Lisbon Coast has real estate to suit all buyers and with all budgets
The coastal areas from Lisbon city past Oeiras beaches along to Cascais and Estoril where you will find the best coast villas in Portugal.
The Lisbon coast with it array of easy and cheap transport links makes living the city life and beach life very easy, and cheap! The Lisbon lifestyle is simply unbeatable.
Discover the historic city of Lisbon and the Portuguese favourite Lisbon Coast here at Propertylisbon.com, search for both information on the towns of the Lisbon coast and Property for sale in Lisbon and the surrounding areas, such as Estoril, Cascais villas and also the blue coast (Setubal Peninsula).
Lisbon is the capital city of Portugal with a total population of 3million inhabitants within the the urban limits. Lisbon is also one of the oldest cities in the world predating other European cities such as London , Paris and Rome by hundreds of years. The Lisbon coast region is the wealthiest in Portugal with the largest employment sector being services and administration followed by tourism which has been rising rapidly during the past five years.
Lisbon airport carries approximately 13million passengers per year and hotel occupancy rates for the city average above 80%. Located on the western coast of Europe Lisbon enjoys a Mediterranean climate with mild winters and average 300 days of sunshine per year. The city is also known as the “Lusophone capital of the world” which refers to all the Portuguese speaking countries globally.
Lisbon is blessed as the only European capital located so close to sandy beaches. the Lisbon coast offers beautiful beaches that range from sheltered little coves to miles of dune-backed sands. Most of them are clean and fly the European Union Blue Flag for excellence and are ideal for a refreshing day in the sun.
Lisbonites usually head to the beach every chance they get, on holidays, weekends, or even for an hour or two after work, including in the winter months, if only to gaze out at the sea.
Along the railway line linking Lisbon to Cascais are several broad beaches that attract working-class locals and that are usually packed in summer (especially Carcavelos property which is popular among local youngsters who play beach soccer, and Tamariz in Estoril property).
In the center of Cascais are Praia da Conceição and Praia da Rainha. These are within 20 to 30 minutes from the capital, ending at Guincho, a beautiful beach known world-wide for surfing.
Currently undergoing a major urban regeneration program the city centre is attracting many high net worth property investors. Key areas of interest in the centre are Chiado, Bairro Alto, Principe Real, Avenida Liberdade and Baixia. Requalified / Renovated historical buildings in the above areas have a sales value of between €3,500 – €5,000 per m2. In the suburbs popular zones include Cascais, Estoril and Sintra. All of the above are within 15 minutes of the city centre and have easy access and good transport links. Cascais & Estoril are where the closest Lisbon beaches are and also where the majority of the Lisbon golf courses are located. Sintra is a Unesco world heritage site and is one of the most beautiful and historical zones in Portugal.
Real estate values in the prime zones in and around Lisbon city are stable whilst long term rental yields have been increasing yearly with 7% – 9% yields generally realised today. Secondary zones have seen a decrease in property values due to tightened bank finance and are expected to contract further over the next 18 months. This is one of the main factors in the increase of rental yields in the prime zones.
The market for short term holiday lets has increased dramatically over the past five years and city centre apartments can realise up to 10% – 15% yields subject to suitability and location. The most popular property types are historical renovated buildings within walking distance of the attractions of the city.