Prices of real estate for sale in Sintra are very close to the limit of 500 thousand euros needed to obtain a Golden visa. Sintra is one of the largest cities in Portugal. Its history goes back over 11 centuries. The city is located in the south-west of the country, 28 kilometers from Lisbon. The proximity to the capital makes this city an attractive place for investors and individuals. Sintra is located on the hills at the foot of the mountain of the same name and is listed as a UNESCO World Heritage Site. In Sintra there is everything you need for a comfortable life and rest. Parks, beaches, fishing, golf and surfing and many historical sites attract millions of tourists from all over the world every year.
The peak tourist season falls in July-August. At this time in the city there are various carnivals and festivals. Having an apartment in Sintra is an important privilege. After all, this city has long been a favorite place for the rest of the Portuguese kings.
The Portuguese government strictly monitors the preservation of the historical appearance of cities, while maintaining the harmony of its appearance. Apartments in the city center and its environs are offered for sale at a price from 500-550 thousand euros. It is clear that the closer to the center or the ocean coast is located apartment, the higher will be its price. However, the cost of the apartment will pay off in a short time due to rental income.
To take advantage of the privileges of Golden Visa, many investors prefer to invest in the real estate market of Sintra. This choice can be explained by the fact that the city has an obvious investment profit in both the short and long term. The proximity to the capital, developed tourist and transport infrastructure and relatively low average market prices for real estate make Sintra an ideal place for investment.
Apartments for sale in Sintra
Prices for apartments for sale in Sintra vary depending on the location of the building, its area and comfort class (standard or deluxe). Apartments that foreign investors acquire are a regular source of income. In particular, apartments have an annual rental income of about 45-50 thousand euros. From this point of view, it is beneficial for investors that the tourist flow in the region where they buy an apartment is large all year round. Sintra is definitely such a place. In cases where an investor places a purchased apartment for rent, he covers most of the costs within 5 years.
Apartments for sale in Sintra are a commercial source of income, the cost of which is constantly growing. The city has a great demand in the real estate market, including due to its proximity to Lisbon.
Sintra is located in the south-west of Portugal and has, perhaps, one of the most beautiful views of the ocean. The average price of an apartment with an area of about 120-150 m² is 500-600 thousand Euro. The apartments have modern interior and unique interiors. In addition, apartments also have large balconies or terraces with a panoramic view of the city or ocean. Thus, the purchased property turns into a profitable investment with tax benefits offered by the Government of Portugal.
Villa for sale in Sintra
The local property market also offers villas for sale in Sintra. The average price of such a proposal is 1 million euros and more. Luxury villas located in the most prestigious areas are at the level of 5-6 million euros. As a rule, each villa has a large garden, swimming pool, and a panoramic view of the ocean or city.