Updated: November 21, 2024

 

While investors and property buyers may flock to Lisbon, Porto, and the Algarve, there is much more to Portugal that first meets the eye. One such location is Tróia, located just a short drive to the south of the Portuguese capital. For those on the hunt for an unrivalled luxury experience in Portugal, look no further!

An Overview of Tróia

The Tróia Peninsula provides tranquility, luxury, and elegance in equal measure, with golden beaches, fine dining experiences, and stunning properties up for grabs. Perched on the Atlantic Coast, north of Comporta, and to the south of Lisbon, the Tróia Peninsula has become one of the most sought-after locations for discerning buyers and those looking to make the most of some of the best activities in Portugal, from golfing to watersports .

You are also within striking distance of the Sado Estuary, one of the most picturesque natural reserves in Portugal, where, on a good day, you may be able to see dolphins. The climate is mild all year round, with the seaside resort boasting one of the most famous casinos in Portugal, a bustling marina, and a crystal-clear ocean to enjoy all year round.

Tróia Real Estate Market

Investors looking to snap up a slice of real estate with high returns also have their sights set on Tróia, with this part of Portugal set to see a sustained boom in interest over the coming years. With high-end amenities, and potential for strong returns, below we outline property prices in the areas and key factors that make Tròia a top investment location to consider.

GC-ICON-40Property prices in Tróia

Tróia is a peninsula located in the Grândola Municipality (parish of Carvalhal), next to the Sade River Estuary. The average asking price for property in Grândola stood at €5,830 per square meter in 2024. It’s worth bearing in mind that this is the average asking price and prices can be higher than lower than this, although usually the price will be lower as the seller aims to sell be a set date.

If you are looking to snap up a luxury property, except prices to be considerably higher than this. To provide you with a couple of examples, properties ranging from €300,000 for a three-bedroom 110 square meter detached villa to close to €15,000,000 for a 923 sqaure meter four-bedroom beachfront villa.

When it comes to property prices in Tróia, and Portugal as a whole, you’ll find them to be quite reasonable compared to the equivalent properties in other Western European countries, where you will be able to stretch your money further.

GC-ICON-93Tróia property types

Portugal real estate has options for any buyer, whether you are a property investor, retiree, young professional, or are moving to the country with family.

From stunning villas to large mansions, you’ll find all sorts of property types in Tróia. You’ll also find a wide selection of luxury apartments, with a few penthouses offering unrivaled views of the Atlantic Ocean. Further from the coast, you’ll also come across country estates, spacious houses, and farms for sale in the area. In short, whatever you are looking for, you are sure to find your ideal property in the region.

GC-ICON-76Investment potential

Portugal has steadily moved into contention as one of the prime countries to invest in luxury real estate, with the Algarve and Porto both being identified as two of the fastest-growing luxury markets in the world, according to Knight Frank’s The Wealth Report.

Tróia, and the southwest in general, for example with Comporta, known affectionately as the “Hamptons of Europe,” are catching the eye of investors looking to secure a nice return on their investment. Below, we outline a few of the key reasons.

  • Highly desirable location: With close proximity to Lisbon and Setúbal, and direct access to some of the most gorgeous beaches in the country, you are well-positioned to enjoy the very best of Portugal, while being able to enjoy privacy and exclusivity.
  • Growing demand for luxury properties: Home to a wide selection of upscale developments, including villas and resorts, demand in the luxury real estate segment is increasing, driven by high net-worth property buyers and lifestyle-focused investors. Famous designers and celebrities have increasingly been captivated by or snapped up properties here including Christian Louboutin, Monica Bellucci, Paris Hilton, George Clooney, and Sharon Stone.
  • Stable rental income: Troía’s become an increasingly attractive spot for short-term holidaymakers, making it ideal for rental investments, with luxury rentals particularly in demand.
  • Capital appreciation: Given the increased boom in luxury properties and increased demand, should you capitalize on buying property in Tróia now, the property is highly likely to appreciate in capital over the years.
  • Lifestyle benefits: With a mild climate, high quality of life, array of activities, from watersports to golfing, life doesn’t get much better than living in Tróia. The casino, fine dining options, and high-end amenities add to the experience.

Want to know more about Portugal’s property market? We’ve created an ultimate guide where we cover all the bases.

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Lifestyle in Tróia

Blessed with some of the most fantastic beaches in Portugal, some of the finest golf courses, and high-end amenities at your disposal there’s a lot to do in Tróia, and residents can enjoy a high quality of life.

World-class golf courses

The Tróia Golf Championship Course, an 18-hole course designed by Robert Trend Jones Senior, is one of the best courses in the country, offering stunning ocean views, making it a must-visit for keen golfers. You’ll find a selection of top golf courses in this part of the country.

Beautiful beaches

The Tróia Peninsula marks the beginning of Portugal’s longest beach, which extends for 65 km to the town of Sines. This is one of the world’s longest uninterrupted stretches of sand and, as you can imagine, is a top selling point to lifestyle seekers.

GC-ICON-22Watersports galore

The Marina offers various watersports activities, such as windsurfing, sailing, and kayaking, perfect for water lovers.

Sado River Natural Park

Located close to the Sado River Estuary, Troia provides opportunities for eco-tourism, which includes dolphin watching, hiking, and exploring the park’s rich biodiversity.

Fine dining experiences

Seafood lovers will be in their element, with several fine dining restaurants celebrating the freshest ingredients straight from the ocean. You’ll also find a wide range of top international restaurants here.

Nightlife

With the Tróia Casino, bars, and restaurants offering a vibrant nightlife scene, revelers are sure to unwind in style after the sun sets. You’ll also be able to enjoy spectacular sunsets night after night.

GC-ICON-98Education and healthcare

There are two very good international schools in nearby Setúbal, St Peters International School Seixal and Seixal International School. The region also has excellent healthcare, with public and private healthcare options.

GC-ICON-CLIMATEClimate

Tróia has a Mediterranean climate, with mild winters and warm, dry summers. The breeze from the ocean means that it never gets unbearably hot as it does further away from the coast. Average winter temperatures hover around 8 Degrees C (46 Degrees F) to 15 Degrees C (59 Degrees F), while summer temperatures stand between the 17 Degrees C (62 Degrees F) and 29 Degrees C (84 Degrees F) mark, with July and August registering the highest temperatures.

Why choose Tróia?

Tróia is Portugal at its best. Stunning ocean views, sublime weather, world-class amenities, golf courses, and beautiful beaches. This is supplemented by Tróia’s incredible property options that look set to see a boost in value over time, and high potential to secure a strong return on your investment. If you have your eyes fixed on Portugal but are still undecided on quite were to buy, consider Tróia. You won’t be disappointed.

Goldcrest: How We Can Help You 

Goldcrest is a buyer’s agent that is based in Lisbon. We provide expert, impartial advice on real estate investments and how to buy property in Portugal. From scouting out the perfect property through to property acquisition, we have you covered throughout the process.

If you are looking to purchase property in Portugal, don’t hesitate to get in touch. Our team of skilled experts is available to solve all your real estate doubts, helping you with the property search and offering insightful expertise and strategic advice.

Why choose Goldcrest?

  • Local knowledge: With offices located across Portugal, our presence nationwide allows us to assist you personally across the country.
  • Independent service: As an independent buying agent, we do not represent any development or project. Our service is entirely tailored toward each individual client, providing you with everything you need to secure the perfect property at the best possible price. As an impartial advisor on the market, we work solely on behalf of our client and provide a service tailored to your needs and requirements.
  • Streamlined process: Our real estate agents speak English and Portuguese, and our service is completely focused on providing you with a hassle-free buying experience, saving you time.
  • Experienced team: Our expert real estate team has a vast local knowledge of the Portuguese property market. We have cutting-edge technology and metasearch tools at your disposal to provide full market coverage, ensuring the best investment choices and negotiated prices.
  • Network of partners: We have a close network of partners, including lawyers, property management services, builders, architects, designers, and landscape gardeners, again saving you time and hassle by providing you with trusted experts in their field of work.

Frequently Asked Questions about Tróia

Troia has a range of real estate options, from beachfront apartments to luxurious villas with sea views. You’ll find properties near the beach, golf courses, and in private resorts, perfect for holiday homes, permanent living, or even a tailored investment property.

Yes, Troia’s natural beauty and proximity to Lisbon make it a sought-after spot and as one of the country’s up-and-coming areas. With growing tourism, especially in summer, rental potential is strong and, given increased demand – particularly with luxury properties- real estate investments look set to increase in value over time.

Foreigners are welcome to buy in Portugal without restrictions. You’ll just need a Portuguese tax number (NIF) and its best to have a good real estate lawyer by your side. We also highly recommend working with real estate professionals to ensure you are crystal clear when jumping through the buying property hoops and to ensure you get the best possible price for your property.