Lisbon Coast - Portugal

 

Overview

North of the River Tagus is the Costa do Estoril, also referred to as the Lisbon Coast, which begins 15 kilometres west of Lisbon at Carcavelos and stretches as far as the well known Guincho beach near Cascais, a favourite haunt of surfers due to its Atlantic swell.

With its Mediterranean microclimate, the Estoril Coast enjoys mild winters and ideal summer temperatures. Some of the best beaches lie between Estoril and Cascais, famed for their calm waters and fine sand, making them an ideal venue for families, plus they offer modern facilities including changing rooms, beach tents, shades, restaurants and bars. The beaches have a different character with something to appeal to all tastes. For example, Carcavelos boasts a wide, long beach very popular with surfers and Parede is small with a high iodine content in the water, of great therapeutic value for those with bone disorders (two of Europe’s best orthopaedic hospitals are located here).

Cascais has been famous throughout Portuguese history as a haunt of kings, including many in exile and its appeal is a mix of cosmopolitan and traditional, with, inevitably in this area, great beaches, fabulous scenery and historical places of interest, including the 16th Century Fort of Cascais, or Citadel, which was one of a line of fortresses along the Tagus estuary designed to protect Lisbon from invaders.

Estoril is home to the largest casino in Europe, plus Portugal’s biggest craft fair, which is held behind the casino in July and August, offering a range of products made of wool, linen, wicker, plus ceramics and tiles. The fair is very popular with visitors who come to buy and watch the folk dancing and enjoy a range of traditional Portuguese cuisine.

This area offers so much for investors as it is one of the regions of Portugal opening up to those who want something different to the Algarve and is rapidly gaining popularity with foreign buyers, quick to see its potential for their portfolio. The appeal is very easy to understand as it is regarded by the Portuguese as their ‘Riviera’, due in part to its proximity to the elegant city of Lisbon, which adds an air of sophistication to the mix, plus an immense cultural heritage, fantastic scenery, a wealth of interesting places to visit, including seven golf courses and fabulous cuisine. This is a good time to buy in the area as the budget will stretch a bit further than the Algarve but as with any up and coming location, that situation won’t last forever.

Getting There

The national airline is TAP Air Portugal which flies from Heathrow, Manchester and Gatwick to Lisbon’s Portela Airport. You can also fly with British Airways to Lisbon from Heathrow and Gatwick, and with Monarch to Lisbon from Gatwick. From 1 March 2006, EasyJet started to operate a daily flight from London Luton to Lisbon. If you’re driving from England, the quickest route is via the Plymouth-Santander or Portsmouth-Bilbao ferries to northern Spain and then on to Portugal. In the Republic of Ireland, you can fly direct from Dublin and Cork to Lisbon Airport. From continental Europe, there are regular flights from all of the major European capitals and large cities direct to Lisbon. From Lisbon Airport it’s a short drive across to the Troia Peninsula.

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Latest Property Developments in Lisbon Coast, Portugal

Aldeia dos Capuchos

Lisbon Coast, Portugal

Aldeia dos Capuchos is an interesting product for the investor, given its natural value growth, and close proximity to the capital city, airport, golf and beaches. It represents investment of more than 250 million euros, and was recently declared by the Portuguese government as a PNI (potential national interest project). Located just outside the village of Capuchos, renowned for its exclusive character and its historic Franciscan monastery, the Convento dos Capuchos.

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