Silver Coast Property: Picture Perfect Published on 15 Oct, 2010 by Michael Vincent Google+
Property For Sale: Silver Coast
The Silver Coast is known as one of the most beautiful locations in all of Western Europe. Many parts of the coast are still not fully developed because most property investors have purchased property in Algarve.
However, property in that region is constantly increasing, making it difficult for investors to find affordable property. Fortunately, the Silver Coast provides an alternative to this problem. Property in the Silver Coast area is currently available at a lower cost. Because the region is largely undeveloped, investors will find beautiful Silver Coast property at a price that is well below the cost of similar Algarve property.
The new frontier of Portugal's investment property market is now the Silver Coast. The Silver Coast is ranked as the best location in Europe for real estate development in terms of profitability. Investors enjoy a high rate of return in terms of high resale value and high rental income.
The Silver Coast has wide sandy beaches that are mainly deserted. The rolling hills leading to the beach is virtually untouched by modern life and its trappings. The lush vegetation of the Silver coast includes an abundance of olive groves and vineyards that produce wines for the market.
One of the most attractive benefits of investing in Silver Coast property is the low cost of living in the area. The residents of this area enjoy a higher quality of life for less money when compared to the residents of other Mediterranean areas. This lower cost of living is a major benefit to people that are willing to invest in a holiday home at the Silver Coast.
Steps have been taken by the Silver Coast authorities to ensure that the area retains is picturesque appearance. The authorities have control of the region's building developments to ensure that the Silver Coast will never lose its stunning aesthetic beauty. Purchasing a property in the Silver Coast area has become even more attractive because of the new road from Lisbon that has been built. Your new Silver Coast property is now a short one hour drive from Lisbon, the capital.
There are numerous tourist attractions in the Silver Coast area. The town of Obidos still has its original medieval appearance, with the original city walls still standing. Obidos is one of the most picturesque towns in all of Europe. Further, the local government has started aggressively developing an infrastructure program that will open the rural areas. This means the villages are now within reach for those people that want to tour the countryside.
The area offers plenty of exciting activities such as fishing, scuba diving, boating sports, and water sports. The Silver Coast is also home to some of the country's best golf courses such as the Porta Novo 9-hole golf course, the 18-hole Rio Maior golf course, and the Praia d'el Rey 18-hole golf course. When you purchase a Silver Coast property you will be close to at least one of these world class golf courses.
There are Silver Coast properties available for hire or sale that includes villas starting at 750 Euros for weekly rent or to purchase starting at 100,000 Euros. Also available are fully furnished apartments that are large enough to house a minimum of 8 people. These apartments can be rented for 300 Euros a week. Cottage and townhouses are also available for rent starting at 300 Euros a week.
Silver Coast properties are a gold mine for perceptive investors. The time to invest in this region is now, before demand starts to push the prices upwards.
Published in Property for sale in Portugal