The Portuguese Riviera extends from western Lisbon to Sintra, and is one of the most expensive coastal areas in the country. Among the cities that make up this beautiful area, Cascais is particularly prominent for its chic tropical landscape and luxurious quality of life. From co

Portugal Riviera extends from Lisbon west to Sintra, and is one of the most expensive coastal areas in the country. Among the cities that make up this beautiful area, Cascais is particularly prominent for its chic tropical landscape and luxurious quality of life. From colorful Portuguese-style mansions to new modern beachfront apartments, Cascais has something for everyone.

With its international schools, efficient public transportation system, and parks and beaches, the region continues to attract international investors and expatriates. One of the most attractive features of living in Cascais is that you can enjoy the luxurious Riviera lifestyle – palm trees behind and sunny beaches are everywhere – while also enjoying the cost of living which is still below the international market average.

In addition, Cascais is 45 minutes away from the capital, so many professionals and families choose to live in the area and work in Lisbon, which can be the best of both worlds.

Despite the current economic climate, the Portugal's real estate market remains stable and liquid. In Cascais, the property remains high, especially in the luxury sector, as demand continues to exceed supply. The region continues to attract international investors, expats and natives of Portuguese. According to the JLL Q2 Market Pulse Report, the real estate costs in the Cascais/Estoril area remain stable at an average selling price of 8,000 to 10,500 euros per square meter, with the upper limit representing the average selling price of new buildings or high-end properties. In addition, in the second quarter of this year, the median home rent in Cascais district increased by +19.6% compared with last year.

Real estate demand in Cascais is not expected to decrease, as buyers in this segment are often high-income families who will turn to gold real estate investments during a period of high inflation. In addition, as these investors are less affected by rising mortgage rates, interest in the Cascais real estate market is expected to continue. Therefore, considering the robustness of the Portuguese real estate market, purchasing property in the Portuguese Riviera should be considered a long-term investment.

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