THE ALGARVE

In this calm before the storm, the Silver Coast property prices are managing to retain some real great value buys, especially with regard to apartments. No one can say how long the situation will remain like this and the general attitude is, if one intends to buy a great value property on the Silver Coast, one should do it sooner rather than later. For an example of some great value apartments currently available on the market on the Silver Coast, listed below is a selection of apartments with prices, photographs, and a link to further details on the website.

Bombarral – This 2 bedroom great value apartment is in Bombarral, on the Silver Coast. It is ideally located just 15 minutes drive from the many wonderful beaches on the west coast, and just a 40 minute drive from the bustling capital city of Lisbon. This low cost apartment is a real bargain buy! View more details on this great value 2 bedroom apartment

Nazaré – These brand new apartments for sale in Nazare are great value in a great location - just a short drive from the beach and within walking distance to local shops and amenities. They are a spacious 100m2 with 3 bedrooms and 2 bathrooms, fully fitted kitchens, and a high standard of finishings. The condominium is secure and well maintained and boasts a communal pool. See more on this property.

Cadaval – This brand new apartment is situated in a village close to the towns of Cadaval and Bombarral, within easy reach of the motorway. There is underground parking with allocation of two parking spaces and a storage space. These great value apartments also benefit from communal gardens.

3 bedroom apartment - €97.000. Great value apartment.

Alcobaca – This great value apartment is situated just 100 metres from the World Heritage monastery of Alcobaca, and within walking distance from shops, cafés, and restaurants. The apartment is on the first floor and enjoys a large balcony of 16m2 to the front of the property. This great value apartment features 2 bedrooms, kitchen, and lounge with dining area. The living area measures 80m2.

2 bedroom apartment - €78.000. Great value; excellent starter home.

Click here for a selection of apartments for sale on the Silver Coast

Many of those who discover this up-and-coming coastal region go on to fall in love with it. The Silver Coast is rapidly becoming the most desirable part of Portugal for discerning property investors, and the price movements are beginning to reflect this growth in popularity. For those seeking property for sale in the Silver Coast (Costa Prata as it’s known), the advice would be to act sooner rather than later, before the prices soar to match the properties for sale in the Algarve.

The Silver Coast stretches from north of Lisbon up the west coast to Porto. The most popular areas of the Silver Coast are currently the areas from Lourinhã up to Peniche, on to São Martinho do Porto and Nazaré on the coast, and a little inland to the town of Caldas da Rainha and the medieval walled city of Óbidos.

Property on the Silver Coast is currently in hot demand, and provides a fashionable alternative for those seeking an option away from the hustle and bustle of the Algarve. Of course, there are differences between the two regions. In the Silver Coast not so much English is spoken and in some inland areas it will be almost non-existent. One should be prepared for the adventure that comes with choosing a region, like the Silver Coast, that is untarnished by tourism. In fact, the Silver Coast remains the real Portugal, where traditions and culture abound. The beaches are incredibly popular in July and August with Portuguese holiday makers, thus maintaining a distinct Portuguese feel to the area, even since its recent discovery by foreign tourists searching for their bargain holiday beach home. There is also a marginal difference between the weather fronts of the Silver Coast and the Algarve. More marked though is the huge difference in weather fronts between anywhere in Portugal and the U.K! Central and Northern Portugal boast beautifully hot summers, blue skies and sunshine throughout the winter, and what maybe even be considered a bonus is that they don’t experience the fierce dry heat of the Algarve. However one looks at it, the weather will always be a joy compared to that of the U.K.

Another reason to choose the Silver Coast is that property prices are still a lot less than most other destinations in Southern Europe. However, with the recent trend to buy in this region, investors are hoping that the Silver Coast will see the sort of price hikes that the early investors of the Algarve enjoyed. Most are also hoping that further development will be controlled as the local authorities are promising so that the peaceful charm of the area won’t be swamped. But can there be hope for a rise in prices and yet coasts and towns remain unspoilt? Some say yes as the Portuguese have watched and learned from the rate of progresss in neighbouring Spain.

If you have not yet discovered this delightful region of Portugal, put it on the top of your list of destinations before you consider investing anywhere else. You won’t be disappointed.

For examples of properties for sale on the Silver Coast, go here.