Vista de Crystal, Sesimbra
- Properties From $437,000
- Tenure: Freehold
- Est. Rental Return: 6%
- Completion: 2025
- According to a PwC report in 2023, Portugal is a very safe investment option due to its economic stability.
- Sesimbra, located 40 minutes from the Faro airport, is the third most popular area to live with expats and digital nomads. Property prices are expected to rise here due to high demand.
- Portugal is one of the most attractive destinations for foreign investment in recent years, with US buyers investing billions of dollars into the country. Portuguese real estate has one of the best price-to-rent ratios in Europe.
The Property
Siting along the Portuguese coast, the resort is a luxurious condominium integrated into the beautiful landscape of Sesimbra.
It features 46 touristic apartments with privileged views over the crystalline ocean and a set of upscale amenities, becoming a unique site to watch the lovely sunset that distinguishes the region.
Consisting of studios and 1- 3 bedroom apartments up to 1020 square feet, the apartments are designed with floor-to-ceiling windows and calm colors, to adorn the house with natural light and a peaceful atmosphere.
Facilities include indoor and outdoor pools, two bars, a reception, a health club and a spa.
Why Portugal?
- 65 million visitors per year
- House Price Growth 13.1% (2022)
- Inward Migration 750,000 (2022)
Due to a tourism boom, demand continues to outstrip supply leading to price increases in both the rental and sales sector. Forbes magazine recently voted Portugal the number 1 place to retire, due to its low cost of living, fabulous way of life, and attractive tax benefits for foreign residents. 750,000 people made Portugal their new home last year. With a population of only 10.5 million, Portugal receives 65 million visitors per year. One of the key factors that makes Sesimbra an appealing place to buy property is its location. The town is conveniently located just 25 miles south of Lisbon, the capital city of Portugal. This proximity to Lisbon provides easy access to urban amenities including: international airports, major highways, and a wide range of cultural and entertainment options.
Est. Return
- Estimated Rental Return: 13%*
- *Based on AirBnB data
Location
Located just 40 minutes from the Lisbon airport and surrounded by nature, Sesimbra is one of the most famous places in Portugal. It is generally known for its outstanding beaches and historical heritage sites, although it offers so much more than that. The jewel in Sesimbra is the Serra da Arrabida Natural Park, which offers hiking trails and spectacular landscape and ocean views. The beaches are among the best in Europe, offering miles of golden sand and a host of watersports.
Sesimbra is also known for its fish, considered some of the best in the world. There are plenty of local Portuguese restaurants where you can enjoy organic local produce. One of the most prominent natural landmarks in Sesimbra is Cabo Espichel, a cape located to the southwest of the town. Cabo Espichel offers breathtaking views of the Atlantic Ocean and is home to a historic lighthouse and a sanctuary dedicated to Our Lady of Cape Espichel. Additionally, Sesimbra is surrounded by natural parks and protected areas that showcase the region’s biodiversity.
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