Index
- Introduction
- Tourist Attractions in Cascais
- The Booming Real Estate Market in Cascais
- The High Cost of Living in Cascais
- Monte Estoril: The Best Neighbourhood to Invest in Cascais
- Conclusion
Introduction
Located on the Portuguese Riviera, Cascais is a popular tourist destination known for its beautiful beaches, charming streets, and vibrant nightlife. However, in recent years, Cascais has also gained a reputation as an expensive place to live and visit. Despite this, the city continues to attract visitors and new residents alike, drawn in by the combination of its beautiful location and high quality of life.
Tourist Attractions in Cascais
Cascais is home to a number of tourist attractions that draw visitors from all over the world. One of the main draws is the city’s stunning beaches, which are known for their clear waters and soft, golden sand. There are several beach clubs and restaurants located along the beachfront, making it easy to enjoy a day in the sun.
In addition to the beaches, Cascais is home to a number of cultural and historical landmarks. The Cascais Citadel, for example, is a well-preserved fortress that dates back to the 14th century. Visitors can take a tour of the citadel and learn about its history, or simply admire the views from the top. Another popular tourist attraction is the Boca do Inferno; a natural rock formation that has been formed by the sea over the centuries.
The Booming Real Estate Market in Cascais
In recent years, Cascais has become increasingly popular as a place to live, particularly among those who want a place close to the beaches and the city of Lisbon. This has led to a boom in the real estate market, with prices for both residential and commercial properties rising steadily. Many people are attracted to the city’s high quality of life, as well as its proximity to other major cities and airports.
The High Cost of Living in Cascais
Unfortunately, the high demand for real estate in Cascais has also contributed to the city’s high cost of living. Rent and property prices in the city are some of the highest in Portugal, and the cost of living in general is also relatively high. This can make it difficult for those on a budget to afford to live or visit Cascais, although it is still possible to find more affordable options if you look hard enough.
Monte Estoril: The Best Neighbourhood to Invest in Cascais
One neighbourhood that is particularly popular for real estate investment in Cascais is Monte Estoril. Located just a short distance from the city centre and the beach, Monte Estoril offers a more upscale and peaceful atmosphere than some of the other neighbourhoods in Cascais. It is home to a number of luxury villas and apartments, as well as several high-end restaurants and shops. While property prices in Monte Estoril are among the highest in Cascais, the neighbourhood is considered a safe and desirable place to invest.
Conclusion
Overall, Cascais is a beautiful and desirable place to live and visit, with a rich history and a lot to offer tourists. However, it is also an expensive city, with high costs for both real estate and the cost of living in general. Despite this, many people are still drawn to the city for its beautiful location and high quality of life, and the real estate market shows no signs of slowing. If you’re considering a visit or a move to Cascais, be prepared for the high costs that come with living in this popular destination.