One of the most exciting developments in the property market in Portugal in recent years has been the discovery by would be expatriates and second home seekers of the stunning region known as the Silver Coast.
Portugal Silver Coast property for sale is now hotly in demand for those seeking an alternative to the hustle and bustle of the Algarve and for those who want to get closer to the true nature of this fascinating and historic country.
The Silver Coast stretches from Porto down to Portugal’s capital Lisbon and hugs the North Atlantic coastline; it is home to stunning beaches, amazing cliffs, beautiful fishing villages, lush rolling countryside and some of the most fascinating and beautiful historic sites of interest in the whole of Portugal.
Naturally enough many of those who discover the region fall in love with it and decide to set up home or buy a holiday villa or apartment on the Silver Coast.
The wealth of property available for sale along Portugal’s Silver Coast is incredibly broad – with its rapidly developing tourism market there has been a fair amount of development of seafront apartment complexes and also private villa residences with pools. An alternative is to buy a farmhouse, town house, fisherman’s cottage or even a piece of land - so those looking for Portugal Silver Coast property for sale will likely find something that suits both their requirements and their budget.
Prices currently start from around EUR 70,000 for a 700 square meter plot of land on which the purchaser can seek permission to build a residence of their own design. For those seeking investment property for sale in Portugal one way to make an income is to buy apartments or villas close to the sea and in a popular resort along the Silver Coast, these can then be let to the tourism market during the long hot summer season. Prices for apartments with sea views currently range from EUR 100,000 to about EUR 250,000 depending on the location, size and quality of the apartment and whether it has access to communal facilities such as pools, gardens, cafes and bars.
For those seeking a private residence and who have their heart set on a villa in Portugal they can expect to pay between EUR 110,000 for a basic property and EUR 1,500,000 for a superior beachfront home that comes complete with indoor and outdoor pools and is in close proximity to golf courses, bars, restaurants and the lovely town of Praia D`El Rey…such a property is currently on the market through Sunshine Estates.net
The Silver Coast is rapidly becoming the most desirable part of Portugal for discerning property purchasers and travellers – property price movements are beginning to reflect the region’s growing popularity and therefore those seeking Portugal Silver Coast property for sale should consider acting sooner rather than later before they are priced out of the market!