Malveira da Serra, Cascais Municipality, Portugal
5 Bedroom Existing House
Windmill House - AALB7648
€5,100,000
- House
- 5 bedrooms
- 5 bathrooms
- 259 sq m · €19,691/sq m
A rare architectural gem born from the masterful transformation of a historic windmill, this semi-circular residence in Malveira da Serra is nothing short of extraordinary. Set on a generous 938 sqm plot, the property commands exceptional panoramic views stretching to the ocean, complemented by an infinity pool, five bedrooms, a generous living room, and custom-made furniture of the highest quality throughout.
Entry through the original windmill tower leads into a welcoming semi-circular home wrapped around it. Five bedrooms, three of which are ensuite, enjoy either serene garden views or sweeping views, while the tower's summit houses a cosy additional room. Warm solid wood, hand-crafted zellige floors, and meticulous attention to detail define the interiors. Outside, the ocean-facing infinity pool terrace, a sheltered dining space with outdoor kitchen, and private rear gardens offer multiple distinct atmospheres.
- Irreplaceable asset, unique windmill conversion
- Natural Park zoning prevents any future overdevelopment
- Strong demand from international high-net-worth buyers
- Flexible use: residence, holiday home, or luxury rental
- Scarce supply drives above-average long-term appreciation
"A once-in-a-lifetime property where architectural poetry meets the Atlantic horizon."
Features
- Energy rating: B
- Floors: 0 / 1
- Garage quantity: 1
- 73 m² garage
- 714 m² garden
- Kitchen included
- South / West facing
- 2 parking spaces
Investment potential
Protected green zoning around Malveira da Serra prevents overdevelopment, sustaining a high-value, low-supply market with strong long-term appreciation. This property is genuinely one of a kind. The authenticity of the windmill fused with contemporary design, ocean views, and generous outdoor living make it irreplaceable. Whether as a dream holiday retreat, a weekend escape, a family home, or a distinguished pied-à-terre, its appeal and its value endure.
About the location
Nestled in the prestigious hillside village of Malveira da Serra, within the protected Sintra-Cascais Natural Park, this address offers a rare combination of natural beauty, seclusion, and connectivity. Guincho Beach is just minutes away, while Cascais is a ten-minute drive and Lisbon a mere 35. For buyers seeking exclusivity, nature, and effortless access to both city and sea, it is an exceptional choice.
Local insights
- Elevated village with cool breezes and ocean views
- Minutes from Guincho, one of Europe's finest beaches
- Discreet enclave favoured by Lisbon's creative elite
- Sintra's UNESCO palaces reachable in fifteen minutes
- Cascais Marina and top restaurants within a short drive
Buying guides
Capifornia: how Costa da Caparica is rewriting its own story
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Lisbon is the best city in Europe for families. But why?
More than a destination to spend a fortnight, Portugal is increasingly presenting itself as fantastic destination for international families looking to relocate - discover why.
How Lisbon's New 16E Tram Line is Reshaping the Marvila Property Market
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The Lisbon Real Estate Market 2023
Lisbon's real estate market remains a premier destination for long-term investment, underpinned by a surging tech sector, robust tourism, and a resilient economy.
Serviced apartments: the key to unlocking short-term lets in Lisbon
Lisbon is one of the most popular tourist destinations in Europe, yet tapping into its lucrative short-term rental market has become increasingly difficult for investors. So how can you have a secondary home in Lisbon and still benefit from the short-term rental yields? Enter serviced apartments: an alternative way for savvy investors to have their cake (or pastel de nata) and eat it too.
Capifornia: how Costa da Caparica is rewriting its own story
Lisbon is the best city in Europe for families. But why?
The Lisbon Real Estate Market 2023
Serviced apartments: the key to unlocking short-term lets in Lisbon
Capifornia: how Costa da Caparica is rewriting its own story
How a communist-era beach town became one of Lisbon's most compelling addresses - and the market has not yet caught up with the story.
View guideLisbon is the best city in Europe for families. But why?
More than a destination to spend a fortnight, Portugal is increasingly presenting itself as fantastic destination for international families looking to relocate - discover why.
View guideHow Lisbon's New 16E Tram Line is Reshaping the Marvila Property Market
When a city announces €160 million of new transport infrastructure through an emerging neighbourhood already absorbing €3 billion in regeneration investment, the question for serious buyers is not whether to look; it is whether they are already too late.
View guideThe Lisbon Real Estate Market 2023
Lisbon's real estate market remains a premier destination for long-term investment, underpinned by a surging tech sector, robust tourism, and a resilient economy.
View guideServiced apartments: the key to unlocking short-term lets in Lisbon
Lisbon is one of the most popular tourist destinations in Europe, yet tapping into its lucrative short-term rental market has become increasingly difficult for investors. So how can you have a secondary home in Lisbon and still benefit from the short-term rental yields? Enter serviced apartments: an alternative way for savvy investors to have their cake (or pastel de nata) and eat it too.
View guide