Alcabideche - Cascais - Cascais and Estoril

Nestled within the verdant hills of Serra da Sintra, Sintra is a picturesque town in the Lisbon District of Portugal. Rich in history, it is renowned for its 19th-century Romantic architecture, historical estates, and well-preserved gardens. Visitors to Sintra are mesmerized by landmarks such as the Pena Palace, the Moorish Castle, and Quinta da Regaleira, which are testimony to its opulent past. Located approximately 30 kilometers northwest of Lisbon, Sintra offers a serene escape from the bustling city life.

The Exclusive Property Market in Sintra

The luxury property market in Sintra is currently stable, attracting international buyers with its unique combination of historical charm, natural beauty, and proximity to Lisbon. Demand for luxury homes outweighs supply, making the market competitive for potential buyers seeking exclusive properties. This appeal lies in the town's idyllic setting and refined lifestyle, which lure those looking for both permanent residences and vacation homes.

Political and Economic Stability

Sintra enjoys a stable political and economic environment, providing a secure investment opportunity for real estate buyers. The region is governed under the Portuguese administrative system, which is known for its stability and support for economic growth, further enhancing its attractiveness to international investors.

Real Estate Commissions and Additional Costs

When purchasing a luxury home in Sintra, buyers typically pay a real estate commission of around 5% of the purchase price. Sellers can expect similar fees. Buyers should also budget for additional costs such as a property transfer tax, which varies based on the property's value, but is generally between 6% to 8%. Notary fees and possible inspection or legal costs may also arise based on individual circumstances.

Taxes on Property and Profit

Portugal levies a wealth tax on properties valued over €600,000, though specific rates apply. While capital gains tax does not generally apply to the sale of a primary residence if the proceeds are reinvested in another property in Portugal, profits from the sale of a second home are taxable. Corporate profits are taxed at a rate of 21%, and personal income taxes for residents range from 14.5% to 48% depending on income level.

Mortgage Requirements

In Sintra, banks usually offer mortgages covering up to 70% of the property's value to non-residents and up to 90% for residents, given financial stability and income requirements. A detailed financial assessment is required, analyzing the borrower's ability to repay the mortgage.

Prestigious Residential Areas

In Sintra, luxury homes are particularly sought after in areas such as Colares, São Pedro, and the exclusive suburbs surrounding the historic center. These locales offer privacy, expansive views, and proximity to cultural landmarks.

Connectivity and Accessibility

Sintra is well-connected by road and rail, with frequent trains linking it directly to Lisbon, approximately 40 minutes away. The town is easily accessible from Lisbon Portela Airport, about 40 minutes by car, and Humberto Delgado Airport, offering both national and international flights.

Educational Institutions

Sintra and its vicinity boast excellent educational facilities including the American International School of Lisbon and several reputable local institutions providing quality education and training opportunities.

Natural Beauty and Climate

Surrounded by lush greenery, Sintra's landscape is a blend of forests, hills, and the nearby Atlantic coast. Its temperate climate ensures mild winters and pleasantly warm summers, ideal for enjoying outdoor activities.

Sports and Leisure

Sintra caters to a range of interests with golf courses like the Penha Longa Resort, luxurious spas, and extensive hiking trails in the Sintra-Cascais Natural Park. The area is also renowned for its surfing spots along the coast.

Shopping and Lifestyle

Offering an array of luxury boutiques and artisan shops, Sintra combines tradition with exclusivity. The town is home to high-quality hotels such as the Tivoli Palácio de Seteais and renowned restaurants like Azenhas do Mar, known for their gourmet experiences.

Cultural and Entertainment Highlights

Sintra hosts numerous cultural events annually, such as the Sintra Music Festival. It also boasts art venues like the Sintra Museum of Modern Art and cultural sites such as the Olga Cadaval Cultural Center, enriching the town’s vibrant cultural scene.

Healthcare and Public Infrastructure

Sintra's infrastructure includes excellent healthcare facilities like the CUF Sintra Hospital and other clinics, ensuring residents have access to quality medical services. Public amenities are well-developed, fostering a comfortable and convenient lifestyle.