Last updated on April 18, 2024 | Est. Reading Time: 2 minutes
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Discover the beautiful coastal town of Cascais, a former fishing village turned chic seaside resort, perfect for those seeking a luxurious and sophisticated lifestyle just a stone’s throw from the vibrant city of Lisbon. With its stunning beaches, picturesque streets, and charming properties, Cascais offers a unique blend of natural beauty, historic charm, and modern elegance.
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Color Wheel Information
Color Meaning for Price and Price m²
The BuyProperty Color wheel compares prices from other properties in the same location with the same characteristics and represents prices using our color coding mechanism.
Property is 20% less than average price
Property is 20% above or below average
Property is 20% more than average price
Color Meaning for Rental Rate Yields
We compare properties in the same area with the same characteristics with properties on popular rental websites then combine average rate for the entire year. We multiply the average rental rate by the occupancy to find the estimated yield for each property.
Yield for this property is over 5%
Yield for this property is 3-5%
Yield for this property is below 3%
Holiday rental rates shows average throughout the year. Rate will be more during the summer and less during winter in general. Estimates are based on properties being refurbished as some properties in disrepair will not be able to get rates listed.
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This opportunity is ideal for those seeking to save or generate income while purchasing property in Portugal, whether it's for personal use or on behalf of others.
How do we calculate the distress level of each property?
A distressed property typically belongs to a bank or is set for a government auction. Buyproperty extends this definition by providing a distress and stress percentage for each property across Portugal. Properties in bank ownership or scheduled for government auction receive a distress rating of 100%. Moreover, Buyproperty evaluates the stress level of all other properties using 27 unique data points. These points consider factors such as the length of time the property has been on the market, the frequency of price reductions, the property type, and whether the local area is facing price declines, among others.
Cascais is the perfect option for those seeking proximity to the vibrant Portuguese capital without being fully immersed in Lisbon’s city center bustle. From pied-à-terre apartments ideal for quick urban escapes to sprawling luxury villas complete with pools, Cascais’ real estate is as diverse as it is exclusive, all just a stone’s throw from the capital.
Equal parts cosmopolitan haven and beach town idyll, Cascais draws admiration for its sandy shores, bustling marina, and nearby natural scenery. More than just a tourist hotspot, it’s a cherished home for both Portuguese locals and expat communities alike. Every amenity an expat could desire can be found nearby – from elite international schools to prestigious golf and tennis clubs.
Speaking of beaches, Cascais has its own petite sandy stretch in the town center, while the nearby jaw-dropping Praia do Guincho offers a more dramatic seaside experience. The town itself masterfully balances a lively social scene with peaceful residential quarters. A diverse array of dining options also awaits, spanning casual pubs and seaside cafes to Michelin-star fine dining.
Despite its prestigious reputation, the real estate market here can be surprisingly affordable compared to Lisbon. Options range from great-value one-bedroom apartments and modest family homes to luxury properties comprising of penthouse apartments and dream villas.
For those seeking a way of life, coupled with proximity to the Portuguese capital’s cosmopolitan energy, Cascais truly offers the best of both worlds. No matter your budget, this exceptional coastal enclave delivers the perfect blend of oceanside tranquility and city centre charisma.