultimately citizenship. 

In summary: 

• Minimum investment €500,000

• Land, Residential or Commercial property

• Residency granted for one year then renewable every two years

• No limitation on use or ownership. Freedom to rent or lease

• Ability to travel freely within EU Schengen visa zone

• Permanent residency can be applied for after 5 years

 

Finally, what advice would you give to anyone thinking of moving to Portugal?

Ensure that you have a reliable and knowledgeable real estate agent, and view a number of properties within your requirements and budget. Remember that prices are always negotiable. Appoint a reputable lawyer, and never give any money to the vendor except with the express authority of your lawyer. Lastly, have a wonderful time living in one of the most beautiful countries in the world. 

 

 

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