Oeiras - Cascais - Alcabideche

Carcavelos and Parede, located along the stunning coastline of the Portuguese Riviera, boast a rich history dating back to the Roman era, with significant historical contributions during the Age of Discoveries. Notable for their strategic location between Lisbon and Cascais, these towns have several intriguing historical sights, such as the Fort of São Julião da Barra, a 16th-century fortress at the mouth of the River Tagus. Situated within the municipality of Cascais, in the Lisbon District, Carcavelos and Parede have become an alluring destination for those seeking a blend of historical charm and modern luxury. With a mild Mediterranean climate, these towns offer a picturesque landscape of sandy beaches, lush greenery, and scenic ocean views.

The Current Real Estate Market in Carcavelos and Parede

The exclusive property market in Carcavelos and Parede is currently strong, fueled by high demand that outpaces the supply of luxury homes and apartments. This demand is driven by the area's sought-after location, superb amenities, and investment opportunities. The stable political and economic environment further bolsters the appeal of investing in luxury real estate here. Buyers should be prepared for competition among properties, as the market's momentum continues to draw interest.

Real Estate Costs and Considerations

When purchasing a luxury home or apartment in Carcavelos and Parede, buyers should consider additional costs such as the IMT (Municipal Tax on Transfers) transfer tax, which ranges between 6-7.5% for luxury properties, as well as notary fees and legal costs. Realtor commissions typically range from 4-6% split between buyer and seller. Sellers also need to be aware of potential capital gains taxes, particularly on non-primary residences, with the current rate being 28% on profits. Additionally, a wealth tax applies to properties with a tax value over €600,000.

Sought-After Residential Areas

Some of the most exclusive and sought-after residential areas in Carcavelos and Parede include Quinta da Marinha, Estoril, and areas surrounding the renowned Carcavelos beach. These locations offer not only stunning homes but also proximity to world-class amenities and breathtaking ocean views, making them prime choices for luxury living.

Accessibility and Proximity to Major Hubs

Carcavelos and Parede benefit from excellent connectivity thanks to their proximity to Lisbon, just 20 kilometers away. The towns are easily accessible via the A5 motorway and Lisbon-Cascais train line, ensuring convenient commutes. The nearest international airport is Lisbon's Humberto Delgado Airport, a mere 30-minute drive, facilitating effortless global travel.

Educational Excellence

Families considering relocation can benefit from prestigious educational institutions such as St. Julian’s School in Carcavelos and the Nova School of Business and Economics. These institutions cater to diverse educational needs from preschool to university level, enhancing the area's appeal to international families.

Living the Luxury Lifestyle

Carcavelos and Parede offer an affluent lifestyle with a wealth of shopping, dining, and entertainment options. Exclusive boutiques, gourmet restaurants like O Pescador in Cascais, and stylish nightlife venues provide ample opportunities for relaxation and indulgence. The area also hosts well-known events like the Novas Arcadas Wine Fest and the renowned Carcavelos wine festival.

Cultural and Recreational Amenities

For culture enthusiasts, nearby attractions include the Paula Rego Museum in Cascais and the renowned Estoril Casino. Outdoor activities are plentiful, with opportunities for surfing on Carcavelos beach, golfing at Oitavos Dunes, and scenic hiking along coastal trails. The region's well-developed public infrastructure and healthcare facilities, including the Cascais Hospital, ensure a comfortable and convenient living environment. Carcavelos and Parede present an enticing blend of history, luxury, and modern convenience, making them ideal locales for discerning real estate buyers seeking a vibrant and sophisticated lifestyle.