Situated along the Lisbon Coast, Oeiras is rich in history and enveloped in natural charm. This Portuguese municipality teems with historical sights including the Marques de Pombal Palace and its picturesque gardens. Known as the birthplace of the exquisite Marquis Chocolate Factory, Oeiras boasts a fascinating legacy in the gastronomic scene. The city's prime geographical location along the coastline offers both traditional charm and modern amenities.
Oeiras Luxury Properties: Current Market Trends
Presently, the exclusive property market in Oeiras is strong and stable fueling a steady appetite for luxury homes and apartments. Demand somewhat outpaces supply, keeping the market competitive. Geographical desirability, political stability and a thriving local economy underscore this real estate trend.
Real Estate Commissions and Additional Costs
Buyers and sellers alike pay an average real estate commission of 5% in Oeiras. In addition to this, potential homeowners must consider transfer tax, notary fees, and potential legal or construction inspection costs. Transfer tax in Oeiras on private property is approximately 6.5%.
Taxation and Wealth Tax
Oeiras levies a wealth tax on private property ownership, currently set at 0.8%. Profit from selling a privately owned home used as a main residence is tax-free, but profits made from the sale of a second home are taxable at an average rate of 28%. Corporate tax is 21% and income tax for registered residents varies, with a top rate of 48%.
Mortgage Requirements and Availability
As for mortgage requirements, they typically require a healthy balance between capital and income. Lenders usually offer up to 80% of the purchase price as mortgage.
Prime Residential Locations in Oeiras
The most sought-after residential areas include Paço de Arcos and Porto Salvo, known for their grand luxury homes. These neighborhood areas offer residents high-quality living combined with proximity to city conveniences.
Transportation and Accessibility
Oeiras is well-served by road and rail, with the A5 motorway providing fast access to Lisbon. The nearest big city, Lisbon, is only 18 km away. Oeiras is additionally near both national, Aeródromo Municipal de Cascais, and international airports, such as Lisbon Portela Airport.
Education and Amenities
Oeiras houses several renowned schools and higher education institutions such as the New University of Lisbon. Main hospitals include Luz Oeiras Hospital and Hospital Prof. Dr. Fernando Fonseca.
Richness in Culture and Lifestyle
With a population of over 170,000, Oeiras is located in the Lisbon District. It offers a variety of sports and outdoor activities, including watersports courtesy of its coastline. The city boasts luxury lifestyle shops, exclusive restaurants, high-quality hotels such as Vila Gale Collection Palácio dos Arcos. Oeiras is also known for its vibrant nightlife and hosts recurring cultural events like the Oeiras International Fantasy Film Festival. It is home to the National Museum of Science and Industry, Oeiras Municipal Library and theaters, reflecting the city's rich cultural heritage.
Public Infrastructure
Oeiras benefits from excellent public infrastructure and a wealth of amenities. Beautiful parks, a vibrant dining and shopping scene, and high-speed internet are among the perks of residing here. Its well-maintained environment, coupled with the availability of high-end medical facilities, boosts the overall livability of Oeiras.
English 
Dutch 
German 
Spanish 
French 
Arabic 
Russian