If you are considering buying a property in Cascais, Portugal, you are in for a treat. Cascais is a beautiful coastal town located just 30 minutes away from Lisbon, the capital city of Portugal. It offers a unique blend of history, culture, and modern living, making it an ideal location for people from all walks of life. In this guide, we will take a closer look at some of the things you need to know before you buy a property in Cascais.
Location
One of the most important things to consider when buying a property in cascais property for sale is the location. Cascais is a relatively small town, but it has several distinct neighborhoods that offer different lifestyles and amenities. For example, if you prefer a quiet, residential area, you might want to consider buying a property in Estoril. Estoril is a peaceful neighborhood located just a few minutes away from the center of Cascais. It offers beautiful beaches, golf courses, and plenty of green areas.
If you are looking for a more vibrant neighborhood, you might want to consider buying a property in the center of Cascais. The center of Cascais is a lively area with plenty of shops, restaurants, and bars. It is also home to some of the most iconic landmarks in the town, such as the Cascais Marina and the Citadel of Cascais.
Finally, if you want to be close to the sea, you might want to consider buying a property in the Cascais coastline. The Cascais coastline is a beautiful area with some of the most stunning beaches in Portugal. It is also home to some of the most luxurious properties in the town.
Property types
Cascais offers a wide range of properties to suit different budgets and lifestyles. Some of the most popular types of properties in Cascais include apartments, villas, townhouses, and land.
Apartments are a popular choice for people who want to live in the center of Cascais. They offer easy access to shops, restaurants, and bars, as well as public transportation. Apartments in Cascais range from small studios to large penthouses with stunning views of the sea.
Villas are a popular choice for people who want more privacy and space. Villas in Cascais range from small houses with two or three bedrooms to large mansions with private swimming pools and gardens.
Townhouses are a popular choice for people who want to live in a residential area. They offer a combination of privacy and community, with shared amenities such as swimming pools and gardens.
Finally, if you want to build your own home, you might want to consider buying land in Cascais. Land in Cascais is relatively expensive, but it offers an opportunity to build a custom-designed home in one of the most beautiful locations in Portugal.
Prices
The prices of properties in Cascais vary depending on the location, size, and type of property. Generally speaking, properties in the center of Cascais are more expensive than properties in the outskirts of the town. Similarly, properties with sea views are more expensive than properties without sea views.
According to data from Idealista, one of the largest real estate portals in Portugal, the average price per square meter of a property in Cascais is around €3,954. However, prices can vary significantly depending on the location and type of property. For example, a one-bedroom apartment in the center of Cascais can cost anywhere from €200,000 to €500,000, while a luxury villa with sea views can cost upwards of €5 million.
Legal requirements
Before you buy a property in Cascais, it is important to familiarize yourself with the legal requirements. In Portugal, all property transactions must be conducted through a licensed real estate agent, who will guide you through the process and ensure that all legal requirements are met.
One of the most important legal requirements is obtaining a fiscal number, or NIF (Número de Identificação Fiscal). This is a unique identification number that you will need to open a bank account, sign contracts, and pay taxes in Portugal. You can obtain a NIF at any tax office in Portugal or through a lawyer.
Another important legal requirement is obtaining a property deed, or escritura. The property deed is a legal document that proves ownership of the property and includes details such as the location, size, and boundaries of the property. The property deed must be signed in front of a notary public, or a notário, who will ensure that the transaction is legal and valid.
You will also need to pay various taxes and fees when buying a property in Cascais. These include transfer tax (IMT), stamp duty (IMT), notary fees, and registration fees. The total amount of taxes and fees can vary depending on the value of the property and the location.
It is recommended to hire a lawyer to assist you with the legal requirements and ensure that all documents and transactions are in order.
Conclusion
Buying a property in Cascais can be a rewarding experience, but it is important to consider all factors before making a decision. Location, property type, prices, and legal requirements are some of the key factors to consider when buying a property in Cascais. It is also recommended to work with a licensed real estate agent and a lawyer to ensure a smooth and legal transaction. With its beautiful beaches, rich history, and modern amenities, Cascais is a great place to call home.