ABOUT THE LOCATION
Located just 20 minutes drive from Lisbon, Costa da Caparica offers a stunning 26km coastline of golden sands, inviting Atlantic waves, and unspoiled natural beauty.
Once a quiet, under-the-radar escape for Lisbon’s locals, the area has experienced a remarkable transformation over the past decade, with surfers being the first to discover its charm. Its steady surf conditions and tranquil atmosphere, far from the capital's bustling crowds, made it a well-kept secret for years.
Costa da Caparica’s laid-back beach vibe, proximity to Lisbon and ongoing development, make it one of the region’s most attractive destinations. As Lisbon’s influence continues to expand, Costa da Caparica is evolving from a must-visit beach getaway into a thriving investment opportunity.
INVESTING IN CAPARICA
While prices of properties for sale in Costa da Caparica have been rising, they remain significantly lower compared to other coastal areas around Lisbon, making the region a desirable option for investors. This affordability, combined with its growing popularity among surfers, tourists, and digital nomads, has sparked keen interest from both residential and commercial property investors. As of 2024, Costa da Caparica boasts only six hotels, a relatively small number compared to similar coastal areas near Lisbon, highlighting an immense opportunity for future development and investment.
One key example of this investment potential is the renovation of the historical Paparica Hotel, a prime property located just 100 meters from the sea. This 2,000-square-meter project will offer a range of amenities, from cabana-style rooms to wellness facilities and integrated workspaces, appealing to both leisure and business travellers. The hotel's redevelopment, paired with the area's reputation as one of Portugal's top surfing destinations, underscores the region’s appeal for commercial investors.
LAID-BACK BEACH VIBE CLOSE TO LISBON
ADVISERS’ OPINION
Costa da Caparica’s laid-back beach vibe, combined with its proximity to Lisbon and ongoing development, makes it one of the region’s most attractive destinations. As Lisbon’s influence continues to expand, Costa da Caparica is evolving from a must-visit beach getaway into a thriving investment opportunity.
WHY TO BUY
- Steady surf conditions
- Easy access to Lisbon
- 26km coastline
- Good for rentals
- World-class beach clubs
KNOW BEFORE YOU GO
- 20 minutes drive from Lisbon
- 50 mins from Cascais
- Part of Lisbon Metropolitan Region
- Time Out recently named Costa da Caparica one of Europe’s coolest neighbourhoods
INFRASTRUCTURE DEVELOPMENT
Today, the town of Caparica boasts new infrastructure, including modern bike paths, revitalised fisherman’s huts, and a host of stylish restaurants. Meanwhile, the wider region is set for continued growth, with the Innovation District in nearby Almada injecting more than 800 million euros into the local economy over the next decade.
Despite this growth, Costa da Caparica remains a welcoming and affordable coastal retreat. Many Portuguese, as well as international residents, have second homes here, often using them for short-term rentals to meet the growing demand from tourists. The area’s mix of kitesurfers, sun-seekers, and digital nomads continues to rise, though it still retains a deep connection to its roots, with traditional fishermen hauling in their daily catch for the local restaurants.
HISTORY
Costa da Caparica’s coastal area has a rich history deeply connected to the sea and the lives of local fishing communities. Initially a small fishing village, the area began to develop in the 20th century, attracting Lisbon’s residents for summer retreats due to its proximity to the capital. Over time, it transformed into one of the busiest beach destinations in the Lisbon region, especially during the warmer months.
The area's landscape is also of great geological importance, particularly the "Arriba Fóssil," a protected cliff formation that dates back millions of years. Efforts to preserve the natural beauty of these cliffs were initiated in the 1980s, recognizing their environmental and historical significance. Today, Costa da Caparica blends its cultural heritage with modern developments, from surf culture to beachside cafes and leisure activities, making it a vibrant yet historically grounded destination.
THE AREA TODAY
The international bohemian crowd soon followed, blending effortlessly with the Portuguese, who had long cherished the area's charm. This fresh energy led to the emergence of laid-back beach clubs, offering a wide range of experiences—from fine beachfront dining to lively sunset parties beneath the stars.
Costa da Caparica's newfound popularity even captured the attention of Time Out, earning it a spot among the top 10 coolest European neighborhoods. While its surf and beaches are undeniably iconic, the area’s appeal extends far beyond the coastline. With its rich cultural offerings, vibrant lifestyle, and ongoing infrastructure investments, Costa da Caparica is attracting a diverse mix of visitors, from digital nomads to savvy investors.
The area's evolving cultural scene—including beach clubs, nightlife, and year-round events—further boosts its investment potential. As the region continues to develop and attract a growing number of visitors, the prospects for capital appreciation and rental yields become increasingly promising. With expanding infrastructure and tourism, Costa da Caparica is rapidly transforming from a popular getaway into a thriving investment hotspot.
ATHENA INSIGHTS
LOCATION
Half an hour from Lisbon, Ericeira is perfect for those who want to access Portugal's surf-before-work lifestyle.
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