Luxury villa for sale in Praia Grande, Sintra, Lisbon
Nestled between the sea and the mountains, this 6-bedroom villa in Colares offers a rare opportunity to live in unrivaled luxury on the edge of the Atlantic Ocean, listen to the sound of the waves and smell the pleasant scent of the sea. Situated on a 2240 m2 plot of land on the sea front, the 893 m2 villa of two main floors and a basement was built in 1998 using high quality materials such as marble and French oak for the floors and flooring, as well as a central heating system, in an exceptional combination of elegance and comfort. The entrance floor comprises a 92 m2 living room with fireplace, frescoed ceilings with decorative plaster moldings and sea views, dining room and kitchen with pantry, both with direct access to the garden and pool. In addition to a study with French oak paneling and a bathroom with hydromassage shower, this floor also has a more private wing with two en-suite bedrooms. On the top floor, you'll find a master bedroom with a south facing balcony and sea views, as well as two more bedrooms with full baths. The basement, which can be accessed through the house as well as through a separate entrance, features an apartment, a multi-purpose room with wine cellar, bar, dining area, pool table and ping pong table, as well as another bathroom. Outside, in addition to a garage for three or four cars and a laundry room, you will find a well-maintained garden, a pleasant seawater swimming pool facing the sea, a terrace with barbecue and dining area and two more exits to the street.
Characteristics
Property type
Elite
Object type
Villa
Price
3 739 837 $
FAQ
How can I get a residence permit by buying property in Portugal?
In Portugal a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Sintra; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Is a mortgage available for non-residents in Portugal?
Banks in Portugal finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
What taxes and fees apply when buying in Portugal?
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
How is the title checked in Portugal?
A title search at the land registry of Portugal takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Can I rent out property after purchase in Portugal?
Yes. Rental income tax is 5–25% depending on the regime. In Sintra short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Is a property inspection recommended before purchase?
Yes. An inspection costs about 0.5–1% of the price (3 739 837 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
How long does the purchase process take in Portugal?
A typical transaction runs 30–90 days, averaging 45 in Sintra: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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