Nestled in the northern province of Porto, São Félix Da Marinha boasts a rich history dating back to Roman times. With a number of historical sights such as the Church of São Félix, this seaside town captures a unique blend of ancient and modern allure. Geographically, it is positioned south of Porto and offers an exquisite coastal ambiance with stunning ocean views. This region has become a prime spot for those seeking a serene yet luxurious lifestyle.
Exclusive Property Market Overview
The exclusive property market in São Félix Da Marinha is currently strong, bolstered by both local and international interest. Demand for luxury homes and apartments is soaring and often outpaces supply, making it a competitive market for potential buyers.
Political and Economic Stability
São Félix Da Marinha enjoys a stable political and economic climate, making it an attractive locale for investment. The town benefits from the overarching economic stability of Portugal, creating a conducive environment for real estate investments.
Real Estate Commissions and Additional Costs
When buying luxury property in São Félix Da Marinha, both buyers and sellers can anticipate a real estate commission ranging approximately between 3% to 6%. Buyers should also budget for additional expenses such as transfer tax (IMT), notary fees, and potential legal costs. The transfer tax varies but is generally around 6% for high-end properties. Currently, wealth tax does apply to properties valued above a certain threshold. Additionally, a capital gains tax is imposed on profits from selling a second home, but primary residences can be exempt if certain conditions are met.
Mortgage Requirements and Financing
Prospective buyers can secure mortgages up to 80% of the property's purchase price, depending on their financial profiles. Lenders typically look for a balanced ratio of own to foreign capital, alongside solid income verification.
Most Sought-After Residential Areas
Prime luxury homes are predominantly located along the coastal Avenida da Liberdade and in the upscale neighborhood of Praia. These areas offer a mix of modern villas and elegant traditional homes, attracting discerning buyers seeking exclusivity.
Accessibility
São Félix Da Marinha benefits from excellent road and rail links. It is conveniently situated about 20 minutes by car from the city of Porto, and the modern highway system makes it easily accessible. The main international gateway, Francisco Sá Carneiro Airport, is located approximately 30 kilometers away, ensuring global reach.
Education
The town is within proximity to elite educational institutions such as the University of Porto, Colégio Luso-Internacional do Porto (CLIP), and Escola Secundária de Espinho, providing top-tier education options for families.
Natural Environment and Climate
São Félix Da Marinha is adorned with stunning beaches, verdant parks, and the gentle flowing water of the coastline. The temperate Mediterranean climate graces the area with mild winters and warm summers, perfect for year-round outdoor activities.
Sports and Outdoor Activities
The town offers an array of recreational options including golf at the Miramar Golf Club, sailing, windsurfing, and hiking along scenic coastal trails. There is something for every sport enthusiast to indulge in.
Luxury Lifestyle and Shopping
São Félix Da Marinha features an array of luxury boutiques and shops, particularly along Avenida da Liberdade, offering everything from haute couture to exclusive home decor items. The nearby Arrábida Shopping Mall also offers a range of high-end retail options.
Fine Dining and Nightlife
Among the most famous restaurants are Marisqueira de São Pedro and Casarão, which boast premium seafood and Portuguese cuisine. The region's nightlife is accentuated by elegant bars and clubs such as The Black Tulip, offering sophisticated entertainment.
Cultural and Sporting Events
The annual Festa de São Félix celebrates local traditions with parades and cultural activities. Sports enthusiasts can enjoy international tennis and golf tournaments hosted nearby.
Art and Culture
Art lovers will appreciate the proximity to cultural landmarks such as the Serralves Museum and Casa da Música in Porto, both offering extensive international art collections and performances.
Healthcare Facilities
Top-notch medical care is available at nearby Hospital de Espinho and several private clinics ensuring residents have access to excellent healthcare services.
Public Infrastructure and Amenities
São Félix Da Marinha is well-equipped with reliable public infrastructure, excellent utilities, and a plethora of amenities catering to the luxurious lifestyle, making it an ideal place for exclusive property investments.
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