Rooted in a rich history stretching back to the early periods of community formation and civilization, Loures is a charming city standing proudly in proximity to the Portuguese capital, Lisbon. Loures is renowned for the impressive Quinta do Mocho, a dynamic outdoor art gallery, and the amazing Loures Castle, a testament to medieval Portuguese architecture. Geographically, it sits close to the Tagus River, precisely in Lisbon District, providing residents with dazzling waterfront scenes. Over the years, this thriving region has evolved to offer an enviable blend of exquisite luxury, stunning landscapes and a quality of life rooted in tranquility and comfort.
The Loures Luxury Property Market
The current exclusive property market in Loures appears stable, boasting a decent selection of premium homes that attract discerning buyers from all parts of the world. The demand for luxury homes and apartments steadily matches the supply, creating a balanced market.
Political and Economic Stability in Loures
In terms of politics and economics, Loures stands as an impressively stable city, benefiting from Portugal’s overall stable political environment and progressive economic landscape.
Costs and Taxes in Luxury Real Estate Transactions
When it comes to closing a luxury real estate deal in Loures, buyers and sellers need to consider the average real estate commissions and additional costs including notary fees, possible construction inspection, legal fees and the transfer tax on private property. Detailed information on these costs is advisable to obtain from a registered local legal consultant.
Property Taxes in Loures
To understand property taxation in Loures, owners need to consider both the wealth tax applicable on private ownership of property and the tax implications of selling a house, both for primary residences and secondary/vacation homes. It's important to consult with a local tax professional for detailed and current taxation information.
Mortgage Requirements for Property Acquisition
Mortgage availability and criteria can vary largely depending on the specifics of the buyer and the property itself. Generally, the ratio of foreign to own capital and the income requirements of the potential buyer goes into determining the mortgage qualification and the maximum amount that can be borrowed.
Luxury Housing Areas in Loures
The luxury market of Loures is particularly concentrated in its prime residential areas, offering top-notch residential properties that exude exclusivity, elegance, and architectural brilliance with the most appealing being the areas around the city center.
Locale and Accessibility
Loures displays a commendable infrastructure network, connecting by road to Lisbon, and offering easy access to nearby Cascais and Sintra by rail and road. It’s conveniently located about 20km from Lisbon and only a short drive from Lisbon Portela Airport.
Schools and Institutions in Loures
Loures boasts of reputable educational institutions such as the Templar School, College of São Gonçalo, and the Polytechnic Institute of Portugal.
Nature, Climate, Sports and Outdoor Activities
The environment of Loures is blessed with scenic landscapes, mild climate and a variety of sports and outdoor activities such as hiking trails, golfing at Santo Estêvão Golf, horse riding, and Sailing on the Tagus River.
Luxury Lifestyle in Loures
Luxury lifestyle aficionados will enjoy the premium shops, high-end restaurants, stylish nightlife, and notable events that annually take place here. The local cuisine is brimming with flavors and the wine is simply exquisite.
Art and Culture in Loures
The city is culturally-rich, evident through its assortment of museums, theaters, and art galleries such as the Loures Municipal Museum and the Beatriz Costa Popular Theater.
Healthcare Services in and Around Loures
Loures has excellent healthcare facilities, including the renowned Beatriz Ângelo Hospital.
Public Infrastructure in Loures
The state of public infrastructure in Loures is highly developed, with an excellent network of roads, solid utilities provision, well-planned public areas, and modern amenities to facilitate the needs of its residents and visitors.