14 January 2020
English
In the whole region of Portugal there are millionaire houses, with several rooms, with values reaching several million euros.
Probably the best known luxury region in Portugal is the Algarve.
These have natural landscapes and some of the most beautiful beaches in Europe. There are several areas of interest to invest in luxury properties, such as Vale do Lobo, Albufeira and Vilamoura. Here, investors will find prime locations for modern, stylish beachfront apartments .
However, if you are looking for a luxury apartment in Lisbon , it is worth researching the most desirable areas of the city: Chiado and Lapa. Porto , famous abroad for its wine, is an attractive city with a modern center and luxury properties, including large apartments and lofts .
But there are also other cities on the coast that attract buyers. For example, Cascais , which is just 30 kilometers from Lisbon and offers a beautiful sandy beach and a charming historic center. It is certainly a good investment if you are looking for a luxury home on the beach, but not far from the big city . Also 30 kilometers from the capital is Sintra. Located in a mountain range, the city has an elite aristocratic air and throughout history has been frequented by the Portuguese royal family .
House prices have been rising in recent years.
Currently, housing costs several million euros. Not all people are able to buy them , but still, they still have buyers and many interested parties. Want to be on the coast or inland, there are options of millionaires houses with several rooms and large areas. Depending on location and features, prices may vary.
The most expensive houses in the country are located mainly in Lisbon and the Algarve . According to the National Statistics Institute (INE), data referring to the year 2020, indicate that these areas were those that had the highest values at national level. These data indicate that the Algarve has values of 1,635 euros per square meter and that in Lisbon with the square meter reaching 1,423 euros .
In the current real estate market there are many properties that cost more than one million euros . And the ranking of the ten most luxurious houses even starts at ten million euros.
Searching the five most expensive houses, selling prices start at 14 million euros . This is the case of a villa with 11 “ suites with excellent areas in Quinta do Lago, in the Algarve, announced by S. Chaves Imobiliária. A "luxurious and magnificent property", with "luxurious gardens", installed on a land with 8,020 square meters. It also has a swimming pool, a gym, a spa , a games room, a children's playground, a tennis court and a wine cellar.
Soon after, a house also appears in the Algarve , in Silves, for sale for 14.99 million euros, announced on Imovirtual . It consists of a main house with three suites , two rooms, kitchen, a games room, seven bathrooms, swimming pool, spa and infrared room, a massage room and a cinema room and an elevator. In addition, it also has four other rooms.
Then, with a value of 15 million euros, we found a mansion in Caxias , with seven rooms. It is a property advertised at Remax and is located in Quinta do Relógio and dates back to the 19th century.
It was the residence of King D. Fernando II and currently belongs to the heirs of King D. João I and D. Filipa de Lencastre . It consists of a main building with three floors, a dining room, a library and a hunting room. There is also a secondary dining room, a kitchen, several bedrooms, a stable and a tower over 20 meters high.
At the same price, costing 15 million euros, is a mansion with 30 rooms at Beato, in Lisbon . Announced by Engel & Volkers , the property is considered “the largest palace in the city open to events with a capacity for 1,150 people”. With three floors, this palace has 12 rooms, two kitchens, a library, an attic, a party room and 20 rooms for storage.
But none of these is the most expensive house in the country. The first place is occupied by a “luxury” chalet in Cascais , for sale for 16 million euros. Listed on Lux Avenue , the property dates from the beginning of the 20th century and is located on a 7,450 square meter plot. It was completely restored in 2012 and today is spread over four floors that include:
If you are looking for millionaire houses, Buy House Portugal has Consultants with extensive experience in this matter.
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