Historic Palace with Ocean Views in Paço de Arcos

€12,500,000

Lisboa, Lisboa, Portugal

  • 12 bed
  • 3 bath
  • 1139 m²
  • SingleFamilyResidence

The Habio take

AI summary

Quinta do Relógio is an exquisite 12-bedroom palace with stunning ocean views, constructed in the 19th century and formerly a royal residence. Nestled in Paço de Arcos, it boasts neoclassical architecture and lush gardens, making it a unique piece of history within a beautiful coastal setting.

  • historic
  • luxury
  • garden
  • coastal

Highlights

  • 12 spacious bedrooms
  • Historic significance as royal residence
  • Neoclassical architecture and lush gardens
  • Ocean views over the Tagus River
  • Two floors with palatial proportions
  • Direct garden access from sea view rooms

Worth knowing

  • Substantial maintenance costs
  • Located in a quieter area, limited immediate amenities

Good fit for: Ideal for buyers seeking a luxurious historic residence with cultural significance.

Lifestyle scores

Beach
60
Walkable
40
Remote work
50
Family
80
Retirement
75
Airport access
70
Investment
70
Luxury
85
Value
40

About this place

Quinta do Relógio dates back to the 19th century and was built in 1860 under the direction of Architect Cinatti from Siena. It was the summer residence of His Royal Highness, King Fernando II. At the moment, the property maintains its connection to the Portuguese nobility and the current owners are descendants of His Royal Highness the King D. João I and D. Filipa de Lancastre, Queen of Portugal. From the gardens of the Quinta, the Clock Tower, which gave the property its name, stands out. At Quinta do Relógio, both the treatment of exteriors and the distribution, layout and ornamentation of the buildings present a neoclassical language and atmosphere, surrounded by an immense and dense vegetation, from which several species of trees stand out due to their configuration and antiquity, such as the Araucaria, the plane trees and the dracaenas. The main building has two floors with palatial proportions and unique elements such as the symmetry of the plants, the sequence of spaces formed by a porch, entrance hall and staircase lit by a skylight. Three rooms with sea views and direct access to the garden. The treatment of the exterior spaces presents different levels of land arranged around a patio where the garages, stables and service quarters are located. The property is located on the first coastline, facing south, over the Tagus River and the Atlantic Ocean.

Buying property in Portugal

Full guide →

Portugal is open to foreign buyers with no restrictions on ownership. A NIF (tax number) and Portuguese bank account are required, and most buyers engage an independent lawyer to handle searches, contracts, and the public deed.

The buying process

  1. 1

    Get a NIF

    Apply for a Portuguese tax number (Número de Identificação Fiscal). Non-EU residents need a fiscal representative.

  2. 2

    Open a bank account

    Open a local account to handle the deposit, taxes, and ongoing utility payments.

  3. 3

    Engage a lawyer

    Hire an independent lawyer (not the seller's) to run title and planning searches.

  4. 4

    Sign the CPCV

    Promissory contract (Contrato de Promessa de Compra e Venda) with a deposit, typically 10–30%.

  5. 5

    Final searches & funds

    Lawyer confirms clean title; you transfer the balance and pay IMT and stamp duty before completion.

  6. 6

    Escritura (deed)

    Sign the public deed at a notary or via online platform Casa Pronta. Keys handed over.

  7. 7

    Register the property

    Lawyer registers the new ownership at the Land Registry (Conservatória do Registo Predial).

  • NIF (tax number)
  • Portuguese bank account
  • Passport / ID
  • Fiscal representative(optional)

    Required for non-EU/EEA residents

The Golden Visa programme no longer accepts residential real estate as a qualifying investment (changed 2023). Mortgages are available to non-residents, typically up to 60–70% LTV.

General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference

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€12,500,000