Portugal Silver Coast Property /Ericeira Business for Sale

Why live in Portugal?

Portugal has one of the most pleasant all year around climates in Europe, a friendly welcoming population, a long and fascinating history and it’s own specific culture. Add to this - a varied countryside ranging from imposing mountain regions and deep river valleys in the north through the rolling plains in the central areas to the distinct and spectacular coastal areas of the West and the Algarve.

Further, fine food and excellent wines, which rarely cross the border, and a low cost of living result in a destination which provides one of the most attractive lifestyles imaginable.
More and more people are choosing Portugal not only for a second home but as a base to live and work, taking advantage of an excellent state of the art communication system.
Fortunately, tight control on construction is restricting the development to designated areas under the national Master Plan thus maintaining quality and ensuring that this unique lifestyle is maintained.

Buying in Portugal 

The process of buying in Portugal follows the Napoleonic code with logical progressive steps and built in a safe guard for both buyer and seller, see “Buying Property in Portugal Guide”.
Portugal has been at the top of the property investment table on several analyses and because of the conditions that make Portugal so attractive in which to live or have a second home, continued interest and capital growth are likely to continue.

Some of the independent assessments include:

1. 2005 channel 4 - Place in the Sun No.1 in the world holiday home purchase destination
2. 2006 No. 1in the world golf destination for the second year running
3. 2006 No3 investment growth destination in Europe (channel 4) after Romania and Poland (which start from a very low base!).

The country has stable government, low crime rate and little official intrusion in the life of its inhabitants.
Further, tax advantages can make Portugal a very attractive destination for fiscal reasons.

The above combine to make Portugal a very attractive location in which to purchase property.

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.

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!