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Reside — Spring 2025





























                                                                                             House of heritage


                                                                                             Dutch businessman and consul
                                                                                             Daniel Gildemeester paid homage
                                                                                             to Pombaline architecture when he
                                                                                             built the Quinta da Alegria country
                                                                                             estate in late 18th-century Sintra,
                                                                                             Portugal. Named after the first
            their windows as she bathed in the pool of the Casa Holstein hotel. The casino   Marquês de Pombal who rebuilt
            in Sintra’s coastal village, Azenhas do Mar, heaved.                             Lisbon after its 1755 earthquake,
                 While the casino is long gone, in many ways Sintra is still a resort town.   this style is known for its elegant,
            The residential property market attracts international buyers, traditionally     symmetrical and anti-seismic design.
            from Brazil, the United Kingdom and France, with a recent surge from North       In 2007, Quinta da Alegria was
            America. In 2023, Sintra registered 63,220 foreign residents, 32.8% more than    carefully restored by a family with
            the previous year. Portuguese real estate has garnered attention ever since the   Austrian royal heritage. Many original
            Non-Habitual Resident regime and Golden Visa scheme were announced in            features have survived—including the
            2009 and 2012 respectively, although the government has excluded real-estate     exquisite painted ceiling in the grand
            investments as a pathway to residency as of 2023. The revised program now        library—but are now enhanced by
            requires a minimum investment of $520,000 in eligible funds, venture capital     contemporary additions, including
            or business ventures, or a charitable contribution of at least $260,000—still    an elevator and heated swimming
            attractive terms. In 2024, house sales prices in Portugal rose by 10% according   pool. The main manor, along with
            to real-estate intelligence company Confidencial Imobiliário.                    two guesthouses and a caretaker’s
                 These incentives, along with the mild climate and scenic views, have        house, sits in a 10-acre landscape
            attracted northern European transplants by the planeload. Brussels power         of terraces, pools and trees, with
            couple Bernard Roché and Christina Cunningham Roché recently exchanged           a citrus grove, lake and grotto.
            gray Belgian skies for a 19th-century manor in Sintra, while French interior     It affords stunning views over the
            designer Arnaud Cabri-Wiltzer has restored Casa das Rosas, a chalet that was     historic sites of Sintra, including
            originally designed by the family of Portuguese architect Raul Lino.             the adjacent Seteais Palace,
                 Creative projects are flowering in unexpected corners, like the farm-       a neoclassical masterpiece, which
            restaurant Campo Escondido and the artistic residency La Nave. This has also     is now a five-star hotel.
            sparked a new wave of hospitality with a sexier edge. Hotel Marqí offers
            a Hollywood-inspired atmosphere with meticulous cinematic detail, and the
            slick Argentinian duo, Nicolás Lehmann and Franco Bordoni, have acquired
            Quinta Santa Maria Sintra and the 300-year-old Palácio da Fonte Nova in          Price upon request
            Queluz, where they have installed Michelin-starred chef Joachim Koerper.         Property ID: D9MKWR
            While Sintra’s sense of quiet luxury persists, this fresh influx of residents in   sothebysrealty.com
            search of their own private “Eden” certainly seems to be ushering in a new era. 0   Portugal Sotheby’s International Realty
                                                                                             Susana Carreira
            Ellie Howard is a culture writer and researcher, based in Lisbon, Portugal       +1 351 919 192 919


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